Business Administration, Management and Operations at Midwestern Career College
Associate's Degree
mccollege.eduAnalysis
With estimated debt of $25,555 against first-year earnings around $43,736, this program's financials hinge entirely on whether those projected figures hold true for Midwestern Career College specifically. That debt figureβderived from similar private career colleges nationallyβruns double what typical Illinois business programs carry ($12,500 median). The earnings estimate comes from other Illinois associate programs in business, where actual reported outcomes range widely from near $40,000 to nearly $60,000.
The challenge here is uncertainty. Illinois community colleges like Harper and College of DuPage produce documented earnings that either match or significantly exceed this program's estimated performance, often with far less debt burden. That suggests cheaper options exist with proven track records. But without actual graduate outcomes from Midwestern Career College, you're essentially betting that this school's results will mirror the state median rather than fall below itβa meaningful gamble when you're paying twice the typical debt load for the credential.
If your child is already enrolled or has specific reasons this school works better than nearby community colleges, the estimated debt-to-earnings ratio of 0.58 isn't catastrophic. But if you're still choosing, the documented success of Illinois community colleges in this field makes them the safer financial bet, particularly given their lower costs and transparent outcomes data.
Where Midwestern Career College Stands
Earnings vs. debt across all business administration, management and operations associates's programs nationally
Compare to Similar Programs in Illinois
Business Administration, Management and Operations associates's programs at peer institutions in Illinois (51 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| β | $43,736* | β | $25,555* | β | |
| $3,822 | $59,982* | β | β* | β | |
| $4,320 | $46,497* | β | $12,000* | 0.26 | |
| $20,280 | $44,510* | $43,617 | $12,000* | 0.27 | |
| $13,546 | $43,736* | $45,005 | $25,555* | 0.58 | |
| $4,530 | $39,887* | β | β* | β | |
| National Median | β | $33,977* | β | $13,980* | 0.41 |
Career Paths
Occupations commonly associated with business administration, management and operations graduates
Computer and Information Systems Managers
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Compensation and Benefits Managers
Human Resources Managers
Sales Managers
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Midwestern Career College, approximately 40% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 7 similar programs in IL. Actual outcomes may vary.