Median Earnings (1yr)
$51,420
38th percentile (40th in IL)
Median Debt
$27,000
16% above national median
Debt-to-Earnings
0.53
Manageable
Sample Size
49
Adequate data

Analysis

North Central College finance graduates start below their peers but quickly catch up, with earnings jumping 39% to reach $71,590 by year four—well above both the national and Illinois medians. While first-year earnings of $51,420 lag behind Illinois competitors like DePaul ($66,863) and Loyola ($66,919), that income gap narrows considerably as graduates gain experience. This trajectory suggests the program may emphasize foundational skills that pay off once students establish themselves in the field.

The real strength here is the debt picture. At $27,000, graduates carry slightly more than typical for finance programs nationally, but notably less than Illinois's state median of $23,912—wait, that's backwards. Actually, they carry about $3,000 more than the state average, yielding a debt-to-earnings ratio of 0.53. That's manageable, though not exceptional, meaning graduates will spend roughly six months of their first-year salary covering their debt.

The bottom line: This program offers solid long-term earnings potential with reasonable debt, particularly for students seeking an accessible path into finance (58% admission rate versus more selective Illinois competitors). However, parents should understand their child will likely start at a lower salary than peers from top-tier state programs, potentially affecting early career financial planning and loan repayment timelines.

Where North Central College Stands

Earnings vs. debt across all finance and financial management services bachelors's programs nationally

North Central CollegeOther finance and financial management services programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How North Central College graduates compare to all programs nationally

North Central College graduates earn $51k, placing them in the 38th percentile of all finance and financial management services bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Illinois

Finance and Financial Management Services bachelors's programs at peer institutions in Illinois (31 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
North Central College$51,420$71,590$27,0000.53
University of Illinois Urbana-Champaign$75,381$99,685$19,5000.26
Loyola University Chicago$66,919$84,622$24,9880.37
DePaul University$66,863$79,506$23,0000.34
Illinois Wesleyan University$62,619$77,596$26,0000.42
Lake Forest College$61,264$72,661$27,0000.44
National Median$53,590$23,3320.44

Other Finance and Financial Management Services Programs in Illinois

Compare tuition, earnings, and debt across Illinois schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Illinois Urbana-Champaign
Champaign
$16,004$75,381$19,500
Loyola University Chicago
Chicago
$51,716$66,919$24,988
DePaul University
Chicago
$44,460$66,863$23,000
Illinois Wesleyan University
Bloomington
$55,704$62,619$26,000
Lake Forest College
Lake Forest
$54,202$61,264$27,000

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 North Central College, approximately 25% 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.

Sample Size: Based on 49 graduates with reported earnings and 54 graduates with debt data. Small samples may not be representative.