Median Earnings (1yr)
$51,420
38th percentile
40th percentile in Illinois
Median Debt
$27,000
16% above national median

Analysis

North Central College finance graduates start below their peers but quickly catch up, with earnings jumping 39% to reach $71,590 by year fourβ€”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 $23,912β€”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

Earnings Distribution

How North Central College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
North Central College$51,420$71,590+39%
University of Illinois Urbana-Champaign$75,381$99,685+32%
Loyola University Chicago$66,919$84,622+26%
DePaul University$66,863$79,506+19%
Elmhurst University$57,171$78,675+38%

Compare to Similar Programs in Illinois

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

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
North Central CollegeNaperville$44,394$51,420$71,590$27,0000.53
University of Illinois Urbana-ChampaignChampaign$16,004$75,381$99,685$19,5000.26
Loyola University ChicagoChicago$51,716$66,919$84,622$24,9880.37
DePaul UniversityChicago$44,460$66,863$79,506$23,0000.34
Illinois Wesleyan UniversityBloomington$55,704$62,619$77,596$26,0000.42
Lake Forest CollegeLake Forest$54,202$61,264$72,661$27,0000.44
National Medianβ€”$53,590β€”$23,3320.44

Career Paths

Occupations commonly associated with finance and financial management services graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Chief Executives

Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

$105,350/yrJobs growth:Bachelor's degree

Chief Sustainability Officers

Communicate and coordinate with management, shareholders, customers, and employees to address sustainability issues. Enact or oversee a corporate sustainability strategy.

$105,350/yrJobs growth:Bachelor's degree

General and Operations Managers

Plan, direct, or coordinate the operations of public or private sector organizations, overseeing multiple departments or locations. Duties and responsibilities include formulating policies, managing daily operations, and planning the use of materials and human resources, but are too diverse and general in nature to be classified in any one functional area of management or administration, such as personnel, purchasing, or administrative services. Usually manage through subordinate supervisors. Excludes First-Line Supervisors.

$105,350/yrJobs growth:Bachelor's degree

Personal Financial Advisors

Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. May also buy and sell financial assets for clients.

$102,140/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Insurance Underwriters

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

$79,880/yrJobs growth:Bachelor's degree
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.