Analysis
Illinois economics programs span an enormous range—from elite institutions breaking $90,000 in first-year earnings down to programs where graduates start closer to $40,000. Based on comparable programs across the state, North Park's economics degree appears positioned in the middle tier, with estimated first-year earnings around $47,000 against roughly $24,000 in debt. That debt-to-earnings ratio of 0.50 sits comfortably below the threshold where loan payments typically become burdensome, and the estimated debt figure actually tracks slightly below the national median for economics programs.
The gap between North Park's estimated outcomes and Chicago's top-tier programs is significant—similar Illinois economics programs produce starting salaries about half what University of Chicago or Northwestern graduates command. However, the estimated earnings align precisely with the state median, suggesting this represents a standard launch point for economics graduates in Illinois. With 43% of students receiving Pell grants, North Park serves a population where avoiding excessive debt matters tremendously, and the estimated $24,000 figure appears manageable on these projected earnings.
For families evaluating this program, the fundamental challenge is that these estimates come from peer institutions rather than North Park's actual graduates, making it impossible to know if this particular program outperforms or underperforms similar ones. The projected debt load seems reasonable, but you're essentially betting on outcomes that match other mid-tier Illinois economics programs—without data confirming North Park delivers comparable results.
Where North Park University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Illinois
Economics bachelors's programs at peer institutions in Illinois (35 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $35,325 | $47,048* | — | $23,717* | — | |
| $66,939 | $92,075* | $127,832 | $13,197* | 0.14 | |
| $65,997 | $84,932* | $105,795 | $16,227* | 0.19 | |
| $43,930 | $62,889* | $60,894 | $21,000* | 0.33 | |
| $16,004 | $58,921* | $75,600 | $21,228* | 0.36 | |
| $37,940 | $54,169* | — | $27,000* | 0.50 | |
| National Median | — | $51,722* | — | $22,816* | 0.44 |
Career Paths
Occupations commonly associated with economics graduates
Economists
Environmental Economists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Statisticians
Biostatisticians
Economics Teachers, Postsecondary
Market Research Analysts and Marketing Specialists
Search Marketing Strategists
Secondary School Teachers, Except Special and Career/Technical Education
Survey Researchers
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 Park University, approximately 43% 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 15 similar programs in IL. Actual outcomes may vary.