Based on U.S. Department of Education data (October 2025 release). Some figures are estimates based on similar programs — see details below.
Analysis
Northeastern Illinois University's economics program sits in the middle of Illinois options but trails the national pack significantly. First-year earnings of $40,004 fall nearly $12,000 below the national median for economics graduates, placing this program at just the 10th percentile nationally—though it performs better relative to other Illinois schools at the 40th percentile. The estimated $25,000 debt burden (based on comparable programs at similar Illinois institutions) translates to a debt-to-earnings ratio of 0.62, which is manageable but requires that starting salary to grow.
The silver lining here is trajectory: earnings jump 39% to $55,396 by year four, suggesting graduates find their footing after initially modest beginnings. This pattern makes sense at a school where 54% of students receive Pell grants—many graduates may be building networks and credentials from scratch rather than leveraging existing advantages. However, even that four-year mark leaves graduates earning less than peers from top Illinois programs make in year one. The gap between Northeastern's outcomes and places like Northwestern ($85K) or even U of I Urbana-Champaign ($59K) is substantial.
For families prioritizing affordability and access, this program offers a path into economics without crushing debt. But if your child has options at higher-performing Illinois schools, the earnings difference—$17,000 annually compared to the state median—compounds significantly over a career and may justify additional investment elsewhere.
Where Northeastern Illinois University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Northeastern Illinois University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Northeastern Illinois University | $40,004 | $55,396 | +38% |
| University of Chicago | $92,075 | $127,832 | +39% |
| Northwestern University | $84,932 | $105,795 | +25% |
| University of Illinois Urbana-Champaign | $58,921 | $75,600 | +28% |
| University of Illinois Chicago | $37,767 | $63,369 | +68% |
Compare to Similar Programs in Illinois
Economics bachelors's programs at peer institutions in Illinois (35 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $12,383 | $40,004 | $55,396 | $25,000* | — | |
| $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
Explore Related Programs
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 Northeastern Illinois University, approximately 54% 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 29 graduates with reported earnings and 18 graduates with debt data. Small samples may not be representative.