Median Earnings (1yr)
$52,724
75th percentile
60th percentile in Illinois
Median Debt
$22,500
13% below national median

Analysis

Northern Illinois University's business management program delivers something increasingly rare: strong early earnings paired with manageable debt. Graduates earn $52,724 in their first yearβ€”above three-quarters of similar programs nationally and outpacing the Illinois median by $6,300. With just $22,500 in debt, students face a 0.43 debt-to-earnings ratio, meaning they owe less than half their first year's salary. That's a far more favorable position than the typical business graduate.

The 21% earnings growth to nearly $64,000 by year four suggests graduates are building real career momentum, not just finding entry-level work. While NIU doesn't match the elite earnings of U of I Urbana-Champaign, it costs substantially less to attend and places in the 60th percentile among Illinois business programsβ€”a solid middle position. For a school with a 70% admission rate serving many Pell-eligible students, these outcomes represent genuine economic mobility.

The value proposition here is straightforward: your child gets above-average earnings potential without the debt burden that often accompanies business degrees. For families seeking a cost-effective path to a solid business career, particularly those planning to stay in Illinois, this program does exactly what it should.

Where Northern Illinois University Stands

Earnings vs. debt across all business administration, management and operations bachelors's programs nationally

Earnings Distribution

How Northern Illinois University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Northern Illinois University$52,724$63,809+21%
University of Illinois Urbana-Champaign$68,442$81,669+19%
Augustana College$50,210$67,269+34%
Illinois Wesleyan University$48,706$67,148+38%
Illinois State University$50,647$64,538+27%

Compare to Similar Programs in Illinois

Business Administration, Management and Operations bachelors's programs at peer institutions in Illinois (52 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Northern Illinois UniversityDekalb$12,700$52,724$63,809$22,5000.43
University of Illinois Urbana-ChampaignChampaign$16,004$68,442$81,669$19,1750.28
University of Illinois ChicagoChicago$14,338$65,781β€”$20,8320.32
Loyola University ChicagoChicago$51,716$64,513$56,763$25,0000.39
Rasmussen University-IllinoisRockford$13,546$59,693$56,566$37,3150.63
Southern Illinois University-CarbondaleCarbondale$13,244$55,633$58,561$27,5000.49
National Medianβ€”$45,703β€”$26,0000.57

Career Paths

Occupations commonly associated with business administration, management and operations graduates

Computer and Information Systems Managers

Plan, direct, or coordinate activities in such fields as electronic data processing, information systems, systems analysis, and computer programming.

$171,200/yrJobs growth:Bachelor's degree

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

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

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Compensation and Benefits Managers

Plan, direct, or coordinate compensation and benefits activities of an organization.

$140,360/yrJobs growth:Bachelor's degree

Human Resources Managers

Plan, direct, or coordinate human resources activities and staff of an organization.

$140,030/yrJobs growth:Bachelor's degree

Sales Managers

Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

$138,060/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 Northern Illinois University, approximately 46% 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 237 graduates with reported earnings and 241 graduates with debt data. Small samples may not be representative.