Business Administration, Management and Operations at Northern Illinois University
Bachelor's Degree
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 year—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 programs—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
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 Northern Illinois University graduates compare to all programs nationally
Northern Illinois University graduates earn $53k, placing them in the 75th percentile of all business administration, management and operations 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
Business Administration, Management and Operations bachelors's programs at peer institutions in Illinois (52 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Northern Illinois University | $52,724 | $63,809 | $22,500 | 0.43 |
| University of Illinois Urbana-Champaign | $68,442 | $81,669 | $19,175 | 0.28 |
| University of Illinois Chicago | $65,781 | — | $20,832 | 0.32 |
| Loyola University Chicago | $64,513 | $56,763 | $25,000 | 0.39 |
| Rasmussen University-Illinois | $59,693 | $56,566 | $37,315 | 0.63 |
| Southern Illinois University-Carbondale | $55,633 | $58,561 | $27,500 | 0.49 |
| National Median | $45,703 | — | $26,000 | 0.57 |
Other Business Administration, Management and Operations Programs in Illinois
Compare tuition, earnings, and debt across Illinois schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| University of Illinois Urbana-Champaign Champaign | $16,004 | $68,442 | $19,175 |
| University of Illinois Chicago Chicago | $14,338 | $65,781 | $20,832 |
| Loyola University Chicago Chicago | $51,716 | $64,513 | $25,000 |
| Rasmussen University-Illinois Rockford | $13,546 | $59,693 | $37,315 |
| Southern Illinois University-Carbondale Carbondale | $13,244 | $55,633 | $27,500 |
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.