Est. Earnings (1yr)
$45,015
Est. from IL median (5 programs)
Est. Median Debt
$26,845
Est. from IL median (3 programs)

Analysis

Northwestern's elite admissions (7% acceptance rate, 1526 average SAT) create expectations that estimated first-year earnings of $45,015 simply don't meet. While we lack reported outcomes for this specific program—the figures here reflect what similar business programs across Illinois typically produce—the disconnect between Northwestern's selectivity and earnings comparable to far less selective state schools deserves scrutiny. Notably, graduates from DeVry University-Illinois report median earnings of $57,020, significantly outpacing what peer business programs in Illinois suggest Northwestern graduates might earn.

The estimated debt load of $26,845 isn't alarming on its own, sitting right at the national median for business degrees. With a debt-to-earnings ratio around 0.60, the financial burden appears manageable for typical starting salaries. However, for a family paying Northwestern's full cost of attendance—likely exceeding $80,000 annually—these estimated returns look particularly underwhelming. Even families receiving substantial aid should question whether this program delivers Northwestern-caliber career outcomes, especially when the school's own economics, engineering, and journalism programs have historically shown much stronger early earnings.

Without actual reported data, it's impossible to know if Northwestern's business graduates truly follow the Illinois median or significantly exceed it through superior networks and recruiting. Given Northwestern's reputation, better outcomes seem plausible—but parents investing six figures deserve concrete evidence, not assumptions. Press the admissions office for actual placement and salary data before committing.

Where Northwestern University Stands

Earnings vs. debt across all business/commerce bachelors's programs nationally

Compare to Similar Programs in Illinois

Business/Commerce bachelors's programs at peer institutions in Illinois (13 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Northwestern UniversityEvanston$65,997$45,015*—$26,845*—
DeVry University-IllinoisLisle$17,488$57,020*$56,664$47,236*0.83
Trinity International University-IllinoisDeerfield$12,320$47,463*$53,072$23,180*0.49
Northeastern Illinois UniversityChicago$12,383$45,015*$67,572$17,788*0.40
Lake Forest CollegeLake Forest$54,202$44,283*$64,213$27,000*0.61
Saint Xavier UniversityChicago$36,840$44,190*$57,865$26,845*0.61
National Median—$47,506*—$26,000*0.55
* Estimated from similar programs

Career Paths

Occupations commonly associated with business/commerce graduates

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

Industrial Production Managers

Plan, direct, or coordinate the work activities and resources necessary for manufacturing products in accordance with cost, quality, and quantity specifications.

$121,440/yrJobs growth:Bachelor's degree

Quality Control Systems Managers

Plan, direct, or coordinate quality assurance programs. Formulate quality control policies and control quality of laboratory and production efforts.

$121,440/yrJobs growth:Bachelor's degree

Geothermal Production Managers

Manage operations at geothermal power generation facilities. Maintain and monitor geothermal plant equipment for efficient and safe plant operations.

$121,440/yrJobs growth:Bachelor's degree

Biofuels Production Managers

Manage biofuels production and plant operations. Collect and process information on plant production and performance, diagnose problems, and design corrective procedures.

$121,440/yrJobs growth:Bachelor's degree

Biomass Power Plant Managers

Manage operations at biomass power generation facilities. Direct work activities at plant, including supervision of operations and maintenance staff.

$121,440/yrJobs growth:Bachelor's degree

Hydroelectric Production Managers

Manage operations at hydroelectric power generation facilities. Maintain and monitor hydroelectric plant equipment for efficient and safe plant operations.

$121,440/yrJobs growth:Bachelor's degree

Construction Managers

Plan, direct, or coordinate, usually through subordinate supervisory personnel, activities concerned with the construction and maintenance of structures, facilities, and systems. Participate in the conceptual development of a construction project and oversee its organization, scheduling, budgeting, and implementation. Includes managers in specialized construction fields, such as carpentry or plumbing.

$106,980/yrJobs growth:Bachelor's degree

Administrative Services Managers

Plan, direct, or coordinate one or more administrative services of an organization, such as records and information management, mail distribution, and other office support services.

$106,880/yrJobs growth:Bachelor's degree

Facilities Managers

Plan, direct, or coordinate operations and functionalities of facilities and buildings. May include surrounding grounds or multiple facilities of an organization's campus.

$106,880/yrJobs growth:Bachelor's degree

Security Managers

Direct an organization's security functions, including physical security and safety of employees and facilities.

$106,880/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
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 Northwestern University, approximately 19% 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 5 similar programs in IL. Actual outcomes may vary.