Business Administration, Management and Operations at Olivet Nazarene University
Bachelor's Degree
Analysis
Olivet Nazarene's business program performs slightly above average for Illinois, placing in the 60th percentile statewide—a solid if unremarkable position among the state's 52 business programs. Starting earnings of $47,435 exceed both national and state medians, though the program falls well short of Illinois's top-tier options where graduates at UIUC and UIC earn $20,000+ more out of the gate. The $25,000 debt load is manageable, translating to a debt-to-earnings ratio of 0.53 that suggests most graduates can handle their loan payments without severe strain.
The 10% earnings growth to $52,270 by year four is modest but steady, keeping pace with typical career progression for business majors. What you're getting here is dependability rather than exceptional upside—the program delivers outcomes that won't surprise anyone familiar with regional private universities. For families prioritizing a Christian campus environment, these numbers demonstrate that Olivet students aren't sacrificing significantly on the financial front compared to peers at secular Illinois schools.
The practical takeaway: if your child is drawn to Olivet's faith-based community and smaller setting, the business program won't undermine their financial future. But if maximizing early career earnings is the priority and they can gain admission elsewhere, several Illinois public universities offer notably stronger salary outcomes at similar or lower debt levels.
Where Olivet Nazarene 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 Olivet Nazarene University graduates compare to all programs nationally
Olivet Nazarene University graduates earn $47k, placing them in the 56th 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 |
|---|---|---|---|---|
| Olivet Nazarene University | $47,435 | $52,270 | $25,000 | 0.53 |
| 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 Olivet Nazarene University, approximately 35% 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 63 graduates with reported earnings and 79 graduates with debt data. Small samples may not be representative.