Median Earnings (1yr)
$47,435
56th percentile
60th percentile in Illinois
Median Debt
$25,000
4% below national median

Analysis

Olivet Nazarene's business program performs slightly above average for Illinois, placing in the 60th percentile statewideβ€”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 upsideβ€”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

Earnings Distribution

How Olivet Nazarene University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Olivet Nazarene University$47,435$52,270+10%
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
Olivet Nazarene UniversityBourbonnais$37,940$47,435$52,270$25,0000.53
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 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.