Analysis
A $26,845 debt load against first-year earnings around $45,000 represents reasonable financial positioning for a business degree—the 0.60 debt-to-earnings ratio suggests manageable repayment. However, these figures come from comparable Illinois business programs rather than Olivet Nazarene's own graduates, so there's inherent uncertainty about how this specific program performs.
The estimated earnings align with Illinois's median for business bachelor's degrees, though they trail the national median of $47,506. Looking at peer schools with reported data, there's considerable variation—DeVry graduates earn substantially more at $57,000, while several other Illinois institutions cluster in the mid-$40,000 range similar to these estimates. This spread suggests program quality and institutional connections matter significantly in business outcomes.
What works in your favor: business degrees generally offer practical skills and broad employment options, and the debt level here won't overwhelm typical starting salaries. What's uncertain: without this school's actual graduate outcomes, you're making decisions based on how other Illinois business programs have performed. Before committing, try connecting with recent Olivet Nazarene business alumni directly to understand their job placement experience and whether the school's network delivers value beyond what these peer-based estimates suggest.
Where Olivet Nazarene 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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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $37,940 | $45,015* | — | $26,845* | — | |
| $17,488 | $57,020* | $56,664 | $47,236* | 0.83 | |
| $12,320 | $47,463* | $53,072 | $23,180* | 0.49 | |
| $12,383 | $45,015* | $67,572 | $17,788* | 0.40 | |
| $54,202 | $44,283* | $64,213 | $27,000* | 0.61 | |
| $36,840 | $44,190* | $57,865 | $26,845* | 0.61 | |
| National Median | — | $47,506* | — | $26,000* | 0.55 |
Career Paths
Occupations commonly associated with business/commerce graduates
Sales Managers
Industrial Production Managers
Quality Control Systems Managers
Geothermal Production Managers
Biofuels Production Managers
Biomass Power Plant Managers
Hydroelectric Production Managers
Construction Managers
Administrative Services Managers
Facilities Managers
Security Managers
Chief Executives
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.
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.