Finance and Financial Management Services at Rasmussen University-Illinois
Bachelor's Degree
Analysis
Rasmussen's finance program starts roughly $6,000 below the Illinois median for first-year earnings, though graduates show solid momentum with 34% income growth by year four. More concerning is the debt load: at $31,000, it's about $7,000 higher than what Illinois finance grads typically carry. This puts the program in the 40th percentile for earnings within Illinois but combines it with above-average borrowing—a challenging trade-off when peers at schools like DePaul or Loyola start $19,000 ahead right out of the gate.
The math works, but barely. A 0.65 debt-to-earnings ratio is manageable, and that 34% earnings trajectory suggests graduates find their footing after a slow start. With 63% of students receiving Pell grants, the program clearly serves students who need access to a finance degree. However, you're paying somewhat more to earn somewhat less than the typical Illinois finance graduate, at least initially.
For families focused purely on return on investment, stronger Illinois options exist. But if accessibility, flexible scheduling, or location constraints make Rasmussen the practical choice, the program won't derail your child's career—just expect a steeper climb early on and make sure they're committed to aggressively building experience and networking to close that initial earnings gap.
Where Rasmussen University-Illinois Stands
Earnings vs. debt across all finance and financial management services 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 Rasmussen University-Illinois graduates compare to all programs nationally
Rasmussen University-Illinois graduates earn $48k, placing them in the 21th percentile of all finance and financial management services 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
Finance and Financial Management Services bachelors's programs at peer institutions in Illinois (31 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Rasmussen University-Illinois | $47,744 | $63,775 | $31,000 | 0.65 |
| University of Illinois Urbana-Champaign | $75,381 | $99,685 | $19,500 | 0.26 |
| Loyola University Chicago | $66,919 | $84,622 | $24,988 | 0.37 |
| DePaul University | $66,863 | $79,506 | $23,000 | 0.34 |
| Illinois Wesleyan University | $62,619 | $77,596 | $26,000 | 0.42 |
| Lake Forest College | $61,264 | $72,661 | $27,000 | 0.44 |
| National Median | $53,590 | — | $23,332 | 0.44 |
Other Finance and Financial Management Services 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 | $75,381 | $19,500 |
| Loyola University Chicago Chicago | $51,716 | $66,919 | $24,988 |
| DePaul University Chicago | $44,460 | $66,863 | $23,000 |
| Illinois Wesleyan University Bloomington | $55,704 | $62,619 | $26,000 |
| Lake Forest College Lake Forest | $54,202 | $61,264 | $27,000 |
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 Rasmussen University-Illinois, approximately 63% 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 39 graduates with reported earnings and 45 graduates with debt data. Small samples may not be representative.