Finance and Financial Management Services at Rasmussen University-Illinois
Bachelor's Degree
rasmussen.eduAnalysis
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 borrowingβa 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 careerβjust 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
Earnings Distribution
How Rasmussen University-Illinois graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Rasmussen University-Illinois | $47,744 | $63,775 | +34% |
| University of Illinois Urbana-Champaign | $75,381 | $99,685 | +32% |
| Loyola University Chicago | $66,919 | $84,622 | +26% |
| DePaul University | $66,863 | $79,506 | +19% |
| Elmhurst University | $57,171 | $78,675 | +38% |
Compare to Similar Programs in Illinois
Finance and Financial Management Services bachelors's programs at peer institutions in Illinois (31 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $13,546 | $47,744 | $63,775 | $31,000 | 0.65 | |
| $16,004 | $75,381 | $99,685 | $19,500 | 0.26 | |
| $51,716 | $66,919 | $84,622 | $24,988 | 0.37 | |
| $44,460 | $66,863 | $79,506 | $23,000 | 0.34 | |
| $55,704 | $62,619 | $77,596 | $26,000 | 0.42 | |
| $54,202 | $61,264 | $72,661 | $27,000 | 0.44 | |
| National Median | β | $53,590 | β | $23,332 | 0.44 |
Career Paths
Occupations commonly associated with finance and financial management services graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Personal Financial Advisors
Financial and Investment Analysts
Financial Risk Specialists
Budget Analysts
Business Teachers, Postsecondary
Insurance Underwriters
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.