Health and Medical Administrative Services at Rasmussen University-Illinois

Rasmussen University-Illinois graduates with a health administration bachelor's degree start at $46,361—just above both the Illinois state median and the national average—but they're carrying $44,359 in debt, which is notably higher than the state median of $28,162. With a debt-to-earnings ratio of 0.96, these graduates face nearly a dollar of debt for every dollar they earn in their first year, a heavier burden than many comparable programs despite the earnings being respectable.

The 60th percentile ranking among Illinois programs tells a nuanced story. While earnings edge out the state median, schools like University of St. Francis and Concordia University-Chicago deliver graduates earning $65,000 to $83,000—substantially more for what may be similar or even lower debt loads. The 7% earnings growth to $49,420 by year four is steady but modest, suggesting this field doesn't reward experience as aggressively as some healthcare career paths. With 63% of students receiving Pell grants, Rasmussen serves a population that particularly needs strong earning potential to justify debt levels.

For families weighing this program, the question centers on debt management. The earnings are solid enough to get started, but that $44,000 debt load will shape monthly budgets for years. If your child can access this program with significantly less borrowing—through grants, working part-time, or community college transfer credits—the value proposition improves considerably. At full sticker price, though, other Illinois programs might deliver better financial outcomes.