Analysis
Similar economics programs across Illinois suggest first-year earnings around $47,000βmodestly below the $51,700 national median but typical for the state outside elite institutions like University of Chicago and Northwestern. That estimated $23,717 in debt produces a 0.50 debt-to-earnings ratio, meaning half a year's salary to cover loans, which falls within manageable territory for bachelor's holders in this field.
The practical challenge is opportunity cost. Economics degrees at Illinois' flagship universities yield substantially higher starting salaries (nearly $59,000 at UIUC), and even regional competitors like Wheaton reach $63,000. With 42% of Rockford's students receiving Pell grants and an average SAT of 984, many families here are price-sensitive and may lack the financial cushion to wait for economics careers to develop over time. If a student is choosing Rockford primarily for affordability or proximity, that calculation could workβbut not if they're paying comparable tuition to larger state schools with stronger recruiting pipelines.
The bottom line: This program likely delivers acceptable outcomes relative to its debt load, but parents should verify the actual cost of attendance. If Rockford offers significant merit aid or allows a student to live at home, the estimated numbers become more compelling. Without those advantages, comparable earnings might be available at institutions with better placement networks in economics-heavy fields like finance and consulting.
Where Rockford University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Illinois
Economics bachelors's programs at peer institutions in Illinois (35 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $37,300 | $47,048* | β | $23,717* | β | |
| $66,939 | $92,075* | $127,832 | $13,197* | 0.14 | |
| $65,997 | $84,932* | $105,795 | $16,227* | 0.19 | |
| $43,930 | $62,889* | $60,894 | $21,000* | 0.33 | |
| $16,004 | $58,921* | $75,600 | $21,228* | 0.36 | |
| $37,940 | $54,169* | β | $27,000* | 0.50 | |
| National Median | β | $51,722* | β | $22,816* | 0.44 |
Career Paths
Occupations commonly associated with economics graduates
Economists
Environmental Economists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Statisticians
Biostatisticians
Economics Teachers, Postsecondary
Market Research Analysts and Marketing Specialists
Search Marketing Strategists
Secondary School Teachers, Except Special and Career/Technical Education
Survey Researchers
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 Rockford University, approximately 42% 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 15 similar programs in IL. Actual outcomes may vary.