Analysis
Illinois economics programs split dramatically between elite institutions—where University of Chicago grads earn over $90,000 and Northwestern alumni clear $84,000—and programs clustered around the state median of $47,000. Roosevelt's economics degree appears to land in this middle tier, with estimated earnings matching the typical Illinois economics outcome rather than approaching the national benchmark of $51,700.
The estimated debt of $23,700 sits slightly below both state and national medians, producing a manageable 0.50 debt-to-earnings ratio. For context, this means borrowing roughly half a year's income—reasonable if those first-year earnings represent a starting point rather than a ceiling. However, Roosevelt serves a largely Pell-eligible population (46%), and these families need economics degrees that lead somewhere. The question is whether $47,000 represents entry into roles with clear advancement trajectories or a plateau that limits return on investment.
What matters most here is understanding Roosevelt's specific career support and alumni network in Chicago's finance and business sectors. The wide gap between elite Illinois programs and the state median suggests that institutional reputation and connections drive economics outcomes as much as the degree itself. Before committing, verify where Roosevelt's recent economics graduates actually landed and whether those paths justify taking on nearly $24,000 in debt for mid-tier projected earnings.
Where Roosevelt 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 |
|---|---|---|---|---|---|
| $20,280 | $47,048* | — | $23,717* | — | |
| $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* | — | $27,000* | 0.50 | |
| National Median | — | $51,722* | — | $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 Roosevelt University, approximately 46% 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.