Median Earnings (1yr)
$55,633
84th percentile
60th percentile in Illinois
Median Debt
$27,500
6% above national median

Analysis

SIU-Carbondale's business program charges about 7% more debt than the state median while delivering graduates who earn $12,000 more than typical Illinois business majors in their first year. That's a meaningful premiumβ€”graduates start at the 84th percentile nationally and 60th percentile statewide, placing them well above most competitors despite the school's 90% admission rate and modest SAT scores.

The debt load of $27,500 remains manageable with a debt-to-earnings ratio of 0.49, meaning graduates owe roughly half their first-year salary. This positions them far better than the national picture for business degrees. However, the modest 5% earnings growth over four years suggests graduates reach their earning potential quickly rather than building toward higher-paying management roles. They're earning solidly from day one but shouldn't expect dramatic salary jumps early in their careers.

For families weighing in-state options, SIU-Carbondale offers clear value between the elite University of Illinois campuses (which cost more and are harder to access) and lower-tier alternatives. The combination of strong starting salaries, reasonable debt, and accessible admission makes this a practical choice for students seeking reliable business outcomes without the pressure of highly selective programs.

Where Southern Illinois University-Carbondale Stands

Earnings vs. debt across all business administration, management and operations bachelors's programs nationally

Earnings Distribution

How Southern Illinois University-Carbondale graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Southern Illinois University-Carbondale$55,633$58,561+5%
University of Illinois Urbana-Champaign$68,442$81,669+19%
Augustana College$50,210$67,269+34%
Illinois Wesleyan University$48,706$67,148+38%
Illinois State University$50,647$64,538+27%

Compare to Similar Programs in Illinois

Business Administration, Management and Operations bachelors's programs at peer institutions in Illinois (52 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Southern Illinois University-CarbondaleCarbondale$13,244$55,633$58,561$27,5000.49
University of Illinois Urbana-ChampaignChampaign$16,004$68,442$81,669$19,1750.28
University of Illinois ChicagoChicago$14,338$65,781β€”$20,8320.32
Loyola University ChicagoChicago$51,716$64,513$56,763$25,0000.39
Rasmussen University-IllinoisRockford$13,546$59,693$56,566$37,3150.63
DeVry University-IllinoisLisle$17,488$55,102$55,550$46,7970.85
National Medianβ€”$45,703β€”$26,0000.57

Career Paths

Occupations commonly associated with business administration, management and operations graduates

Computer and Information Systems Managers

Plan, direct, or coordinate activities in such fields as electronic data processing, information systems, systems analysis, and computer programming.

$171,200/yrJobs growth:Bachelor's degree

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Compensation and Benefits Managers

Plan, direct, or coordinate compensation and benefits activities of an organization.

$140,360/yrJobs growth:Bachelor's degree

Human Resources Managers

Plan, direct, or coordinate human resources activities and staff of an organization.

$140,030/yrJobs growth:Bachelor's degree

Sales Managers

Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

$138,060/yrJobs growth:Bachelor's degree
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 Southern Illinois University-Carbondale, approximately 37% 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 47 graduates with reported earnings and 46 graduates with debt data. Small samples may not be representative.