Est. Earnings (1yr)
$54,491
Est. from IL median (4 programs)
Est. Median Debt
$21,125
Est. from national median (58 programs)

Analysis

Based on comparable business economics programs in Illinois, SIU-Carbondale appears positioned right at the state median, with estimated first-year earnings around $54,500 and debt near $21,000. That 0.39 debt-to-earnings ratio suggests graduates would owe roughly five months of their first year's salary—a manageable starting point that aligns with what similar programs deliver statewide. The estimated debt figure actually falls slightly below both state and national medians for this major, which is a positive signal given the university's 90% admission rate and significant Pell-eligible population.

The challenge here is that peer programs in Illinois range considerably, with Loyola graduates earning nearly $7,000 more in their first year. However, those programs likely come with higher sticker prices and different competitive dynamics. What matters more for families evaluating SIU-Carbondale is whether the estimated outcomes justify the investment for *this* specific student, and the numbers suggest a reasonable foundation—graduates would be earning close to what business economics majors typically make nationally while carrying debt levels that shouldn't be crushing.

The key limitation: without actual reported data for SIU-Carbondale's program, you're relying on what similar Illinois programs produce. If your child is deciding between schools with known outcomes versus this estimate-based picture, prioritize programs where you can see verified graduate results. If SIU-Carbondale offers other advantages—location, fit, or cost savings—the projected economics don't raise red flags, but they don't particularly stand out either.

Where Southern Illinois University-Carbondale Stands

Earnings vs. debt across all business/managerial economics bachelors's programs nationally

Compare to Similar Programs in Illinois

Business/Managerial Economics bachelors's programs at peer institutions in Illinois (9 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Southern Illinois University-CarbondaleCarbondale$13,244$54,491*—$21,125*—
Loyola University ChicagoChicago$51,716$61,333*$81,155$21,574*0.35
Wheaton CollegeWheaton$43,930$55,300*$67,358$24,000*0.43
DePaul UniversityChicago$44,460$53,682*$81,167$21,666*0.40
Southern Illinois University EdwardsvilleEdwardsville$12,922$53,219*$70,999$19,514*0.37
National Median—$53,219*—$22,250*0.42
* Estimated from similar programs

Career Paths

Occupations commonly associated with business/managerial economics graduates

Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

$115,440/yrJobs growth:Master's degree

Environmental Economists

Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.

$115,440/yrJobs growth:Master's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Management Analysts

Conduct organizational studies and evaluations, design systems and procedures, conduct work simplification and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Includes program analysts and management consultants.

$101,190/yrJobs growth:Bachelor's degree

Economics Teachers, Postsecondary

Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Survey Researchers

Plan, develop, or conduct surveys. May analyze and interpret the meaning of survey data, determine survey objectives, or suggest or test question wording. Includes social scientists who primarily design questionnaires or supervise survey teams.

$63,380/yrJobs growth:Master'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.

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 4 similar programs in IL. Actual outcomes may vary.