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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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $13,244 | $54,491* | — | $21,125* | — | |
| $51,716 | $61,333* | $81,155 | $21,574* | 0.35 | |
| $43,930 | $55,300* | $67,358 | $24,000* | 0.43 | |
| $44,460 | $53,682* | $81,167 | $21,666* | 0.40 | |
| $12,922 | $53,219* | $70,999 | $19,514* | 0.37 | |
| National Median | — | $53,219* | — | $22,250* | 0.42 |
Career Paths
Occupations commonly associated with business/managerial economics graduates
Economists
Environmental Economists
Financial Risk Specialists
Management Analysts
Economics Teachers, Postsecondary
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 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.