Analysis
An estimated $11,978 in debt for an agricultural business associate's degree isn't alarming on its face—it's nearly identical to the national median for this credential. The challenge emerges when you look at what peer programs suggest about earnings. At roughly $37,400 in first-year income based on national comparables, this would put graduates in decent position with a manageable debt-to-earnings ratio of 0.32. But here's the complication: the one Illinois program with reported outcomes shows graduates earning just $22,309, which is substantially lower than the national estimate. If Spoon River's outcomes track closer to state norms than national ones, that debt becomes considerably harder to manage.
Agricultural business associate's degrees serve a real function in Illinois' rural economy, but the wide gap between national benchmarks and actual Illinois earnings data should factor heavily into your decision. The work exists—farm operations, agricultural suppliers, and food processors all need business-minded employees—but the compensation appears regionally depressed compared to other states. If your student plans to stay in Illinois agriculture, assume earnings closer to the lower state figure when calculating return on investment. If they're mobile or planning to continue their education, the national picture may be more relevant, though even that modest income would require careful budgeting during loan repayment.
Where Spoon River College Stands
Earnings vs. debt across all agricultural business and management associates's programs nationally
Compare to Similar Programs in Illinois
Agricultural Business and Management associates's programs at peer institutions in Illinois (18 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $5,580 | $37,423* | — | $11,978* | — | |
| $16,699 | $22,309* | — | —* | — | |
| National Median | — | $37,423* | — | $12,000* | 0.32 |
Career Paths
Occupations commonly associated with agricultural business and management graduates
Economists
Environmental Economists
Farmers, Ranchers, and Other Agricultural Managers
Agricultural Sciences Teachers, Postsecondary
Economics Teachers, Postsecondary
Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products
Computer User Support Specialists
Buyers and Purchasing Agents, Farm Products
Farm and Home Management Educators
First-Line Supervisors of Office and Administrative Support Workers
First-Line Supervisors of Farming, Fishing, and Forestry Workers
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 Spoon River College, approximately 30% 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 national median of 16 similar programs. Actual outcomes may vary.