Median Earnings (1yr)
$58,921
75th percentile (80th in IL)
Median Debt
$21,228
7% below national median
Debt-to-Earnings
0.36
Manageable
Sample Size
326
Adequate data

Analysis

Economics at the University of Illinois Urbana-Champaign delivers strong returns that outpace most alternatives in the state. With first-year earnings of $58,921 growing to $75,600 by year four, this program ranks in the 80th percentile among Illinois economics programs—significantly above the state median of $47,048. The 28% earnings growth trajectory suggests graduates build valuable skills that translate into meaningful career advancement.

The debt picture looks manageable at $21,228, which is actually below both the national median ($22,816) and well under the Illinois median ($25,000) for economics programs. The debt-to-earnings ratio of 0.36 means most graduates can realistically pay off their loans within a few years while maintaining a comfortable lifestyle. While elite private schools like University of Chicago and Northwestern show higher earnings, they typically come with substantially higher debt loads that can offset their earnings advantage for middle-class families.

This program offers excellent value for students who can handle the academics at a respected public research university. The combination of above-average earnings, reasonable debt, and strong growth potential makes this a solid investment, especially for Illinois residents paying in-state tuition.

Where University of Illinois Urbana-Champaign Stands

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

University of Illinois Urbana-ChampaignOther economics programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How University of Illinois Urbana-Champaign graduates compare to all programs nationally

University of Illinois Urbana-Champaign graduates earn $59k, placing them in the 75th percentile of all economics bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Illinois

Economics bachelors's programs at peer institutions in Illinois (35 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Illinois Urbana-Champaign$58,921$75,600$21,2280.36
University of Chicago$92,075$127,832$13,1970.14
Northwestern University$84,932$105,795$16,2270.19
Wheaton College$62,889$60,894$21,0000.33
Olivet Nazarene University$54,169—$27,0000.50
Lake Forest College$53,529$62,870$27,0000.50
National Median$51,722—$22,8160.44

Other Economics Programs in Illinois

Compare tuition, earnings, and debt across Illinois schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Chicago
Chicago
$66,939$92,075$13,197
Northwestern University
Evanston
$65,997$84,932$16,227
Wheaton College
Wheaton
$43,930$62,889$21,000
Olivet Nazarene University
Bourbonnais
$37,940$54,169$27,000
Lake Forest College
Lake Forest
$54,202$53,529$27,000

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 University of Illinois Urbana-Champaign, approximately 24% 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 326 graduates with reported earnings and 346 graduates with debt data. Small samples may not be representative.