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

Analysis

A debt-to-earnings ratio of 0.39 suggests manageable financial positioning for this business economics program, though the numbers themselves remain uncertain. Based on similar programs across Illinois, graduates typically earn around $54,500 in their first year—right at the state median and slightly above the national benchmark of $53,200. The estimated $21,125 in debt sits comfortably below both state and national averages, meaning students could feasibly pay off loans within five years with reasonable budgeting.

The challenge is that Western Illinois's actual outcomes remain unknown due to small sample sizes. Peer programs in Illinois show considerable variation, from $53,200 at Southern Illinois-Edwardsville to $61,300 at Loyola Chicago. Where Western Illinois falls within this range matters significantly—a $8,000 difference in starting salary represents months of additional loan payments or delayed financial milestones. The school's 75% admission rate and moderate Pell enrollment suggest an accessible institution, but accessibility doesn't guarantee competitive graduate outcomes.

The estimated figures point toward reasonable value if they prove accurate, but parents should recognize they're betting on projections rather than track record. Contact the business department directly for graduate employment data, starting salaries from recent cohorts, and employer connections. If they can't provide specifics beyond what's already estimated here, that absence of information itself tells you something important about transparency and outcomes tracking.

Where Western Illinois University 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
Western Illinois UniversityMacomb$14,952$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 Western Illinois University, approximately 28% 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.