Median Earnings (1yr)
$55,300
57th percentile
60th percentile in Illinois
Median Debt
$24,000
8% above national median

Analysis

Wheaton College graduates with this degree earn slightly above both national and state medians, landing in the 60th percentile among Illinois programs—a solid if unspectacular position. With first-year earnings of $55,300 climbing to $67,358 by year four, graduates show healthy income progression, though they still trail Loyola's stronger outcomes by about $6,000 initially.

The financial structure here is straightforward and favorable. At $24,000 in median debt—just above typical levels but translating to a manageable 0.43 debt-to-earnings ratio—graduates face reasonable loan burdens. That 22% earnings growth over four years suggests decent career momentum, moving graduates from middle-class to solidly middle-class incomes relatively quickly.

The value equation depends on what you're paying. While Wheaton's 90% admission rate might suggest accessibility, if you're paying premium tuition for outcomes that place in the middle of the Illinois pack, scrutinize the net price carefully. This program works best for families getting meaningful financial aid or who value Wheaton's distinctive campus culture beyond pure earnings. Full-pay families should compare total cost against DePaul or other options where similar outcomes might come cheaper.

Where Wheaton College Stands

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

Earnings Distribution

How Wheaton College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Wheaton College$55,300$67,358+22%
Villanova University$82,212$122,309+49%
DePaul University$53,682$81,167+51%
Loyola University Chicago$61,333$81,155+32%
Southern Illinois University Edwardsville$53,219$70,999+33%

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 DebtDebt/Earnings
Wheaton CollegeWheaton$43,930$55,300$67,358$24,0000.43
Loyola University ChicagoChicago$51,716$61,333$81,155$21,5740.35
DePaul UniversityChicago$44,460$53,682$81,167$21,6660.40
Southern Illinois University EdwardsvilleEdwardsville$12,922$53,219$70,999$19,5140.37
National Median$53,219$22,2500.42

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 Wheaton College, approximately 20% 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 77 graduates with reported earnings and 81 graduates with debt data. Small samples may not be representative.