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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $43,930 | $55,300 | $67,358 | $24,000 | 0.43 | |
| $51,716 | $61,333 | $81,155 | $21,574 | 0.35 | |
| $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 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.