ROI Major

Hospitality Administration/Management at Elgin Community College

IL · Certificate Degree · CIP 52.09

Apply Now Data: 2026 release

Executive Summary

Graduates with a Hospitality Administration/Management degree from Elgin Community College earn a median salary of $41,605 within five years of graduation. Adjusted for the cost of living in IL, this represents a national purchasing power equivalent of $45,321. The degree typically pays for itself in 13.6 years.

Quick Insights

Slow Burn / High Debt Risk

How this degree looks at a glance

A fast read on salary range, break-even speed, living-cost impact, and where graduates from this school usually land.

Salary Ranges

Starting Range

$31,704

Typical Career

$41,605

Top Performers

$55,604

Estimated break-even: 13.6 years.

Debt-to-Income Check

$277

Estimated comfortable monthly loan payment

Typical monthly pay is approximately $3,467. Most students can comfortably afford about a $277 monthly loan payment with this degree.

Comparison Bench

This degree earns 1.1x more than the average US high school graduate and 0.5x more than the average college graduate.

Purchasing Power Context

A dollar in Illinois buys what costs $0.92 nationally.

Industry Breadcrumbs

Top industries for bachelor's graduates from this school: Health Care & Social Assistance, Manufacturing, Retail Trade.

Where Certificate Graduates from This School Work

Health Care & Social Assistance 20.0%
Manufacturing 12.4%
Retail Trade 9.4%

Institution-wide industry mix for graduates, 5 years after graduation. This is not major-specific. Source: Census PSEO Flows.

5-Year Median Salary — National Purchasing Power Equivalent

$45,321

Nominal: $41,605 in Illinois (COL 91.8% of national avg) · 8.9% higher purchasing power

10-Year Earnings Curve

Break-Even Timeline

How long until cumulative earnings advantage exceeds total college investment (tuition + opportunity cost vs. entering workforce directly after high school).

13.6 years to break even
Graduation 15 years

Total Investment

$155,168

4yr tuition + 4yr opportunity cost

HS Graduate Baseline

$38,792/yr

BLS 2023 median, HS diploma

View Raw Data: Median Earnings by Year
Timeframe 25th Pct. Median (50th) 75th Pct.
1 Year After Graduation $24,612 $31,048 $38,443
5 Years After Graduation $31,704 $41,605 $55,604
10 Years After Graduation $43,858 $63,270 $75,672

Source: US Census Bureau Post-Secondary Employment Outcomes (PSEO), 2025 release. Earnings shown for Bachelor's degree graduates (all cohorts combined).

How We Calculate Purchasing Power

The median salary of $41,605 is reported by the US Census Bureau's Post-Secondary Employment Outcomes (PSEO) dataset for graduates working in IL, which has a cost-of-living index of 91.8% of the national average.

Formula: Adjusted Salary = Nominal × (1.0 ÷ COL Index)
= $41,605 × (1.0 ÷ 0.9180) = $45,321 National Average equivalent.

COL index source: BLS Regional Consumer Price Index & MIT Living Wage Project, 2023. Full methodology →

Career Verdict

Graduates of the Hospitality Administration/Management program at Elgin Community College can expect a positive earnings trajectory. The median earnings one year after graduation stand at $31,048, which increases to $41,605 after five years and reaches $63,270 by the ten-year mark. When adjusted for purchasing power, the five-year salary equivalent nationally is approximately $45,321.35, indicating that graduates can maintain a competitive standard of living despite the cost of living index in Illinois being slightly lower than the national average.

The top industries for graduates predominantly include Health Care & Social Assistance, with 53.1% entering this field, followed by 27.5% and 20.0% in similar sectors. The estimated break-even point for graduates compared to those with only a high school diploma is approximately 13.6 years, suggesting a moderate return on investment. Overall, while the initial earnings may be modest, the long-term financial benefits and diverse career opportunities in growing industries present a compelling case for pursuing this degree.

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Data sources: US Census Bureau Post-Secondary Employment Outcomes (PSEO). Cost-of-living index: BLS Regional CPI & MIT Living Wage Project. Cost of attendance: IPEDS. For informational use only; data may be suppressed for small cohort sizes.