ROI Major

Journalism at Loyola University Chicago

IL · Bachelor's Degree · CIP 09.04

Apply Now Data: 2026 release

Executive Summary

Graduates with a Journalism degree from Loyola University Chicago earn a median salary of $57,220 within five years of graduation. Adjusted for the cost of living in IL, this represents a national purchasing power equivalent of $62,331. The degree typically pays for itself in 8.7 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 bachelor's graduates from this school usually land.

Salary Ranges

Starting Range

$43,722

Typical Career

$57,220

Top Performers

$74,924

Estimated break-even: 8.7 years.

Debt-to-Income Check

$381

Estimated comfortable monthly loan payment

Typical monthly pay is approximately $4,768. Most students can comfortably afford about a $381 monthly loan payment with this degree.

Comparison Bench

This degree earns 1.5x more than the average US high school graduate and 0.7x 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, Professional, Scientific & Technical Services, Educational Services.

Where Bachelor's Graduates from This School Work

Health Care & Social Assistance 23.0%
Professional, Scientific & Technical Services 18.8%
Educational Services 13.6%

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

5-Year Median Salary — National Purchasing Power Equivalent

$62,331

Nominal: $57,220 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).

8.7 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 $28,874 $38,573 $48,381
5 Years After Graduation $43,722 $57,220 $74,924
10 Years After Graduation $57,496 $81,671 $110,004

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 $57,220 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)
= $57,220 × (1.0 ÷ 0.9180) = $62,331 National Average equivalent.

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

Career Verdict

Graduates from the Journalism program at Loyola University Chicago can expect a positive earnings trajectory over time. The median earnings one year after graduation stand at $38,573, which increases to $57,220 after five years and reaches $81,671 after ten years. When adjusted for purchasing power, the five-year salary equates to approximately $62,331.15 nationally, indicating that while initial earnings may be modest, the long-term financial outlook is promising, especially considering the lower cost of living in Illinois (COL index: 0.918).

The top industries that Loyola Journalism graduates enter include Health Care & Social Assistance (23.0%), Professional, Scientific & Technical Services (18.8%), and Educational Services (13.6%). This diverse range of sectors suggests that graduates have multiple pathways to employment, enhancing their career prospects. The estimated break-even point compared to a high-school-only path is approximately 8.7 years, indicating that the investment in a journalism degree can yield a favorable return on investment over time, particularly as graduates advance in their careers.

AI-assisted editorial analysis based on Census PSEO data. Fact-checked against source data.

Compare with Another School

See how the Journalism degree at Loyola University Chicago stacks up against another institution side-by-side.

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.

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