Illinois State University Insurance: earnings, debt & careers

Insurance graduates of Illinois State University earn a median $94,124 four years after graduating ($51,499 after one year), with median federal loan debt of $19,500. That is $4,781 above the U.S. median for Insurance graduates ($89,343 across 21 colleges), and ranks 1st of 1 Illinois colleges.

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Earnings, 4 years after graduating
$94,124

U.S. median for this major: $89,343.

College Scorecard field of study; 33 graduates with earnings reported. A small group, so treat this figure with caution

Earnings, 1 year after
$51,499

Median for graduates who received federal aid.

College Scorecard field of study

Median debt at graduation
$19,500

About 21% of median earnings 4 years out. U.S. median $22,957.

College Scorecard field of study (federal loans)

What your family pays
$19,398 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $34,309. College Scorecard.

Illinois State University Insurance: pay against the field, and payback

Same major, other colleges

Illinois State University graduates$94,124

Fewer than 3 Illinois colleges report earnings for this major, so there is no state median.

U.S. median (21 colleges)$89,343 (+$4,781)

Median earnings 4 years after graduating; state and U.S. figures are the median of each covered college's graduates in this major. College Scorecard; calculated by EducationGuide.

Insurance nationally: jobs, pay at ages 25-34, every state →

Cost to finish and years to pay back, by income

Uses Illinois State University's school-wide net price (no college reports it by major) and this major's graduate earnings.

Family incomeNet price / yrCost to finishYears to pay back
$0–30k$11,568$49,280under 1 year
$30–48k$12,301$52,402under 1 year
$48–75k$16,348$69,6421.2 years
$75–110k$23,865$101,6651.7 years
$110k+$28,224$120,2342.1 years

Cost to finish = yearly price × 4.3 years, the average time graduates took (51% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of Insurance graduates 4 years after graduating ($94,124) minus $35,797 for high school graduates ages 25-34 in IL (Census ACS 2020-2024), a gain of $58,327 a year. Before taxes, loan interest and earnings given up while in school. Method

College Scorecard; IPEDS Graduation Rates; U.S. Census Bureau ACS. Calculated by EducationGuide.

Careers for Insurance graduates

Insurance underwriter

Bloomington area$77,280
Illinois$89,620
U.S.$81,370

Median annual wage, all workers. U.S. jobs -3.8% by 2035. Typical entry: bachelor's degree.

Compensation, Benefits, and Job Analysis Specialists

Bloomington area$71,110
Illinois$79,300
U.S.$78,210

Median annual wage, all workers. U.S. jobs +6.0% by 2035. Typical entry: bachelor's degree.

Compensation and Benefits Managers

Illinois$151,730
U.S.$149,230

Median annual wage, all workers. U.S. jobs +1.1% by 2035. Typical entry: bachelor's degree.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35. Careers from the federal major-to-occupation crosswalk.

What families pay at Illinois State University, by income

School-wide average after grants for students receiving federal aid. Tap your band.

College Scorecard

About Illinois State University

Related majors at Illinois State University

Illinois State University Insurance questions

How much do Illinois State University Insurance graduates earn?

Insurance graduates of Illinois State University earn a median $94,124 four years after graduating and $51,499 one year after. The U.S. median for Insurance graduates across 21 colleges is $89,343.

How much debt do Illinois State University Insurance graduates have?

The median federal loan debt for Insurance graduates of Illinois State University is $19,500, about 21% of their median earnings four years out. Nationally the median is $22,957.

Where does Illinois State University rank for Insurance in Illinois?

Of 1 Illinois colleges reporting Insurance graduate earnings, Illinois State University ranks 1st, the highest.

What jobs do Insurance graduates get?

A common career is insurance underwriter, with a median wage of $77,280 in the Bloomington, IL area and $81,370 nationally. Others include compensation, benefits, and job analysis specialists and compensation and benefits managers.

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Sources: U.S. Department of Education College Scorecard (field of study: median earnings and federal loan debt of graduates who received federal aid); BLS. How we score
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Cite this: “Illinois State University Insurance: earnings, debt and careers,” EducationGuide.com, https://educationguide.com/colleges/illinois-state-university/majors/insurance (College Scorecard and BLS data).