DegreeCalc

Education Degree in Elgin, IL — Salary & ROI 2026

Education degree analysis for Elgin, IL. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$0

COL-adjusted

Mid-Career

$0

COL-adjusted

ROI Payback

N/A

in Elgin

Cost of Living

79

index (100 = avg)

Education in Elgin, IL Overview

Elgin, Illinois (pop. 114,797) has 13 colleges offering Education programs. The local cost of living index of 79 keeps student expenses low, with average rent near campus at $1,008/month. Education enrollment is stable nationwide, with steady demand for graduates skilled in . The adjusted starting salary in Elgin is approximately $0.

Category

Education

Local Colleges

13

Public Tuition

$10,014/yr

Private Tuition

$30,900/yr

Room & Board

$9,983/yr

Avg Fin. Aid

$15,897/yr

Unemployment

4.7%

Graduation Rate

47%

Education Salary in Elgin (COL-Adjusted)

Salaries adjusted for Elgin's cost of living index of 79 (national average = 100).

Entry Level (0-2 yrs)
$0(+$0 vs national)
Mid Career (5-9 yrs)
$0(+$0 vs national)
Senior Level (15+ yrs)
$0(+$0 vs national)

Note: National average Education salary: $0 starting, $0 mid-career, $0 senior level.Elgin adjustment factor: 0.79x based on the local cost of living index.

Education ROI Calculator for Elgin

Estimate your return on investment for a Education degree using local Elgin tuition and cost of living data.

Public avg: $10,014 | Private avg: $30,900

Elgin avg aid: $15,897/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$79,988

tuition + room & board - aid

Annual Earnings Premium

$-27,650

vs HS diploma in Elgin

ROI Payback Period

N/A

to break even

Lifetime Return in Elgin

$-79,988

Lifetime earnings premium ($0) minus total education cost ($79,988)

Student Loan Payoff for Education in Elgin

Standard Plan (10 years)

Loan Amount$79,988
Monthly Payment$908
Total Interest$29,002
% of Monthly IncomeInfinity%

Aggressive Plan (5 years)

Loan Amount$79,988
Monthly Payment$1,565
Total Interest$13,915
Interest Savings$15,086

Colleges in Elgin for Education

Judson University

private

$30,900/yr

$123,600 total

Community Colleges (2-Year Transfer)

Elgin Community College

$4,980/yr

Top Employers for Education in Elgin

Elgin offers opportunities in School districts, Universities, EdTech companies for Education graduates. National top employers in this field include:

Key Elgin Hiring Sectors for Education

School districts

Universities

EdTech companies

Non-profits

Training organizations

Common Education Job Titles

Education Degree in Elgin — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Education ROI in other cities, or explore other majors in Elgin.

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