DegreeCalc

Entrepreneurship Degree in Waukegan, IL — Salary & ROI 2026

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

Starting Salary

$45K

COL-adjusted

Mid-Career

$77K

COL-adjusted

ROI Payback

8.6 yrs

in Waukegan

Cost of Living

90.3

index (100 = avg)

Entrepreneurship in Waukegan, IL Overview

While Waukegan has a smaller college scene with 4 institutions, Entrepreneurship students benefit from the close-knit academic community. Room and board averages $13,641/year, and the car-friendly layout shapes the student experience. Entrepreneurship has seen growing enrollment nationally, reflecting rising employer demand for Business Planning and Fundraising skills. The adjusted starting salary in Waukegan is approximately $45,150, growing to $76,755 by mid-career.

Category

Business

Local Colleges

4

Public Tuition

$15,400/yr

Private Tuition

$38,000/yr

Room & Board

$13,641/yr

Avg Fin. Aid

$13,734/yr

Unemployment

5.1%

Graduation Rate

74%

Entrepreneurship Salary in Waukegan (COL-Adjusted)

Salaries adjusted for Waukegan's cost of living index of 90.3 (national average = 100).

Entry Level (0-2 yrs)
$45,150($-4,850 vs national)
Mid Career (5-9 yrs)
$76,755($-8,245 vs national)
Senior Level (15+ yrs)
$108,360($-11,640 vs national)

Note: National average Entrepreneurship salary: $50,000 starting, $85,000 mid-career, $120,000 senior level.Waukegan adjustment factor: 0.90x based on the local cost of living index.

Entrepreneurship ROI Calculator for Waukegan

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

Public avg: $15,400 | Private avg: $38,000

Waukegan avg aid: $13,734/yr

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

Total Education Cost

$116,164

tuition + room & board - aid

Annual Earnings Premium

$13,545

vs HS diploma in Waukegan

ROI Payback Period

8.6 years

to break even

Lifetime Return in Waukegan

$380,486

Lifetime earnings premium ($496,650) minus total education cost ($116,164)

Student Loan Payoff for Entrepreneurship in Waukegan

Standard Plan (10 years)

Loan Amount$116,164
Monthly Payment$1,319
Total Interest$42,118
% of Monthly Income35%

Aggressive Plan (5 years)

Loan Amount$116,164
Monthly Payment$2,273
Total Interest$20,209
Interest Savings$21,909

Colleges in Waukegan for Entrepreneurship

Waukegan State University

public

$15,619/yr

$62,476 total

Community Colleges (2-Year Transfer)

Waukegan Community College

$4,848/yr

Top Employers for Entrepreneurship in Waukegan

Waukegan offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Entrepreneurship graduates. National top employers in this field include:

Self-EmployedStartupsVC FirmsIncubatorsConsulting

Key Waukegan Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Entrepreneurship Job Titles

Founder/CEOBusiness Development ManagerVenture Analyst

Entrepreneurship Degree in Waukegan — 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 Entrepreneurship ROI in other cities, or explore other majors in Waukegan.

Frequently Asked Questions

Related Calculators