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Higher Education Administration Degree in Waukegan, IL — Salary & ROI 2026

Higher Education Administration 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

$56K

COL-adjusted

ROI Payback

8.6 yrs

in Waukegan

Cost of Living

90.3

index (100 = avg)

Higher Education Administration in Waukegan, IL Overview

While Waukegan has a smaller college scene with 4 institutions, Higher Education Administration students benefit from the close-knit academic community. Room and board averages $13,641/year, and the car-friendly layout shapes the student experience. Higher Education Administration enrollment is stable nationwide, with steady demand for graduates skilled in Student Affairs and Program Development. The adjusted starting salary in Waukegan is approximately $45,150.

Category

Education

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%

Higher Education Administration 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)
$55,986($-6,014 vs national)
Senior Level (15+ yrs)
$72,240($-7,760 vs national)

Note: National average Higher Education Administration salary: $50,000 starting, $62,000 mid-career, $80,000 senior level.Waukegan adjustment factor: 0.90x based on the local cost of living index.

Higher Education Administration ROI Calculator for Waukegan

Estimate your return on investment for a Higher Education Administration 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

$199,886

Lifetime earnings premium ($316,050) minus total education cost ($116,164)

Student Loan Payoff for Higher Education Administration 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 Higher Education Administration

Waukegan State University

public

$15,619/yr

$62,476 total

Community Colleges (2-Year Transfer)

Waukegan Community College

$4,848/yr

Top Employers for Higher Education Administration in Waukegan

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

UniversitiesCommunity CollegesStudent AffairsAdmissions OfficesEducation Non-Profits

Key Waukegan Hiring Sectors for Education

School districts

Universities

EdTech companies

Non-profits

Training organizations

Common Higher Education Administration Job Titles

Admissions CounselorStudent Affairs DirectorAcademic Advisor

Higher Education Administration 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.

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