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MBA Degree in Joliet, IL — Salary & ROI 2026

MBA degree analysis for Joliet, 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 Joliet

Cost of Living

108

index (100 = avg)

MBA in Joliet, IL Overview

Joliet, Illinois (pop. 150,362) has 12 colleges offering MBA programs. The local cost of living index of 108 is near the national average, with average rent near campus at $880/month. MBA enrollment is stable nationwide, with steady demand for graduates skilled in . The adjusted starting salary in Joliet is approximately $0.

Category

Business

Local Colleges

12

Public Tuition

$8,958/yr

Private Tuition

$36,980/yr

Room & Board

$13,014/yr

Avg Fin. Aid

$7,482/yr

Unemployment

4.2%

Graduation Rate

70%

MBA Salary in Joliet (COL-Adjusted)

Salaries adjusted for Joliet's cost of living index of 108 (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 MBA salary: $0 starting, $0 mid-career, $0 senior level.Joliet adjustment factor: 1.08x based on the local cost of living index.

MBA ROI Calculator for Joliet

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

Public avg: $8,958 | Private avg: $36,980

Joliet avg aid: $7,482/yr

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

Total Education Cost

$87,888

tuition + room & board - aid

Annual Earnings Premium

$-37,800

vs HS diploma in Joliet

ROI Payback Period

N/A

to break even

Lifetime Return in Joliet

$-87,888

Lifetime earnings premium ($0) minus total education cost ($87,888)

Student Loan Payoff for MBA in Joliet

Standard Plan (10 years)

Loan Amount$87,888
Monthly Payment$998
Total Interest$31,866
% of Monthly IncomeInfinity%

Aggressive Plan (5 years)

Loan Amount$87,888
Monthly Payment$1,720
Total Interest$15,290
Interest Savings$16,576

Colleges in Joliet for MBA

University of St. Francis

private

$36,980/yr

$147,920 total

Community Colleges (2-Year Transfer)

Joliet Junior College

$4,980/yr

Top Employers for MBA in Joliet

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

Key Joliet Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common MBA Job Titles

MBA Degree in Joliet — 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 MBA ROI in other cities, or explore other majors in Joliet.

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