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Philosophy Degree in Waukegan, IL — Salary & ROI 2026

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

Starting Salary

$40K

COL-adjusted

Mid-Career

$63K

COL-adjusted

ROI Payback

14.3 yrs

in Waukegan

Cost of Living

90.3

index (100 = avg)

Philosophy in Waukegan, IL Overview

While Waukegan has a smaller college scene with 4 institutions, Philosophy students benefit from the close-knit academic community. Room and board averages $13,641/year, and the car-friendly layout shapes the student experience. Although national enrollment in Philosophy has been declining, graduates with skills in Logic and Ethics remain competitive in the job market. The adjusted starting salary in Waukegan is approximately $39,732, growing to $63,210 by mid-career.

Category

Humanities

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%

Philosophy 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)
$39,732($-4,268 vs national)
Mid Career (5-9 yrs)
$63,210($-6,790 vs national)
Senior Level (15+ yrs)
$81,270($-8,730 vs national)

Note: National average Philosophy salary: $44,000 starting, $70,000 mid-career, $90,000 senior level.Waukegan adjustment factor: 0.90x based on the local cost of living index.

Philosophy ROI Calculator for Waukegan

Estimate your return on investment for a Philosophy 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

$8,127

vs HS diploma in Waukegan

ROI Payback Period

14.3 years

to break even

Lifetime Return in Waukegan

$154,736

Lifetime earnings premium ($270,900) minus total education cost ($116,164)

Student Loan Payoff for Philosophy in Waukegan

Standard Plan (10 years)

Loan Amount$116,164
Monthly Payment$1,319
Total Interest$42,118
% of Monthly Income40%

Aggressive Plan (5 years)

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

Colleges in Waukegan for Philosophy

Waukegan State University

public

$15,619/yr

$62,476 total

Community Colleges (2-Year Transfer)

Waukegan Community College

$4,848/yr

Top Employers for Philosophy in Waukegan

Waukegan offers opportunities in Publishing, Non-profits, Education for Philosophy graduates. National top employers in this field include:

Law FirmsTech CompaniesNon-ProfitsConsulting FirmsGovernment

Key Waukegan Hiring Sectors for Humanities

Publishing

Non-profits

Education

Media companies

Government

Common Philosophy Job Titles

AttorneyEthics ConsultantPolicy AnalystProfessor

Philosophy 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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Compare Philosophy ROI in other cities, or explore other majors in Waukegan.

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