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7.2%Acceptance
$65,997Tuition
8,960Students
96%Grad Rate (6-yr)
$89,363Earnings
#3 in IllinoisPrivate nonprofit4-yearSAT/ACT Test OptionalResearch UniversityNCAA Division IStudy AbroadData: 2023-24

Student Outcomes

Graduation Rate (4-year)
96.2%
Graduation Rate (6-year)
95.9%
Retention Rate
97.4%
Median Earnings (10 years after entry)
$89,363
Median Debt at Graduation
$15,000
Student-to-Faculty Ratio
6:1
Loan Repayment Rate
87.0%
Estimated Monthly Loan Payment
$159/mo

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program
Program Level Median Earnings Median Debt
Business Administration, Management and Operations. Master $189,565 $172,164
Business/Commerce, General. Doctoral $188,472
Medical Clinical Sciences/Graduate Medical Studies. Master $188,472 $81,076
Health and Medical Administrative Services. Master $182,280
Law. Doctoral $170,971 $154,286
Business/Commerce, General. Master $163,561 $76,735
Engineering-Related Fields. Master $157,779
Engineering, Other. Master $141,586 $64,256
Medical Illustration and Informatics. Master $118,465 $45,980
Community Organization and Advocacy. Master $113,668 $69,011
Management Sciences and Quantitative Methods. Master $111,323 $42,454
Allied Health Diagnostic, Intervention, and Treatment Professions. Master $106,838 $148,699
Information Science/Studies. Master $104,597 $39,844
Computer Science. Bachelor $98,403 $14,646
Legal Research and Advanced Professional Studies. Doctoral $97,071 $75,943

Outcomes Overview

Northwestern graduates enter the workforce with strong earning potential, making $73,331 in their first year and climbing to $89,363 within a decade. The typical graduate carries just $15,000 in debt with monthly payments of $159, representing roughly 2.6% of their early-career income. This debt-to-earnings ratio of 0.17 is strongly low compared to the national average of 0.3 for private universities. Northwestern's extensive alumni network in consulting, media, and finance helps explain the 95.7% employment rate. The school's reputation opens doors at top companies, particularly in Chicago's business district. With minimal debt relative to strong earnings across multiple career paths, Northwestern delivers a strong return on investment.