CIP 5117 · First Professional Degree · Illinois College of Optometry

Optometry at Illinois College of Optometry

Federal outcomes for first professional degree graduates of Illinois College of Optometry. 126 completers in the most recent 4-year window (141 in the latest year alone). Median earnings 5 years after completion: $118,651.

MEDIAN EARNINGS · 5Y
$118,651
Statewide peers reporting · 0
MEDIAN EARNINGS · 4Y
$103,689
Treasury · 4y post-completion
MEDIAN FEDERAL DEBT
$240,830
At program completion
COMPLETERS · 4Y WINDOW
126
141 most recent year
DEBT-TO-EARNINGS

What this program's debt costs its graduates

Annual debt service as a share of median 5-year-post-completion earnings, computed under federal Direct loan terms (10-year fixed at 6%). The 8% line is the gainful-employment threshold from federal regulation.

This program at Illinois College of Optometry

27.0%
0%8% · GE20%+

Median federal debt $240,830 amortized over 10 years vs. median 5-year earnings $118,651.

SECTION 02 · PROGRAM HISTORY

How this program has shifted

Federal Field-of-Study history covers 2014–15 onward. Vintage-by-vintage values for earnings, debt, and completers.

DEBT · 20142018$240,830
$240,830$196,77720142018
Median federal debt at program exit.FoS
COMPLETERS · 20142019126
16412620142019
Annual completers (IPEDS C).IPEDS
DEBT_MEDIAN · 20142018+22%

Optometry at Illinois College of Optometry · debt_median rose

196,777 → 240,830

FINANCIAL OUTCOME · ILLUSTRATION

Estimate the financial outcome of this program

Cost from Scorecard net price by family income; earnings from Treasury 5-year-post-completion median, projected forward with a Mincer age-earnings curve. Selection-bias toggle applies the Dale-Krueger shrinkage. This is an outcomes illustration, not a forecast — see methodology.

Shrinks the earnings premium toward the matched-applicant mean. STEM <15%, business ~40%, arts & education ~60%.

EARNINGS SUPPRESSED

Federal privacy rules suppressed earnings for Optometry · First Professional Degree at Illinois College of Optometry(cohort below 30 students). The calculator can’t produce a number we’d stand behind, so we don’t.

Outcomes illustration · not a forecast. Projects observed Scorecard earnings forward with a Mincer age-earnings curve under your assumptions. See methodology for the math.

SUPPRESSION & SELECTION

What this page tells you, and what it doesn't

Earnings are median annual earnings of federally aided students who completed this program at this institution, drawn from federal tax records. They describe cohorts. They do not predict your earnings, and they do not claim that this program caused those outcomes — selection effects (who enrolls, who finishes, what fields they enter) dominate cross-program differences. Em-dashes mean the federal data was suppressed because the cohort was below the 30-student floor.

Methodology →