You would borrow a median $24,157 — about $275 a month for ten years. Graduates earn a median $71,530 ten years after starting, so the debt clears in roughly 0.8 years of the salary premium.
Yes — you clear the borrowing faster than at most US universities.
Under roughly 15% of gross pay, repayment is generally considered manageable alongside rent and living costs.
Every dollar you win is a dollar you never repay — and it moves the 0.8-year payback above. We list 5 scholarships tied to Loyola University Chicago.
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The typical graded university clears its debt in 1.3 years on median earnings of $57,146 against $22,500 of debt. Loyola University Chicago clears its debt faster than that, and its graduates earn $32,010 a year more than a US worker with only a high-school diploma.
| Nearby university | Grade | Debt | Earnings | Payback |
|---|---|---|---|---|
| DePaul University Illinois | B | $23,168 | $68,751 | 0.8 yrs |
| Lewis University Illinois | B | $21,500 | $66,099 | 0.8 yrs |
| Illinois Wesleyan University Illinois | B | $27,000 | $70,871 | 0.9 yrs |
| Illinois State University Illinois | B | $20,482 | $62,117 | 0.9 yrs |
| Illinois Institute of Technology Illinois | A | $25,000 | $82,592 | 0.6 yrs |
Source: US Department of Education College Scorecard — earnings and debt cover students who received federal financial aid and blend every subject taught at the institution. Figures imported 28 Aug 2026. This page is information, not financial advice.