Analysis
For a bachelor's in Finance at Alma College, similar programs across Michigan suggest a debt-to-earnings ratio that works in most graduates' favor. Based on comparable programs in the state, first-year earnings around $57,000 against borrowing of roughly $26,000 creates a manageable 0.46 ratio—meaning debt sits at less than half of that initial paycheck. That's substantially better than many college investments, particularly when you consider that finance careers typically build momentum over time rather than plateauing early.
The challenge here is visibility. With no reported outcomes specific to Alma's program, you're relying on state averages that mask significant variation. Top finance programs in Michigan like MSU and Oakland see graduates earning $68,000 and $62,000 respectively in year one—meaningful gaps that compound over a career. Alma's 66% admission rate and relatively low Pell enrollment suggest it draws from a different student population than these larger competitors, which may influence both the network effects and employer recruitment patterns your child would experience.
The financial math looks sound based on peer programs, but the absence of Alma-specific data means you can't verify whether this particular program delivers on that promise. Before committing, your child should connect with recent Alma finance graduates directly—LinkedIn makes this straightforward—to understand where they actually landed and what recruiting looked like on campus.
Where Alma College Stands
Earnings vs. debt across all finance and financial management services bachelors's programs nationally
Compare to Similar Programs in Michigan
Finance and Financial Management Services bachelors's programs at peer institutions in Michigan (30 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $47,430 | $56,804* | — | $25,990* | — | |
| $15,988 | $68,103* | $79,866 | $23,250* | 0.34 | |
| $14,694 | $61,804* | $78,839 | $23,944* | 0.39 | |
| $14,190 | $60,023* | $65,653 | $26,672* | 0.44 | |
| $55,746 | $59,926* | — | $24,979* | 0.42 | |
| — | $58,735* | $60,192 | $14,012* | 0.24 | |
| National Median | — | $53,590* | — | $23,332* | 0.44 |
Career Paths
Occupations commonly associated with finance and financial management services graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Personal Financial Advisors
Financial and Investment Analysts
Financial Risk Specialists
Budget Analysts
Business Teachers, Postsecondary
Insurance Underwriters
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Alma College, approximately 21% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 17 similar programs in MI. Actual outcomes may vary.