Median Earnings (1yr)
$66,360
95th percentile (60th in CA)
Median Debt
$36,551
64% above national median
Debt-to-Earnings
0.55
Manageable
Sample Size
24
Limited data

Analysis

Ashford's Business/Managerial Economics program reports striking numbers—graduates earning $66,360 within a year, placing them in the 95th percentile nationally. But there's a catch: with fewer than 30 graduates in this data, we're looking at a very limited sample that may not represent the typical student experience. The program's debt load of $36,551 is notably higher than California's $18,000 median for this major, though the debt-to-earnings ratio of 0.55 remains manageable given the strong initial salaries.

What's puzzling is the state context. Despite ranking in the top 5% nationally, these graduates land only in the 60th percentile among California programs—meaning this is solid performance for the state, but nothing exceptional. UC Davis and UCLA graduates are earning significantly more, suggesting that Ashford's high national ranking reflects how competitive California's business economics programs are rather than Ashford's unique strength.

The small sample size is the elephant in the room here. With so few graduates, one or two high earners could skew the entire picture. Before betting $36,551 in debt on these outcomes, ask admissions for more detailed data: How many years does this sample cover? What industries do graduates enter? The reported earnings are encouraging, but you need confidence that they reflect a consistent pattern rather than a statistical fluke.

Where Ashford University Stands

Earnings vs. debt across all business/managerial economics bachelors's programs nationally

Ashford UniversityOther business/managerial economics programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Ashford University graduates compare to all programs nationally

Ashford University graduates earn $66k, placing them in the 95th percentile of all business/managerial economics bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in California

Business/Managerial Economics bachelors's programs at peer institutions in California (18 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Ashford University$66,360$70,643$36,5510.55
University of California-Los Angeles$83,604$92,873$17,3320.21
University of California-Davis$54,546$78,081$13,0000.24
Westmont College$54,457$78,938$25,0000.46
Chapman University$54,064$75,777$22,9770.42
University of California-Santa Cruz$52,029$78,567$16,5000.32
National Median$53,219—$22,2500.42

Other Business/Managerial Economics Programs in California

Compare tuition, earnings, and debt across California schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of California-Los Angeles
Los Angeles
$13,747$83,604$17,332
University of California-Davis
Davis
$15,247$54,546$13,000
Westmont College
Santa Barbara
$51,790$54,457$25,000
Chapman University
Orange
$62,784$54,064$22,977
University of California-Santa Cruz
Santa Cruz
$14,560$52,029$16,500

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 Ashford University, approximately 31% 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.

Sample Size: Based on 24 graduates with reported earnings and 29 graduates with debt data. Small samples may not be representative.