Analysis
Aspen University's online business program posts strong first-year earnings of nearly $55,000βabout $9,000 above the national median and placing graduates in the 82nd percentile nationwide. The debt load of roughly $25,000 keeps the debt-to-earnings ratio at a manageable 0.45, meaning graduates could theoretically pay off their loans in under six months of gross income.
The Arizona comparison tells a more nuanced story. While these earnings beat the state median slightly, they trail traditional powerhouses like Embry-Riddle and Arizona State by $6,000-$12,000. That 60th percentile ranking in-state suggests this program delivers solid but not exceptional outcomes for Arizona residents. For a fully online program, though, competing near the middle of the pack against established brick-and-mortar institutions is respectableβparticularly when you consider flexibility advantages that many working adults need.
The major caveat: fewer than 30 graduates in this cohort means these numbers could swing significantly with different students. If you're considering Aspen, the relatively low Pell grant percentage (13%) might indicate this attracts students with more financial resources to begin with, which could inflate outcomes. For a working adult seeking flexibility, this program appears functional with reasonable debt, but families with traditional students might find better value at ASU or other established Arizona schools.
Where Aspen University Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
Earnings Distribution
How Aspen University graduates compare to all programs nationally
Compare to Similar Programs in Arizona
Business Administration, Management and Operations bachelors's programs at peer institutions in Arizona (21 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $6,264 | $54,922 | β | $24,796 | 0.45 | |
| $42,204 | $66,999 | $77,767 | $20,508 | 0.31 | |
| β | $61,117 | $70,685 | $22,000 | 0.36 | |
| $12,051 | $61,117 | $70,685 | $22,000 | 0.36 | |
| $9,552 | $58,268 | $56,533 | $42,386 | 0.73 | |
| $17,488 | $55,102 | $55,550 | $46,797 | 0.85 | |
| National Median | β | $45,703 | β | $26,000 | 0.57 |
Career Paths
Occupations commonly associated with business administration, management and operations graduates
Computer and Information Systems Managers
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Compensation and Benefits Managers
Human Resources Managers
Sales Managers
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 Aspen University, approximately 13% 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 25 graduates with reported earnings and 36 graduates with debt data. Small samples may not be representative.