Analysis
A debt-to-earnings ratio of 0.53 suggests a manageable starting point, but the real story here is how little we can verify about Baldwin Wallace's specific outcomes. Similar entrepreneurship programs in Ohio produce first-year earnings around $47,700, which places this program squarely at the state median—neither particularly strong nor weak compared to peers. However, top programs like University of Dayton report actual earnings nearly $8,000 higher, showing there's meaningful variation even within the state.
The estimated $25,400 in debt sits slightly above both state and national medians for this field, though it's not dramatically so. What matters more is what comes after that first year—entrepreneurship degrees can lead to wildly different trajectories depending on whether graduates launch businesses, join startups, or take conventional jobs. The uncertainty compounds here: we're estimating outcomes based on peer programs *and* dealing with a field where individual results vary more than most.
For an anxious parent, this creates a genuine dilemma. Baldwin Wallace may deliver excellent preparation and connections that don't show up in these estimates, or it may not justify the premium over less expensive state options. Without actual graduate outcomes, you're betting that this school's particular approach to entrepreneurship education will beat the middling baseline suggested by comparable programs. That's a harder case to make when schools like Dayton can show concrete results.
Where Baldwin Wallace University Stands
Earnings vs. debt across all entrepreneurial and small business operations bachelors's programs nationally
Compare to Similar Programs in Ohio
Entrepreneurial and Small Business Operations bachelors's programs at peer institutions in Ohio (22 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $37,938 | $47,731* | — | $25,396* | — | |
| $47,600 | $55,864* | $67,735 | $25,813* | 0.46 | |
| $7,278 | $47,731* | — | $23,350* | 0.49 | |
| $7,278 | $47,731* | — | $23,350* | 0.49 | |
| $17,809 | $47,731* | — | $23,350* | 0.49 | |
| $12,846 | $47,312* | $54,490 | $25,000* | 0.53 | |
| National Median | — | $45,265* | — | $24,125* | 0.53 |
Career Paths
Occupations commonly associated with entrepreneurial and small business operations graduates
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Business Teachers, Postsecondary
Personal Service Managers, All Other
Fitness and Wellness Coordinators
Spa Managers
Managers, All Other
Regulatory Affairs Managers
Compliance Managers
Loss Prevention Managers
Wind Energy Operations 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 Baldwin Wallace University, approximately 28% 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 5 similar programs in OH. Actual outcomes may vary.