Median Earnings (1yr)
$44,462
44th percentile
25th percentile in Minnesota
Median Debt
$26,000
At national median

Analysis

Bethany Lutheran College's business program significantly underperforms within Minnesota, where graduates would earn about $5,000 less annually than the state median for business majors. While the $44,462 starting salary sits close to the national average, it falls in just the 25th percentile among Minnesota programsβ€”meaning three-quarters of comparable in-state options produce better-earning graduates. For Minnesota families, this matters: nearby alternatives like the University of Minnesota system offer substantially higher returns, with graduates earning $20,000+ more within a year of graduation.

The debt picture offers some relief. At $26,000, borrowing aligns exactly with national and state medians, creating a manageable 0.58 debt-to-earnings ratio. Graduates should be able to handle their loans on entry-level business salaries. However, the modest 8% earnings growth to year four suggests limited career acceleration compared to peers at stronger programs.

For families committed to Bethany Lutheran's small-school environment, this program won't create financial hardship. But purely as a business degree investment in Minnesota, the earnings gap is substantial and persistent. If your child is staying in-state and prioritizing career outcomes, exploring higher-ranked Minnesota programs would likely deliver significantly better financial returns on a similar debt load.

Where Bethany Lutheran College Stands

Earnings vs. debt across all business administration, management and operations bachelors's programs nationally

Earnings Distribution

How Bethany Lutheran College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Bethany Lutheran College$44,462$47,788+7%
University of Minnesota-Twin Cities$65,996$75,971+15%
University of Minnesota-Crookston$58,805$72,627+24%
Capella University$68,701$72,613+6%
Saint Mary's University of Minnesota$56,290$71,352+27%

Compare to Similar Programs in Minnesota

Business Administration, Management and Operations bachelors's programs at peer institutions in Minnesota (33 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Bethany Lutheran CollegeMankato$30,010$44,462$47,788$26,0000.58
Capella UniversityMinneapolis$14,436$68,701$72,613$33,7500.49
University of Minnesota-Twin CitiesMinneapolis$16,488$65,996$75,971$20,1600.31
Rasmussen University-MinnesotaSt. Cloud$10,899$59,693$56,566$37,3150.63
Concordia University-Saint PaulSaint Paul$25,000$59,044$63,736$27,0000.46
University of Minnesota-CrookstonCrookston$13,120$58,805$72,627$27,4340.47
National Medianβ€”$45,703β€”$26,0000.57

Career Paths

Occupations commonly associated with business administration, management and operations graduates

Computer and Information Systems Managers

Plan, direct, or coordinate activities in such fields as electronic data processing, information systems, systems analysis, and computer programming.

$171,200/yrJobs growth:Bachelor's degree

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Compensation and Benefits Managers

Plan, direct, or coordinate compensation and benefits activities of an organization.

$140,360/yrJobs growth:Bachelor's degree

Human Resources Managers

Plan, direct, or coordinate human resources activities and staff of an organization.

$140,030/yrJobs growth:Bachelor's degree

Sales Managers

Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

$138,060/yrJobs growth:Bachelor's degree
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 Bethany Lutheran College, approximately 22% 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 43 graduates with reported earnings and 43 graduates with debt data. Small samples may not be representative.