Median Earnings (1yr)
$44,851
46th percentile
40th percentile in Michigan
Median Debt
$21,072
19% below national median

Analysis

Calvin University's business program delivers slightly below the Michigan median for first-year earnings, ranking in the 40th percentile statewide. While early earnings of $44,851 fall short of the state's $50,550 median and trail regional competitors like Grand Valley State by about $13,000, the program's strength emerges in its growth trajectory—graduates see a 38% earnings increase to $61,665 by year four. This narrows the gap considerably, though it still lags behind what top Michigan programs offer even at the entry level.

The financial equation here is more favorable than it might first appear. At $21,072, student debt runs well below both the state median ($27,000) and national average ($26,000), creating a debt-to-earnings ratio of 0.47 that's manageable from the start. The lower debt load provides breathing room during those first few years when earnings are building, and by year four, graduates are earning nearly three times their debt amount.

For families considering Calvin, this is a reasonable path into business management—particularly if the school's faith-based mission aligns with your values. The degree gets you launched into the workforce with modest debt, though you'll likely need to be patient about reaching the earning power that Michigan's flagship programs offer immediately. It's a slower build, but one that doesn't burden graduates with outsized debt along the way.

Where Calvin University Stands

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

Earnings Distribution

How Calvin University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Calvin University$44,851$61,665+37%
University of Michigan-Ann Arbor$93,674$116,095+24%
Oakland University$62,359$81,070+30%
Michigan State University$71,253$79,719+12%
Cleary University$50,573$71,725+42%

Compare to Similar Programs in Michigan

Business Administration, Management and Operations bachelors's programs at peer institutions in Michigan (40 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Calvin UniversityGrand Rapids$38,670$44,851$61,665$21,0720.47
University of Michigan-Ann ArborAnn Arbor$17,228$93,674$116,095$19,0000.20
Michigan State UniversityEast Lansing$15,988$71,253$79,719$23,2500.33
Oakland UniversityRochester Hills$14,694$62,359$81,070$26,0000.42
Grand Valley State UniversityAllendale$14,628$57,760$70,536$27,0000.47
University of Michigan-DearbornDearborn$14,944$57,102$69,612$31,0000.54
National Median$45,703$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 Calvin University, approximately 14% 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 68 graduates with reported earnings and 70 graduates with debt data. Small samples may not be representative.