Median Earnings (1yr)
$44,851
46th percentile (40th in MI)
Median Debt
$21,072
19% below national median
Debt-to-Earnings
0.47
Manageable
Sample Size
68
Adequate data

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

Calvin UniversityOther business administration, management and operations 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 Calvin University graduates compare to all programs nationally

Calvin University graduates earn $45k, placing them in the 46th percentile of all business administration, management and operations 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 Michigan

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

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Calvin University$44,851$61,665$21,0720.47
University of Michigan-Ann Arbor$93,674$116,095$19,0000.20
Michigan State University$71,253$79,719$23,2500.33
Oakland University$62,359$81,070$26,0000.42
Grand Valley State University$57,760$70,536$27,0000.47
University of Michigan-Dearborn$57,102$69,612$31,0000.54
National Median$45,703—$26,0000.57

Other Business Administration, Management and Operations Programs in Michigan

Compare tuition, earnings, and debt across Michigan schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Michigan-Ann Arbor
Ann Arbor
$17,228$93,674$19,000
Michigan State University
East Lansing
$15,988$71,253$23,250
Oakland University
Rochester Hills
$14,694$62,359$26,000
Grand Valley State University
Allendale
$14,628$57,760$27,000
University of Michigan-Dearborn
Dearborn
$14,944$57,102$31,000

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.