Median Earnings (1yr)
$41,704
31st percentile (25th in WI)
Median Debt
$27,000
4% above national median
Debt-to-Earnings
0.65
Manageable
Sample Size
37
Adequate data

Analysis

Carroll University's business program starts graduates at $41,704—roughly $11,000 below Wisconsin's median for business majors and in just the 25th percentile statewide. That's a significant gap in a state where comparable programs at UW-Oshkosh ($57,809) and even Rasmussen ($59,693) deliver substantially higher starting salaries. The relatively modest $27,000 debt load keeps the program manageable (debt-to-earnings of 0.65), but you're still paying similar debt for considerably less earning power than most Wisconsin business graduates achieve.

The 36% earnings jump to $56,703 by year four tells a more optimistic story—graduates appear to build momentum once they establish themselves. This growth rate suggests the program may develop skills that employers increasingly value, even if the initial placement lags. However, even at that four-year mark, earnings remain below what many Wisconsin business programs deliver right out of the gate.

For Wisconsin families, this is a tough value proposition. Unless your student has compelling reasons to attend Carroll specifically—strong campus fit, scholarship aid, or particular program features—you're likely getting more immediate career traction from other in-state options. The trajectory is positive, but starting $11,000 behind takes years to overcome, and by then, graduates from stronger programs have already pulled further ahead.

Where Carroll University Stands

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

Carroll 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 Carroll University graduates compare to all programs nationally

Carroll University graduates earn $42k, placing them in the 31th 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 Wisconsin

Business Administration, Management and Operations bachelors's programs at peer institutions in Wisconsin (37 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Carroll University$41,704$56,703$27,0000.65
University of Wisconsin-Madison$67,699$81,952$20,5000.30
Marquette University$63,285$73,164$26,6330.42
Milwaukee School of Engineering$60,187———
Rasmussen University-Wisconsin$59,693$56,566$37,3150.63
University of Wisconsin-Oshkosh$57,809$63,085$25,0000.43
National Median$45,703—$26,0000.57

Other Business Administration, Management and Operations Programs in Wisconsin

Compare tuition, earnings, and debt across Wisconsin schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Wisconsin-Madison
Madison
$11,205$67,699$20,500
Marquette University
Milwaukee
$48,700$63,285$26,633
Milwaukee School of Engineering
Milwaukee
$48,421$60,187—
Rasmussen University-Wisconsin
Green Bay
$11,982$59,693$37,315
University of Wisconsin-Oshkosh
Oshkosh
$8,212$57,809$25,000

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 Carroll University, 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 37 graduates with reported earnings and 43 graduates with debt data. Small samples may not be representative.