Median Earnings (1yr)
$53,555
78th percentile
60th percentile in Wisconsin
Median Debt
$27,000
4% above national median

Analysis

With starting salaries over $53,000 and debt under $27,000, Carthage delivers business outcomes that significantly outperform national norms—ranking in the 78th percentile nationally while keeping debt below three-quarters of comparable programs. However, the Wisconsin context tells a more nuanced story: this performance sits squarely at the state median for both earnings and debt, placing Carthage in the 60th percentile among Wisconsin business programs. Four years out, graduates are earning $65,523, a solid 22% increase that suggests legitimate career progression.

For families weighing options within Wisconsin, the $7,000+ earnings gap compared to UW-Madison or Marquette deserves consideration, though Carthage's smaller debt load partially offsets this difference. The 0.50 debt-to-earnings ratio remains healthy—graduates earn nearly twice their debt in their first year—but at an 84% admission rate, you're paying liberal arts college prices for outcomes that match state averages rather than exceed them.

The practical verdict: Carthage won't handicap your child's business career, and they'll start with manageable debt and above-average national earnings. But if they can access UW-Madison or similar state flagships, those programs deliver meaningfully better returns. Carthage makes most sense for students who value the small college environment and can accept middle-of-the-pack Wisconsin outcomes rather than top-tier ones.

Where Carthage College Stands

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

Earnings Distribution

How Carthage College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Carthage College$53,555$65,523+22%
University of Wisconsin-Madison$67,699$81,952+21%
Marquette University$63,285$73,164+16%
University of Wisconsin-Milwaukee$56,774$66,918+18%
Concordia University-Wisconsin$56,347$65,093+16%

Compare to Similar Programs in Wisconsin

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

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Carthage CollegeKenosha$36,500$53,555$65,523$27,0000.50
University of Wisconsin-MadisonMadison$11,205$67,699$81,952$20,5000.30
Marquette UniversityMilwaukee$48,700$63,285$73,164$26,6330.42
Milwaukee School of EngineeringMilwaukee$48,421$60,187
Rasmussen University-WisconsinGreen Bay$11,982$59,693$56,566$37,3150.63
University of Wisconsin-OshkoshOshkosh$8,212$57,809$63,085$25,0000.43
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 Carthage College, approximately 26% 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 102 graduates with reported earnings and 102 graduates with debt data. Small samples may not be representative.