Analysis
Clarke University's business program starts significantly behind both state and national norms, with first-year graduates earning $38,921—about $10,000 less than the Iowa median for business majors and nearly $7,000 below the national benchmark. This places graduates in just the 25th percentile among Iowa business programs, trailing regional competitors like Iowa State ($57,188) and Saint Ambrose ($60,163) by substantial margins. The debt load of $27,000 matches the Iowa median, but when paired with below-average earnings, it creates a less favorable financial picture than families might expect from a business degree.
The silver lining is meaningful earnings growth: by year four, median pay jumps to $55,688, a 43% increase that brings graduates much closer to their peers. This trajectory suggests the degree eventually provides career mobility, but those early years of lower earnings matter—particularly for loan repayment and establishing financial footing after college.
For families considering Clarke's business program, understand you're likely accepting a slower start than you'd get at larger Iowa universities. If Clarke offers other compelling advantages—smaller classes, specific mentorship, or a significantly better financial aid package—this tradeoff might work. Otherwise, the combination of below-median starting salaries and average debt suggests exploring how other Iowa business programs might better position graduates from day one.
Where Clarke University Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
Earnings Distribution
How Clarke University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Clarke University | $38,921 | $55,688 | +43% |
| Drake University | $47,806 | $73,716 | +54% |
| Iowa State University | $57,188 | $68,354 | +20% |
| University of Iowa | $46,264 | $66,009 | +43% |
| Coe College | $47,815 | $64,694 | +35% |
Compare to Similar Programs in Iowa
Business Administration, Management and Operations bachelors's programs at peer institutions in Iowa (25 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $39,600 | $38,921 | $55,688 | $27,000 | 0.69 | |
| $28,750 | $62,162 | — | $27,000 | 0.43 | |
| $35,598 | $60,163 | — | $35,135 | 0.58 | |
| $10,497 | $57,188 | $68,354 | $22,250 | 0.39 | |
| $46,212 | $56,812 | $61,369 | $26,975 | 0.47 | |
| $19,000 | $55,854 | $55,601 | $34,453 | 0.62 | |
| National Median | — | $45,703 | — | $26,000 | 0.57 |
Career Paths
Occupations commonly associated with business administration, management and operations graduates
Computer and Information Systems Managers
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Compensation and Benefits Managers
Human Resources Managers
Sales Managers
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 Clarke University, approximately 36% 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 34 graduates with reported earnings and 39 graduates with debt data. Small samples may not be representative.