Median Earnings (1yr)
$38,921
20th percentile
25th percentile in Iowa
Median Debt
$27,000
4% above national median

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

School1 Year4 YearsGrowth
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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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Clarke UniversityDubuque$39,600$38,921$55,688$27,0000.69
William Penn UniversityOskaloosa$28,750$62,162$27,0000.43
Saint Ambrose UniversityDavenport$35,598$60,163$35,1350.58
Iowa State UniversityAmes$10,497$57,188$68,354$22,2500.39
Simpson CollegeIndianola$46,212$56,812$61,369$26,9750.47
Upper Iowa UniversityFayette$19,000$55,854$55,601$34,4530.62
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 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.