Analysis
Columbia College's finance program delivers something increasingly rare: manageable debt paired with above-average starting salaries. At just under $19,000 in student loans—about 20% below the national median for finance programs—graduates start earning $56,104, which beats both the Missouri median ($49,785) and the national average. That 0.34 debt-to-earnings ratio means graduates owe roughly one-third of their first year's salary, a comfortable position that allows for quicker loan payoff and financial flexibility.
The stagnant earnings trajectory between years one and four deserves attention. While other Missouri finance programs show typical career progression, Columbia graduates see essentially flat earnings over this period. This could reflect the types of employers hiring from Columbia—possibly smaller regional firms or roles with slower advancement tracks. For context, top performers in the state like Saint Louis University see continued salary growth during these years.
For families prioritizing low debt and immediate employability, Columbia offers a practical path into finance. The program gets students working at competitive salaries without the burden of heavy loans—a meaningful advantage given that 44% of students receive Pell grants. Just understand you're trading the potential for rapid early-career growth for financial security at graduation. If your child plans to pursue additional credentials or certifications that could jumpstart advancement after a few years, this foundation makes sense.
Where Columbia College Stands
Earnings vs. debt across all finance and financial management services bachelors's programs nationally
Earnings Distribution
How Columbia College 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 |
|---|---|---|---|
| Columbia College | $56,104 | $55,909 | -0% |
| Washington University in St Louis | $102,814 | $152,625 | +48% |
| Missouri State University-Springfield | $50,486 | $68,206 | +35% |
| Southeast Missouri State University | $46,736 | $62,357 | +33% |
| Northwest Missouri State University | $45,810 | $60,503 | +32% |
Compare to Similar Programs in Missouri
Finance and Financial Management Services bachelors's programs at peer institutions in Missouri (21 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $24,326 | $56,104 | $55,909 | $18,980 | 0.34 | |
| $62,982 | $102,814 | $152,625 | $19,250 | 0.19 | |
| $53,244 | $60,055 | — | $21,268 | 0.35 | |
| $9,024 | $50,486 | $68,206 | $24,750 | 0.49 | |
| $9,739 | $49,785 | $54,933 | $22,989 | 0.46 | |
| $9,800 | $47,265 | — | $21,361 | 0.45 | |
| National Median | — | $53,590 | — | $23,332 | 0.44 |
Career Paths
Occupations commonly associated with finance and financial management services graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Personal Financial Advisors
Financial and Investment Analysts
Financial Risk Specialists
Budget Analysts
Business Teachers, Postsecondary
Insurance Underwriters
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 Columbia College, approximately 44% 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 67 graduates with reported earnings and 69 graduates with debt data. Small samples may not be representative.