Median Earnings (1yr)
$80,044
95th percentile (80th in IA)
Median Debt
$23,979
3% above national median
Debt-to-Earnings
0.30
Manageable
Sample Size
49
Adequate data

Analysis

Drake University's quantitative methods graduates earn $80,044 in their first year—nearly 30% above the national median and ranking in the 95th percentile nationally. More importantly for Iowa families, this significantly outpaces the state median of $59,682 and trails only the University of Iowa among in-state options. The $23,979 in typical debt translates to a manageable 0.30 debt-to-earnings ratio, meaning graduates can expect to earn more than three times their debt in their first year alone.

The earnings trajectory reinforces this program's strength: graduates see their income jump 28% to over $102,000 by year four. While the sample size is moderate (30-100 graduates), this consistent pattern suggests the program delivers practical skills that employers value and compensate accordingly. The data represents a broad enough cohort to be meaningful, even if not definitive.

For Iowa families weighing the investment, Drake's premium over Iowa State or smaller private colleges appears justified by the outcomes. At roughly $24,000 in debt, you're looking at one of the stronger return-on-investment scenarios in business analytics education, particularly for students who want to stay in the Midwest rather than relocate to coastal tech hubs. The program punches well above its weight given Drake's 64% admission rate.

Where Drake University Stands

Earnings vs. debt across all management sciences and quantitative methods bachelors's programs nationally

Drake UniversityOther management sciences and quantitative methods 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 Drake University graduates compare to all programs nationally

Drake University graduates earn $80k, placing them in the 95th percentile of all management sciences and quantitative methods 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 Iowa

Management Sciences and Quantitative Methods bachelors's programs at peer institutions in Iowa (12 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Drake University$80,044$102,111$23,9790.30
University of Iowa$70,324$79,851$21,5000.31
Saint Ambrose University$49,039$55,828$26,9350.55
Cornell College$42,127
National Median$62,069$23,2500.37

Other Management Sciences and Quantitative Methods Programs in Iowa

Compare tuition, earnings, and debt across Iowa schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Iowa
Iowa City
$10,964$70,324$21,500
Saint Ambrose University
Davenport
$35,598$49,039$26,935
Cornell College
Mount Vernon
$50,634$42,127

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 Drake University, approximately 21% 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 49 graduates with reported earnings and 46 graduates with debt data. Small samples may not be representative.