Analysis
Comparable international business bachelor's programs nationally suggest first-year earnings around $49,890, which falls notably short of Minnesota's state median of $64,978 for this field. The University of Minnesota-Twin Cities, for instance, reports graduates earning nearly $65,000—about $15,000 more than what peer programs indicate for Gustavus Adolphus. This gap matters because international business typically demands specific skills and networks that larger programs with more extensive corporate partnerships may deliver more reliably. The estimated $25,000 debt load is reasonable, creating a 0.50 debt-to-earnings ratio, but the real question is whether that debt buys comparable career outcomes.
The estimation here stems from limited graduate sample sizes, which itself raises practical concerns. A small cohort might indicate fewer employer connections or less recruiting activity in this specific major at Gustavus Adolphus, even as the college maintains solid overall academic credentials with its 1320 average SAT score. For a field where first-job placement often depends on campus recruiting and internship pipelines, program size and established industry relationships can directly affect that crucial first salary.
Your child would need to verify what makes Gustavus Adolphus's program competitive beyond the Minnesota market leaders—perhaps specialized study abroad partnerships or unique industry connections. Without that differentiation, paying similar debt for potentially lower starting earnings than state peers suggests looking closely at alternatives, particularly if major metro opportunities drive your family's post-graduation plans.
Where Gustavus Adolphus College Stands
Earnings vs. debt across all international business bachelors's programs nationally
Compare to Similar Programs in Minnesota
International Business bachelors's programs at peer institutions in Minnesota (14 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $54,310 | $49,890* | — | $25,000* | — | |
| $16,488 | $64,978* | — | $19,600* | 0.30 | |
| National Median | — | $49,890* | — | $23,472* | 0.47 |
Career Paths
Occupations commonly associated with international business graduates
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Business Teachers, Postsecondary
Business Operations Specialists, All Other
Business Continuity Planners
Sustainability Specialists
Online Merchants
Security Management Specialists
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 Gustavus Adolphus College, 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 103 similar programs. Actual outcomes may vary.