Median Earnings (1yr)
$71,294
31st percentile (40th in MN)
Median Debt
$27,000
At national median
Debt-to-Earnings
0.38
Manageable
Sample Size
49
Adequate data

Analysis

Minnesota nursing graduates from Gustavus Adolphus typically start around $71,000—below both the state median of $75,600 and the national benchmark of $74,900. In a state with 27 nursing programs, this ranks only in the 40th percentile, meaning six in ten Minnesota nursing programs deliver stronger starting outcomes. The gap is meaningful: top Minnesota programs like Walden and Capella place graduates $14,000-$17,000 higher right out of the gate.

The $27,000 debt load is manageable and matches national norms, yielding a reasonable 0.38 debt-to-earnings ratio. However, earnings growth tells a cautionary story—just 5% over four years, reaching $74,858. Most nursing careers see stronger salary progression as professionals gain experience and credentials. This flatter trajectory suggests graduates may face constraints in advancement opportunities or specialty transitions compared to peers at other Minnesota programs.

For families choosing between Minnesota nursing programs, Gustavus delivers solid education from a selective liberal arts college (average SAT 1320) but doesn't translate that selectivity into standout nursing outcomes. At this price point, exploring programs in the top half of Minnesota's rankings—particularly those showing stronger year-four earnings—would give your graduate more financial runway for the same or less debt.

Where Gustavus Adolphus College Stands

Earnings vs. debt across all registered nursing, nursing administration, nursing research and clinical nursing bachelors's programs nationally

Gustavus Adolphus CollegeOther registered nursing, nursing administration, nursing research and clinical nursing 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 Gustavus Adolphus College graduates compare to all programs nationally

Gustavus Adolphus College graduates earn $71k, placing them in the 31th percentile of all registered nursing, nursing administration, nursing research and clinical nursing 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 Minnesota

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing bachelors's programs at peer institutions in Minnesota (27 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Gustavus Adolphus College$71,294$74,858$27,0000.38
Walden University$88,877$87,923$32,8000.37
Capella University$85,426$82,005$27,8260.33
Saint Mary's University of Minnesota$84,323$104,496$40,1880.48
Augsburg University$80,574$77,817$23,4410.29
Minnesota State University Moorhead$78,006$76,288$30,3590.39
National Median$74,888—$27,0000.36

Other Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing Programs in Minnesota

Compare tuition, earnings, and debt across Minnesota schools

SchoolIn-State TuitionEarnings (1yr)Debt
Walden University
Minneapolis
$12,498$88,877$32,800
Capella University
Minneapolis
$14,436$85,426$27,826
Saint Mary's University of Minnesota
Winona
$43,160$84,323$40,188
Augsburg University
Minneapolis
$43,942$80,574$23,441
Minnesota State University Moorhead
Moorhead
$10,336$78,006$30,359

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.

Sample Size: Based on 49 graduates with reported earnings and 45 graduates with debt data. Small samples may not be representative.