Analysis
A debt-to-earnings ratio of 0.28 suggests this statistics program could represent a manageable investment, though the limited graduate sample means these figures come from peer institutions rather than Gustavus Adolphus's own outcomes. Based on national medians for bachelor's-level statistics programs, first-year earnings around $59,700 would place graduates in a position to handle estimated debt of roughly $16,900—that's less than a third of first-year income, well below the threshold where loan payments typically become burdensome. The national debt benchmark is actually higher at $20,150, suggesting Gustavus may keep borrowing relatively contained even if actual outcomes vary from these estimates.
Minnesota's statistics programs show considerable range in early outcomes. The University of Minnesota-Twin Cities reports first-year earnings of $66,400, while UMN-Duluth comes in at $56,400—a $10,000 spread that illustrates how much variation exists even within the state. Gustavus's estimated figures fall between these two, closer to the statewide median of $61,400. For a selective liberal arts college (average SAT of 1320), the question becomes whether the smaller class sizes and undergraduate focus translate into outcomes that justify choosing it over larger universities with established data.
The core challenge here is uncertainty. With too few graduates to generate reported data, you're banking on Gustavus delivering results similar to other statistics programs nationally. If your child thrives in smaller settings and the college's career services actively place graduates in data analytics roles, the financial fundamentals look reasonable—but you're making that bet without program-specific evidence.
Where Gustavus Adolphus College Stands
Earnings vs. debt across all statistics bachelors's programs nationally
Compare to Similar Programs in Minnesota
Statistics bachelors's programs at peer institutions in Minnesota (9 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $54,310 | $59,718* | — | $16,875* | — | |
| $16,488 | $66,434* | $70,804 | $21,750* | 0.33 | |
| $14,318 | $56,435* | $70,447 | $22,797* | 0.40 | |
| National Median | — | $59,718* | — | $20,150* | 0.34 |
Career Paths
Occupations commonly associated with statistics graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Actuaries
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Mathematicians
Statisticians
Biostatisticians
Mathematical Science Teachers, Postsecondary
Survey Researchers
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 51 similar programs. Actual outcomes may vary.