Median Earnings (1yr)
$52,469
74th percentile
40th percentile in Wisconsin
Median Debt
$46,792
80% above national median

Analysis

Herzing University-Madison's business program delivers earnings that beat the national average but lag significantly behind most Wisconsin alternatives—a crucial distinction for in-state families. While first-year earnings of $52,469 rank in the 74th percentile nationally, they place in just the 40th percentile among Wisconsin business programs. That means roughly six out of ten comparable programs in-state produce better outcomes. For context, UW-Madison graduates earn $67,699, and even Rasmussen—another accessible option—reaches nearly $60,000.

The debt burden compounds this concern. At $46,792, graduates carry nearly double the national median for business programs and 73% more than the typical Wisconsin graduate. This debt load ranks in the bottom 5th percentile nationally—meaning 95% of business programs nationwide send students out with less debt. The resulting debt-to-earnings ratio of 0.89 means graduates owe roughly 11 months of their first-year salary, which stretches repayment timelines considerably.

For families prioritizing accessibility—Herzing admits 94% of applicants and serves a predominantly Pell-eligible population—this program provides a pathway to above-average national earnings. But Wisconsin families should carefully compare costs against state universities and technical colleges, where similar or better earnings often come with substantially less debt. The math works better if significant scholarship aid brings that $46,792 figure down meaningfully.

Where Herzing University-Madison Stands

Earnings vs. debt across all business administration, management and operations bachelors's programs nationally

Earnings Distribution

How Herzing University-Madison graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Herzing University-Madison$52,469$55,767+6%
University of Wisconsin-Madison$67,699$81,952+21%
Marquette University$63,285$73,164+16%
University of Wisconsin-Milwaukee$56,774$66,918+18%
Carthage College$53,555$65,523+22%

Compare to Similar Programs in Wisconsin

Business Administration, Management and Operations bachelors's programs at peer institutions in Wisconsin (37 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Herzing University-MadisonMadison$13,420$52,469$55,767$46,7920.89
University of Wisconsin-MadisonMadison$11,205$67,699$81,952$20,5000.30
Marquette UniversityMilwaukee$48,700$63,285$73,164$26,6330.42
Milwaukee School of EngineeringMilwaukee$48,421$60,187———
Rasmussen University-WisconsinGreen Bay$11,982$59,693$56,566$37,3150.63
University of Wisconsin-OshkoshOshkosh$8,212$57,809$63,085$25,0000.43
National Median—$45,703—$26,0000.57

Career Paths

Occupations commonly associated with business administration, management and operations graduates

Computer and Information Systems Managers

Plan, direct, or coordinate activities in such fields as electronic data processing, information systems, systems analysis, and computer programming.

$171,200/yrJobs growth:Bachelor's degree

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Compensation and Benefits Managers

Plan, direct, or coordinate compensation and benefits activities of an organization.

$140,360/yrJobs growth:Bachelor's degree

Human Resources Managers

Plan, direct, or coordinate human resources activities and staff of an organization.

$140,030/yrJobs growth:Bachelor's degree

Sales Managers

Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

$138,060/yrJobs growth:Bachelor's degree
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 Herzing University-Madison, approximately 67% 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 130 graduates with reported earnings and 165 graduates with debt data. Small samples may not be representative.