Median Earnings (1yr)
$56,974
63rd percentile (60th in IA)
Median Debt
$21,750
7% below national median
Debt-to-Earnings
0.38
Manageable
Sample Size
239
Adequate data

Analysis

Iowa State's finance program produces graduates who earn more than both state and national medians, while carrying notably less debt than typical finance majors. With first-year earnings of $56,974—beating Iowa's median by over $4,000—graduates start ahead of most in-state alternatives, ranking in the 60th percentile among Iowa's dozen finance programs. The debt picture is even more favorable: at $21,750, Iowa State graduates carry about $3,000 less than the state average and nearly $1,600 below the national median, translating to a manageable 0.38 debt-to-earnings ratio.

The earnings trajectory shows steady professional growth, with 14% gains by year four reaching $64,793. While this places Iowa State behind private options like Drake or Iowa, you're looking at a roughly $5,000 earnings gap against significantly lower debt loads—Drake's finance graduates, for instance, likely carry higher private school debt. The combination of Iowa State's 89% admission rate and solid outcomes suggests accessibility paired with real career preparation rather than hyper-selective gatekeeping.

For in-state students especially, this represents strong value: competitive starting salaries, below-average debt, and reliable earnings growth. The program delivers what finance degrees should—entry into a well-compensated field without excessive financial burden to get there.

Where Iowa State University Stands

Earnings vs. debt across all finance and financial management services bachelors's programs nationally

Iowa State UniversityOther finance and financial management services 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 Iowa State University graduates compare to all programs nationally

Iowa State University graduates earn $57k, placing them in the 63th percentile of all finance and financial management services 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

Finance and Financial Management Services bachelors's programs at peer institutions in Iowa (12 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Iowa State University$56,974$64,793$21,7500.38
Drake University$62,049$81,311$25,0000.40
University of Iowa$59,965$76,298$23,1650.39
Loras College$59,434$63,016$24,0770.41
Saint Ambrose University$56,275$61,730——
University of Northern Iowa$52,759$62,693$20,7500.39
National Median$53,590—$23,3320.44

Other Finance and Financial Management Services Programs in Iowa

Compare tuition, earnings, and debt across Iowa schools

SchoolIn-State TuitionEarnings (1yr)Debt
Drake University
Des Moines
$49,944$62,049$25,000
University of Iowa
Iowa City
$10,964$59,965$23,165
Loras College
Dubuque
$38,298$59,434$24,077
Saint Ambrose University
Davenport
$35,598$56,275—
University of Northern Iowa
Cedar Falls
$9,728$52,759$20,750

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 Iowa State University, approximately 18% 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 239 graduates with reported earnings and 289 graduates with debt data. Small samples may not be representative.