Based on U.S. Department of Education data (October 2025 release).
Analysis
Michigan State's agricultural business program places graduates in the 95th percentile nationally for earnings—impressive until you consider they're the only game in town for this degree in Michigan. That $57,023 starting salary beats the national median by nearly $9,000, but without in-state competitors, it's hard to gauge whether MSU is truly delivering premium value or simply benefiting from Michigan's agricultural economy and the university's strong industry connections.
The financial picture itself is solid: graduates carry $24,125 in debt against first-year earnings of $57,000, yielding a manageable 0.42 debt-to-earnings ratio. Earnings grow 15% by year four, reaching $65,269—a trajectory that suggests graduates are building valuable careers rather than hitting immediate plateaus. The debt load, while slightly above the national median, remains reasonable given the earning power.
The real question is whether MSU's relatively accessible admissions (84% acceptance rate) and this program's strong outcomes make it worth attending versus out-of-state options that might cost more or less. For Michigan residents paying in-state tuition, this is likely a straightforward yes—you're getting top-tier national outcomes without the risk of moving to an unfamiliar agricultural market. Out-of-state students should weigh whether MSU's agricultural industry connections justify the higher tuition premium over comparable programs in their home states.
Where Michigan State University Stands
Earnings vs. debt across all agricultural business and management bachelors's programs nationally
Earnings Distribution
How Michigan State University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Michigan State University | $57,023 | $65,269 | +14% |
| Cornell University | $92,163 | $113,850 | +24% |
| California Polytechnic State University-San Luis Obispo | $52,778 | $78,364 | +48% |
| University of Illinois Urbana-Champaign | $55,934 | $74,858 | +34% |
| Texas Tech University | $50,509 | $71,893 | +42% |
Compare to Similar Programs Nationally
Agricultural Business and Management bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $15,988 | $57,023 | $65,269 | $24,125 | 0.42 | |
| $66,014 | $92,163 | $113,850 | $13,258 | 0.14 | |
| $8,302 | $61,152 | $59,416 | — | — | |
| $10,857 | $59,953 | $62,322 | $19,500 | 0.33 | |
| $14,130 | $58,335 | $59,013 | $17,499 | 0.30 | |
| $16,004 | $55,934 | $74,858 | $20,000 | 0.36 | |
| National Median | — | $48,338 | — | $20,000 | 0.41 |
Career Paths
Occupations commonly associated with agricultural business and management graduates
Economists
Environmental Economists
Farmers, Ranchers, and Other Agricultural Managers
Agricultural Sciences Teachers, Postsecondary
Economics Teachers, Postsecondary
Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products
Computer User Support Specialists
Buyers and Purchasing Agents, Farm Products
Farm and Home Management Educators
First-Line Supervisors of Office and Administrative Support Workers
First-Line Supervisors of Farming, Fishing, and Forestry Workers
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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 Michigan State University, approximately 20% 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 80 graduates with reported earnings and 58 graduates with debt data. Small samples may not be representative.