Median Earnings (1yr)Reported
$57,023
95th percentile
Median DebtReported
$24,125
21% above national median

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

School1 Year4 YearsGrowth
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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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Michigan State UniversityEast Lansing$15,988$57,023$65,269$24,1250.42
Cornell UniversityIthaca$66,014$92,163$113,850$13,2580.14
University of Nebraska at KearneyKearney$8,302$61,152$59,416
North Dakota State University-Main CampusFargo$10,857$59,953$62,322$19,5000.33
University of Missouri-ColumbiaColumbia$14,130$58,335$59,013$17,4990.30
University of Illinois Urbana-ChampaignChampaign$16,004$55,934$74,858$20,0000.36
National Median$48,338$20,0000.41

Career Paths

Occupations commonly associated with agricultural business and management graduates

Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

$115,440/yrJobs growth:Master's degree

Environmental Economists

Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.

$115,440/yrJobs growth:Master's degree

Farmers, Ranchers, and Other Agricultural Managers

Plan, direct, or coordinate the management or operation of farms, ranches, greenhouses, aquacultural operations, nurseries, timber tracts, or other agricultural establishments. May hire, train, and supervise farm workers or contract for services to carry out the day-to-day activities of the managed operation. May engage in or supervise planting, cultivating, harvesting, and financial and marketing activities.

$87,980/yrJobs growth:High school diploma or equivalent

Agricultural Sciences Teachers, Postsecondary

Teach courses in the agricultural sciences. Includes teachers of agronomy, dairy sciences, fisheries management, horticultural sciences, poultry sciences, range management, and agricultural soil conservation. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Economics Teachers, Postsecondary

Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products

Sell goods for wholesalers or manufacturers to businesses or groups of individuals. Work requires substantial knowledge of items sold.

$74,100/yrJobs growth:

Computer User Support Specialists

Provide technical assistance to computer users. Answer questions or resolve computer problems for clients in person, via telephone, or electronically. May provide assistance concerning the use of computer hardware and software, including printing, installation, word processing, electronic mail, and operating systems.

$61,550/yrJobs growth:

Buyers and Purchasing Agents, Farm Products

Purchase farm products either for further processing or resale. Includes tree farm contractors, grain brokers and market operators, grain buyers, and tobacco buyers. May negotiate contracts.

Farm and Home Management Educators

Instruct and advise individuals and families engaged in agriculture, agricultural-related processes, or home management activities. Demonstrate procedures and apply research findings to advance agricultural and home management activities. May develop educational outreach programs. May instruct on either agricultural issues such as agricultural processes and techniques, pest management, and food safety, or on home management issues such as budgeting, nutrition, and child development.

First-Line Supervisors of Office and Administrative Support Workers

Directly supervise and coordinate the activities of clerical and administrative support workers.

First-Line Supervisors of Farming, Fishing, and Forestry Workers

Directly supervise and coordinate the activities of agricultural, forestry, aquacultural, and related 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.