Median Earnings (1yr)
$43,364
26th percentile (40th in MO)
Median Debt
$26,000
At national median
Debt-to-Earnings
0.60
Manageable
Sample Size
104
Adequate data

Analysis

Missouri State's business program lands graduates in the bottom quarter nationally, earning $43,364 in their first year—about $4,000 below the national median and roughly $4,300 below Missouri's state median. Within Missouri, this program ranks at the 40th percentile, trailing not just the flagship university in Columbia but also regional competitors like UMKC, UMSL, and even Lindenwood. For a program with 91% admission rate and moderate debt ($26,000), these earnings create a manageable but unimpressive financial picture with a 0.60 debt-to-earnings ratio.

The modest 8% earnings growth over four years offers little indication that graduates catch up to their peers over time. By year four, they're earning $46,891—still below where many comparable programs start. The debt level itself is exactly at the national median, so the issue isn't excessive borrowing; it's that earnings don't match up to justify even typical student loan obligations compared to other Missouri options.

If your child is committed to staying in Springfield or has received significant merit aid that reduces the actual cost, this could work. But families paying full freight should recognize they're getting below-average outcomes for average debt in a state with notably stronger business programs at similar price points. The flagship in Columbia delivers $12,600 more in starting salary—a difference that compounds significantly over a career.

Where Missouri State University-Springfield Stands

Earnings vs. debt across all business/commerce bachelors's programs nationally

Missouri State University-SpringfieldOther business/commerce 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 Missouri State University-Springfield graduates compare to all programs nationally

Missouri State University-Springfield graduates earn $43k, placing them in the 26th percentile of all business/commerce 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 Missouri

Business/Commerce bachelors's programs at peer institutions in Missouri (17 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Missouri State University-Springfield$43,364$46,891$26,0000.60
University of Missouri-Columbia$55,999$68,404$21,5000.38
University of Missouri-St Louis$48,928$54,470$21,5380.44
University of Missouri-Kansas City$48,603$53,997$21,8530.45
Columbia College$48,329$54,280$28,1000.58
Lindenwood University$47,821$56,644$31,0000.65
National Median$47,506—$26,0000.55

Other Business/Commerce Programs in Missouri

Compare tuition, earnings, and debt across Missouri schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Missouri-Columbia
Columbia
$14,130$55,999$21,500
University of Missouri-St Louis
Saint Louis
$13,440$48,928$21,538
University of Missouri-Kansas City
Kansas City
$11,988$48,603$21,853
Columbia College
Columbia
$24,326$48,329$28,100
Lindenwood University
Saint Charles
$21,100$47,821$31,000

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 Missouri State University-Springfield, 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.

Sample Size: Based on 104 graduates with reported earnings and 109 graduates with debt data. Small samples may not be representative.