Analysis
Montana State's Agricultural Business program starts graduates at just over $50,000—solidly above the national median for ag business degrees and matching the state median. The 0.39 debt-to-earnings ratio looks manageable at first glance, with graduates owing roughly $20,000 against that first-year salary. However, there's an unusual pattern worth noting: earnings actually dip by year four to about $48,000, which runs counter to the typical career trajectory.
Before reading too much into that decline, consider the sample size here—fewer than 30 graduates were tracked, which means one or two career changes could skew the whole picture. In ag business, early-career earnings can be volatile depending on commodity markets, weather patterns, and whether graduates stay in production agriculture versus moving into agribusiness sectors. The program does rank in the 71st percentile nationally, suggesting MSU delivers stronger-than-average preparation compared to the 134 schools offering this degree.
For families committed to agricultural careers in Montana, this is one of only two options in the state, and it performs on par with available alternatives. The relatively low debt load gives graduates flexibility to pursue opportunities that might not pay top dollar initially but offer long-term potential in ranch management or agricultural enterprises. Just keep in mind these numbers represent a very small cohort—they're directional rather than definitive.
Where Montana State University Stands
Earnings vs. debt across all agricultural business and management bachelors's programs nationally
Earnings Distribution
How Montana 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 |
|---|---|---|---|
| Montana State University | $50,876 | $48,285 | -5% |
| 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
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $8,083 | $50,876 | $48,285 | $20,000 | 0.39 | |
| $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 | |
| $15,988 | $57,023 | $65,269 | $24,125 | 0.42 | |
| 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
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 Montana State University, approximately 17% 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 25 graduates with reported earnings and 20 graduates with debt data. Small samples may not be representative.