Analysis
A debt-to-earnings ratio of 0.52 isn't alarming on its face—based on comparable finance programs in Kansas, graduates would need roughly half their first-year salary to cover their student loans. That's manageable territory for a bachelor's degree. However, the estimated $49,975 starting salary places this program squarely at Kansas's median for finance degrees, trailing substantially behind what graduates from Benedictine College or University of Kansas typically earn (around $58,000). Given that Newman's selectivity and low Pell enrollment suggest a different student profile than those flagship institutions, understanding why this gap exists matters.
The challenge here is that we're working entirely with estimates derived from peer programs—neither the earnings nor debt figures come from Newman's actual graduates. Similar Kansas finance programs suggest this earnings range, while the debt estimate comes from national data for comparable private institutions. Without actual outcomes data, it's difficult to know whether Newman's specific curriculum, location in Wichita's financial services market, or alumni network delivers results above or below these state averages. The fact that several Kansas programs produce graduates earning $5,000-$9,000 more annually makes that uncertainty significant.
If your child is confident about a finance career and Newman offers other compelling reasons to attend, these estimated numbers don't raise red flags. But push the school for concrete placement data—where their graduates actually work and what they actually earn—before committing to this investment over Kansas State or other programs with transparent outcomes.
Where Newman University Stands
Earnings vs. debt across all finance and financial management services bachelors's programs nationally
Compare to Similar Programs in Kansas
Finance and Financial Management Services bachelors's programs at peer institutions in Kansas (16 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $35,500 | $49,975* | — | $25,812* | — | |
| $34,800 | $58,821* | — | $26,959* | 0.46 | |
| $11,700 | $57,884* | $66,001 | $20,354* | 0.35 | |
| $10,942 | $54,509* | $63,146 | $24,990* | 0.46 | |
| $8,008 | $50,450* | $56,556 | $21,875* | 0.43 | |
| $9,578 | $49,500* | $59,834 | $21,136* | 0.43 | |
| National Median | — | $53,590* | — | $23,332* | 0.44 |
Career Paths
Occupations commonly associated with finance and financial management services graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Personal Financial Advisors
Financial and Investment Analysts
Financial Risk Specialists
Budget Analysts
Business Teachers, Postsecondary
Insurance Underwriters
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 Newman University, approximately 12% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 8 similar programs in KS. Actual outcomes may vary.