Median Earnings (1yr)
$38,848
20th percentile
25th percentile in Michigan
Median Debt
$23,795
8% below national median

Analysis

Northern Michigan's business program sits in the bottom quartile of Michigan business schools, with graduates earning about $10,000 less than the state median just one year out. At $38,848 initially, new graduates earn roughly what they might make in many entry-level positions that don't require a degreeβ€”considerably below the $50,550 median for Michigan business programs. The gap is significant: you're looking at nearly $100,000 less in starting salary compared to Michigan State graduates and vastly less than Michigan-Ann Arbor's business alumni.

The debt picture offers modest reliefβ€”at $23,795, it's below both state and national averages, translating to a 0.61 debt-to-earnings ratio that's manageable if not ideal. Earnings do improve to $47,962 by year four, showing 24% growth, but that still lags behind what many Michigan business graduates earn right out of school. The location factor matters here: Marquette's Upper Peninsula setting limits immediate job market access compared to Detroit, Grand Rapids, or Lansing metro areas where most Michigan business opportunities cluster.

For families prioritizing affordability and who value Northern Michigan's setting or have strong regional ties to the U.P., the lower debt makes this workable. But if career earnings potential drives your decision, Michigan's other public universities deliver substantially better outcomes for business majors, even after accounting for potentially higher costs. The regional job market constraints appear built into these numbers and warrant serious consideration.

Where Northern Michigan University Stands

Earnings vs. debt across all business administration, management and operations bachelors's programs nationally

Earnings Distribution

How Northern Michigan University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Northern Michigan University$38,848$47,962+23%
University of Michigan-Ann Arbor$93,674$116,095+24%
Oakland University$62,359$81,070+30%
Michigan State University$71,253$79,719+12%
Cleary University$50,573$71,725+42%

Compare to Similar Programs in Michigan

Business Administration, Management and Operations bachelors's programs at peer institutions in Michigan (40 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Northern Michigan UniversityMarquette$13,304$38,848$47,962$23,7950.61
University of Michigan-Ann ArborAnn Arbor$17,228$93,674$116,095$19,0000.20
Michigan State UniversityEast Lansing$15,988$71,253$79,719$23,2500.33
Oakland UniversityRochester Hills$14,694$62,359$81,070$26,0000.42
Grand Valley State UniversityAllendale$14,628$57,760$70,536$27,0000.47
University of Michigan-DearbornDearborn$14,944$57,102$69,612$31,0000.54
National Medianβ€”$45,703β€”$26,0000.57

Career Paths

Occupations commonly associated with business administration, management and operations graduates

Computer and Information Systems Managers

Plan, direct, or coordinate activities in such fields as electronic data processing, information systems, systems analysis, and computer programming.

$171,200/yrJobs growth:Bachelor's degree

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Compensation and Benefits Managers

Plan, direct, or coordinate compensation and benefits activities of an organization.

$140,360/yrJobs growth:Bachelor's degree

Human Resources Managers

Plan, direct, or coordinate human resources activities and staff of an organization.

$140,030/yrJobs growth:Bachelor's degree

Sales Managers

Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

$138,060/yrJobs growth:Bachelor's degree
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 Northern Michigan University, approximately 27% 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 63 graduates with reported earnings and 59 graduates with debt data. Small samples may not be representative.