Business Administration, Management and Operations at Northwestern College
Bachelor's Degree
Analysis
Northwestern College's business program graduates earn slightly above the national median but fall short of typical Iowa outcomes—a noteworthy gap in a state where this major is widely offered across 25 institutions. At $48,515, first-year earnings trail the Iowa median by about $500 and sit well below top state performers like William Penn ($62,162) and Iowa State ($57,188). The debt load of $23,250 is actually lower than both state and national averages, which keeps the financial picture manageable with a 0.48 debt-to-earnings ratio.
The tradeoff here is clear: you're getting a more affordable degree that doesn't command the premium earnings seen at other Iowa schools. Whether that matters depends on your child's career plans and alternatives. The lower debt means graduates aren't burdened, but they're also starting their careers $8,000-$14,000 behind peers from comparable Iowa programs. For families prioritizing cost containment, this works—especially since Northwestern's 87% admission rate makes it accessible.
One important caveat: the sample size here is small (under 30 graduates), so individual circumstances could skew these numbers. If your child is considering Northwestern, it's worth asking about career services and alumni networks in their specific business interest area, since the earnings gap suggests either different industry placements or regional employment patterns that might not match your expectations.
Where Northwestern College Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
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 Northwestern College graduates compare to all programs nationally
Northwestern College graduates earn $49k, placing them in the 60th percentile of all business administration, management and operations bachelors programs nationally.
Compare to Similar Programs in Iowa
Business Administration, Management and Operations bachelors's programs at peer institutions in Iowa (25 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Northwestern College | $48,515 | — | $23,250 | 0.48 |
| William Penn University | $62,162 | — | $27,000 | 0.43 |
| Saint Ambrose University | $60,163 | — | $35,135 | 0.58 |
| Iowa State University | $57,188 | $68,354 | $22,250 | 0.39 |
| Simpson College | $56,812 | $61,369 | $26,975 | 0.47 |
| Upper Iowa University | $55,854 | $55,601 | $34,453 | 0.62 |
| National Median | $45,703 | — | $26,000 | 0.57 |
Other Business Administration, Management and Operations Programs in Iowa
Compare tuition, earnings, and debt across Iowa schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| William Penn University Oskaloosa | $28,750 | $62,162 | $27,000 |
| Saint Ambrose University Davenport | $35,598 | $60,163 | $35,135 |
| Iowa State University Ames | $10,497 | $57,188 | $22,250 |
| Simpson College Indianola | $46,212 | $56,812 | $26,975 |
| Upper Iowa University Fayette | $19,000 | $55,854 | $34,453 |
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 Northwestern College, approximately 23% 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 24 graduates with reported earnings and 27 graduates with debt data. Small samples may not be representative.