Analysis
A $24,000 debt load for a teaching degree might sound manageable, but the earnings picture here demands a closer look. Similar bachelor's programs in education nationally produce first-year earnings around $38,660—notably lower than Nebraska's state median of $55,562 for education graduates. That's a substantial gap. Nebraska teachers at institutions like Bellevue University start near $68,730, while Midland graduates earn around $42,394. Without actual outcomes data from Peru State, it's unclear where their graduates fall within this wide range.
The 0.63 debt-to-earnings ratio based on comparable programs suggests reasonable financial footing if earnings align with national patterns, but that's a significant "if" in a state where education salaries vary dramatically by district and credential type. Teaching positions often require additional licensing beyond the bachelor's degree, and starting salaries depend heavily on where graduates secure employment—rural districts typically pay less than suburban areas near Omaha or Lincoln.
For parents considering Peru State specifically, the lack of reported outcomes makes this a judgment call about the institution's placement track record. Ask directly about where recent graduates are teaching and what they're earning in their first positions. The difference between landing a $68,000 position versus a $38,000 one fundamentally changes whether this investment makes sense, and you won't know which outcome is more likely here without school-specific data.
Where Peru State College Stands
Earnings vs. debt across all education bachelors's programs nationally
Compare to Similar Programs in Nebraska
Education bachelors's programs at peer institutions in Nebraska (5 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $8,280 | $38,660* | — | $24,333* | — | |
| $8,886 | $68,730* | — | $26,556* | 0.39 | |
| $40,270 | $42,394* | $44,888 | $27,000* | 0.64 | |
| National Median | — | $38,660* | — | $26,522* | 0.69 |
Career Paths
Occupations commonly associated with education graduates
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 Peru State College, approximately 34% 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 national median of 66 similar programs. Actual outcomes may vary.