Analysis
The small sample size here is crucial context—with fewer than 30 graduates tracked, these numbers could shift dramatically year to year. That said, Ripon's business program starts graduates at $43,757, which falls below both the Wisconsin median ($45,624) and national average ($47,506), landing in just the 28th percentile nationally and 40th percentile statewide. The $27,000 in median debt is roughly average, but when paired with below-average starting earnings, it creates a debt-to-earnings ratio of 0.62—meaning graduates carry debt equal to about 7.5 months of their first-year salary.
The 23% earnings growth to $53,748 by year four is encouraging and helps close some of the initial gap, though graduates still trail the top Wisconsin business programs by significant margins. UW-Oshkosh business grads, for instance, start at $57,853—giving them a $14,000 head start that compounds over a career. For families considering Ripon's $53,000+ annual cost of attendance, the math becomes even trickier: private school pricing paired with middle-of-the-pack public school outcomes.
Given Wisconsin's public university system offers stronger business outcomes at lower in-state tuition rates, Ripon makes most sense for students who highly value the small liberal arts environment and have substantial aid packages. Otherwise, the numbers point toward exploring UW system alternatives where business programs consistently deliver stronger return on investment.
Where Ripon College Stands
Earnings vs. debt across all business/commerce bachelors's programs nationally
Earnings Distribution
How Ripon College 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 |
|---|---|---|---|
| Ripon College | $43,757 | $53,748 | +23% |
| University of Wisconsin-Whitewater | $49,965 | $57,999 | +16% |
| Saint Norbert College | $44,827 | $57,652 | +29% |
| University of Wisconsin-Parkside | $45,679 | $55,620 | +22% |
| Edgewood College | $45,413 | $54,284 | +20% |
Compare to Similar Programs in Wisconsin
Business/Commerce bachelors's programs at peer institutions in Wisconsin (12 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $50,700 | $43,757 | $53,748 | $27,000 | 0.62 | |
| $8,212 | $57,853 | — | — | — | |
| $32,794 | $52,065 | — | — | — | |
| $8,250 | $49,965 | $57,999 | $25,675 | 0.51 | |
| $7,855 | $45,679 | $55,620 | $20,996 | 0.46 | |
| $10,020 | $45,570 | $53,324 | $27,000 | 0.59 | |
| National Median | — | $47,506 | — | $26,000 | 0.55 |
Career Paths
Occupations commonly associated with business/commerce graduates
Sales Managers
Industrial Production Managers
Quality Control Systems Managers
Geothermal Production Managers
Biofuels Production Managers
Biomass Power Plant Managers
Hydroelectric Production Managers
Construction Managers
Administrative Services Managers
Facilities Managers
Security Managers
Chief Executives
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 Ripon College, approximately 33% 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 29 graduates with reported earnings and 36 graduates with debt data. Small samples may not be representative.