Analysis
Based on comparable business programs nationwide, Saint Mary's produces estimated first-year earnings around $50,740—a figure that looks solid until you compare it to what's happening elsewhere in Minnesota. The University of Minnesota-Crookston, the only other Minnesota school with reportable data for this major, shows graduates earning $82,115, suggesting a roughly $30,000 gap. That kind of difference matters when you're carrying $26,500 in debt, even though the debt-to-earnings ratio of 0.52 appears manageable on paper.
What's puzzling here is the four-year earnings figure of $46,754, which actually dips below the estimated first-year number. This could reflect reporting quirks or small sample sizes, but it raises questions about typical salary progression that peer data can't answer. The 89% admission rate and relatively low Pell grant enrollment (22%) suggest this isn't a particularly selective or economically diverse environment, which sometimes correlates with less robust career placement infrastructure.
The fundamental challenge: you're paying similar debt to what Minnesota business graduates typically carry ($29,062 statewide), but the earnings estimates suggest outcomes closer to national averages rather than Minnesota's stronger regional market. If your child has the option to attend a program with actual reported outcomes—particularly one closer to that $82,000 benchmark—the comparison becomes hard to ignore. Without transparent graduate data from Saint Mary's itself, you're essentially betting that their outcomes match the national peer group rather than underperforming it.
Where Saint Mary's University of Minnesota Stands
Earnings vs. debt across all business, management, marketing, bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Saint Mary's University of Minnesota | — | $46,754 | — |
| Elon University | $60,719 | $92,616 | +53% |
| Worcester Polytechnic Institute | $72,850 | $89,485 | +23% |
| Bentley University | $70,365 | $89,440 | +27% |
| New York University | $41,421 | $78,522 | +90% |
Compare to Similar Programs in Minnesota
Business, Management, Marketing, bachelors's programs at peer institutions in Minnesota (2 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $43,160 | $50,740* | $46,754 | $26,500* | — | |
| $13,120 | $82,115* | — | $29,062* | 0.35 | |
| National Median | — | $50,740* | — | $26,000* | 0.51 |
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 Saint Mary's University of Minnesota, approximately 22% 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 31 similar programs. Actual outcomes may vary.