Median Earnings (1yr)
$47,596
50th percentile
60th percentile in Kentucky
Median Debt
$31,000
19% above national median

Analysis

Spalding's business program punches above its weight in Kentucky, placing in the 60th percentile statewide with graduates earning $47,596 initiallyβ€”about $6,300 more than the typical Kentucky business graduate. While this trails Sullivan University's $56,432 and University of Kentucky's $49,431, it matches the national median almost exactly, which is notable given Spalding's open admission policy and modest SAT averages. The $31,000 median debt is higher than the state median but remains manageable, translating to a debt-to-earnings ratio of 0.65.

The troubling element here is the complete absence of earnings growth: graduates make essentially the same salary four years out as they did one year out. This stagnation suggests limited advancement opportunities or perhaps graduates settling into stable but flat-trajectory positions. For context, most business programs show meaningful salary progression during this critical early-career period when professionals typically move from entry-level roles into positions with greater responsibility.

For families prioritizing immediate employment over long-term growth potential, this program delivers solid first-year outcomes, particularly for students staying in Kentucky where it outperforms most competitors. However, if your child is ambitious about climbing the corporate ladder or eventually reaching upper-middle-class earnings, the earnings ceiling appears lower here than at comparable programs.

Where Spalding University Stands

Earnings vs. debt across all business/commerce bachelors's programs nationally

Earnings Distribution

How Spalding University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Spalding University$47,596$47,782+0%
Transylvania University$31,614$64,225+103%
Northern Kentucky University$48,654$61,090+26%
Sullivan University$56,432$59,618+6%
University of Kentucky$49,431$59,354+20%

Compare to Similar Programs in Kentucky

Business/Commerce bachelors's programs at peer institutions in Kentucky (21 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Spalding UniversityLouisville$27,850$47,596$47,782$31,0000.65
Sullivan UniversityLouisville$14,220$56,432$59,618$43,6250.77
University of KentuckyLexington$13,212$49,431$59,354$23,0550.47
Northern Kentucky UniversityHighland Heights$10,896$48,654$61,090$30,7500.63
University of the CumberlandsWilliamsburg$9,875$46,242$51,203$21,2190.46
Berea CollegeBerea$49,326$44,627$52,009β€”β€”
National Medianβ€”$47,506β€”$26,0000.55

Career Paths

Occupations commonly associated with business/commerce graduates

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

Industrial Production Managers

Plan, direct, or coordinate the work activities and resources necessary for manufacturing products in accordance with cost, quality, and quantity specifications.

$121,440/yrJobs growth:Bachelor's degree

Quality Control Systems Managers

Plan, direct, or coordinate quality assurance programs. Formulate quality control policies and control quality of laboratory and production efforts.

$121,440/yrJobs growth:Bachelor's degree

Geothermal Production Managers

Manage operations at geothermal power generation facilities. Maintain and monitor geothermal plant equipment for efficient and safe plant operations.

$121,440/yrJobs growth:Bachelor's degree

Biofuels Production Managers

Manage biofuels production and plant operations. Collect and process information on plant production and performance, diagnose problems, and design corrective procedures.

$121,440/yrJobs growth:Bachelor's degree

Biomass Power Plant Managers

Manage operations at biomass power generation facilities. Direct work activities at plant, including supervision of operations and maintenance staff.

$121,440/yrJobs growth:Bachelor's degree

Hydroelectric Production Managers

Manage operations at hydroelectric power generation facilities. Maintain and monitor hydroelectric plant equipment for efficient and safe plant operations.

$121,440/yrJobs growth:Bachelor's degree

Construction Managers

Plan, direct, or coordinate, usually through subordinate supervisory personnel, activities concerned with the construction and maintenance of structures, facilities, and systems. Participate in the conceptual development of a construction project and oversee its organization, scheduling, budgeting, and implementation. Includes managers in specialized construction fields, such as carpentry or plumbing.

$106,980/yrJobs growth:Bachelor's degree

Administrative Services Managers

Plan, direct, or coordinate one or more administrative services of an organization, such as records and information management, mail distribution, and other office support services.

$106,880/yrJobs growth:Bachelor's degree

Facilities Managers

Plan, direct, or coordinate operations and functionalities of facilities and buildings. May include surrounding grounds or multiple facilities of an organization's campus.

$106,880/yrJobs growth:Bachelor's degree

Security Managers

Direct an organization's security functions, including physical security and safety of employees and facilities.

$106,880/yrJobs growth:Bachelor's degree

Chief Executives

Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

$105,350/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 Spalding University, approximately 36% 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 37 graduates with reported earnings and 40 graduates with debt data. Small samples may not be representative.