Median Earnings (1yr)
$45,146
95th percentile (60th in MN)
Median Debt
$27,000
2% above national median
Debt-to-Earnings
0.60
Manageable
Sample Size
20
Limited data

Analysis

St. Olaf's social work graduates earn substantially more than the national average—about $8,000 more in their first year—but that performance looks less impressive against Minnesota's surprisingly strong social work market. At $45,146, these graduates rank in the 95th percentile nationally but only the 60th percentile statewide, trailing several public universities like Metropolitan State ($47,637) and Bemidji State ($47,192) where graduates likely carry less debt and paid lower tuition.

The $27,000 median debt aligns with both state and national figures, creating a manageable 0.60 debt-to-earnings ratio. For a selective liberal arts college (52% admission rate, 1373 average SAT), St. Olaf appears to prepare social work students well, though whether that justifies the private school premium over Minnesota's public options deserves scrutiny. The small sample size (under 30 graduates) means these numbers could shift considerably year to year.

If your child is committed to social work specifically and values St. Olaf's campus culture, the outcomes are solid. But if return on investment is the primary concern, Minnesota's public universities deliver comparable or better first-year earnings at what's likely a lower cost. The deciding factor here isn't the program quality—it's whether St. Olaf's broader educational experience is worth potentially higher expenses for outcomes that Minnesota State schools match.

Where St Olaf College Stands

Earnings vs. debt across all social work bachelors's programs nationally

St Olaf CollegeOther social work programs

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 St Olaf College graduates compare to all programs nationally

St Olaf College graduates earn $45k, placing them in the 95th percentile of all social work bachelors programs nationally.

Compare to Similar Programs in Minnesota

Social Work bachelors's programs at peer institutions in Minnesota (17 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
St Olaf College$45,146—$27,0000.60
Metropolitan State University$47,637$47,860$29,6150.62
Bemidji State University$47,192$48,772$27,0000.57
Southwest Minnesota State University$46,368$44,189——
The College of Saint Scholastica$45,371$48,482$37,0590.82
Bethel University$45,259$45,919$25,0000.55
National Median$37,296—$26,3620.71

Other Social Work Programs in Minnesota

Compare tuition, earnings, and debt across Minnesota schools

SchoolIn-State TuitionEarnings (1yr)Debt
Metropolitan State University
Saint Paul
$9,780$47,637$29,615
Bemidji State University
Bemidji
$10,164$47,192$27,000
Southwest Minnesota State University
Marshall
$10,304$46,368—
The College of Saint Scholastica
Duluth
$40,454$45,371$37,059
Bethel University
Saint Paul
$42,930$45,259$25,000

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 St Olaf College, approximately 20% 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 20 graduates with reported earnings and 19 graduates with debt data. Small samples may not be representative.