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
Earnings Distribution
How St Olaf College graduates compare to all programs nationally
Compare to Similar Programs in Minnesota
Social Work bachelors's programs at peer institutions in Minnesota (17 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $56,970 | $45,146 | — | $27,000 | 0.60 | |
| $9,780 | $47,637 | $47,860 | $29,615 | 0.62 | |
| $10,164 | $47,192 | $48,772 | $27,000 | 0.57 | |
| $10,304 | $46,368 | $44,189 | — | — | |
| $40,454 | $45,371 | $48,482 | $37,059 | 0.82 | |
| $42,930 | $45,259 | $45,919 | $25,000 | 0.55 | |
| National Median | — | $37,296 | — | $26,362 | 0.71 |
Career Paths
Occupations commonly associated with social work graduates
Social Work Teachers, Postsecondary
Social and Community Service Managers
Probation Officers and Correctional Treatment Specialists
Marriage and Family Therapists
Child, Family, and School Social Workers
Healthcare Social Workers
Mental Health and Substance Abuse Social Workers
Social Workers, All Other
Counselors, All Other
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.