Median Earnings (1yr)
$47,807
85th percentile (60th in MN)
Median Debt
$27,000
3% above national median
Debt-to-Earnings
0.56
Manageable
Sample Size
22
Limited data

Analysis

St. Olaf's teacher education graduates earn $47,807 in their first year—exceeding the national median by about $4,700 and placing them in the 85th percentile nationally. That's impressive for a teaching program. The $27,000 median debt sits right at Minnesota's state median and below the national average, creating a debt-to-earnings ratio of 0.56 that's quite manageable. Earnings climb to $53,320 by year four, showing 12% growth that suggests graduates are finding stable positions and moving up salary schedules.

Within Minnesota, however, the picture is more middling. St. Olaf lands at the 60th percentile among state programs, trailing schools like Concordia at Moorhead and Concordia-Saint Paul by a few hundred dollars. This makes sense given that teacher salaries are largely determined by district contracts rather than where you earned your degree. The real advantage here may be St. Olaf's selectivity (52% admission rate, 1373 SAT average) and the doors that opens—strong recommendations, a robust alumni network, and preparation that helps graduates land positions in competitive districts.

The small sample size (under 30 graduates) means these numbers could shift with more data, but the fundamentals look sound: manageable debt, solid starting salary, and steady growth. For families choosing between Minnesota teaching programs, St. Olaf delivers outcomes comparable to the state's top performers without creating excessive debt burden.

Where St Olaf College Stands

Earnings vs. debt across all teacher education and professional development, specific subject areas bachelors's programs nationally

St Olaf CollegeOther teacher education and professional development, specific subject areas 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 $48k, placing them in the 85th percentile of all teacher education and professional development, specific subject areas bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Minnesota

Teacher Education and Professional Development, Specific Subject Areas bachelors's programs at peer institutions in Minnesota (26 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
St Olaf College$47,807$53,320$27,0000.56
Concordia College at Moorhead$48,164$45,077$27,0000.56
Concordia University-Saint Paul$48,056$48,151——
Gustavus Adolphus College$47,250$49,123——
Metropolitan State University$46,490$51,544$27,9840.60
Bemidji State University$45,668$46,804$23,3890.51
National Median$43,082—$26,2210.61

Other Teacher Education and Professional Development, Specific Subject Areas Programs in Minnesota

Compare tuition, earnings, and debt across Minnesota schools

SchoolIn-State TuitionEarnings (1yr)Debt
Concordia College at Moorhead
Moorhead
$30,020$48,164$27,000
Concordia University-Saint Paul
Saint Paul
$25,000$48,056—
Gustavus Adolphus College
Saint Peter
$54,310$47,250—
Metropolitan State University
Saint Paul
$9,780$46,490$27,984
Bemidji State University
Bemidji
$10,164$45,668$23,389

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 22 graduates with reported earnings and 25 graduates with debt data. Small samples may not be representative.