Analysis
First-year earnings of $94,041 place UT Austin's business program in an extraordinary position—among the very top nationally and far ahead of every other program in Texas with reported outcomes. While the debt figure here is estimated from similar programs in the state rather than actual graduate outcomes, the more important story is the earning power this degree delivers. Even if actual debt runs somewhat higher than the $23,750 estimate, the program's graduates are entering the workforce earning nearly double the national median for business majors and roughly $20,000 more than graduates from Baylor, the closest competitor in Texas with published data.
The debt-to-earnings ratio of 0.25 suggests graduates could theoretically pay off their loans in about three months of earnings—a calculation that holds even if the actual debt figure differs meaningfully from the estimate. What matters more is that UT Austin's business program is producing outcomes that justify nearly any reasonable level of undergraduate debt. The combination of strong academic selectivity (29% admission rate, 1380 average SAT) and what appears to be exceptional employer demand creates a dramatically different value proposition than most business programs.
For parents, the key question isn't whether this investment makes sense—it almost certainly does if your child can gain admission and handle the academic rigor. The real consideration is whether alternative paths (scholarships at other schools, starting salaries in specific industries your child targets) might close this earnings gap enough to matter.
Where The University of Texas at Austin Stands
Earnings vs. debt across all business/commerce bachelors's programs nationally
Earnings Distribution
How The University of Texas at Austin graduates compare to all programs nationally
Compare to Similar Programs in Texas
Business/Commerce bachelors's programs at peer institutions in Texas (41 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $11,678 | $94,041 | — | $23,750* | — | |
| $54,844 | $74,886 | $90,608 | $15,000* | 0.20 | |
| $36,690 | $60,641 | $71,368 | $38,138* | 0.63 | |
| $17,488 | $57,020 | $56,664 | $47,236* | 0.83 | |
| $7,746 | $56,494 | $70,808 | $23,766* | 0.42 | |
| $13,920 | $55,431 | $59,763 | $56,517* | 1.02 | |
| National Median | — | $47,506 | — | $26,000* | 0.55 |
Career Paths
Occupations commonly associated with business/commerce graduates
Sales Managers
Industrial Production Managers
Quality Control Systems Managers
Geothermal Production Managers
Biofuels Production Managers
Biomass Power Plant Managers
Hydroelectric Production Managers
Construction Managers
Administrative Services Managers
Facilities Managers
Security Managers
Chief Executives
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 The University of Texas at Austin, approximately 25% 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 23 graduates with reported earnings and 13 graduates with debt data. Small samples may not be representative.