Analysis
The small sample size here demands caution, but what we can see suggests UMN-Duluth's business program trails most Minnesota alternatives. Graduates earn $48,738 in their first year—actually above the national median, but notably below Minnesota's state median of $49,881. More concerning, this ranks in just the 40th percentile among the state's seven business programs, meaning six in ten Minnesota business programs produce higher-earning graduates. Meanwhile, Saint Cloud State's business grads earn nearly $11,000 more annually.
The debt picture is better but not great. At $23,250, graduates carry less than the national median, though still slightly below Minnesota's typical business program debt. The 0.48 debt-to-earnings ratio is manageable—graduates would need roughly half their first-year salary to pay off their loans—but this metric looks less favorable when you consider you could potentially earn more at other in-state options for similar or less debt.
For a Minnesota family, this program appears to offer middle-of-the-pack value. You're paying in-state tuition for below-state-median outcomes. If your student has stronger options among Minnesota's public universities—particularly Saint Cloud State—those merit serious consideration. However, if Duluth's location or campus culture is a strong draw and the debt load fits your family budget, the earnings are at least respectable enough to service the debt, even if they're not outstanding.
Where University of Minnesota-Duluth Stands
Earnings vs. debt across all business/commerce bachelors's programs nationally
Earnings Distribution
How University of Minnesota-Duluth graduates compare to all programs nationally
Compare to Similar Programs in Minnesota
Business/Commerce bachelors's programs at peer institutions in Minnesota (7 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $14,318 | $48,738 | — | $23,250 | 0.48 | |
| $10,117 | $59,378 | — | — | — | |
| $54,310 | $49,881 | $59,351 | $25,625 | 0.51 | |
| 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 University of Minnesota-Duluth, approximately 18% 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.