Median Earnings (1yr)
$65,996
95th percentile (80th in MN)
Median Debt
$20,160
22% below national median
Debt-to-Earnings
0.31
Manageable
Sample Size
115
Adequate data

Analysis

The University of Minnesota-Twin Cities delivers remarkably strong outcomes for business majors while keeping debt manageable—first-year graduates earn $66,000 against just $20,160 in loans, a debt-to-earnings ratio of 0.31 that's far better than the national median. More impressive: these earnings place graduates in the 95th percentile nationally for business programs, crushing the $45,700 national median by over $20,000. Within Minnesota, this program holds the 80th percentile position, trailing only a few competitors while maintaining significantly lower debt than the state's $26,000 median.

The 15% earnings growth to $76,000 by year four suggests graduates are advancing into management roles rather than plateauing in entry-level positions. This trajectory matters for a flagship public university program where students gain access to Twin Cities employers—a major metro market where the Carlson School of Management's reputation carries weight. The relatively broad 77% admission rate means this isn't an impossibly selective program, yet outcomes rival or exceed more exclusive business schools.

For Minnesota families, this represents an unusually clear-cut decision: top-tier earnings with below-average debt at your state's flagship university. The combination of strong starting salaries, steady growth, and minimal loan burden makes this one of the strongest business program values in the region.

Where University of Minnesota-Twin Cities Stands

Earnings vs. debt across all business administration, management and operations bachelors's programs nationally

University of Minnesota-Twin CitiesOther business administration, management and operations 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 University of Minnesota-Twin Cities graduates compare to all programs nationally

University of Minnesota-Twin Cities graduates earn $66k, placing them in the 95th percentile of all business administration, management and operations 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

Business Administration, Management and Operations bachelors's programs at peer institutions in Minnesota (33 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Minnesota-Twin Cities$65,996$75,971$20,1600.31
Capella University$68,701$72,613$33,7500.49
Rasmussen University-Minnesota$59,693$56,566$37,3150.63
Concordia University-Saint Paul$59,044$63,736$27,0000.46
University of Minnesota-Crookston$58,805$72,627$27,4340.47
Walden University$57,220$59,374$48,5410.85
National Median$45,703—$26,0000.57

Other Business Administration, Management and Operations Programs in Minnesota

Compare tuition, earnings, and debt across Minnesota schools

SchoolIn-State TuitionEarnings (1yr)Debt
Capella University
Minneapolis
$14,436$68,701$33,750
Rasmussen University-Minnesota
St. Cloud
$10,899$59,693$37,315
Concordia University-Saint Paul
Saint Paul
$25,000$59,044$27,000
University of Minnesota-Crookston
Crookston
$13,120$58,805$27,434
Walden University
Minneapolis
$12,498$57,220$48,541

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-Twin Cities, approximately 17% 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 115 graduates with reported earnings and 110 graduates with debt data. Small samples may not be representative.