Analysis
Looking at Iowa's business degree landscape, University of Northern Iowa appears to position itself right in the middle of the state pack. Similar programs across Iowa suggest first-year earnings around $51,954—roughly $4,500 above the national median for business bachelor's degrees. That's a meaningful premium, though it trails what graduates from Mount Mercy and Wartburg have reported earning.
The estimated debt of $23,624 works in UNI's favor. That's about $3,400 below Iowa's typical business program debt and $2,400 below the national median. A debt-to-earnings ratio of 0.45 means graduates would theoretically need less than half their first year's salary to cover what they borrowed—a workable number by most standards. The real question is whether UNI's outcomes match its peer programs, since these figures come from comparable schools rather than UNI's specific track record.
For a parent weighing options, UNI combines reasonable access (94% admission rate) with what appears to be a solid middle-tier investment based on state patterns. The relatively modest debt load provides breathing room if your child needs time to find their footing professionally. Just recognize you're betting on UNI performing roughly like other Iowa business programs rather than having hard evidence of its graduates' actual outcomes. If you can get similar data transparency from competing schools—particularly those reporting actual earnings above $52,000—that comparison becomes crucial.
Where University of Northern Iowa Stands
Earnings vs. debt across all business/commerce bachelors's programs nationally
Compare to Similar Programs in Iowa
Business/Commerce bachelors's programs at peer institutions in Iowa (12 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $9,728 | $51,954* | — | $23,624* | — | |
| $39,070 | $57,572* | $69,779 | $33,583* | 0.58 | |
| $51,040 | $54,652* | $61,080 | $27,000* | 0.49 | |
| $25,220 | $51,954* | $45,397 | $27,000* | 0.52 | |
| $33,450 | $51,251* | $51,189 | $27,000* | 0.53 | |
| $40,190 | $48,810* | — | $22,987* | 0.47 | |
| 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 Northern Iowa, approximately 24% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 5 similar programs in IA. Actual outcomes may vary.