Analysis
At $20,750 in median debt, University of Northern Iowa's finance program costs about $8,000 less than the national median while delivering competitive earnings. The first-year salary of $52,759 sits right at Iowa's median for finance programs, meaning graduates achieve middle-of-the-pack outcomes while taking on significantly less debt than peers at other Iowa schools. That debt-to-earnings ratio of 0.39 is notably better than most finance programs nationally, translating to manageable monthly payments that won't strain early-career budgets.
The program's position within Iowa is telling: it ranks in the 60th percentile for earnings despite the state having several strong alternatives. While Drake ($62,049) and University of Iowa ($59,965) graduates earn more initially, they're also likely facing substantially higher debt loadsโa tradeoff worth examining closely. Northern Iowa's 19% earnings growth to $62,693 by year four shows solid progression, narrowing the gap with these pricier options.
For families prioritizing financial stability over prestige, this program delivers what matters: finance graduates who can cover their loans comfortably and build wealth. The combination of low debt and steady earnings growth makes this a practical path into banking, corporate finance, or financial planning without the financial stress that burdens graduates from more expensive programs.
Where University of Northern Iowa Stands
Earnings vs. debt across all finance and financial management services bachelors's programs nationally
Earnings Distribution
How University of Northern Iowa graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| University of Northern Iowa | $52,759 | $62,693 | +19% |
| Drake University | $62,049 | $81,311 | +31% |
| University of Iowa | $59,965 | $76,298 | +27% |
| Buena Vista University | $52,226 | $65,642 | +26% |
| Iowa State University | $56,974 | $64,793 | +14% |
Compare to Similar Programs in Iowa
Finance and Financial Management Services 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 | $52,759 | $62,693 | $20,750 | 0.39 | |
| $49,944 | $62,049 | $81,311 | $25,000 | 0.40 | |
| $10,964 | $59,965 | $76,298 | $23,165 | 0.39 | |
| $38,298 | $59,434 | $63,016 | $24,077 | 0.41 | |
| $10,497 | $56,974 | $64,793 | $21,750 | 0.38 | |
| $35,598 | $56,275 | $61,730 | โ | โ | |
| National Median | โ | $53,590 | โ | $23,332 | 0.44 |
Career Paths
Occupations commonly associated with finance and financial management services graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Personal Financial Advisors
Financial and Investment Analysts
Financial Risk Specialists
Budget Analysts
Business Teachers, Postsecondary
Insurance Underwriters
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.
Sample Size: Based on 146 graduates with reported earnings and 132 graduates with debt data. Small samples may not be representative.