Business Administration, Management and Operations at University of Phoenix-Arizona

University of Phoenix's Business Administration program delivers strong initial earnings—$58,268 puts graduates in the 93rd percentile nationally, well above the national median of $45,703. However, this premium comes with a significant cost: median debt of $42,386 is nearly double both the national ($26,000) and Arizona ($24,796) medians for this program type.

The value proposition becomes more concerning when you examine the full picture. Despite strong initial earnings, graduate salaries actually decline by year four, dropping to $56,533—a troubling pattern that suggests the early salary advantage may not be sustainable. Within Arizona, the program ranks only in the 60th percentile, meaning graduates earn just $4,500 more than the state median while carrying $17,600 more debt. Top Arizona programs like Arizona State and Embry-Riddle produce higher earners with typically lower debt burdens.

The debt-to-earnings ratio of 0.73 is manageable but reflects the premium pricing of this for-profit model. With 45% of students receiving Pell grants, the program serves many students who may be particularly debt-sensitive. Given the negative earnings growth and the availability of stronger programs within Arizona at lower cost, this represents a questionable investment despite the strong initial placement numbers.