Median Earnings (1yr)
$78,796
95th percentile
Median Debt
$20,500
10% below national median

Analysis

UW-Madison's Insurance program launches graduates into remarkably strong starting salaries—$78,796 within a year of graduation, nearly $30,000 above the national median for insurance majors and ranking in the 95th percentile nationally. The $20,500 in typical debt creates an exceptionally manageable debt-to-earnings ratio of 0.26, meaning graduates earn their entire debt load in just over three months. By year four, median earnings reach $96,327, representing 22% growth and putting graduates on track for six-figure incomes.

The Wisconsin context adds an interesting wrinkle: while this program dominates nationally, it sits at the 60th percentile among Wisconsin's two insurance programs. That's not a warning sign—it simply reflects the reality that Madison's only in-state competitor (UW-La Crosse at $52,242) earns substantially less. Madison graduates are out-earning their Wisconsin peers by over $26,000, which more than justifies any differential in program selectivity or cost.

For parents weighing this specialized business degree, the numbers paint a clear picture: strong immediate earnings, controlled debt, and consistent growth. The program combines Madison's academic reputation with direct entry into a well-compensated field. If your student has interest in risk management or actuarial work, this represents one of the strongest insurance programs in the country with concrete returns that begin immediately after graduation.

Where University of Wisconsin-Madison Stands

Earnings vs. debt across all insurance bachelors's programs nationally

Earnings Distribution

How University of Wisconsin-Madison graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
University of Wisconsin-Madison$78,796$96,327+22%
St. John's University-New York$70,752$85,642+21%
Temple University$66,080$78,623+19%
Florida State University$61,071$78,449+28%
Saint Joseph's University - Philadelphia$66,523$78,262+18%

Compare to Similar Programs in Wisconsin

Insurance bachelors's programs at peer institutions in Wisconsin (2 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Wisconsin-MadisonMadison$11,205$78,796$96,327$20,5000.26
University of Wisconsin-La CrosseLa Crosse$9,651$52,242$20,2500.39
National Median$55,819$22,7280.41

Career Paths

Occupations commonly associated with insurance graduates

Compensation and Benefits Managers

Plan, direct, or coordinate compensation and benefits activities of an organization.

$140,360/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Insurance Underwriters

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

$79,880/yrJobs growth:Bachelor's degree

Compensation, Benefits, and Job Analysis Specialists

Conduct programs of compensation and benefits and job analysis for employer. May specialize in specific areas, such as position classification and pension programs.

$77,020/yrJobs growth:Bachelor's degree

Claims Adjusters, Examiners, and Investigators

Review settled claims to determine that payments and settlements are made in accordance with company practices and procedures. Confer with legal counsel on claims requiring litigation. May also settle insurance claims.

$76,790/yrJobs growth:

Insurance Appraisers, Auto Damage

Appraise automobile or other vehicle damage to determine repair costs for insurance claim settlement. Prepare insurance forms to indicate repair cost or cost estimates and recommendations. May seek agreement with automotive repair shop on repair costs.

$76,790/yrJobs growth:

Insurance Sales Agents

Sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as an independent broker, or be employed by an insurance company.

$60,370/yrJobs growth:High school diploma or equivalent

Appraisers of Personal and Business Property

Appraise and estimate the fair value of tangible personal or business property, such as jewelry, art, antiques, collectibles, and equipment. May also appraise land.

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 Wisconsin-Madison, approximately 15% 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 94 graduates with reported earnings and 81 graduates with debt data. Small samples may not be representative.