Median Earnings (1yr)
$51,954
65th percentile
60th percentile in Iowa
Median Debt
$27,000
4% above national median

Analysis

Waldorf's business program starts stronger than most in Iowa, with first-year earnings matching the state median of $51,954 and beating the national average by nearly $4,500. Among Iowa's dozen business programs, this sits right at the 60th percentile—respectable positioning for a school with a 73% admission rate. The $27,000 debt load is typical for both state and national standards, creating a manageable 0.52 debt-to-earnings ratio in year one.

The significant concern here is what happens after that initial year: earnings drop 13% to $45,397 by year four, falling below the national average. This backward trajectory is unusual for business graduates, whose earnings typically grow as they gain experience and advance into management roles. It's unclear whether this reflects graduates changing careers, regional economic constraints in rural Iowa, or something specific to the program's outcomes. The moderate sample size (30-100 graduates) makes this pattern harder to interpret definitively.

For an Iowa family, this program offers a decent launching point at a price point that won't create crushing debt, but the earnings decline is troubling enough to warrant deeper investigation. Ask Waldorf directly about career support after graduation and where their business graduates work four years out—those answers will matter more than the promising first-year numbers suggest.

Where Waldorf University Stands

Earnings vs. debt across all business/commerce bachelors's programs nationally

Earnings Distribution

How Waldorf University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Waldorf University$51,954$45,397-13%
New York University$77,828$115,546+48%
Mount Mercy University$57,572$69,779+21%
Wartburg College$54,652$61,080+12%
Grand View University$51,251$51,189-0%

Compare to Similar Programs in Iowa

Business/Commerce bachelors's programs at peer institutions in Iowa (12 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Waldorf UniversityForest City$25,220$51,954$45,397$27,0000.52
Mount Mercy UniversityCedar Rapids$39,070$57,572$69,779$33,5830.58
Wartburg CollegeWaverly$51,040$54,652$61,080$27,0000.49
Grand View UniversityDes Moines$33,450$51,251$51,189$27,0000.53
Buena Vista UniversityStorm Lake$40,190$48,810$22,9870.47
National Median$47,506$26,0000.55

Career Paths

Occupations commonly associated with business/commerce graduates

Sales Managers

Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

$138,060/yrJobs growth:Bachelor's degree

Industrial Production Managers

Plan, direct, or coordinate the work activities and resources necessary for manufacturing products in accordance with cost, quality, and quantity specifications.

$121,440/yrJobs growth:Bachelor's degree

Quality Control Systems Managers

Plan, direct, or coordinate quality assurance programs. Formulate quality control policies and control quality of laboratory and production efforts.

$121,440/yrJobs growth:Bachelor's degree

Geothermal Production Managers

Manage operations at geothermal power generation facilities. Maintain and monitor geothermal plant equipment for efficient and safe plant operations.

$121,440/yrJobs growth:Bachelor's degree

Biofuels Production Managers

Manage biofuels production and plant operations. Collect and process information on plant production and performance, diagnose problems, and design corrective procedures.

$121,440/yrJobs growth:Bachelor's degree

Biomass Power Plant Managers

Manage operations at biomass power generation facilities. Direct work activities at plant, including supervision of operations and maintenance staff.

$121,440/yrJobs growth:Bachelor's degree

Hydroelectric Production Managers

Manage operations at hydroelectric power generation facilities. Maintain and monitor hydroelectric plant equipment for efficient and safe plant operations.

$121,440/yrJobs growth:Bachelor's degree

Construction Managers

Plan, direct, or coordinate, usually through subordinate supervisory personnel, activities concerned with the construction and maintenance of structures, facilities, and systems. Participate in the conceptual development of a construction project and oversee its organization, scheduling, budgeting, and implementation. Includes managers in specialized construction fields, such as carpentry or plumbing.

$106,980/yrJobs growth:Bachelor's degree

Administrative Services Managers

Plan, direct, or coordinate one or more administrative services of an organization, such as records and information management, mail distribution, and other office support services.

$106,880/yrJobs growth:Bachelor's degree

Facilities Managers

Plan, direct, or coordinate operations and functionalities of facilities and buildings. May include surrounding grounds or multiple facilities of an organization's campus.

$106,880/yrJobs growth:Bachelor's degree

Security Managers

Direct an organization's security functions, including physical security and safety of employees and facilities.

$106,880/yrJobs growth:Bachelor's degree

Chief Executives

Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

$105,350/yrJobs growth:Bachelor's degree
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 Waldorf University, approximately 34% 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 92 graduates with reported earnings and 111 graduates with debt data. Small samples may not be representative.