Analysis
Wartburg's business graduates earn $54,652 in their first year—about $7,000 more than the national median for business majors and roughly $2,700 above Iowa's state median. Among Iowa's dozen business programs, this ranks solidly in the 60th percentile, trailing only Mount Mercy among schools with similar accessibility. The $27,000 median debt translates to a manageable debt-to-earnings ratio of 0.49, meaning graduates typically owe about half their starting salary.
The earnings trajectory looks stable, with graduates seeing 12% income growth to $61,080 by year four. That's solid progression for a business degree from a small liberal arts college with a 99% acceptance rate. The program punches above its weight nationally—hitting the 75th percentile for business earnings despite Wartburg's open-door admissions and modest SAT averages.
For Iowa families, this represents a practical path into business careers without gambling on prestige. The debt load sits right at the state median while delivering above-median earnings, which means your child gets better outcomes than most Iowa business students for the same price. Just understand you're paying for solid regional opportunities, not Wall Street recruitment.
Where Wartburg College Stands
Earnings vs. debt across all business/commerce bachelors's programs nationally
Earnings Distribution
How Wartburg College 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 |
|---|---|---|---|
| Wartburg College | $54,652 | $61,080 | +12% |
| New York University | $77,828 | $115,546 | +48% |
| Mount Mercy University | $57,572 | $69,779 | +21% |
| Grand View University | $51,251 | $51,189 | -0% |
| Waldorf University | $51,954 | $45,397 | -13% |
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 |
|---|---|---|---|---|---|
| $51,040 | $54,652 | $61,080 | $27,000 | 0.49 | |
| $39,070 | $57,572 | $69,779 | $33,583 | 0.58 | |
| $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 Wartburg College, approximately 21% 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 86 graduates with reported earnings and 93 graduates with debt data. Small samples may not be representative.