Median Earnings (1yr)
$54,652
75th percentile
60th percentile in Iowa
Median Debt
$27,000
4% above national median

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

School1 Year4 YearsGrowth
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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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Wartburg CollegeWaverly$51,040$54,652$61,080$27,0000.49
Mount Mercy UniversityCedar Rapids$39,070$57,572$69,779$33,5830.58
Waldorf UniversityForest City$25,220$51,954$45,397$27,0000.52
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 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.