Median Earnings (1yr)
$54,652
75th percentile (60th in IA)
Median Debt
$27,000
4% above national median
Debt-to-Earnings
0.49
Manageable
Sample Size
86
Adequate data

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

Wartburg CollegeOther business/commerce programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Wartburg College graduates compare to all programs nationally

Wartburg College graduates earn $55k, placing them in the 75th percentile of all business/commerce bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Iowa

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

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Wartburg College$54,652$61,080$27,0000.49
Mount Mercy University$57,572$69,779$33,5830.58
Waldorf University$51,954$45,397$27,0000.52
Grand View University$51,251$51,189$27,0000.53
Buena Vista University$48,810—$22,9870.47
National Median$47,506—$26,0000.55

Other Business/Commerce Programs in Iowa

Compare tuition, earnings, and debt across Iowa schools

SchoolIn-State TuitionEarnings (1yr)Debt
Mount Mercy University
Cedar Rapids
$39,070$57,572$33,583
Waldorf University
Forest City
$25,220$51,954$27,000
Grand View University
Des Moines
$33,450$51,251$27,000
Buena Vista University
Storm Lake
$40,190$48,810$22,987

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.