Gustavus Adolphus College Business: earnings, debt & careers

Business graduates of Gustavus Adolphus College earn a median $79,260 four years after graduating ($49,881 after one year), with median federal loan debt of $25,625. That is $13,968 above the U.S. median for Business graduates ($65,292 across 241 colleges), and ranks 2nd of 3 Minnesota colleges.

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Earnings, 4 years after graduating
$79,260

U.S. median for this major: $65,292.

College Scorecard field of study; 55 graduates with earnings reported

Earnings, 1 year after
$49,881

Median for graduates who received federal aid.

College Scorecard field of study

Median debt at graduation
$25,625

About 32% of median earnings 4 years out. U.S. median $25,836.

College Scorecard field of study (federal loans)

What your family pays
$22,900 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $67,613. College Scorecard.

Gustavus Adolphus College Business: pay against the field, and payback

Same major, other colleges

Gustavus Adolphus College graduates$79,260
Minnesota median (3 colleges)$79,260 (+$0)
U.S. median (241 colleges)$65,292 (+$13,968)

Median earnings 4 years after graduating; state and U.S. figures are the median of each covered college's graduates in this major. College Scorecard; calculated by EducationGuide.

Business nationally: jobs, pay at ages 25-34, every state →

Cost to finish and years to pay back, by income

Uses Gustavus Adolphus College's school-wide net price (no college reports it by major) and this major's graduate earnings.

Family incomeNet price / yrCost to finishYears to pay back
$0–30k$12,015$50,2231.2 years
$30–48k$10,783$45,0731.1 years
$48–75k$13,875$57,9971.4 years
$75–110k$19,015$79,4831.9 years
$110k+$29,674$124,0373.0 years

Cost to finish = yearly price × 4.2 years, the average time graduates took (63% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of Business graduates 4 years after graduating ($79,260) minus $38,184 for high school graduates ages 25-34 in MN (Census ACS 2020-2024), a gain of $41,076 a year. Before taxes, loan interest and earnings given up while in school. Method

College Scorecard; IPEDS Graduation Rates; U.S. Census Bureau ACS. Calculated by EducationGuide.

Business at Minnesota colleges

Every Minnesota college we cover that reports Business graduate earnings, highest first. Net price is the school-wide average after grants.

RankCollegeEarnings, 4 yrsMedian debtAvg. net priceGraduation
1University of Minnesota-Twin Cities$84,516—$16,77885%
2Gustavus Adolphus College$79,260$25,625$22,90077%
3University of Minnesota-Duluth$70,334$23,250$18,74365%

3 more Minnesota colleges offer Business but have too few graduates to report earnings.

Careers for Business graduates

Management analyst

Mankato area$77,020
Minnesota$100,790
U.S.$101,860

Median annual wage, all workers. U.S. jobs +10.1% by 2035. Typical entry: bachelor's degree.

General and Operations Managers

Mankato area$86,890
Minnesota$99,340
U.S.$105,770

Median annual wage, all workers. U.S. jobs +5.0% by 2035. Typical entry: bachelor's degree.

Project Management Specialists

Mankato area$80,970
Minnesota$97,860
U.S.$102,320

Median annual wage, all workers. U.S. jobs +6.7% by 2035. Typical entry: bachelor's degree.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35. Careers from the federal major-to-occupation crosswalk.

What families pay at Gustavus Adolphus College, by income

School-wide average after grants for students receiving federal aid. Tap your band.

College Scorecard

About Gustavus Adolphus College

Related majors at Gustavus Adolphus College

Gustavus Adolphus College Business questions

How much do Gustavus Adolphus College Business graduates earn?

Business graduates of Gustavus Adolphus College earn a median $79,260 four years after graduating and $49,881 one year after. The U.S. median for Business graduates across 241 colleges is $65,292.

How much debt do Gustavus Adolphus College Business graduates have?

The median federal loan debt for Business graduates of Gustavus Adolphus College is $25,625, about 32% of their median earnings four years out. Nationally the median is $25,836.

Is Gustavus Adolphus College a good school for Business in Minnesota?

On pay, Business graduates of Gustavus Adolphus College earn $79,260 four years out, $0 above the median for the same major across 3 Minnesota colleges ($79,260) and $13,968 above the U.S. median ($65,292). Medians of each college's graduates; EducationGuide calculation from College Scorecard.

Where does Gustavus Adolphus College rank for Business in Minnesota?

Of 3 Minnesota colleges reporting Business graduate earnings, Gustavus Adolphus College ranks 2nd. The highest is University of Minnesota-Twin Cities at $84,516.

What jobs do Business graduates get?

A common career is management analyst, with a median wage of $77,020 in the Mankato, MN area and $101,860 nationally. Others include general and operations managers and project management specialists.

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Sources: U.S. Department of Education College Scorecard (field of study: median earnings and federal loan debt of graduates who received federal aid); BLS. How we score
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Cite this: “Gustavus Adolphus College Business: earnings, debt and careers,” EducationGuide.com, https://educationguide.com/colleges/gustavus-adolphus-college/majors/business (College Scorecard and BLS data).