Program Analysis
Graduates earn $47,806/yr, roughly in line with the $46,892 national median for Business Administration. The value proposition here depends on cost, not earnings.
An earnings multiple of 3.4x means ten-year projected earnings exceed tuition, but not by a dramatic margin. Returns are positive but modest.
Some AI exposure exists in Business Administration's typical career paths, with 47% of job tasks potentially affected. The pessimistic scenario still projects solid returns, with a 14% gap from the optimistic case.
With first-year pay of $47,806 far exceeding the $17,053 median debt, the payback timeline is measured in months, not years.
At #581 of 1,169 Business Administration programs, Drake University scores above the median — competitive but not a standout.
Five-year earnings of $81,031 show a 69% jump from the $47,806 starting point — strong upward trajectory suggesting real career acceleration.