Baylor University Business Administration (Bachelor's): Tuition, Graduate Salary, and Debt
- Bachelor's in Business Administration, Management and Operations
- Private nonprofit university
- Waco, TX
- About 223 graduates a year
College Scorecard June 2026 release · BLS wages May 2025
The short answer
Baylor University business administration graduates earn more than graduates of most business administration programs nationally, $63,438 in their first year. The typical graduate leaves with $22,866 in federal loans, close to the national median of $26,000. It is one of the higher-paying business administration degrees in Texas.
How it compares
Each figure is the median for graduates of the program. The Texas and national columns are the medians across all business administration bachelor's programs that report the figure.
Five years out, Baylor University graduates earn more than the national figure and about $17,730 more than the Texas median.
Debt and first-year pay at every Texas business administration program
Programs in the upper left give graduates higher pay for less debt. Dashed lines mark the Texas medians.
Hover over or tap a dot to see the school. Only programs that report both earnings and debt are shown.
What graduates earn over time
Pay rises about 21% between the first and fifth year.
Year 1 and year 5 figures come from different graduating classes, so the growth rate is an estimate.
Does family income change the outcome?
Graduates who received Pell Grants, which go to students from lower-income families, earned $4,189 less in their first year than other graduates. They also borrowed more. Students who expect to rely on grants should weigh this gap.
Paying back the loans
On a standard 10-year plan, the median debt means a payment of about $242 a month, or 4.6% of a graduate's typical monthly pay in the first year.
The government publishes these as ranges to protect privacy. They were measured in 2018 to 2020, partly during the pandemic pause on federal loan payments, so the forbearance share may be higher than usual. Separately, 44 parents took out Parent PLUS loans for these students, with a median of $72,972.
Where graduates work, and what the pay is worth
83% of graduates (119 of 144) were working in Texas one year after graduating. Prices in the Waco area are about 7% below the national average, so a $63,438 salary here buys what about $68,545 buys in a typical US city.
Careers this field leads to
These are the jobs that the federal crosswalk from fields of study to occupations links to business administration, largest first. Pay is the median across all experience levels.
General and Operations Managers
$103,230Median pay in Texas. 431,310 people work in this job in Texas. Nationally, jobs are projected to grow 5% from 2025 to 2035, with about 285,000 openings a year. Typical education to start: bachelor's degree, plus 5 years or more of related work experience.
First-Line Supervisors of Office and Administrative Support Workers
$64,940Median pay in Texas. 160,600 people work in this job in Texas. Nationally, jobs are projected to stay about the same in number from 2025 to 2035, with about 127,400 openings a year. Typical education to start: high school diploma or equivalent, plus less than 5 years of related work experience.
First-Line Supervisors of Retail Sales Workers
$46,280Median pay in Texas. 103,410 people work in this job in Texas. Nationally, jobs are projected to shrink 4% from 2025 to 2035, with about 113,500 openings a year. Typical education to start: high school diploma or equivalent, plus less than 5 years of related work experience.
Project Management Specialists
$98,440Median pay in Texas. 138,960 people work in this job in Texas. Nationally, jobs are projected to grow 7% from 2025 to 2035, with about 76,500 openings a year. Typical education to start: bachelor's degree.
About Baylor University
Business Administration ranks 10th of 45 bachelor's programs at Baylor University by first-year earnings. The top three are Sales and Merchandising ($84,271), Computer Science ($82,714), and Electrical Engineering ($82,475).
Other business administration bachelor's programs near Waco
Common questions
The median graduate earns $63,438 one year after graduating and $77,023 five years after. The median across business administration bachelor's programs in Texas is $44,084.
The median federal loan balance is $22,866, which ranks 28th lowest of 62 business administration bachelor's programs in Texas. That works out to about $242 a month over 10 years.
On the numbers, yes for most students. Debt equals 36% of first-year earnings, against a national median of 55%, and the share of borrowers in default two years into repayment is 10% or less. If the highest possible early salary is the main goal, several Texas programs report higher pay, usually with more debt.
Most do. 83% (119 of 144) were working in Texas one year after graduating.
About this data
- Earnings and debt only include students who received federal financial aid (grants or loans).
- Earnings only count graduates who were working and not enrolled in more school. Graduates who went straight to further study are not included.
- Debt only includes federal loans. Private loans and credit cards are not counted.
- Some schools with several campuses report one combined figure for all of them. We count each of those schools once, and leave them out of Texas comparisons when their main campus is in another state.
- Scorecard figures describe graduating classes from several years ago. BLS wages are from May 2025.
- School-level numbers like tuition, admission rate, and graduation rate are for the whole school, not the business administration program.
Sources
- U.S. Department of Education, College Scorecard, field of study and institution files, June 2026 release
- Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025
- Bureau of Labor Statistics, Employment Projections 2025 to 2035
- Bureau of Economic Analysis, Regional Price Parities, 2024
- NCES, CIP 2020 to SOC 2018 crosswalk, and IPEDS institution directory, 2024