Median Earnings (1yr)
$28,419
5th percentile (10th in SC)
Median Debt
$34,000
31% above national median
Debt-to-Earnings
1.20
Elevated
Sample Size
52
Adequate data

Analysis

Benedict College's business program presents troubling economics that warrant serious reconsideration. Graduates earn just $28,419 in their first year—less than half the state median of $42,000 for business majors and landing in the 10th percentile among South Carolina's 34 business programs. That initial salary barely edges above the poverty line for a family of four, yet students typically carry $34,000 in debt, creating a debt-to-earnings ratio of 1.20 that will strain monthly budgets significantly.

The modest 6% earnings growth to $30,181 by year four offers little relief. Compare this trajectory to top South Carolina business programs like Charleston Southern ($65,000) or even the state median ($42,000), and the gap is stark. With 63% of Benedict students receiving Pell grants, many come from families with limited financial cushion—making this debt burden particularly risky for a degree that isn't opening doors to middle-class earnings.

If your child is set on Benedict for community or support reasons, consider whether the business major specifically makes sense, or if they might find stronger outcomes in a different field. Otherwise, South Carolina has dozens of business programs delivering substantially better returns. This particular path leaves graduates earning below what many jobs require no degree at all, while carrying debt that will take years to repay.

Where Benedict College Stands

Earnings vs. debt across all business administration, management and operations bachelors's programs nationally

Benedict CollegeOther business administration, management and operations 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 Benedict College graduates compare to all programs nationally

Benedict College graduates earn $28k, placing them in the 5th percentile of all business administration, management and operations 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 South Carolina

Business Administration, Management and Operations bachelors's programs at peer institutions in South Carolina (34 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Benedict College$28,419$30,181$34,0001.20
Charleston Southern University$64,920$60,513$27,0000.42
Southern Wesleyan University$52,070$54,715$40,3230.77
Citadel Military College of South Carolina$50,004$63,953$22,7260.45
Anderson University$49,754$62,201$29,3750.59
Furman University$49,008$64,242$19,5000.40
National Median$45,703—$26,0000.57

Other Business Administration, Management and Operations Programs in South Carolina

Compare tuition, earnings, and debt across South Carolina schools

SchoolIn-State TuitionEarnings (1yr)Debt
Charleston Southern University
Charleston
$31,030$64,920$27,000
Southern Wesleyan University
Central
$27,870$52,070$40,323
Citadel Military College of South Carolina
Charleston
$12,570$50,004$22,726
Anderson University
Anderson
$33,580$49,754$29,375
Furman University
Greenville
$58,312$49,008$19,500

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 Benedict College, approximately 63% 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.