Analysis
Benedict College's business program presents troubling economics that warrant serious reconsideration. Graduates earn just $28,419 in their first yearβless 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 cushionβmaking 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
Earnings Distribution
How Benedict College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Benedict College | $28,419 | $30,181 | +6% |
| Furman University | $49,008 | $64,242 | +31% |
| Citadel Military College of South Carolina | $50,004 | $63,953 | +28% |
| Anderson University | $49,754 | $62,201 | +25% |
| Charleston Southern University | $64,920 | $60,513 | -7% |
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)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $18,000 | $28,419 | $30,181 | $34,000 | 1.20 | |
| $31,030 | $64,920 | $60,513 | $27,000 | 0.42 | |
| $27,870 | $52,070 | $54,715 | $40,323 | 0.77 | |
| $12,570 | $50,004 | $63,953 | $22,726 | 0.45 | |
| $33,580 | $49,754 | $62,201 | $29,375 | 0.59 | |
| $58,312 | $49,008 | $64,242 | $19,500 | 0.40 | |
| National Median | β | $45,703 | β | $26,000 | 0.57 |
Career Paths
Occupations commonly associated with business administration, management and operations graduates
Computer and Information Systems Managers
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Compensation and Benefits Managers
Human Resources Managers
Sales Managers
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.