Median Earnings (1yr)
$31,449
5th percentile (25th in SC)
Median Debt
$26,146
1% above national median
Debt-to-Earnings
0.83
Manageable
Sample Size
25
Limited data

Analysis

Earning just over $31,000 one year after graduation puts Converse's business graduates roughly $10,000 below the South Carolina median and $14,000 below the national average—that's the 5th percentile nationally. Even accounting for the small sample size (under 30 graduates), this represents a significant earnings disadvantage compared to business programs at peer South Carolina schools like Anderson University ($49,754) or even the state median ($41,953).

The debt level itself isn't unusually high at $26,146, sitting near both state and national medians. The problem is what graduates earn relative to that debt. With a 0.83 debt-to-earnings ratio, the typical graduate owes nearly as much as they'll make in their entire first year—a challenging financial position that suggests extended repayment timelines. Among the 34 business programs in South Carolina, this ranks in just the 25th percentile for earnings, meaning three-quarters of in-state alternatives show stronger outcomes.

The small cohort size means individual circumstances could be skewing these results—a few graduates pursuing non-profit work or graduate school could dramatically affect the median. However, the gap is substantial enough that parents should seriously investigate why Converse graduates trail so far behind. For a business degree specifically, where ROI is typically strong, this program doesn't deliver the earnings boost most families expect from this major.

Where Converse University Stands

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

Converse UniversityOther 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 Converse University graduates compare to all programs nationally

Converse University graduates earn $31k, placing them in the 5th percentile of all business administration, management and operations bachelors programs nationally.

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
Converse University$31,449—$26,1460.83
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 Converse University, approximately 41% 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.

Sample Size: Based on 25 graduates with reported earnings and 24 graduates with debt data. Small samples may not be representative.