Based on U.S. Department of Education data (October 2025 release). Some figures are estimates based on similar programs — see details below.
Analysis
A debt load around $25,000—typical for similar private institutions—paired with first-year earnings near $50,000 creates a manageable financial foundation for Elon's International Business graduates. While these figures come from comparable programs rather than Elon's own outcomes, the half-to-one debt-to-earnings ratio suggests graduates could reasonably handle their loans, assuming they enter their field promptly after graduation.
The estimated earnings align closely with what International Business majors typically earn nationally and slightly exceed the North Carolina median. For context, UNC Charlotte's program shows graduates earning about $53,000, while Appalachian State's sit closer to $44,000—placing this estimate in the middle of the state's range. However, Elon's tuition structure means students here are likely borrowing more than their public university counterparts, even if the debt estimate reflects similar private institutions. With only 9% of students receiving Pell grants, most families here arrive with financial resources, which may offset borrowing needs.
The real question is whether International Business as a field justifies private school tuition. The career path often requires geographic flexibility and additional credentials or languages to stand out—factors that could either accelerate or delay your investment's payoff. If your child has specific international career goals and Elon's study abroad programs align with those, the estimated outcomes suggest sustainability rather than risk. If they're still exploring options, the debt load becomes harder to justify without clearer direction.
Where Elon University Stands
Earnings vs. debt across all international business bachelors's programs nationally
Compare to Similar Programs in North Carolina
International Business bachelors's programs at peer institutions in North Carolina (10 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $44,536 | $49,890* | — | $25,000* | — | |
| $7,214 | $53,036* | $49,971 | $21,200* | 0.40 | |
| $7,541 | $43,989* | $73,504 | $26,930* | 0.61 | |
| National Median | — | $49,890* | — | $23,472* | 0.47 |
Career Paths
Occupations commonly associated with international business graduates
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Business Teachers, Postsecondary
Business Operations Specialists, All Other
Business Continuity Planners
Sustainability Specialists
Online Merchants
Security Management Specialists
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 Elon University, approximately 9% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 103 similar programs. Actual outcomes may vary.