Analysis
Furman's business program shows an unusual pattern: graduates start slightly behind their in-state peers but end up substantially ahead. At $49,008 initially, new graduates earn just above South Carolina's median for business programs ($41,953), but by year four, they've surged to $64,242—outpacing not just the state median but also the national 75th percentile ($52,657). That 31% earnings growth suggests Furman graduates are competing successfully for advancement opportunities.
The debt picture reinforces this investment case. At $19,500, Furman students graduate with nearly $8,000 less debt than the typical South Carolina business major and $6,500 less than the national median. The 0.40 debt-to-earnings ratio means graduates can reasonably manage repayment even in that first year, and by year four, the ratio drops to a highly manageable 0.30. For context, while Furman doesn't crack the state's top tier in starting salaries—programs like Charleston Southern and Southern Wesleyan launch grads at higher pay—those schools typically come with higher debt loads or serve different student populations.
The moderate sample size suggests these numbers represent a consistent pattern rather than an outlier cohort. For families concerned about career trajectory rather than just starting salary, Furman delivers: lower debt, solid initial placement, and strong mid-career momentum that justifies the selective liberal arts premium.
Where Furman University Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
Earnings Distribution
How Furman University 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 |
|---|---|---|---|
| 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% |
| Clemson University | $47,260 | $58,834 | +24% |
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 |
|---|---|---|---|---|---|
| $58,312 | $49,008 | $64,242 | $19,500 | 0.40 | |
| $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 | |
| $12,688 | $47,993 | $57,877 | $26,000 | 0.54 | |
| National Median | — | $45,703 | — | $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 Furman University, approximately 11% 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 52 graduates with reported earnings and 47 graduates with debt data. Small samples may not be representative.