Analysis
Horry-Georgetown Technical College's business program delivers solid first-year earnings of $36,679—ranking in the 60th percentile among South Carolina business programs—but graduates see their income drop by 28% to just $26,486 within four years. This sharp decline is unusual for business graduates and suggests students may be taking entry-level positions that don't lead to career progression, or they're working in seasonal industries common to the coastal Myrtle Beach area.
The $26,100 debt load creates a complicated picture. While the debt-to-earnings ratio of 0.71 looks manageable based on first-year earnings, it becomes burdensome as income declines. The debt is roughly double the national median for business associate programs ($13,437), though it's typical for South Carolina, where technical college students often borrow more than their national counterparts.
For parents weighing this investment, the key question is whether their child has connections to stable employers in the region. The program's outcomes suggest graduates who find the right opportunities do fine initially, but many don't sustain those earnings. At 40% below national costs for similar debt levels, students might explore York Technical College or other SC programs where earnings hold steadier over time, or consider whether local employment connections could help their graduate buck the downward earnings trend.
Where Horry-Georgetown Technical College Stands
Earnings vs. debt across all business/commerce associates's programs nationally
Earnings Distribution
How Horry-Georgetown Technical 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 |
|---|---|---|---|
| Horry-Georgetown Technical College | $36,679 | $26,486 | -28% |
| Thomas More University | $83,571 | $68,202 | -18% |
| Indiana Wesleyan University-Marion | $49,463 | $54,966 | +11% |
| Strayer University-South Carolina | $44,154 | $47,516 | +8% |
| Piedmont Technical College | $33,486 | $36,670 | +10% |
Compare to Similar Programs in South Carolina
Business/Commerce associates's programs at peer institutions in South Carolina (16 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $4,468 | $36,679 | $26,486 | $26,100 | 0.71 | |
| $13,920 | $44,154 | $47,516 | $32,810 | 0.74 | |
| $5,512 | $33,870 | — | $11,000 | 0.32 | |
| $4,775 | $33,486 | $36,670 | $26,547 | 0.79 | |
| National Median | — | $36,591 | — | $13,437 | 0.37 |
Career Paths
Occupations commonly associated with business/commerce graduates
Sales Managers
Industrial Production Managers
Quality Control Systems Managers
Geothermal Production Managers
Biofuels Production Managers
Biomass Power Plant Managers
Hydroelectric Production Managers
Construction Managers
Administrative Services Managers
Facilities Managers
Security Managers
Chief Executives
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 Horry-Georgetown Technical College, approximately 39% 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 41 graduates with reported earnings and 41 graduates with debt data. Small samples may not be representative.