Est. Earnings (1yr)
$34,837
Est. from MI median (14 programs)
Est. Median Debt
$13,925
Est. from MI median (15 programs)

Analysis

Based on comparable business programs in Michigan, Lake Michigan College's associate degree appears to track close to the middle of the pack—estimated first-year earnings of $34,837 align almost exactly with the state median. That's reassuring consistency, though it means graduates are starting $6,000 to $8,000 behind peers at schools like Macomb or Lansing Community College where actual data shows stronger outcomes. The estimated debt load of $13,925 translates to a manageable 0.40 debt-to-earnings ratio, suggesting monthly payments that shouldn't overwhelm an entry-level business salary.

The challenge is that "business administration" at the associate level casts a wide net—these programs can lead to office management roles, retail supervision, or administrative positions with vastly different earning trajectories. Michigan's business job market varies dramatically by region, and Benton Harbor's economy differs considerably from metro Detroit or Grand Rapids where those higher-earning programs are located. Geography matters here more than the degree itself might suggest.

For families considering this program, the estimated financials look workable but unremarkable. The real question is what specific job your child is targeting and whether Lake Michigan College has placement relationships with employers in that sector. Without actual outcome data for this program, you're essentially betting on statewide averages holding true locally—a reasonable but uncertain proposition given the variation among Michigan's community colleges.

Where Lake Michigan College Stands

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

Compare to Similar Programs in Michigan

Business Administration, Management and Operations associates's programs at peer institutions in Michigan (43 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Lake Michigan CollegeBenton Harbor$5,265$34,837*$13,925*
Macomb Community CollegeWarren$3,600$43,491*$46,862$9,500*0.22
Lansing Community CollegeLansing$4,010$43,026*$37,632$17,248*0.40
Grand Rapids Community CollegeGrand Rapids$4,059$41,712*$38,923$13,925*0.33
Washtenaw Community CollegeAnn Arbor$2,736$41,152*$43,361$19,691*0.48
Baker CollegeOwosso$12,810$40,585*$40,078$23,937*0.59
National Median$33,977*$13,980*0.41
* Estimated from similar programs

Career Paths

Occupations commonly associated with business administration, management and operations graduates

Computer and Information Systems Managers

Plan, direct, or coordinate activities in such fields as electronic data processing, information systems, systems analysis, and computer programming.

$171,200/yrJobs growth:Bachelor's degree

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Compensation and Benefits Managers

Plan, direct, or coordinate compensation and benefits activities of an organization.

$140,360/yrJobs growth:Bachelor's degree

Human Resources Managers

Plan, direct, or coordinate human resources activities and staff of an organization.

$140,030/yrJobs growth:Bachelor's degree

Sales Managers

Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

$138,060/yrJobs growth:Bachelor's degree
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 Lake Michigan College, approximately 18% 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 median of 14 similar programs in MI. Actual outcomes may vary.