Business Administration, Management and Operations at Lake Michigan College
Associate's Degree
lakemichigancollege.eduAnalysis
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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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $5,265 | $34,837* | — | $13,925* | — | |
| $3,600 | $43,491* | $46,862 | $9,500* | 0.22 | |
| $4,010 | $43,026* | $37,632 | $17,248* | 0.40 | |
| $4,059 | $41,712* | $38,923 | $13,925* | 0.33 | |
| $2,736 | $41,152* | $43,361 | $19,691* | 0.48 | |
| $12,810 | $40,585* | $40,078 | $23,937* | 0.59 | |
| National Median | — | $33,977* | — | $13,980* | 0.41 |
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 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.