Business Administration, Management and Operations at Lake Superior College
Associate's Degree
Analysis
Lake Superior College's business associate's degree comes with a significant caveat: the data represents fewer than 30 graduates, making these numbers less reliable than typical program data. That said, the earnings picture looks stronger than average, particularly when compared nationally. At $41,301 in first-year earnings, graduates earn about $7,300 more than the national median for this degree—placing them in the 81st percentile nationally. Within Minnesota, however, this program sits right at the state median, suggesting that Minnesota community colleges generally produce strong outcomes for business graduates.
The debt load of $15,250 translates to a manageable 0.37 debt-to-earnings ratio, meaning graduates owe less than four months of their first-year salary. This is reasonable for an associate's degree and below Minnesota's typical debt for this program ($18,776). The concerning element is the flat earnings trajectory—essentially no growth between years one and four—which suggests graduates may hit a ceiling early without additional education or career pivots.
For families prioritizing immediate employability with minimal debt, this program appears viable, especially given that tuition at a Minnesota community college will likely be lower than the reported debt figure suggests. However, the small sample size means next year's outcomes could look quite different. If your student plans to transfer to a four-year program eventually, this could serve as an affordable stepping stone; if they're seeking long-term earnings growth with just an associate's degree, they should understand the limitations.
Where Lake Superior College Stands
Earnings vs. debt across all business administration, management and operations associates's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Lake Superior College graduates compare to all programs nationally
Lake Superior College graduates earn $41k, placing them in the 81th percentile of all business administration, management and operations associates programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Minnesota
Business Administration, Management and Operations associates's programs at peer institutions in Minnesota (33 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Lake Superior College | $41,301 | $41,707 | $15,250 | 0.37 |
| North Hennepin Community College | $47,361 | $49,089 | $21,210 | 0.45 |
| Dakota County Technical College | $45,143 | $52,946 | $18,649 | 0.41 |
| Rasmussen University-Minnesota | $43,736 | $45,005 | $25,555 | 0.58 |
| Rochester Community and Technical College | $43,642 | $46,223 | $14,640 | 0.34 |
| South Central College | $42,589 | $39,606 | — | — |
| National Median | $33,977 | — | $13,980 | 0.41 |
Other Business Administration, Management and Operations Programs in Minnesota
Compare tuition, earnings, and debt across Minnesota schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| North Hennepin Community College Brooklyn Park | $5,050 | $47,361 | $21,210 |
| Dakota County Technical College Rosemount | $6,419 | $45,143 | $18,649 |
| Rasmussen University-Minnesota St. Cloud | $10,899 | $43,736 | $25,555 |
| Rochester Community and Technical College Rochester | $6,359 | $43,642 | $14,640 |
| South Central College North Mankato | $6,146 | $42,589 | — |
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 Superior College, approximately 19% 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 16 graduates with reported earnings and 19 graduates with debt data. Small samples may not be representative.