Analysis
Lees-McRae's business program shows concerning early outcomes but a puzzling recovery trajectory. Graduates start at just $33,292—ranking in the 5th percentile nationally and 25th within North Carolina—yet somehow reach $53,864 by year four. That 62% earnings jump is remarkable, but with a sample size under 30 students, these numbers could easily reflect a few outliers rather than a reliable pattern.
The $18,500 debt load offers one silver lining: it's roughly $8,000 below typical North Carolina business programs and among the lowest nationally (5th percentile for debt). That modest borrowing cushions the blow of weak starting salaries, creating a debt-to-earnings ratio of 0.56 that's manageable despite the rocky launch. Still, when UNC-Chapel Hill business grads start at $85,618 and even mid-tier programs like University of Mount Olive produce $48,751 first-year earners, the 37% of Lees-McRae students on Pell grants face a steep initial disadvantage in the job market.
The small sample size makes this particularly risky. If those strong year-four numbers represent just a handful of successful graduates while others struggle, you're gambling on outlier outcomes. For families without financial cushion to weather that $33,000 starting salary, North Carolina offers dozens of business programs with more predictable early earnings—even if it means taking on slightly more debt.
Where Lees-McRae College Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
Earnings Distribution
How Lees-McRae 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 |
|---|---|---|---|
| Lees-McRae College | $33,292 | $53,864 | +62% |
| University of North Carolina at Chapel Hill | $85,618 | $105,246 | +23% |
| North Carolina State University at Raleigh | $56,877 | $69,742 | +23% |
| Queens University of Charlotte | $54,032 | $64,491 | +19% |
| University of North Carolina Wilmington | $48,369 | $63,879 | +32% |
Compare to Similar Programs in North Carolina
Business Administration, Management and Operations bachelors's programs at peer institutions in North Carolina (52 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $31,140 | $33,292 | $53,864 | $18,500 | 0.56 | |
| $8,989 | $85,618 | $105,246 | $14,339 | 0.17 | |
| $8,895 | $56,877 | $69,742 | $20,000 | 0.35 | |
| $43,285 | $54,032 | $64,491 | $23,250 | 0.43 | |
| $43,936 | $48,955 | $52,241 | $23,500 | 0.48 | |
| $25,950 | $48,751 | $50,645 | $35,500 | 0.73 | |
| 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 Lees-McRae College, approximately 37% 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 24 graduates with reported earnings and 32 graduates with debt data. Small samples may not be representative.