Median Earnings (1yr)
$69,776
23rd percentile
40th percentile in North Carolina
Median Debt
$23,125
14% below national median

Analysis

Lees-McRae's nursing graduates start at nearly $70,000—respectable for North Carolina but below what you'd see at most competing programs in the state. The program lands at the 40th percentile among NC nursing schools, trailing not just Duke but also public options like NC Central and several other private institutions by $3,000-$13,000 annually. Against national benchmarks, the gap widens further, placing graduates in just the 23rd percentile.

The debt picture adds another layer of concern. At $23,125, the amount itself is manageable with a debt-to-earnings ratio of 0.33, but this figure sits in the 80th percentile nationally—meaning most comparable nursing programs saddle students with less debt for better outcomes. When graduates at Chamberlain-North Carolina or University of Mount Olive earn $11,000-$13,000 more right out of the gate with similar debt levels, the value equation tilts against Lees-McRae.

With only 5% earnings growth over four years, graduates aren't making up ground through experience. For families weighing this program against North Carolina's many nursing options, the combination of below-median starting salaries and above-average debt creates an uphill financial climb. Unless your child has compelling reasons to attend this specific institution—location, campus culture, or a substantial financial aid package—other NC nursing programs offer better returns on investment.

Where Lees-McRae College Stands

Earnings vs. debt across all registered nursing, nursing administration, nursing research and clinical nursing 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

School1 Year4 YearsGrowth
Lees-McRae College$69,776$72,955+5%
Chamberlain University-North Carolina$83,188$81,995-1%
South University-High Point$77,635$78,626+1%
University of Mount Olive$81,493$78,472-4%
Cabarrus College of Health Sciences$73,944$75,076+2%

Compare to Similar Programs in North Carolina

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing bachelors's programs at peer institutions in North Carolina (33 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Lees-McRae CollegeBanner Elk$31,140$69,776$72,955$23,1250.33
Chamberlain University-North CarolinaCharlotte$19,686$83,188$81,995$39,1460.47
University of Mount OliveMount Olive$25,950$81,493$78,472$27,0940.33
South University-High PointHigh Point$20,650$77,635$78,626$41,8150.54
Duke UniversityDurham$65,805$77,288$71,426$29,0000.38
North Carolina Central UniversityDurham$6,542$76,142$73,033$40,0000.53
National Median$74,888$27,0000.36

Career Paths

Occupations commonly associated with registered nursing, nursing administration, nursing research and clinical nursing graduates

Nurse Anesthetists

Administer anesthesia, monitor patient's vital signs, and oversee patient recovery from anesthesia. May assist anesthesiologists, surgeons, other physicians, or dentists. Must be registered nurses who have specialized graduate education.

$132,050/yrJobs growth:Master's degree

Nurse Midwives

Diagnose and coordinate all aspects of the birthing process, either independently or as part of a healthcare team. May provide well-woman gynecological care. Must have specialized, graduate nursing education.

$132,050/yrJobs growth:Master's degree

Nurse Practitioners

Diagnose and treat acute, episodic, or chronic illness, independently or as part of a healthcare team. May focus on health promotion and disease prevention. May order, perform, or interpret diagnostic tests such as lab work and x rays. May prescribe medication. Must be registered nurses who have specialized graduate education.

$132,050/yrJobs growth:Master's degree

Medical and Health Services Managers

Plan, direct, or coordinate medical and health services in hospitals, clinics, managed care organizations, public health agencies, or similar organizations.

$117,960/yrJobs growth:Bachelor's degree

Registered Nurses

Assess patient health problems and needs, develop and implement nursing care plans, and maintain medical records. Administer nursing care to ill, injured, convalescent, or disabled patients. May advise patients on health maintenance and disease prevention or provide case management. Licensing or registration required.

$93,600/yrJobs growth:Bachelor's degree

Acute Care Nurses

Provide advanced nursing care for patients with acute conditions such as heart attacks, respiratory distress syndrome, or shock. May care for pre- and post-operative patients or perform advanced, invasive diagnostic or therapeutic procedures.

$93,600/yrJobs growth:Bachelor's degree

Advanced Practice Psychiatric Nurses

Assess, diagnose, and treat individuals and families with mental health or substance use disorders or the potential for such disorders. Apply therapeutic activities, including the prescription of medication, per state regulations, and the administration of psychotherapy.

$93,600/yrJobs growth:Bachelor's degree

Critical Care Nurses

Provide specialized nursing care for patients in critical or coronary care units.

$93,600/yrJobs growth:Bachelor's degree

Clinical Nurse Specialists

Direct nursing staff in the provision of patient care in a clinical practice setting, such as a hospital, hospice, clinic, or home. Ensure adherence to established clinical policies, protocols, regulations, and standards.

$93,600/yrJobs growth:Bachelor's degree

Nursing Instructors and Teachers, Postsecondary

Demonstrate and teach patient care in classroom and clinical units to nursing students. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:
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 61 graduates with reported earnings and 59 graduates with debt data. Small samples may not be representative.