Median Earnings (1yr)
$38,996
31st percentile
40th percentile in North Carolina
Median Debt
$15,000
42% below national median

Analysis

Teaching careers rarely produce dramatic earnings growth, but graduates of Lees-McRae's education program face an unusually tight financial picture from the start. While their $15,000 median debt is remarkably low—better than 95% of similar programs nationwide—first-year earnings of $39,000 lag behind both North Carolina's state median ($41,645) and the national benchmark ($41,809). Among the 46 North Carolina schools offering this program, Lees-McRae ranks around the 40th percentile, with graduates earning roughly $8,000 less annually than peers from NC A&T or Elon.

The minimal debt burden makes this program manageable despite the below-average starting salary. A 0.38 debt-to-earnings ratio means graduates spend less than 40% of their first year's salary covering student loans—a relatively comfortable position for entering teachers. However, the flat earnings trajectory (essentially no growth from year one to year four) suggests limited advancement opportunities, possibly reflecting placement in districts with compressed salary scales.

For families prioritizing affordability above all else, Lees-McRae accomplishes its core mission: preparing teachers without burying them in debt. But if your child has the grades for admission to NC State or NC A&T, those programs deliver meaningfully higher earnings that would compound over a 30-year teaching career.

Where Lees-McRae College Stands

Earnings vs. debt across all teacher education and professional development, specific levels and methods 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$38,996$38,705-1%
Elon University$47,095$44,611-5%
North Carolina Central University$46,773$43,985-6%
University of North Carolina at Chapel Hill$29,897$43,516+46%
North Carolina State University at Raleigh$44,979$42,750-5%

Compare to Similar Programs in North Carolina

Teacher Education and Professional Development, Specific Levels and Methods bachelors's programs at peer institutions in North Carolina (46 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Lees-McRae CollegeBanner Elk$31,140$38,996$38,705$15,0000.38
North Carolina A & T State UniversityGreensboro$6,748$49,099
Elon UniversityElon$44,536$47,095$44,611$20,0000.42
North Carolina Central UniversityDurham$6,542$46,773$43,985$31,8800.68
North Carolina State University at RaleighRaleigh$8,895$44,979$42,750$21,5000.48
Greensboro CollegeGreensboro$20,400$43,963$47,7451.09
National Median$41,809$26,0000.62

Career Paths

Occupations commonly associated with teacher education and professional development, specific levels and methods graduates

Education Teachers, Postsecondary

Teach courses pertaining to education, such as counseling, curriculum, guidance, instruction, teacher education, and teaching English as a second language. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Training and Development Specialists

Design or conduct work-related training and development programs to improve individual skills or organizational performance. May analyze organizational training needs or evaluate training effectiveness.

$65,850/yrJobs growth:Bachelor's degree

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

Middle School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the middle, intermediate, or junior high school level.

$62,970/yrJobs growth:Bachelor's degree

Kindergarten Teachers, Except Special Education

Teach academic and social skills to kindergarten students.

$62,310/yrJobs growth:Bachelor's degree

Elementary School Teachers, Except Special Education

Teach academic and social skills to students at the elementary school level.

$62,310/yrJobs growth:Bachelor's degree

Adult Basic Education, Adult Secondary Education, and English as a Second Language Instructors

Teach or instruct out-of-school youths and adults in basic education, literacy, or English as a Second Language classes, or in classes for earning a high school equivalency credential.

$59,950/yrJobs growth:Bachelor's degree

Preschool Teachers, Except Special Education

Instruct preschool-aged students, following curricula or lesson plans, in activities designed to promote social, physical, and intellectual growth.

$37,120/yrJobs growth:Associate's degree

Postsecondary Teachers, All Other

All postsecondary teachers not listed separately.

Self-Enrichment Teachers

Teach or instruct individuals or groups for the primary purpose of self-enrichment or recreation, rather than for an occupational objective, educational attainment, competition, or fitness.

Teachers and Instructors, All Other

All teachers and instructors not listed separately.

Teaching Assistants, Preschool, Elementary, Middle, and Secondary School, Except Special Education

Assist a preschool, elementary, middle, or secondary school teacher with instructional duties. Serve in a position for which a teacher has primary responsibility for the design and implementation of educational programs and services.

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 41 graduates with reported earnings and 43 graduates with debt data. Small samples may not be representative.