Analysis
A two-year business degree doesn't typically saddle graduates with $24,500 in debt—the national median for this credential sits at just $13,437. While both the earnings and debt figures here are estimates drawn from peer programs nationally, that potential debt load matters because it's nearly double what's typical. North Carolina's business associate programs generally produce stronger outcomes, with the state median at $44,154, though that figure comes from very limited reporting across just four schools.
The estimated debt-to-earnings ratio of 0.67 suggests manageable repayment if the earnings estimate holds true, but there's meaningful uncertainty here. With 64% of students receiving Pell grants, many families at Louisburg are stretching to afford this degree. The question becomes whether an associate's in business—which often serves as either a stepping stone to a bachelor's or an entry credential for administrative roles—justifies borrowing nearly twice the national norm.
Before committing, get clarity on two things: actual placement outcomes from Louisburg's career services (where do graduates land, and at what starting salaries?), and whether your student plans to transfer. If this is a pathway to a four-year degree, that debt becomes the foundation of a larger total. If it's a terminal credential, the estimated $36,600 starting salary may require careful budgeting to handle the monthly payments.
Where Louisburg College Stands
Earnings vs. debt across all business/commerce associates's programs nationally
Compare to Similar Programs in North Carolina
Business/Commerce associates's programs at peer institutions in North Carolina (4 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $22,974 | $36,591* | — | $24,509* | — | |
| $13,920 | $44,154* | $47,516 | $32,810* | 0.74 | |
| National Median | — | $36,591* | — | $13,437* | 0.37 |
Career Paths
Occupations commonly associated with business/commerce graduates
Sales Managers
Industrial Production Managers
Quality Control Systems Managers
Geothermal Production Managers
Biofuels Production Managers
Biomass Power Plant Managers
Hydroelectric Production Managers
Construction Managers
Administrative Services Managers
Facilities Managers
Security Managers
Chief Executives
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 Louisburg College, approximately 64% 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 national median of 124 similar programs. Actual outcomes may vary.