Analysis
A $27,000 debt load for a business degree looks manageable when comparable Alabama programs suggest first-year earnings around $45,000. That 0.60 debt-to-earnings ratio means graduates would owe roughly seven months of their starting salaryβa reasonable burden that most financial advisors would consider sustainable. With three-quarters of students receiving Pell grants, Miles College clearly serves students who need college to work financially, not just academically.
The catch is uncertainty. Alabama's business programs show enormous variation, from University of South Alabama grads earning over $50,000 to Huntingdon College grads starting at $32,000. Without actual outcome data from Miles College specifically, parents can't know where on that spectrum their child will land. The state median of $45,195 sits right in the middle, but that's an average across very different institutions with different student populations and regional employer networks.
For families where a business degree is the goal and Miles College offers the right environment, these estimated numbers suggest the investment could pencil out. But before committing, talk to the career services office about where recent graduates actually landed jobs and what they're earning. At a school serving predominantly Pell-eligible students, those concrete placement outcomes matter more than statewide averages.
Where Miles College Stands
Earnings vs. debt across all business/commerce bachelors's programs nationally
Compare to Similar Programs in Alabama
Business/Commerce bachelors's programs at peer institutions in Alabama (10 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $12,714 | $45,195* | β | $27,000* | β | |
| $13,920 | $55,431* | $59,763 | $56,517* | 1.02 | |
| $9,676 | $50,515* | $43,455 | $30,980* | 0.61 | |
| $9,792 | $45,195* | $50,533 | $26,500* | 0.59 | |
| $23,920 | $44,785* | β | $27,660* | 0.62 | |
| $28,650 | $32,446* | $63,213 | $27,000* | 0.83 | |
| National Median | β | $47,506* | β | $26,000* | 0.55 |
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 Miles College, approximately 76% 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 median of 5 similar programs in AL. Actual outcomes may vary.