Analysis
Presbyterian College's Business/Managerial Economics program operates in a competitive South Carolina market where outcomes vary dramatically—from nearly $63,000 at USC-Columbia to $48,000 at nearby Wofford. Based on peer programs nationally, graduates here would likely start around $53,200, which falls slightly below the state median of $55,374 for this major. That gap matters when you're competing for the same jobs as larger state university graduates who enter the workforce with stronger earning potential.
The estimated $24,000 debt load sits close to both national and state benchmarks, producing a manageable debt-to-earnings ratio of 0.45. This means for every dollar earned in the first year, graduates carry about 45 cents in debt—a reasonable balance that shouldn't create financial strain under typical repayment plans. The relatively moderate debt reflects Presbyterian's small liberal arts college environment, though without actual graduate data, it's impossible to know if this specific program delivers better or worse results than the national averages suggest.
The real question is whether Presbyterian's smaller setting and personalized education justify landing near the middle of the pack earnings-wise when USC-Columbia graduates start $9,500 higher. If your child thrives in intimate academic environments and values close faculty relationships, the trade-off might be worthwhile. But if maximizing starting salary is the priority, the larger state flagship appears to offer stronger returns despite comparable debt levels.
Where Presbyterian College Stands
Earnings vs. debt across all business/managerial economics bachelors's programs nationally
Compare to Similar Programs in South Carolina
Business/Managerial Economics bachelors's programs at peer institutions in South Carolina (8 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $43,300 | $53,219* | — | $24,000* | — | |
| $12,688 | $62,692* | $75,178 | $25,000* | 0.40 | |
| $54,100 | $48,055* | $63,433 | —* | — | |
| National Median | — | $53,219* | — | $22,250* | 0.42 |
Career Paths
Occupations commonly associated with business/managerial economics graduates
Economists
Environmental Economists
Financial Risk Specialists
Management Analysts
Economics Teachers, Postsecondary
Survey Researchers
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 Presbyterian College, approximately 28% 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 81 similar programs. Actual outcomes may vary.