Analysis
Salem College's business program graduates see their earnings **decline by 13%** between year one and year fourβdropping from $43,299 to $37,714. This backward trajectory is unusual and troubling, especially when graduates from UNC-Chapel Hill and NC State are earning substantially more ($85,618 and $56,877 respectively) just four years out. At right around the NC state median, Salem sits in the 40th percentile among North Carolina business programs, meaning 60% of similar programs in the state deliver better outcomes.
The debt picture offers modest relief: at $27,000, it's nearly identical to both state and national medians, and the initial debt-to-earnings ratio of 0.62 is reasonable. However, that ratio becomes less favorable as earnings decline over time. Nearly half of Salem's students receive Pell grants, suggesting many families here are making significant financial sacrifices for degrees that aren't accelerating careers the way business degrees typically should.
For families considering this program, the concerning earnings trajectory demands explanation. Business graduates usually see steady income growth as they gain experience, not decline. Before committing, parents should ask Salem directly about post-graduation career support and why their business alumni appear to lose ground financially in those critical early career years.
Where Salem College Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
Earnings Distribution
How Salem College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Salem College | $43,299 | $37,714 | -13% |
| University of North Carolina at Chapel Hill | $85,618 | $105,246 | +23% |
| North Carolina State University at Raleigh | $56,877 | $69,742 | +23% |
| Queens University of Charlotte | $54,032 | $64,491 | +19% |
| University of North Carolina Wilmington | $48,369 | $63,879 | +32% |
Compare to Similar Programs in North Carolina
Business Administration, Management and Operations bachelors's programs at peer institutions in North Carolina (52 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $32,236 | $43,299 | $37,714 | $27,000 | 0.62 | |
| $8,989 | $85,618 | $105,246 | $14,339 | 0.17 | |
| $8,895 | $56,877 | $69,742 | $20,000 | 0.35 | |
| $43,285 | $54,032 | $64,491 | $23,250 | 0.43 | |
| $43,936 | $48,955 | $52,241 | $23,500 | 0.48 | |
| $25,950 | $48,751 | $50,645 | $35,500 | 0.73 | |
| National Median | β | $45,703 | β | $26,000 | 0.57 |
Career Paths
Occupations commonly associated with business administration, management and operations graduates
Computer and Information Systems Managers
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Compensation and Benefits Managers
Human Resources Managers
Sales Managers
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 Salem College, approximately 49% 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 34 graduates with reported earnings and 37 graduates with debt data. Small samples may not be representative.