Analysis
Shaw University's business program produces first-year earnings of $34,652βabout $9,000 below North Carolina's median for business degrees and nearly $11,000 below the national average. Even among North Carolina's 52 business programs, this ranks only at the 25th percentile, meaning three-quarters of similar state programs deliver better initial outcomes. The debt load of $34,265 essentially equals a full year's starting salary, a concerning starting point that's significantly above both state and national norms for business graduates.
The earnings trajectory does improve, reaching $40,945 by year four (an 18% gain), but this still lags well behind what graduates earn from NC State ($56,877) or UNC-Chapel Hill ($85,618) at similar career stages. For a family evaluating in-state options, the financial gap is substantial and persistent. The program primarily serves students from lower-income backgrounds (65% receive Pell grants), which adds important context, but doesn't change the fundamental math: graduates are starting behind their peers across the state.
The small sample size hereβfewer than 30 graduates in the datasetβmeans individual circumstances could skew these numbers. However, if this represents the typical outcome, families should understand they're accepting below-market earnings while taking on above-market debt. That's a difficult combination that requires either strong personal commitment to Shaw specifically or a backup plan for career advancement.
Where Shaw University Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
Earnings Distribution
How Shaw University 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 |
|---|---|---|---|
| Shaw University | $34,652 | $40,945 | +18% |
| 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 |
|---|---|---|---|---|---|
| $17,176 | $34,652 | $40,945 | $34,265 | 0.99 | |
| $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 Shaw University, approximately 65% 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 29 graduates with reported earnings and 42 graduates with debt data. Small samples may not be representative.