Analysis
Is a two-year business degree worth taking on nearly $19,000 in debt? Based on similar programs in South Carolina, this particular investment looks more manageable than many. With first-year earnings around $35,275 and debt near $18,903, you're looking at a debt-to-earnings ratio of 0.54—meaning the total debt equals about six and a half months of that first year's salary. That's within the range where graduates can typically stay current on loan payments without major financial strain.
What's telling is how this compares across South Carolina's technical college system. The estimated debt here sits well below the state median of $26,324 for business associate degrees, while the earnings projection holds steady right at the state average. Other technical colleges in the region show graduates earning anywhere from $33,000 to $44,000 in that first year, which suggests the field offers reasonable entry-level opportunities, though outcomes clearly vary by school and perhaps by the specific business concentration students pursue.
For families where 40% of students qualify for Pell grants—as is the case here—this program represents a practical path to business employment without the four-year price tag. The key question is whether this community college credential opens doors to the kinds of entry-level business roles your child wants, and whether there's clear advancement potential that justifies even this moderate debt load.
Where Williamsburg Technical College Stands
Earnings vs. debt across all business/commerce associates's programs nationally
Compare to Similar Programs in South Carolina
Business/Commerce associates's programs at peer institutions in South Carolina (16 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $4,488 | $35,275* | — | $18,903* | — | |
| $13,920 | $44,154* | $47,516 | $32,810* | 0.74 | |
| $4,468 | $36,679* | $26,486 | $26,100* | 0.71 | |
| $5,512 | $33,870* | — | $11,000* | 0.32 | |
| $4,775 | $33,486* | $36,670 | $26,547* | 0.79 | |
| 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 Williamsburg Technical College, approximately 40% 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 4 similar programs in SC. Actual outcomes may vary.