At $18,745/yr net price, Carolina College of Biblical Studies graduates earn $24,581/yr within 10 years of enrollment.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $18,745 |
| Estimated 4-Year Cost | $74,980 |
| Median Earnings (10yr post-entry) | $24,581/yr |
| Earnings Premium vs. HS Diploma | $-9,419/yr |
| Graduation Rate (6-year) | 22.2% |
| Median Debt at Graduation | $25,750 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $18,745/yr |
The Risk Factor
22.2% of students at Carolina College of Biblical Studies graduate within 6 years. Fewer than half of students complete their degree. If you don't graduate, the financial investment may not pay off.
Analysis
Carolina College of Biblical Studies gives you a weak financial return, and the numbers are hard to argue with. You pay a net price near $18,700 a year, but median earnings ten years out sit around $24,600 , barely above what full-time minimum-wage work pays in North Carolina. Median debt of $25,750 means you can leave owing roughly a full year's future salary, which is a bad trade on paper.
The graduation risk is the biggest problem specific to this school. A 22% graduation rate means most of you who enroll won't finish, and if you borrow and leave without a degree, you carry the debt without the credential. That combination , low completion plus low post-graduation earnings , is the worst-case setup for anyone financing school with loans.
No bachelor-level program salary data is listed here, so there's no way to point you toward a major at this school that pays off better than another. Treat the earnings figure as the whole picture until program-level numbers exist.
On net price, the tables show one tier: even families earning under $30,000 face the full $18,745. There's no visible discount for lower-income families in this data, so a Pell-eligible household should expect to cover the same sticker cost as everyone else and plan accordingly.
This school makes financial sense for you only if ministry or biblical study is the specific goal and you can pay without heavy borrowing , say, through savings, church support, or working while enrolled. If you're choosing a school for earnings and want a return on the money you put in, look elsewhere. The debt-to-income math here does not work in your favor.
Frequently Asked Questions
Is Carolina College of Biblical Studies worth the cost?
With graduates earning a median of $24,581 ten years after enrollment and a net price of $18,745 annually, the financial return is extremely poor. The low graduation rate of 22% means most students leave without completing their degree.
What is the average debt for Carolina College of Biblical Studies graduates?
Graduates carry a median debt of $25,750, which is problematic given the low earning potential of $24,581 annually. This debt-to-income ratio makes loan repayment challenging for most graduates.
Do Carolina College of Biblical Studies graduates find good jobs?
Graduate earnings of $24,581 per year are well below the national average and barely above minimum wage work. The biblical studies focus limits career options primarily to ministry positions, which typically offer modest compensation.
What is the graduation rate at Carolina College of Biblical Studies?
Only 22% of students graduate from Carolina College of Biblical Studies. This extremely low completion rate means most students leave with debt but no degree to show for their investment.