At $10,086/yr net price, Laurel Business Institute graduates earn $30,819/yr within 10 years of enrollment.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $10,086 |
| Estimated 4-Year Cost | $40,344 |
| Median Earnings (10yr post-entry) | $30,819/yr |
| Earnings Premium vs. HS Diploma | $-3,181/yr |
| Graduation Rate (6-year) | 79.4% |
| Median Debt at Graduation | $12,000 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $6,671/yr |
| $30,001 - $48,000 | $7,776/yr |
| $48,001 - $75,000 | $11,356/yr |
| $75,001 - $110,000 | $13,362/yr |
| $110,001+ | $14,300/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Allied Health Diagnostic, Intervention, and Treatment Professions. | Associate | $43,575 | $20,375 |
The Risk Factor
79.4% of students at Laurel Business Institute graduate within 6 years. A significant share of students finish, but roughly 21% do not complete their degree.
Analysis
Laurel Business Institute delivers below-average returns on your education investment, with graduates earning a median of $30,819 ten years after enrollment. Your annual net cost of $10,086 means you'll spend roughly $20,000 for a two-year program that leads to earnings well below the national average for college graduates.
The school's Allied Health program stands out as the clear financial winner, generating $43,575 in median earnings with $20,375 in debt. This creates a manageable debt-to-income ratio and represents the only pathway at Laurel that offers competitive earning potential. Other programs at the school struggle to justify their costs given the modest salary outcomes in the regional job market.
Your biggest financial risk centers on program choice. If you pursue anything outside Allied Health, you'll likely face years of below-market earnings that make loan repayment challenging. The school's 79% graduation rate means one in five students leaves with debt but no credential.
Laurel makes financial sense only if you're committed to the Allied Health track and can handle the higher debt load that comes with it. The program's earning potential justifies the investment and aligns with regional healthcare demand. For any other field of study, you'll find better ROI at community colleges or four-year schools.
With less than half of students receiving financial aid, merit scholarships appear limited. You'll likely pay close to the full net price, making careful program selection even more critical for your financial future.
Frequently Asked Questions
Is Laurel Business Institute worth the cost compared to other schools?
Laurel Business Institute's low net price of $10,086 per year makes it affordable, but graduates earn just $30,819 annually after 10 years. This puts the school below average for return on investment compared to most colleges.
Which Laurel Business Institute programs have the best job prospects?
Allied Health programs at Laurel Business Institute show the strongest earning potential, with graduates making around $43,575 annually. Other programs at the school typically lead to much lower salaries in the $20,000-30,000 range.
How much student debt do Laurel Business Institute graduates typically have?
Laurel Business Institute graduates leave with a median debt of $12,000, which is relatively low for a private school. However, the low starting salaries mean debt payments could still strain budgets for many graduates.
What are the graduation rates like at Laurel Business Institute?
Laurel Business Institute has a 79% graduation rate, which is decent for a career-focused school. The high acceptance rate of 84% means most students who apply get in, but completion depends on program difficulty and student commitment.