At $15,693/yr net price, Laurus College graduates earn $30,896/yr within 10 years of enrollment.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $15,693 |
| Estimated 4-Year Cost | $62,772 |
| Median Earnings (10yr post-entry) | $30,896/yr |
| Earnings Premium vs. HS Diploma | $-3,104/yr |
| Graduation Rate (6-year) | 38.5% |
| Median Debt at Graduation | $32,416 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $15,629/yr |
| $30,001 - $48,000 | $15,916/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Health and Medical Administrative Services. | Certificate | $32,569 | |
| Computer/Information Technology Administration and Management. | Associate | $32,382 | $32,416 |
| Business Administration, Management and Operations. | Associate | $26,933 | $33,000 |
| Health and Medical Administrative Services. | Associate | $21,052 | $32,416 |
The Risk Factor
38.5% of students at Laurus College 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
Laurus College delivers poor financial returns that will leave most graduates struggling to justify their investment. With median earnings of just $30,896 ten years after graduation and typical debt loads exceeding $32,000, you face a challenging debt-to-income ratio that makes loan repayment difficult.
The school's health and medical administrative services program shows the strongest earnings potential at $32,569 annually, but even this top performer barely covers the debt burden. Computer technology management offers similar returns at $32,382, while business administration graduates earn only $26,933 despite carrying $33,000 in debt. The second health administrative track pays just $21,052, creating an especially problematic financial situation.
Your biggest risk at Laurus is the 38.5% graduation rate, meaning six out of ten students leave without a degree but often with substantial debt. The 92% retention rate from first to second year suggests problems emerge later in the program rather than immediate dissatisfaction.
This school makes financial sense only if you need flexible scheduling for career-focused training and have limited alternatives in San Luis Obispo. The location constrains your job market options, and the for-profit structure typically means fewer scholarship opportunities and higher net costs than community colleges offering similar programs.
You should strongly consider community college alternatives for healthcare administration or business training, which offer similar career preparation at dramatically lower costs. If you do attend Laurus, focus on the health administrative services track and minimize borrowing by paying cash whenever possible.
Frequently Asked Questions
Is Laurus College worth the cost?
Laurus College graduates earn $30,896 annually after 10 years, which is below average for college graduates. With a net price of $15,693 per year and median debt of $32,416, the return on investment is weak compared to other options.
What is the graduation rate at Laurus College?
Only 38.5% of students graduate from Laurus College. This low completion rate means many students take on debt without earning a degree, significantly increasing financial risk.
Which programs at Laurus College have the best job prospects?
Health and Medical Administrative Services and Computer/Information Technology Administration are the highest-paying programs, with graduates earning around $32,000-$32,500 annually. Business Administration graduates earn less at $26,933 per year.
How much debt do Laurus College students typically graduate with?
The median debt for Laurus College graduates is $32,416. Given the low starting salaries of around $30,896, this debt level creates a challenging financial situation for most graduates.