At $26,403/yr net price, Louisburg College graduates earn $34,818/yr within 10 years of enrollment, which is $818/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $26,403 |
| Estimated 4-Year Cost | $105,612 |
| Median Earnings (10yr post-entry) | $34,818/yr |
| Earnings Premium vs. HS Diploma | +$818/yr |
| Estimated Break-Even | 129.1 years |
| Graduation Rate (6-year) | 39.4% |
| 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 | $19,613/yr |
| $30,001 - $48,000 | $19,692/yr |
| $48,001 - $75,000 | $26,956/yr |
| $75,001 - $110,000 | $30,524/yr |
| $110,001+ | $31,940/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Liberal Arts and Sciences, General Studies and Humanities. | Associate | $15,922 | $12,000 |
The Risk Factor
39.4% of students at Louisburg 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
Louisburg College's financial return looks weak. You'll pay a $26,403 net price each year at a two-year private-nonprofit school, and median earnings ten years out land at $34,818 , barely above what many jobs pay without a degree. The one program with reported outcomes, an associate in Liberal Arts and Sciences, shows median earnings of $15,922, which is a poor payoff against the tuition you're putting in.
The graduation rate under 40% is the biggest risk here. If you borrow and leave without finishing, you carry debt with no credential to show for it. The upside is that median debt sits at $12,000, so you won't dig a huge hole, but that low debt figure partly reflects how little the degree returns rather than a bargain.
The net price tiers hurt lower-income families more than the sticker suggests. If your family makes under $48k, you'll pay around $19,600 a year , cheaper than the top tier's $31,940, but still steep for a two-year associate that leads to sub-$16,000 median earnings in the one measured program. There's no income band where the price drops to a level that makes the math comfortable.
This school makes financial sense if you're using the associate purely as a low-cost transfer step toward a four-year degree elsewhere, and you're confident you'll finish and move on. If you're planning to stop at the associate and enter the workforce, the earnings data says look elsewhere. Given the regional job market around Louisburg, NC, the numbers don't support taking on this net price for the credential alone.
Frequently Asked Questions
Is Louisburg College worth the cost compared to other schools?
Louisburg College graduates earn a median of $34,818 ten years after enrollment, which is below average for the $26,403 annual cost. The low graduation rate of 39% means many students pay without completing their degree.
What are the best paying programs at Louisburg College?
The school's top programs are Liberal Arts and General Studies, which typically lead to lower starting salaries around $15,922. Louisburg College doesn't offer many high-paying technical or professional programs that justify the cost.
How much debt do Louisburg College students graduate with?
The median debt for Louisburg College graduates is $12,000, which is relatively manageable. However, with post-graduation earnings of $34,818, students may still struggle to achieve positive ROI quickly.
Should I attend Louisburg College if I get financial aid?
Even with aid, carefully consider the 39% graduation rate and limited high-paying program options. The school works best for students who plan to transfer after completing foundational coursework at a lower cost than four-year universities.