Business Administration and Management at Laurel Ridge Community College
VA · Associate's Degree · CIP 52.02
Executive Summary
Graduates with a Business Administration and Management degree from Laurel Ridge Community College earn a median salary of $51,013 within five years of graduation. Adjusted for the cost of living in VA, this represents a national purchasing power equivalent of $49,769. The degree typically pays for itself in 11 years.
Quick Insights
How this degree looks at a glance
A fast read on salary range, break-even speed, living-cost impact, and where graduates from this school usually land.
Salary Ranges
Starting Range
$34,717
Typical Career
$51,013
Top Performers
$73,658
Estimated break-even: 11 years.
Debt-to-Income Check
$340
Estimated comfortable monthly loan payment
Typical monthly pay is approximately $4,251. Most students can comfortably afford about a $340 monthly loan payment with this degree.
Comparison Bench
This degree earns 1.3x more than the average US high school graduate and 0.7x more than the average college graduate.
Purchasing Power Context
A dollar in Virginia buys what costs $1.03 nationally.
Industry Breadcrumbs
Top industries for bachelor's graduates from this school: Health Care & Social Assistance, Educational Services, Professional, Scientific & Technical Services.
Where Associate's Graduates from This School Work
Institution-wide industry mix for graduates, 5 years after graduation. This is not major-specific. Source: Census PSEO Flows.
5-Year Median Salary — National Purchasing Power Equivalent
$49,769
Nominal: $51,013 in Virginia (COL 102.5% of national avg) · 2.4% lower purchasing power
10-Year Earnings Curve
Break-Even Timeline
How long until cumulative earnings advantage exceeds total college investment (tuition + opportunity cost vs. entering workforce directly after high school).
Total Investment
$155,168
4yr tuition + 4yr opportunity cost
HS Graduate Baseline
$38,792/yr
BLS 2023 median, HS diploma
View Raw Data: Median Earnings by Year
| Timeframe | 25th Pct. | Median (50th) | 75th Pct. |
|---|---|---|---|
| 1 Year After Graduation | $30,437 | $43,255 | $59,662 |
| 5 Years After Graduation | $34,717 | $51,013 | $73,658 |
| 10 Years After Graduation | $47,460 | $61,036 | $91,284 |
Source: US Census Bureau Post-Secondary Employment Outcomes (PSEO), 2025 release. Earnings shown for Bachelor's degree graduates (all cohorts combined).
How We Calculate Purchasing Power
The median salary of $51,013 is reported by the US Census Bureau's Post-Secondary Employment Outcomes (PSEO) dataset for graduates working in VA, which has a cost-of-living index of 102.5% of the national average.
Formula: Adjusted Salary = Nominal × (1.0 ÷ COL Index)
= $51,013 × (1.0 ÷ 1.0250)
= $49,769 National Average equivalent.
COL index source: BLS Regional Consumer Price Index & MIT Living Wage Project, 2023. Full methodology →
Career Verdict
The program's graduates predominantly enter the Health Care & Social Assistance sectors, with 36.2% in the first year, 26.0% in the fifth year, and 14.2% in the tenth year. This concentration suggests a strong alignment between the program and the job market's demands. The estimated break-even point for graduates compared to those with only a high school diploma is approximately 11 years, indicating a reasonable return on investment for students pursuing this path. Overall, the program offers a solid foundation for career advancement in a growing industry.
Compare with Another School
See how the Business Administration and Management degree at Laurel Ridge Community College stacks up against another institution side-by-side.
Ready to apply?
Start your application for Business Administration and Management at Laurel Ridge Community College.
Explore More
Other Degrees at Laurel Ridge Community College
Data sources: US Census Bureau Post-Secondary Employment Outcomes (PSEO). Cost-of-living index: BLS Regional CPI & MIT Living Wage Project. Cost of attendance: IPEDS. For informational use only; data may be suppressed for small cohort sizes.