Is Lees-McRae College worth it?
Banner Elk, NC · private-nonprofit
Verdict
Typical students pay $28,340 a year after aid, graduate with $17,375 in federal debt, and earn $41,599 six years after enrolling — an estimated monthly loan payment of $186, with a debt break-even of about 4.2 years.
Net price / year
$28,340
Admission rate
77%
Graduation rate
—
Median debt
$17,375
Earnings (6 yr)
$41,599
Earnings (10 yr)
$43,415
Est. monthly loan payment
$186
Loan-to-income ratio
42%
Debt break-even
4.2 years
How Lees-McRae College compares
FAQ
How much does it cost to attend Lees-McRae College?
The federal average net price after grants and scholarships is $28,340 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.
How much debt do Lees-McRae College graduates typically carry?
Students who complete a program at Lees-McRae College leave with a median federal debt of $17,375, based on the U.S. Department of Education's College Scorecard.
What do Lees-McRae College graduates earn?
Six years after enrolling, former students report median earnings of $41,599, drawn from federal tax records aggregated by the College Scorecard.
What is the graduation rate at Lees-McRae College?
Graduation rate data is not currently published for this school.
Is Lees-McRae College worth the debt?
Based on median debt and 6-year earnings, it would take roughly 4.2 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.
Source: U.S. Department of Education College Scorecard.