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Business Administration at Lake Erie College

Painesville, OH · Private nonprofit · Bachelor's Degree · Business Administration, Management and Operations
53 /100
DegreeOutlook Score (Base Case)
54
Optimistic
53
Base Case
47
Pessimistic
Earnings $44,440/yr (-5% vs median)
AI Risk High (47% exposed)
Job Market Very Large (1,753,300 openings/yr)
ROI 3.8x earnings multiple
Ranked #896 of 1,169 Business Administration programs

How AI Changes the Outlook

Three scenarios based on how aggressively AI disrupts the career paths available to Business Administration graduates.

Optimistic
No Disruption		 Base Case
Gradual AI		 Pessimistic
Aggressive AI
10-Year Earnings $552K $547K $502K
Earnings Multiple 3.8x 3.8x 3.5x
Probability of Field Employment 47% 43% 32%
DegreeOutlook Score 54 53 47

10-Year Earnings Projection

*Year 1 uses actual reported earnings. Scenarios diverge as AI impact compounds over time.

4-Year Tuition (Sticker)
$144,128
4-Year Net Price (After Aid)
$85,184
41% less than sticker · See by income
Median Debt at Graduation
$27,000
7.3 months of Year 1 earnings
Reported Earnings (5 Year)
$58,568
32% growth from Year 1

Program Analysis

Graduates earn $44,440/yr, roughly in line with the $46,892 national median for Business Administration. The value proposition here depends on cost, not earnings.

At 3.8x tuition cost in decade earnings, the ROI is moderate. This program pays for itself, but it's not a financial slam-dunk.

The 9% difference between AI scenarios reflects partial automation exposure. Some Business Administration career paths face displacement, but others in the field are more insulated.

At $27,000 against $44,440/yr in earnings, the debt burden is moderate. Most graduates should manage repayment without extended financial strain.

A #896 ranking among 1,169 Business Administration programs places Lake Erie College in the lower half. Price, proximity, and personal fit become the stronger arguments.

A 32% earnings increase from $44,440 to $58,568 over five years is solid — not a moonshot, but evidence of normal career advancement.

About Lake Erie College

A 64% admission rate makes Lake Erie College accessible to a wide range of qualified students, with a smaller student body of 678 in Painesville, OH. After financial aid, the average student pays $85,184 over four years — 41% below sticker price.

See all programs and financial aid at Lake Erie College →

Top Career Paths

Chief executives $206,420/yr
Computer and information systems managers $171,200/yr
Architectural and engineering managers $167,740/yr
View all 42 career paths with salary ranges and AI risk →

Compare & Explore

Compare this program → View all 1169 schools offering Business Administration →

Business Administration at Other Schools

Manhattan College ($113,777) Bismarck State College ($100,668) Maine Maritime Academy ($98,743) Carnegie Mellon University ($95,891) University of Michigan-Ann Arbor ($93,674) University of Pennsylvania ($91,443) University of California-Berkeley ($90,008) Emory University ($85,682)

Other Majors at Lake Erie College

Psychology, General ($35,067)

Explore the Trade Alternative

Compare Business Administration trade programs on TradeSchoolWorth →

Not every career requires a four-year degree. Trade programs in related fields can offer competitive salaries with a fraction of the student loan burden.

Frequently Asked Questions

What does a 53/100 DegreeOutlook Score mean for Business Administration at Lake Erie College?
At 53/100, the score looks reasonable — but Business Administration is a high-scoring field overall. Compared to peers, this program's earnings and ROI fall below the median.
Should I worry about AI if I study Business Administration at Lake Erie College?
The 47% AI task exposure score is above average. Our model shows this affecting job availability more than salaries — graduates may face stiffer competition for fewer positions.
Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →