Private Nonprofit · Banner Elk, North Carolina

Lees-McRae College

Lees-McRae College is a private nonprofit institution in Banner Elk, North Carolina. as a private nonprofit, published Scorecard outcomes cover federal-aid recipients at this campus — endowment and sticker price sit outside those cohort fields.

$43,415
10-yr median earnings
76.8%
Acceptance rate
$28,340
Avg net price / yr
43.1%
150%-time completion

The verdict

Lees-McRae College pairs above-median former-student earnings with a moderately open admit.

According to the U.S. Department of Education's College Scorecard.

Top 43%
former-student earnings, US
76.8%
acceptance rate
43.1%
150%-time completion
+4%
earnings, 6→10 yrs
Rural: Distant Carnegie: Bacc: Diverse
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Institution data retrieved July 2026; field-of-study data retrieved March 2026.

How to read this Lees-McRae College profile

Figures above come from IPEDS institution records published through the College Scorecard (retrieved July 2026 for institution fields; March 2026 for field-of-study). Peer groups and cost cohorts follow IPEDS ownership sector, Carnegie class ("Baccalaureate Colleges: Diverse Fields"), and locale, not an editorial shortlist.

Average net price subtracts grant and scholarship aid from cost of attendance for full-time, first-time undergraduate Title IV recipients. It is a defined cohort average, not a personalized price; income-band fields add context but do not replace the school's current net-price calculator.

Earnings use Treasury-linked records for federally aided former students who were working and not enrolled in the measurement year (completers and noncompleters). IPEDS completion and retention use separate first-time, full-time cohorts, so those denominators are not the earnings cohort. Read cost, completion, and earnings as distinct historical measures, not a causal verdict or individual forecast.

College Value Score

F
College Value Score
38/100
Lees-McRae College

A 6-metric composite of earnings, cost, and completion outcomes benchmarked against every reporting US college, not a ranking of teaching quality, campus life, or fit for any individual student. See the full methodology.

Earnings C
$43,415
10-year median former-student earnings
Net Price F
$28,340
Average annual cost after grants and aid
Completion Rate F
43.1%
Completion within 150% of normal time
Debt F
$17,375
Median federal debt at graduation
Loan Repayment C+
66.2%
Borrowers repaying loans within 3 years
Retention F
68.8%
First-year students returning for year two
Lees-McRae College vs. the national benchmark
EarningsNet PriceCompletionDebtRepaymentRetention

Each axis is the percentile score shown in the breakdown at left; the shape shows this school's overall profile at a glance.

10-yr median earnings

$43,415

Federal aid recipients only

Avg net price

$28,340

After grants and scholarships

150%-time completion

43.1%

Full-time, first-time cohort

150%-time completion vs portal median (57.1%) 43.1%

Four-year-institution cohort

College ROI Quadrant - Lees-McRae College vs peers

Lees-McRae College positioned by earnings vs cost Two-by-two quadrant chart: x-axis median earnings 10 years after enrollment, y-axis average net price after financial aid. Each dot is a college, colored by completion within 150% of normal time (garnet ≥65%, amber 45-64%, red <45%). Net price increases upward, earnings increase rightward, so: bottom-right = best value (low cost, high earnings); top-right = premium (high cost, high earnings); bottom-left = community college tier (low cost, modest earnings); top-left = cost challenge (high cost, low earnings). Currently plotting 8 colleges. Source: U.S. Department of Education College Scorecard joined to Carnegie Classification. Lees-McRae College positioned by earnings vs… Carnegie Classification: Bacc: Diverse Bacc: Dive… COST CHALLENGE PREMIUM COMMUNITY BEST VALUE $28K $54K Median Earnings 10 Years After Enrollment ($) $11K $30K Avg Net Price ($) Lees-McRae College (you are here): $43K earn · $28K net · 43% grad You are here - Lees-McRae College Shaw University: $34K earn · $17K net · 21% grad Shaw University Livingstone College: $33K earn · $13K net · 26% grad Livingstone College Brevard College: $44K earn · $24K net · 44% grad Brevard College Barton College: $48K earn · $24K net · 48% grad Barton College Montreat College: $45K earn · $27K net · 45% grad Montreat College Guilford College: $48K earn · $22K net · 47% grad Appalachian State University: $52K earn · $17K net · 74% grad Grad rate (4yr) ≥65% 45-64% <45%
Source: U.S. Department of Education College Scorecard + Carnegie Classification of Institutions of Higher Education

Each dot is a college plotted by 10-year median earnings (x-axis) vs average net price (y-axis), colored by completion within 150% of normal time. Bottom-right = high earnings/lower price; top-left = lower earnings/higher price.

How Lees-McRae College ranks nationally

Where this school's former-student earnings fall within the full national distribution of every US college that reports to the College Scorecard, not just its peer set.

Lees-McRae College: former-student earnings vs. every US college

10-year median earnings, College Scorecard

$43,415 Top 43% higher than 57% of 5,103 US colleges

$0–$20,000: 169 US colleges (3%). Below this entry. $20,000–$40,000: 2,245 US colleges (44%). Below this entry. $40,000–$60,000: 1,897 US colleges (37%). This entry sits in this band. $60,000–$80,000: 606 US colleges (12%). Above this entry. $80,000–$100,000: 134 US colleges (3%). Above this entry. $100,000–$120,000: 39 US colleges (1%). Above this entry. $120,000–$140,000: 11 US colleges (0%). Above this entry. $140,000–$160,000: 2 US colleges (0%). Above this entry. This college $0 $160,000 every US college, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US colleges. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Department of Education, College Scorecard · Mar–Jul 2026 retrievals

Metric Lees-McRae College National rank Percentile
10-yr median earnings $43,415 #2177 of 5103 57th
Average net price $28,340 #4318 of 5020 14th (lower is better)
150%-time completion 43.1% #3448 of 4858 29th
Undergraduate enrollment 873 #2309 of 5462 58th

National ranks count every operating US college reporting each metric to the College Scorecard, separate from the earnings histogram above.

Quick Facts

873
Undergraduate enrollment
76.8%
Acceptance rate
-
SAT average
43.1%
150%-time completion
$43,415
10-yr median earnings
68.8%
First-year retention

How Lees-McRae College ranks in North Carolina

State rank among 147 reporting North Carolina colleges with College Scorecard data, a separate lens from the national distribution above.

Metric Lees-McRae College State rank Percentile
10-yr median earnings $43,415 #43 of 147 71st
Average net price $28,340 #135 of 146 8th (lower is better)
150%-time completion 43.1% #90 of 142 37th
Undergraduate enrollment 873 #88 of 153 42nd

Highest former-student earnings in North Carolina

#School10-yr earningsNet price
1Duke University$97,800$29,612
2Chamberlain University-North Carolina$92,405$38,436
3Davidson College$81,400$17,379
4Wake Forest University$78,158$28,719
5Elon University$74,545$41,555
6University of North Carolina at Chapel Hill$72,200$11,655
7North Carolina State University at Raleigh$68,758$17,303
8Carolinas College of Health Sciences$64,624-
9Galen Health Institutes-Asheville$61,480$28,602
10High Point University$61,389$38,707
11Cabarrus College of Health Sciences$58,708$17,618
12Queens University of Charlotte$57,673$30,857
43Lees-McRae CollegeThis school$43,415$28,340

Admissions

Admission Rate 76.8%
ACT Average 23
0%100%76.8%
Share of applicants admitted

Costs & Financial Aid

Net price by family income at Lees-McRae College

Average annual net price after grants; Title IV recipient cohort by income bracket

net price / yr

What this shows Need-based aid pulls net price down at lower brackets at Lees-McRae College - compare the bar for your income band, not the overall average alone.

Source U.S. Department of Education, College Scorecard As of Mar–Jul 2026 retrievals

Tuition & Net Price

In-State Tuition $33,250
Out-of-State Tuition $33,250
Average Net Price $28,340
37.3%
Pell Grant Rate
59.4%
Federal Loan Rate
$17,375
Median Debt
$184/mo
Monthly Payment

Net price at Lees-McRae College swings rather than trends

Across 11 reported years between 2013 and 2023, the average net price here has ranged from $17,065 to $25,765 without settling into a rise or a fall. Comparing only the first and last years would read as +18.0%, but the years in between do not follow that line, so the honest summary is the range rather than a trend. Budget against the upper end, not the average.

Lowest year
$17,065
Highest year
$25,765
Most recent (2023)
$25,765
Average net price, 2013–2023

11 reported years. Nominal dollars, not adjusted for inflation.

2013: $21,8332014: $20,2792015: $22,2022016: $22,4092017: $17,0652018: $21,2322019: $21,0242020: $23,3472021: $25,4952022: $22,5772023: $25,765
2013 · $21,8332023 · $25,765

Over the same years, enrollment went -8.0% (888 → 817 students).

Source: U.S. Department of Education, College Scorecard, per-year fields (2013–2023). Net price is the average cost after grant and scholarship aid for federally-aided undergraduates.

Student Demographics

Race & ethnicity

White 56.5%
African American 6.9%
Hispanic or Latino 4.7%
Asian 1.5%
American Indian or Alaska Native 0.8%
Pacific Islander 0.2%
Two or More Ethnicities 1.1%
International 4.9%

Student body at a glance

66.7%
Female
40.1%
First Generation

Outcomes

68.8%
Retention Rate
$41,599
Median Earnings (6yr)
52.3%
Earning Over $25K
66.2%
Loan Repayment, Completers (3yr)

Outcomes & debt snapshot

Measure Cohort / horizon Value
Completion within 150% of normal time First-time, full-time 43.1%
First-year retention First-time, full-time freshmen 68.8%
Median earnings 6 years after entry $41,599
Median earnings 10 years after entry $43,415
Share earning over $25,000 Working, not enrolled 52.3%
Loan repayment rate Completers, 3 years after leaving 66.2%
Median federal student debt At completion $17,375
Estimated monthly payment Standard 10-year plan $184/mo

Programs & Earnings

Top programs at Lees-McRae College by completer earnings

Median earnings of program completers, College Scorecard field-of-study file

median earnings

What this shows The highest-earning programs at a school are not necessarily its most popular ones - a small specialized program can post strong median earnings without reflecting the outcome most students here actually see.

Source U.S. Department of Education, College Scorecard As of Mar–Jul 2026 retrievals
Program Credential Completers Median Earnings Median Debt
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing Bachelor's 11 $87,523 $19,339
Business Administration, Management and Operations Bachelor's 35 $60,108 $17,605
Criminal Justice and Corrections Bachelor's 29 $50,085 $14,050
Teacher Education and Professional Development, Specific Levels and Methods Bachelor's 29 $45,862 $15,000
Psychology, General Bachelor's 14 $44,161 $25,624
Human Services, General Bachelor's 29 $43,273 $13,000
Zoology/Animal Biology Bachelor's 33 $38,699 $23,000
Communication and Media Studies Bachelor's 5 - -
Sports, Kinesiology, and Physical Education/Fitness Bachelor's 13 - -

Independent Scorecard matches among reporting colleges — not recommendations from the institution or a counselor.

Frequently Asked Questions

What is the acceptance rate at Lees-McRae College?
Lees-McRae College is a private nonprofit institution in Banner Elk, North Carolina. The acceptance rate is 76.8%. Undergraduate enrollment is 873 students.
How much do Lees-McRae College former students earn?
Federally aided former students at Lees-McRae College who were working and not enrolled had median earnings of $43,415 ten years after entry; the cohort is not limited to graduates. Six years after entry, the corresponding median is $41,599.
How much does Lees-McRae College cost?
The average net price at Lees-McRae College is $28,340. In-state tuition is $33,250 and out-of-state tuition is $33,250. Median student debt at graduation is $17,375.
What is the graduation rate at Lees-McRae College?
Lees-McRae College has a 43.1% completion rate within 150% of normal time at a four-year institution (typically six years for a bachelor’s program). The first-year retention rate is 68.8%.
Is Lees-McRae College worth the student debt?
The median student debt at Lees-McRae College is $17,375, while former students earn a median of $43,415 ten years after enrollment. That debt represents about 40% of those annual earnings. Among borrowers who completed their program, 66.2% are repaying their loans within 3 years. Estimated monthly loan payment is $184.

Sources & methodology

Private-nonprofit profiles emphasize Scorecard cost-after-aid and completion alongside IPEDS Carnegie class. Endowment, gifts, and sticker price are not Scorecard fields on this page.

Figures are the Mar–Jul 2026 federal retrievals. Nonprofit campuses vary widely in aid practice — net price here is the Title-IV-recipient cohort average, not an individual award letter. Read the full methodology for how the data is sourced, computed, and verified.

Where to go next from Lees-McRae College

Nonprofit Scorecard medians describe federal-aid recipients who were working and not enrolled — they are not sticker-price ROI and not advice.

Every figure on PlainCollege is rendered directly from the U.S. Department of Education's College Scorecard data, no number is typed in by an editor. Private-nonprofit profiles compile Scorecard net-price and earnings cohorts with IPEDS structure fields — no editor-typed figures. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error on this page. Review the public data changelog. Data current as of Mar–Jul 2026 retrievals.