Carolina College of Biblical Studies
Fayetteville, North Carolina · Private Nonprofit
ROI Score: 17/100 · Poor Value
Carolina College of Biblical Studies scores 17 (Poor Value) on the CampusROI scale — the lowest tier in this batch. The Scorecard reports a 0% completion rate and a payback period of 999 years (a sentinel value indicating the earnings premium score is 2 on a 100-point scale, meaning graduates earn less than the typical high school graduate). Median 10-year earnings of $24,581 are below the national median for workers without any college education. Median debt is $25,750 with no debt-to-earnings ratio reported. Repayment rates are entirely null. Data completeness is 0.80, meaning key metrics are missing. Enrollment is 159 students in Fayetteville, NC. The Pell grant rate of 53.3% indicates a majority of students receive need-based federal aid. Faculty salary data is not reported. Scorecard does not report admission rates, test scores, or program-level earnings data beyond what is noted. This institution exists to serve students seeking Christian ministry formation; the economic metrics confirm that it does not produce competitive labor market outcomes.
The data raises concerns about Carolina College of Biblical Studies
These metrics fall below the thresholds most financial advisors recommend for a sound college investment. Review them carefully before committing.
- ROI Score17/100 - Poor Value tier (below 45). Most 4-year schools we track score 60 or higher.
- 6-year graduation rate0.0% - Well below the 60% national average. Non-completion is the fastest route to negative ROI.
- Payback period>50 years - Graduates earn at or near the level of high school completers — the cost may not recoup within a working career.
Carolina College of Biblical Studies
Quick Numbers
| In-state tuition + fees | $6,906/yr |
| Out-of-state tuition + fees | $6,906/yr |
| Average net price | $21,322/yr |
| Total 4-year cost (net) | $85,288 |
| Median earnings (10yr post-entry) | $24,581 |
| Median earnings (6yr post-entry) | N/A |
| Median debt at graduation | $25,750 |
| Estimated monthly loan payment | $273 |
| Estimated payback period | >50 years |
| 6-year graduation rate | 0.0% |
| Undergraduate enrollment | 159 |
Data as of 2024-2025. Source: College Scorecard API (U.S. Department of Education).
The Full Financial Picture
The sticker price at Carolina College of Biblical Studies is $6,906/year. But sticker price isn't what most students pay. After grants, scholarships, and financial aid, the average student pays a net price of $21,322/year, or roughly $85,288 over four years.
That net price varies significantly by family income. The lowest-income families (under $30,000/year) pay an average of $21,322/year, while families earning over $110,000 pay N/A/year.
The median graduate leaves with $25,750 in federal loan debt, translating to an estimated monthly payment of $273 on a standard 10-year repayment plan. Against median earnings of $24,581 ten years out, the debt-to-earnings ratio is N/A - (insufficient data to assess).
Net Price by Family Income
What families actually pay after grants and scholarships, by income bracket.
| Family Income | Avg Net Price/Year |
|---|---|
| $0 - $30,000 | $21,322 |
| $30,001 - $48,000 | N/A |
| $48,001 - $75,000 | N/A |
| $75,001 - $110,000 | N/A |
| $110,001+ | N/A |
Cost by Income Bracket Explained
Lower-income families (under $30K)
The 0-30000 income bracket pays $21,322 per year. Scorecard reports only one net price data point — no other income brackets are reported, likely due to small sample sizes. Four-year cost around $85,300 against $24,581 in 10-year median earnings is an extreme financial mismatch. Low-income students borrowing to attend Carolina College of Biblical Studies face significant long-term financial hardship by any metric the Scorecard can measure.
Middle-income families ($30K-$110K)
Scorecard does not report net price data for the 30001-48000, 48001-75000, 75001-110000, or 110001+ income brackets at this institution. The 0-30000 bracket's $21,322 net price is the only available reference. Middle-income families should request institutional net price estimates directly.
Higher-income families ($110K+)
Scorecard does not report net price data for higher income brackets at this institution. The financial picture at any income level is challenging given the $24,581 in 10-year median earnings, $25,750 median debt, and null repayment rates.
How Graduates Do
Earnings
Loan Repayment
| Metric | This School | Nat'l Avg |
|---|---|---|
| 1-year repayment | N/A | 52.0% |
| 3-year repayment | N/A | 62.0% |
| 5-year repayment | N/A | 68.0% |
| 7-year repayment | N/A | 72.0% |
Completion Rate
Admissions Snapshot
| Enrollment | 159 |
| Pell Grant recipients | 53.3% |
Scorecard does not report an admission rate or standardized test data for Carolina College of Biblical Studies. Enrollment is 159 students. The institution's mission and small size suggest that admission is primarily filtered by doctrinal alignment and motivation for Christian ministry rather than academic credentials.
Compared to Similar Schools
Peer institutions matched by type, size, and selectivity.
Carolina College of Biblical Studies' peer set includes Barton College, Belmont Abbey College, Central Christian College of the Bible, Cleveland Institute of Music, and Trinity Bible College. Among small faith-based institutions with ministry-focused curricula, this institution's Scorecard profile is at the weak end. Central Christian College of the Bible and Trinity Bible College operate in the same institutional category. The economic return metrics for ministry credentials are uniformly low across this sector; the differentiation among peers is primarily theological tradition and geographic reach.
| School | ROI | Net Price | 10yr Earnings |
|---|---|---|---|
| Carolina College of Biblical Studies (this school) | 17 | $21,322 | $24,581 |
| Barton College | 24 | $23,626 | $47,913 |
| Belmont Abbey College | 24 | $24,639 | $47,937 |
| Cleveland Institute of Music | 20 | $28,226 | $32,641 |
| Trinity Bible College and Graduate School | 18 | $19,359 | $35,604 |
| Central Christian College of the Bible | 15 | $14,356 | $34,675 |
Who Thrives Here
Carolina College of Biblical Studies serves 159 students in Fayetteville, North Carolina. Scorecard does not report admission rates or test score ranges. The Pell grant rate of 53.3% is high, indicating predominantly low- and moderate-income enrollment. This is a small ministry-focused institution. The 0% reported completion rate and null repayment data indicate significant data gaps and likely attrition. Students considering this institution should request direct institutional graduation rate data, as the Scorecard data cannot establish a credible completion baseline.
The Verdict: The Numbers Don't Add Up
The financial data raises serious concerns about Carolina College of Biblical Studies. With a net cost of $21,322 per year and median graduate earnings of only $24,581 ten years out, the estimated payback period exceeds >50 years. For most students, the financial return does not justify the cost.
Areas of concern include weak earnings relative to cost and a 0.0% graduation rate and a long payback period.
Median debt of $25,750 against $24,581 in earnings is concerning. The debt-to-earnings ratio of 1.05 exceeds the commonly recommended threshold. Major choice is critical here.
NewsletterCollege decisions are better with data.
New analyses, updated school profiles, and tools - when there’s something worth acting on.
Rankings & Links
Guides & Tools
Data: College Scorecard API (U.S. Department of Education)
Vintage: 2024-2025 · Last updated: 2026-03-25
Earnings reflect median outcomes for all federal financial aid recipients. Individual results vary by major, effort, and career path.