Laurus College

San Luis Obispo, CA · Private for-profit · www.lauruscollege.edu/ ↗

Laurus College is a private for-profit college in San Luis Obispo, California, set in a small city. It mostly awards associate degrees and has 1,116 undergraduate degree-seeking students. By number of associate degrees awarded, its largest programs are Business Administration, Management and Operations; Computer/Information Technology Administration and Management; and Health and Medical Administrative Services.

Source: U.S. Department of Education College Scorecard.

Laurus College at a glance

Undergraduate enrollment
1,116
Similar schools: 396
Average net priceiAverage sticker price minus typical grants and scholarships: the amount most students actually pay out-of-pocket plus loans.
$26,056
Similar schools: $27,950
Graduation rate (6 yrs)iShare of full-time students who finished a 4-year degree within 6 years (which is 150% of the standard 4-year time).
33.2%
Similar schools: 50.6%
Median earnings (10 yrs)iMedian earnings of students 10 years after they started college, among those working and not enrolled in further schooling.
$40,324
Similar schools: $46,253
Median debt at graduationiMedian federal student-loan balance carried by students who graduated. Doesn't include Parent PLUS or private loans.
$35,333
Similar schools: $18,740
First-year retentioniShare of first-year students who came back for year two. A baseline measure of student satisfaction.
79.3%
Similar schools: 66.7%

What the data shows about Laurus College

Comparisons below use the medians for the 177 private for-profit schools that mostly award associate degrees in the College Scorecard. Its average net price is $26,056 a year, lower than the $27,950 median for similar schools. 79.3% of first-time, full-time students return for a second year (similar-school median: 66.7%). 33.2% of full-time students finish a four-year degree within six years, lower than the 50.6% median. Ten years after enrolling, former students who are working earn a median of $40,324, lower than the $46,253 median for similar schools. Graduates leave with a median of $35,333 in federal student loans (similar-school median: $18,740).