Program Wage and Debt Outcomes by Institution home page

Program Details
Ferrum College
Liberal Arts and Sciences/Liberal Studies (24.0101)
Bachelor's Degree

Enrollment, Awards, Wages, Debt, and Other Outcomes

Liberal Arts

Program Status: Active/Approved to Enroll Students and Confer Degrees

Degree Title: BA/BS

2010 CIP Code: 240101

	Credit Hours	Program Offered
On-Campus:	Yes	No
Off-Campus:	Yes	No

Date Progam Approved to Confer Degrees: Before SCHEV

Date of Last Council Action (mm/yyyy) 07/1975

Enrollments and Awards
Academic Year	Fall Headcount	Annual FTE	Degrees
2016-17	40	36	13
2017-18	29	28	6
2018-19	29	28	7
2019-20	1	0	1
2020-21	3	2	0

Average time-to-completion in years	Average credits-to-completion	Average monthly earnings six months after graduation
4.79	128	$ 3,447

Average time-to-completion in years (transfer students)	Average credits-to-completion (transfer students)
4.25	102

The table to the right provides the degree award history of each the last five years, disaggregated by state residency. This breakout may may help explain why a relatively low percentage of program completers may appear to be working in Virginia.

Program Graduates by Domicile
Year	In-State	Total
2018-19	7	7
2019-20	1	1
Five Year Summary	8	8

Distribution by Gender and Race/Ethnicity within Five-year Totals,

Year	Foreign/ International	African Am. or Black (NH)	Am. Indian/ Native Am. (NH)	Asian/ Pacific Islander (NH)	Hispanic	White, Caucasian Am. (NH)	Multi-Race (NH)	Unknown/ Unreported (NH)	Total
Sum of the Last 5 Years	0	0	0	0	8	0	8	0	8

Wages Earned in 2020

The table below shows the wage data for the select program and places it in the context of all wages at the same degree level of this institution by graduates with at least three (3) quarters of employment.

Post-Completion Wage Outcomes, Earnings in 2022
Graduation Year	Grads (n)	Grads w/Wages (n)	25th Percentile	Median Wage	75th Percentile
2011-12 (10 years)	62	81%	$46,153	$50,611	$58,065
2013-14 (8 years)	68	71%	$42,466	$51,810	$57,223
2016-17 (5 years)	58	71%	$43,902	$48,333	$56,211
2018-19 (3 years)	43	79%	$42,538	$45,814	$53,248
2020-21 (18 months)	27	93%	$42,528	$43,882	$47,915

Student Debt of Graduates

Number of Borrowers and Known Debt at Graduation
	Borrowers (n)	Borrowers (%)	25th Percentile	Median	Mean	75th Percentile
2013-14 to 2017-18	36	81.8%	$ 27,000	$ 34,608	$ 37,261	$ 42,812
2014-15 to 2018-19	34	79.1%	$ 25,750	$ 31,723	$ 33,811	$ 40,773
2015-16 to 2019-20	25	73.5%	$ 23,196	$ 29,946	$ 32,871	$ 40,166
2016-17 to 2020-21	20	74.1%	$ 22,471	$ 27,839	$ 33,204	$ 43,226

Note: Student borrowing at graduation, excludes PLUS loans, in five-year rollups. Includes all known institutionally-processed borrowing occuring at all public and nonprofit institutions in Virginia. Debt accrued outside Virginia in prior postsecondary activity is not available.

Number of Borrowers and Known Debt at Graduation, Including Parent-PLUS and Grad-PLUS
	Borrowers (n)	Borrowers (%)	25th Percentile	Median	Mean	75th Percentile
2013-14 to 2017-18	36	81.8%	$ 35,612	$ 46,297	$ 51,632	$ 68,147
2014-15 to 2018-19	34	79.1%	$ 32,446	$ 44,925	$ 47,548	$ 60,050
2015-16 to 2019-20	25	73.5%	$ 29,660	$ 45,000	$ 48,879	$ 69,529
2016-17 to 2020-21	20	74.1%	$ 26,375	$ 43,226	$ 46,056	$ 65,366

More Details on Enrollment History.

More Details on Degree Awards History.