Program Wage and Debt Outcomes by Institution home page

Program Details
Ferrum College
Accounting (52.0301)
Bachelor's Degree

Enrollment, Awards, Wages, Debt, and Other Outcomes

Accounting

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

Degree Title: BA/BS

2010 CIP Code: 520301

	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
2018-19	27	27	11
2019-20	19	17	1
2020-21	18	20	1
2021-22	14	14	9
2022-23	10	10	4

Average time-to-completion in years	Average credits-to-completion	Average monthly earnings six months after graduation
4.00	120	$ 1,852

Average time-to-completion in years (transfer students)	Average credits-to-completion (transfer students)
3.85	85

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	Out-of-State	Total
2018-19	9	2	11
2019-20	1	0	1
2020-21	1	0	1
2021-22	9	0	9
2022-23	4	0	4
Five Year Summary	24	2	26

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	6	1	0	26	3	16	0	26

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)	43	51%	$42,490	$59,727	$71,536
2013-14 (8 years)	44	55%	$45,289	$58,322	$81,425
2016-17 (5 years)	27	74%	$40,618	$51,192	$70,177
2018-19 (3 years)	37	65%	$34,198	$46,185	$58,563
2020-21 (18 months)	26	54%	$22,073	$32,802	$39,327

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	32	100.0%	$ 26,410	$ 28,878	$ 37,450	$ 47,210
2014-15 to 2018-19	37	100.0%	$ 26,910	$ 28,980	$ 35,727	$ 45,000
2015-16 to 2019-20	31	100.0%	$ 26,922	$ 33,422	$ 35,448	$ 45,000
2016-17 to 2020-21	26	100.0%	$ 26,922	$ 29,359	$ 33,962	$ 44,623
2017-18 to 2021-22	31	93.9%	$ 23,485	$ 27,000	$ 30,867	$ 40,000

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	32	100.0%	$ 31,365	$ 48,841	$ 50,508	$ 61,431
2014-15 to 2018-19	37	100.0%	$ 39,276	$ 49,181	$ 53,587	$ 66,231
2015-16 to 2019-20	31	100.0%	$ 43,945	$ 50,152	$ 57,309	$ 70,497
2016-17 to 2020-21	26	100.0%	$ 41,996	$ 52,190	$ 58,732	$ 78,162
2017-18 to 2021-22	31	93.9%	$ 26,802	$ 45,000	$ 52,276	$ 68,681

More Details on Enrollment History.

More Details on Degree Awards History.