Program Wage and Debt Outcomes by Institution home page

Program Details
Norfolk State University
Business/Commerce, General (52.0101)
Bachelor's Degree

Enrollment, Awards, Wages, Debt, and Other Outcomes

Business

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

Degree Title: BS

2010 CIP Code: 520101

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

Date Progam Approved to Confer Degrees: Before SCHEV

Enrollments and Awards
Academic Year	Fall Headcount	Annual FTE	Degrees
2018-19	483	457	58
2019-20	549	533	83
2020-21	534	497	97
2021-22	592	563	71
2022-23	679	652	84

Average time-to-completion in years	Average credits-to-completion	Average monthly earnings six months after graduation
5.84	130	$ 3,299

Average time-to-completion in years (transfer students)	Average credits-to-completion (transfer students)
4.49	101

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	50	8	58
2019-20	61	22	83
2020-21	76	21	97
2021-22	51	20	71
2022-23	67	17	84
Five Year Summary	305	88	393

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	11	310	0	2	393	17	19	15	393

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)	471	45%	$40,835	$58,798	$78,510
2013-14 (8 years)	458	51%	$39,476	$54,429	$74,906
2016-17 (5 years)	454	52%	$35,705	$48,218	$67,346
2018-19 (3 years)	389	50%	$31,925	$48,465	$60,055
2020-21 (18 months)	381	55%	$24,627	$35,879	$48,665

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	368	89.8%	$ 26,000	$ 33,632	$ 35,178	$ 44,869
2014-15 to 2018-19	342	89.3%	$ 25,684	$ 32,883	$ 35,007	$ 45,096
2015-16 to 2019-20	322	88.5%	$ 25,000	$ 32,180	$ 34,936	$ 44,868
2016-17 to 2020-21	325	87.1%	$ 24,066	$ 31,118	$ 34,950	$ 44,391
2017-18 to 2021-22	310	85.9%	$ 22,288	$ 30,912	$ 34,069	$ 43,894

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	368	89.8%	$ 27,125	$ 38,763	$ 41,221	$ 49,799
2014-15 to 2018-19	342	89.3%	$ 26,922	$ 38,763	$ 41,352	$ 50,914
2015-16 to 2019-20	322	88.5%	$ 26,920	$ 38,583	$ 42,432	$ 53,356
2016-17 to 2020-21	326	87.4%	$ 25,000	$ 37,932	$ 42,435	$ 54,368
2017-18 to 2021-22	311	86.1%	$ 25,000	$ 36,701	$ 43,405	$ 56,344

More Details on Enrollment History.

More Details on Degree Awards History.