Program Wage and Debt Outcomes by Institution home page

Program Details
Virginia Tech
Physics, General (40.0801)
Bachelor's Degree

Enrollment, Awards, Wages, Debt, and Other Outcomes

Physics

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

Degree Title: BA/BS

2010 CIP Code: 400801

	Credit Hours	Program Offered
On-Campus:	Yes	Yes
Off-Campus:	Yes	Yes

Date Progam Approved to Confer Degrees: Before SCHEV

Program authorized for distance learning

Enrollments and Awards
Academic Year	Fall Headcount	Annual FTE	Degrees
2018-19	306	315	53
2019-20	268	249	75
2020-21	220	216	44
2021-22	247	242	51
2022-23	260	257	42

Average time-to-completion in years	Average credits-to-completion	Average monthly earnings six months after graduation
4.49	139	$ 4,237

Average time-to-completion in years (transfer students)	Average credits-to-completion (transfer students)
3.66	99

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	35	18	53
2019-20	53	22	75
2020-21	36	8	44
2021-22	38	13	51
2022-23	31	11	42
Five Year Summary	193	72	265

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	31	4	0	14	265	25	174	5	265

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)	95	28%	$76,850	$122,445	$139,763
2013-14 (8 years)	108	29%	$45,308	$83,976	$117,548
2016-17 (5 years)	172	28%	$45,193	$63,777	$88,352
2018-19 (3 years)	247	28%	$50,019	$71,910	$87,442
2020-21 (18 months)	284	24%	$30,615	$51,347	$72,977

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	116	53.7%	$ 18,125	$ 27,000	$ 33,940	$ 40,741
2014-15 to 2018-19	126	51.6%	$ 18,750	$ 27,000	$ 34,979	$ 42,745
2015-16 to 2019-20	129	46.9%	$ 19,500	$ 27,486	$ 36,451	$ 44,165
2016-17 to 2020-21	131	46.8%	$ 19,400	$ 27,188	$ 35,328	$ 43,000
2017-18 to 2021-22	136	47.7%	$ 18,907	$ 27,000	$ 34,792	$ 42,373

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	116	53.7%	$ 18,750	$ 31,000	$ 44,169	$ 65,697
2014-15 to 2018-19	126	51.6%	$ 19,000	$ 28,875	$ 43,657	$ 65,935
2015-16 to 2019-20	130	47.3%	$ 20,000	$ 31,000	$ 45,445	$ 65,935
2016-17 to 2020-21	132	47.1%	$ 20,214	$ 30,937	$ 45,010	$ 62,683
2017-18 to 2021-22	137	48.1%	$ 19,942	$ 29,260	$ 42,925	$ 54,666

More Details on Enrollment History.

More Details on Degree Awards History.