Program Wage and Debt Outcomes by Institution home page

Program Details
James Madison University
Economics, General (45.0601)
Bachelor's Degree

Enrollment, Awards, Wages, Debt, and Other Outcomes

Economics

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

Degree Title: BA/BS

2010 CIP Code: 450601

	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
2019-20	202	220	61
2020-21	228	235	57
2021-22	219	215	85
2022-23	209	221	58
2023-24	219	231	80

Average time-to-completion in years	Average credits-to-completion	Average monthly earnings six months after graduation
4.25	129	$ 4,679

Average time-to-completion in years (transfer students)	Average credits-to-completion (transfer students)
3.11	88

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	27	77
2019-20	46	15	61
2020-21	44	13	57
2021-22	64	21	85
2022-23	47	11	58
Five Year Summary	251	87	338

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	30	21	0	27	338	31	208	11	338

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)	263	33%	$78,294	$113,697	$158,028
2013-14 (8 years)	208	33%	$67,216	$100,013	$147,527
2016-17 (5 years)	209	37%	$72,421	$94,772	$119,700
2018-19 (3 years)	282	43%	$55,225	$73,324	$93,156
2020-21 (18 months)	313	46%	$41,083	$56,030	$73,810

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	95	47.5%	$ 14,844	$ 23,013	$ 25,063	$ 28,697
2014-15 to 2018-19	110	46.0%	$ 13,855	$ 22,889	$ 25,068	$ 28,692
2015-16 to 2019-20	131	48.0%	$ 13,409	$ 23,137	$ 25,356	$ 28,692
2016-17 to 2020-21	125	46.1%	$ 13,409	$ 24,987	$ 26,427	$ 30,678
2017-18 to 2021-22	132	45.1%	$ 13,829	$ 25,337	$ 26,847	$ 30,713

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	97	48.5%	$ 17,358	$ 26,720	$ 39,207	$ 54,845
2014-15 to 2018-19	112	46.9%	$ 16,664	$ 26,240	$ 39,998	$ 55,545
2015-16 to 2019-20	135	49.5%	$ 16,505	$ 26,514	$ 40,966	$ 55,509
2016-17 to 2020-21	128	47.2%	$ 16,304	$ 32,116	$ 44,598	$ 66,801
2017-18 to 2021-22	136	46.4%	$ 16,822	$ 30,746	$ 45,075	$ 66,801

More Details on Enrollment History.

More Details on Degree Awards History.