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
2019-20	549	533	83
2020-21	534	497	97
2021-22	592	563	71
2022-23	679	652	84
2023-24	712	673	106

Average time-to-completion in years	Average credits-to-completion	Average monthly earnings six months after graduation
5.26	136

Average time-to-completion in years (transfer students)	Average credits-to-completion (transfer students)
3.05	94

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
2019-20	61	22	83
2020-21	76	21	97
2021-22	51	20	71
2022-23	67	17	84
2023-24	78	28	106
Five Year Summary	333	108	441

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	12	353	0	1	441	24	20	11	441

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
Graduation Year	Grads (n)	Grads w/Wages (n)
2012-13 (10 years)	472	0%
2014-15 (8 years)	479	0%
2017-18 (5 years)	416	0%
2019-20 (3 years)	742	0%

Student Debt of Graduates

Number of Borrowers and Known Debt at Graduation
	Borrowers (n)	Borrowers (%)	25th Percentile	Median	Mean	75th Percentile
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
2018-19 to 2022-23	320	83.3%	$ 21,950	$ 29,664	$ 33,689	$ 42,508

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
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
2018-19 to 2022-23	322	83.9%	$ 24,750	$ 35,000	$ 44,059	$ 56,344

More Details on Enrollment History.

More Details on Degree Awards History.