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
2017-18	483	459	61
2018-19	483	457	58
2019-20	549	533	83
2020-21	534	497	97
2021-22	592	563	71

Average time-to-completion in years	Average credits-to-completion	Average monthly earnings six months after graduation
5.43	139	$ 2,873

Average time-to-completion in years (transfer students)	Average credits-to-completion (transfer students)
6.22	103

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
2017-18	48	13	61
2018-19	50	8	58
2019-20	61	22	83
2020-21	76	21	97
2021-22	51	20	71
Five Year Summary	286	84	370

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	10	292	0	3	370	13	18	17	370

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
Graduation Year	Grads (n)	Grads w/Wages (n)	25th Percentile	Median Wage	75th Percentile
2009-10 (10 years)	447	45%	$36,816	$50,843	$70,482
2011-12 (8 years)	471	46%	$32,801	$47,895	$64,415
2014-15 (5 years)	479	54%	$31,494	$42,064	$56,032
2016-17 (3 years)	454	56%	$26,525	$39,039	$50,432
2018-19 (18 months)	389	58%	$21,241	$31,828	$42,977

Student Debt of Graduates

Number of Borrowers and Known Debt at Graduation
	Borrowers (n)	Borrowers (%)	25th Percentile	Median	Mean	75th Percentile
2012-13 to 2016-17	399	88.9%	$ 26,000	$ 33,500	$ 35,393	$ 44,770
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

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
2012-13 to 2016-17	399	88.9%	$ 27,500	$ 37,702	$ 41,180	$ 49,839
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

More Details on Enrollment History.

More Details on Degree Awards History.