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
2020-21	534	497	97
2021-22	592	563	71
2022-23	679	652	84
2023-24	712	673	106
2024-25	729	714	108

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

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

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
2020-21	76	21	97
2021-22	51	20	71
2022-23	67	17	84
2023-24	78	28	106
2024-25	74	34	108
Five Year Summary	346	120	466

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	373	0	1	466	30	18	13	466

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	327	88.1%	$ 25,000	$ 32,171	$ 34,963	$ 44,868
2016-17 to 2020-21	331	86.9%	$ 24,066	$ 31,250	$ 34,961	$ 44,391
2017-18 to 2021-22	318	85.9%	$ 22,288	$ 30,901	$ 33,871	$ 43,310
2018-19 to 2022-23	328	83.5%	$ 21,950	$ 29,664	$ 33,550	$ 42,482
2019-20 to 2023-24	362	82.1%	$ 22,840	$ 30,500	$ 33,910	$ 42,464

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	327	88.1%	$ 26,920	$ 38,472	$ 42,344	$ 53,356
2016-17 to 2020-21	332	87.1%	$ 25,086	$ 37,485	$ 42,310	$ 54,045
2017-18 to 2021-22	319	86.2%	$ 25,000	$ 34,966	$ 42,974	$ 55,474
2018-19 to 2022-23	330	84.0%	$ 24,500	$ 34,947	$ 43,669	$ 55,991
2019-20 to 2023-24	365	82.8%	$ 25,000	$ 36,730	$ 46,031	$ 56,529

More Details on Enrollment History.

More Details on Degree Awards History.