Program Wage and Debt Outcomes by Institution home page

Program Details
Virginia Tech
Aerospace, Aeronautical, and Astronautical/Space Engineering... (14.0201)
Master's Degree

Enrollment, Awards, Wages, Debt, and Other Outcomes

Aerospace Engineering

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

Degree Title: MS/MENG

2010 CIP Code: 140201

	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

This program can be completed solely via distance education.

Enrollments and Awards
Academic Year	Fall Headcount	Annual FTE	Degrees
2019-20	80	66	29
2020-21	103	80	33
2021-22	155	121	47
2022-23	156	120	61
2023-24	140	106	65

Average time-to-completion in years	Average credits-to-completion	Average monthly earnings six months after graduation
		$ 6,156

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	11	15	26
2019-20	18	11	29
2020-21	20	13	33
2021-22	24	23	47
2022-23	38	23	61
Five Year Summary	111	85	196

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	33	1	0	13	196	7	130	3	196

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)	108	22%	$114,107	$158,272	$185,722
2013-14 (8 years)	112	21%	$133,587	$153,177	$171,556
2016-17 (5 years)	111	20%	$112,123	$125,363	$146,905
2018-19 (3 years)	125	18%	$91,983	$108,298	$124,248
2020-21 (18 months)	140	19%	$79,902	$102,464	$110,748

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	19	16.2%	$ 16,565	$ 28,500	$ 27,586	$ 41,000
2014-15 to 2018-19	17	13.6%	$ 20,500	$ 30,750	$ 28,140	$ 41,000
2015-16 to 2019-20	19	15.3%	$ 10,250	$ 28,168	$ 24,189	$ 37,476
2016-17 to 2020-21	27	19.3%	$ 8,301	$ 20,500	$ 19,809	$ 32,460
2017-18 to 2021-22	35	22.3%	$ 8,301	$ 20,284	$ 18,059	$ 20,500

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	19	16.2%	$ 16,565	$ 37,476	$ 32,346	$ 42,110
2014-15 to 2018-19	17	13.6%	$ 20,500	$ 37,863	$ 35,815	$ 42,230
2015-16 to 2019-20	19	15.3%	$ 10,250	$ 28,168	$ 29,338	$ 41,000
2016-17 to 2020-21	27	19.3%	$ 8,301	$ 20,500	$ 23,433	$ 37,863
2017-18 to 2021-22	35	22.3%	$ 8,301	$ 20,284	$ 20,705	$ 27,626

More Details on Enrollment History.

More Details on Degree Awards History.