Program Wage and Debt Outcomes by Institution home page

Program Details
Washington and Lee 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: BAC

2010 CIP Code: 450601

	Credit Hours	Program Offered
On-Campus:	Yes	No
Off-Campus:	Yes	No

Date Progam Approved to Confer Degrees: Before SCHEV

Enrollments and Awards
Academic Year	Fall Headcount	Annual FTE	Degrees
2019-20	115	114	56
2020-21	132	135	63
2021-22	131	129	69
2022-23	108	109	67
2023-24	82	88	42

Average time-to-completion in years	Average credits-to-completion	Average monthly earnings six months after graduation
4.34	117	$ 3,670

Average time-to-completion in years (transfer students)	Average credits-to-completion (transfer students)
2.68	83

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	7	77	84
2019-20	10	46	56
2020-21	8	55	63
2021-22	10	59	69
2022-23	11	56	67
Five Year Summary	46	293	339

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	24	6	0	12	339	14	270	4	339

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)
2011-12 (10 years)	231	10%
2013-14 (8 years)	253	8%
2016-17 (5 years)	270	6%
2018-19 (3 years)	309	13%
2020-21 (18 months)	321	13%

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	88	37.6%	$ 6,770	$ 14,000	$ 16,117	$ 26,869
2014-15 to 2018-19	105	41.7%	$ 6,790	$ 15,000	$ 18,240	$ 27,000
2015-16 to 2019-20	119	46.5%	$ 6,938	$ 15,000	$ 21,722	$ 27,000
2016-17 to 2020-21	138	51.9%	$ 5,500	$ 14,500	$ 20,565	$ 26,371
2017-18 to 2021-22	130	46.8%	$ 6,276	$ 15,102	$ 22,417	$ 26,371

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	89	38.0%	$ 7,426	$ 28,062	$ 54,604	$ 78,995
2014-15 to 2018-19	106	42.1%	$ 8,319	$ 56,884	$ 63,472	$ 87,586
2015-16 to 2019-20	119	46.5%	$ 22,455	$ 64,970	$ 73,810	$ 109,000
2016-17 to 2020-21	138	51.9%	$ 17,810	$ 59,836	$ 68,142	$ 97,039
2017-18 to 2021-22	131	47.1%	$ 17,810	$ 61,970	$ 68,249	$ 95,459

More Details on Enrollment History.

More Details on Degree Awards History.