The Wages of Recent Graduates from Virginia s Colleges and Universities

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1 The Wages of Recent Graduates from Virginia s Colleges and Universities Mark Schneider President, College Measures Vice President, American Institutes for Research Tod R. Massa Director, Policy Research and Data Warehousing State Council of Higher Education for Virginia Ben Vivari Director, College Measures

2 Table 1: Average First-Year Wages by Bachelor s Degree Program Highest Institution Area of Study Average First- Year Wages University 1 Information Science/Studies $69,300 University 2 University 3 Registered Nursing/Registered Nurse Human Resources Management/Personnel Administration $68,600 $68,200 University 4 Computer Engineering, General $63,200 University 4 Mathematics, General $62,600

3 Lowest Average First-Year Wages by Bachelor s Degree Program Institution Area of Study Average First- Year Wages University Psychology, General $23,300 College Fine/Studio Arts, General $23,000 College Psychology, General $22,800 University Sociology $21,200 University Philosophy and Religious Studies, Other $20,000

4 Figure 1: Average 1st Year Earnings Bachelor s Degree Graduates $15,000 $25,000 $35,000 $45,000 $55,000 $65,000 $75,000 STATE INSTITUTIONAL AVG. $47,900 $45,500 $44,500 $43,600 $41,600 $40,800 $40,400 $40,300 $40,000 $40,000 $39,000 $38,600 $38,500 $37,300 $37,300 $37,250 $37,200 $36,500 $35,900 $35,300 $34,900 $34,900 $34,800 $34,400 $34,400 $33,200 $33,100 $32,700 $32,100 $32,000 $31,300 $30,400 $30,200 $29,800 $29,100 $28,900 $28,500 $28,300 $27,000 $26,300 $53,900 $53,500 $70,700

5 Figure 1: Average 1st Year Earnings Bachelor s Degree Graduates $15,000 $25,000 $35,000 $45,000 $55,000 $65,000 $75,000 STATE INSTITUTIONAL AVG. $47,900 $45,500 $44,500 $43,600 $41,600 $40,800 $40,400 $40,300 $40,000 $40,000 $39,000 $38,600 $38,500 $37,300 $37,300 $37,250 $37,200 $36,500 $35,900 $35,300 $34,900 $34,900 $34,800 $34,400 $34,400 $33,200 $33,100 $32,700 $32,100 $32,000 $31,300 $30,400 $30,200 $29,800 $29,100 $28,900 $28,500 $28,300 $27,000 $26,300 $53,900 $53,500 $70,700

6 Figure 2: Average First Year Wages, for Most Popular Programs of Study, Bachelor's Level Registered Nursing/Registered Nurse $52,800 Business Administration and Management, General Accounting Economics, General Business/Commerce, General Marketing/Marketing Management, General State Average Multi-/Interdisciplinary Studies, Other Liberal Arts and Sciences/Liberal Studies Political Science and Government, General Speech Communication and Rhetoric History, General Sociology English Language and Literature, General Psychology, General Biology/Biological Sciences, General $43,000 $42,800 $41,500 $40,500 $39,500 $38,500 $36,900 $35,000 $33,100 $32,500 $32,400 $32,100 $31,700 $31,600 $30,100 $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000

7 Figure 3: First-year Wages of Graduates from the Three Largest Bachelor s Programs of Study, by Institution ( )

8 Figure 3: First-year Wages of Graduates from the Three Largest Bachelor s Programs of Study, by Institution ( )

9 Table 2: Types of Associate s Degrees Associate's Degrees (Bachelor's credit) Associate's Degrees (Occupational / Technical) Number of graduates 35,594 26,758 Percent of graduates with wage data 35% 69% Average First-year Wages $33,900 $40,100 Most Popular Degree programs Liberal Arts and Sciences/Liberal Studies General Studies Business Administration and Management, General Social Sciences, General Humanities/Humanistic Studies Registered Nursing/Registered Nurse Business Administration, Management and Operations, Other Computer and Information Sciences, General Criminal Justice/Law Enforcement Administration Business Operations Support and Secretarial Services, Other

10 Figure 4: Average First-Year Wages for Occupational Oriented vs. Bachelor's Oriented Community College Programs CC23 CC22 CC21 CC20 CC19 CC18 CC17 CC16 CC15 CC14 CC13 CC12 CC11 CC10 CC9 CC8 CC7 CC6 CC5 CC4 CC3 CC2 CC1 $2,700 $3,600 $2,700 $8,500 $7,000 $7,300 $10,300 $10,200 $8,300 $4,400 $7,200 $8,700 $8,000 $6,300 $9,400 $10,400 $5,200 $12,500 $11,400 $15,300 $16,500 $15,400 $10,200 $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 Bachelor's Oriented Occupationally oriented

11 Figure 4: Average First-Year Wages for Occupational Oriented vs. Bachelor's Oriented Community College Programs CC23 CC22 CC21 CC20 CC19 CC18 CC17 CC16 CC15 CC14 CC13 CC12 CC11 CC10 CC9 CC8 CC7 CC6 CC5 CC4 CC3 CC2 CC1 $2,700 $3,600 $2,700 $8,500 $7,000 $7,300 $10,300 $10,200 $8,300 $4,400 $7,200 $8,700 $8,000 $6,300 $9,400 $10,400 $5,200 $12,500 $11,400 $15,300 $16,500 $15,400 $10,200 $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 Bachelor's Oriented Occupationally oriented

12 Figure 5: Average First Year Wages for Earners of Associate's Degrees (Bachelor's Oriented) Physical Sciences $27,213 Social Sciences, General $28,459 Liberal Arts and Sciences/Liberal Studies $28,599 Humanities/Humanistic Studies $31,880 Biological and Physical Sciences $32,296 General Studies $36,331 Business Administration and Management, General $38,018 Engineering, General $38,872 Family Practice Nurse/Nursing $44,951 Registered Nursing/Registered Nurse $56,350 $15,000 $20,000 $25,000 $30,000 $35,000 $40,000 $45,000 $50,000 $55,000 $60,000

13 Figure 6: Average First Year Wages for Earners of Associate's Degrees (Occupational/Technical Oriented) Child Care Provider/Assistant $25,000 Business Operations Support and Secretarial Services, Other $25,000 Mental and Social Health Services and Allied Professions, Other $25,100 Legal Assistant/Paralegal $32,100 Accounting and Related Services, Other $33,500 Business Administration, Management and Operations, Other $35,000 Criminal Justice/Law Enforcement Administration $35,200 Computer and Information Sciences, General $40,500 Respiratory Care Therapy/Therapist $44,800 Registered Nursing/Registered Nurse $47,100 Industrial Technology/Technician $47,400 $15,000 $20,000 $25,000 $30,000 $35,000 $40,000 $45,000 $50,000

14 Figure 5: First Year Average Wages In Two Large Programs Vary Across Community Colleges

15 Figure 6: Average First Year Wages of Graduates from Sample Occupation/Career Oriented Programs Compared to Wages of Graduates from Bachelor s Credit Oriented Programs in Four Virginia Community Colleges

16 Figure 6: Average First Year Wages of Graduates from Sample Occupation/Career Oriented Programs Compared to Wages of Graduates from Bachelor s Credit Oriented Programs in Four Virginia Community Colleges

17 Figure 6: Average First Year Wages of Graduates from Sample Occupation/Career Oriented Programs Compared to Wages of Graduates from Bachelor s Credit Oriented Programs in Four Virginia Community Colleges

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