Student Outcomes
- Graduation Rate (4-year)
- 51.8%
- Graduation Rate (6-year)
- 47.1%
- Retention Rate
- 68.4%
- Median Earnings (10 years after entry)
- $40,867
- Median Debt at Graduation
- $27,000
- Student-to-Faculty Ratio
- 12:1
- Loan Repayment Rate
- 59.3%
- Estimated Monthly Loan Payment
- $286/mo
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Educational Administration and Supervision. | Master | $55,151 | |
| Special Education and Teaching. | Master | $39,009 | |
| Teacher Education and Professional Development, Specific Levels and Methods. | Master | $37,568 | $35,076 |
| Business Administration, Management and Operations. | Bachelor | $33,993 | $23,250 |
| Mental and Social Health Services and Allied Professions. | Master | $30,988 | |
| Design and Applied Arts. | Bachelor | $30,409 | |
| Psychology, General. | Bachelor | $25,194 | $27,000 |
Outcomes Overview
Converse graduates face a challenging financial reality after college. With median debt of $27,000 and median earnings of $40,867 ten years out, the debt-to-income ratio hits 66%. Monthly loan payments of $286 consume about 8% of typical graduate income. The school's strong music and education programs often lead graduates into teaching and arts careers, which traditionally offer lower starting salaries. Only 59% of borrowers successfully repay their loans on schedule. The 94% employment rate shows graduates find work, but earnings lag behind the national average for college graduates. Given the debt burden relative to earning potential, Converse offers a weak return on investment.