Student Outcomes
- Graduation Rate (4-year)
- 47.4%
- Graduation Rate (6-year)
- 48.6%
- Retention Rate
- 62.7%
- Median Earnings (10 years after entry)
- $53,459
- Median Debt at Graduation
- $27,000
- Student-to-Faculty Ratio
- 15:1
- Loan Repayment Rate
- 67.7%
- Estimated Monthly Loan Payment
- $286/mo
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Theological and Ministerial Studies. | Master | $41,565 | |
| Health and Physical Education/Fitness. | Bachelor | $32,382 | |
| Biology, General. | Bachelor | $29,685 | $27,000 |
| Business Administration, Management and Operations. | Bachelor | $29,685 | $27,000 |
Outcomes Overview
Erskine graduates carry a median debt of $27,000, which represents 51% of their typical starting salary of $53,459. Monthly loan payments of $286 consume about 6.4% of post-graduation income, a manageable burden compared to the national average of 10-15%. The college's 97.8% employment rate reflects its strong alumni network and career services support. Many graduates enter education, business, and ministry fields, aligning with Erskine's Presbyterian heritage and liberal arts mission. The debt-to-income ratio of 0.5 falls within the recommended range for sustainable repayment. Despite the modest graduation rates, employed graduates demonstrate solid earning potential relative to their educational investment. This represents an average return on investment for a small liberal arts college.