Student Outcomes
- Graduation Rate (4-year)
- 28.5%
- Graduation Rate (6-year)
- 28.9%
- Retention Rate
- 58.6%
- Median Earnings (10 years after entry)
- $44,296
- Median Debt at Graduation
- $27,000
- Student-to-Faculty Ratio
- 11:1
- Loan Repayment Rate
- 47.1%
- Estimated Monthly Loan Payment
- $286/mo
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Criminal Justice and Corrections. | Bachelor | $33,993 | $27,000 |
| Teacher Education and Professional Development, Specific Subject Areas. | Bachelor | $30,771 | $27,000 |
| Natural Resources Conservation and Research. | Bachelor | $29,322 | |
| Psychology, General. | Bachelor | $25,194 | |
| Social Work. | Bachelor | $24,035 |
Outcomes Overview
Ferrum graduates earn a median of $44,296 ten years after graduation, creating a debt-to-earnings ratio of 61% based on the typical $27,000 in student loans. Monthly loan payments of $286 consume about 7.8% of median earnings, which is manageable but higher than the recommended 10% threshold for all debt combined. The college's strong agriculture and equestrian programs typically lead graduates into farming, veterinary services, and rural business sectors where starting salaries tend to be lower. With a 93.3% employment rate, graduates find work but face financial challenges early in their careers. Given the modest earnings potential relative to debt levels, Ferrum offers an average return on investment.