Student Outcomes
- Graduation Rate (4-year)
- 59.3%
- Graduation Rate (6-year)
- 56.3%
- Retention Rate
- 66.7%
- Median Earnings (10 years after entry)
- $44,640
- Median Debt at Graduation
- $26,649
- Student-to-Faculty Ratio
- 7:1
- Loan Repayment Rate
- 54.2%
- Estimated Monthly Loan Payment
- $283/mo
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Business Administration, Management and Operations. | Bachelor | $32,925 | $27,000 |
| Education, General. | Bachelor | $29,685 | $23,250 |
Outcomes Overview
Salem graduates earn a median of $44,640 ten years after graduation, creating a debt-to-earnings ratio of 60%. Monthly loan payments of $283 consume about 7.6% of typical graduate income. The college's strong liberal arts foundation traditionally leads students into education, social work, and nonprofit careers. However, the 56% six-year graduation rate means many students accumulate debt without completing their degree. Salem's 94% employment rate shows graduates find work, but starting salaries of $34,178 create financial pressure early in careers. The generous financial aid helps, with net prices averaging $18,835. Given the modest earnings potential and significant debt burden relative to income, Salem offers a weak return on investment.