Business/Commerce, General graduates from Wake Forest University earn $118,167 median salary — above the national average for this program. Median debt: $18,899.
Business/Commerce, General at Wake Forest University
Winston-Salem, North Carolina • Bachelor's
What the IPEDS & College Scorecard Data Shows for Business/Commerce, General at Wake Forest University
This page combines two federal data products: IPEDS institutional characteristics for Wake Forest University and the College Scorecard field-of-study (FOS) file for Business/Commerce, General at the bachelor's credential level. The FOS file is keyed by CIP (Classification of Instructional Programs) code, which means earnings and debt figures here reflect only graduates of this specific program — not the school as a whole. IPEDS reports 154 completers in the most recent cohort for this program at Wake Forest University, the denominator behind the median earnings figure.
Median graduate earnings of $118,167 represent Treasury-verified wages approximately one year after program completion, drawn from Social Security Administration records linked to federal financial aid applicants. Compared to the national mean of $63,131 across all institutions offering Business/Commerce, General, graduates here earn above the national average for this program. Across all programs at Wake Forest University, the mean median-earnings figure is $89,469, providing internal context for whether this specific field out-earns other options at the same institution.
Debt signals complete the ROI picture. The median cumulative federal loan debt for Business/Commerce, General graduates at Wake Forest University is $18,899, which translates to roughly $157 per month on a standard 10-year repayment plan. The debt-to-earnings ratio of 0.16 is under the 1.0 threshold the College Scorecard uses to flag favorable gainful-employment outcomes — earnings in year one already exceed cumulative borrowing. Program-level debt and earnings come from the Department of Education’s College Scorecard FOS release, updated annually.
Earnings Comparison
Program Details
Debt & ROI
Business/Commerce, General at Other Schools
| School | Median Earnings | Median Debt |
|---|---|---|
| University of Virginia-Main Campus | $142,113 | — |
| New York University | $137,804 | $19,500 |
| Baylor University | $124,434 | $15,000 |
| Wake Forest University (this school) | $118,167 | $18,899 |
| Northeastern University Oakland | $113,620 | $22,500 |
| Northeastern University | $113,620 | $22,500 |
| University of Notre Dame | $111,444 | — |
| Brandeis University | $108,405 | $26,000 |
| Lehigh University | $107,079 | — |
| George Washington University | $107,023 | $20,500 |
Other Programs at Wake Forest University
| Program | Median Earnings | Median Debt |
|---|---|---|
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing | $221,028 | $103,942 |
| Management Sciences and Quantitative Methods | $146,608 | — |
| Finance and Financial Management Services | $145,996 | $19,500 |
| Business Administration, Management and Operations | $135,677 | $61,051 |
| Allied Health Diagnostic, Intervention, and Treatment Professions | $127,297 | $128,561 |
| Management Sciences and Quantitative Methods | $127,072 | $50,885 |
| Medicine | $119,030 | $193,205 |
| Business/Commerce, General (current) | $118,167 | $18,899 |
| Accounting and Related Services | $116,679 | $43,000 |
| Computer Science | $115,493 | $20,549 |
Other Schools with Business/Commerce, General
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About the Data
Data from the U.S. Department of Education College Scorecard Field of Study file. Earnings are median earnings for graduates after completion, drawn from U.S. Treasury tax records linked to federal financial aid applicants. Institutional characteristics come from IPEDS. Debt figures represent the median cumulative federal loan debt at graduation.
Debt-to-earnings ratio compares cumulative debt to annual earnings. A ratio below 1.0 indicates that annual earnings exceed total debt, generally considered favorable. Estimated monthly payments assume a standard 10-year repayment plan.
Read our methodology — how this data is sourced, computed, and verified.