Analysis
Based on peer finance programs nationally, graduates from small liberal arts colleges like Davis & Elkins typically start around $53,590βa figure that places these programs at the national median but significantly above what most West Virginia finance graduates earn. With only four schools offering this degree in the state, and WV's median sitting at $42,346, the estimated national benchmark suggests stronger career prospects than the local market typically delivers. West Virginia University's reported outcomes of $48,645 offer a closer-to-home comparison, though still fall short of the national figure Davis & Elkins' outcomes might mirror.
The estimated $25,812 in debt translates to a manageable 0.48 debt-to-earnings ratio, meaning graduates would owe roughly half their first-year salary. This aligns with what similar private colleges report nationally and represents a workable burden if earnings materialize as projected. The real question is whether Davis & Elkins' career services and alumni network can help graduates access positions that command national-level salaries rather than typical West Virginia wagesβa $11,000 annual difference that compounds significantly over a career.
For an anxious parent, recognize you're evaluating a program with limited graduate outcome data, meaning actual results could vary considerably from these peer-based estimates. The financial math works if your child lands a position paying near the national median, but verify how many recent graduates secured jobs outside West Virginia's lower-wage market and whether the college's career placement specifically supports that path.
Where Davis & Elkins College Stands
Earnings vs. debt across all finance and financial management services bachelors's programs nationally
Compare to Similar Programs in West Virginia
Finance and Financial Management Services bachelors's programs at peer institutions in West Virginia (4 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $31,270 | $53,590* | β | $25,812* | β | |
| $9,648 | $48,645* | $71,597 | $25,000* | 0.51 | |
| $8,942 | $36,046* | $50,289 | $26,696* | 0.74 | |
| National Median | β | $53,590* | β | $23,332* | 0.44 |
Career Paths
Occupations commonly associated with finance and financial management services graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Personal Financial Advisors
Financial and Investment Analysts
Financial Risk Specialists
Budget Analysts
Business Teachers, Postsecondary
Insurance Underwriters
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Davis & Elkins College, approximately 40% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 431 similar programs. Actual outcomes may vary.