Analysis
The estimated $26,488 in debt for this Communication and Media Studies degree sits just above the state median, while projected earnings of $36,220 track exactly with what similar Virginia programs produce. That 0.73 debt-to-earnings ratio means graduates would be borrowing roughly nine months of their first-year salary—manageable territory that suggests this could work financially, though it's worth noting that top-tier programs in Virginia (like UVA and Virginia Tech) report outcomes 20-30% higher for their communications graduates.
What complicates the picture is Ferrum's 100% admission rate and the fact that 47% of students receive Pell grants. Open-access institutions serving economically vulnerable populations don't always see the same completion and employment outcomes as their selective peers, even when debt loads are similar. The estimates here assume graduates will land jobs at typical rates and earnings levels for Virginia communications majors—assumptions that may not hold if students face additional barriers to completion or career placement.
The practical question is whether your child has the support systems and resilience to complete this degree and launch a communications career. If they do, the debt level won't crush them. If they don't—and completion is uncertain at any open-enrollment school—even moderate debt becomes problematic. Visit campus, ask about completion rates and career services specifically for communications majors, and get concrete examples of where recent graduates are working.
Where Ferrum College Stands
Earnings vs. debt across all communication and media studies bachelors's programs nationally
Compare to Similar Programs in Virginia
Communication and Media Studies bachelors's programs at peer institutions in Virginia (29 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $38,320 | $36,220* | — | $26,488* | — | |
| $17,488 | $47,622* | $47,238 | $56,858* | 1.19 | |
| $20,986 | $47,368* | $68,510 | $21,230* | 0.45 | |
| $15,478 | $44,309* | $55,850 | $20,613* | 0.47 | |
| $13,576 | $42,769* | $56,819 | $21,502* | 0.50 | |
| $48,002 | $40,328* | $54,123 | $27,000* | 0.67 | |
| National Median | — | $34,959* | — | $25,000* | 0.72 |
Career Paths
Occupations commonly associated with communication and media studies graduates
Public Relations Managers
Fundraising Managers
Communications Teachers, Postsecondary
Editors
Writers and Authors
Poets, Lyricists and Creative Writers
Public Relations Specialists
Fundraisers
News Analysts, Reporters, and Journalists
Broadcast Announcers and Radio Disc Jockeys
Media and Communication Workers, All Other
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 Ferrum College, approximately 47% 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 median of 15 similar programs in VA. Actual outcomes may vary.