Analysis
Four years after graduation, Ferrum's health sciences bachelor's earners are making $34,267—actually less than the estimated $36,654 first-year figure drawn from peer Virginia programs. This backward slide is unusual and troubling, suggesting either program-specific challenges or that graduates are working part-time or leaving the field entirely. Meanwhile, the $27,000 in debt sits right at Virginia's median for these programs, meaning you're taking on typical borrowing for below-typical results.
The debt burden itself isn't extreme—about nine months of that fourth-year salary—but when earnings are stagnant or declining in the years after graduation, that ratio matters less than the absolute number. Virginia's health sciences programs typically produce first-year earnings around $36,600, and most graduates see income growth through year four. That Ferrum's reported fourth-year figure is lower raises questions about the types of roles graduates are securing or the strength of the school's clinical placement network. With a 100% admission rate and serving nearly half its students on Pell grants, Ferrum may be reaching students who need the most support but getting them outcomes that trail the state average.
Before committing, demand specifics: What exact jobs are recent graduates taking? What percentage work full-time in health services four years out? Without clearer answers about why earnings decline rather than grow, this program carries more risk than Virginia's other health sciences options.
Where Ferrum College Stands
Earnings vs. debt across all health services/allied health/health sciences bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Ferrum College | — | $34,267 | — |
| Creighton University | $47,496 | $129,668 | +173% |
| Touro University | $98,520 | $77,878 | -21% |
| South University-Richmond | $36,654 | $40,651 | +11% |
| South University-Virginia Beach | $36,654 | $40,651 | +11% |
Compare to Similar Programs in Virginia
Health Services/Allied Health/Health Sciences bachelors's programs at peer institutions in Virginia (8 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $38,320 | $36,654* | $34,267 | $27,000 | — | |
| $18,238 | $36,654* | $40,651 | $57,500 | 1.57 | |
| $18,238 | $36,654* | $40,651 | $57,500 | 1.57 | |
| $39,050 | $25,727* | — | $26,000 | 1.01 | |
| National Median | — | $35,279* | — | $26,690 | 0.76 |
Career Paths
Occupations commonly associated with health services/allied health/health sciences graduates
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 3 similar programs in VA. Actual outcomes may vary.