Median Earnings (1yr)
$31,449
58th percentile
60th percentile in North Carolina
Median Debt
$19,500
21% below national median

Analysis

Wake Forest's English program delivers slightly above-average earnings compared to other NC English programs, but at a steeper financial cost. At $31,449 one year out, graduates earn about $1,500 more than the state median for this major—landing in the 60th percentile among North Carolina schools. However, they're carrying $19,500 in debt, which is lower in absolute terms than many programs but still places them in the 80th percentile nationally (meaning only 20% of English programs nationwide leave students with more debt).

The real challenge here is context. While the 0.62 debt-to-earnings ratio looks manageable on paper, that first-year salary barely clears $31,000—and this is coming from one of the state's most selective institutions (22% acceptance rate, 1469 SAT average). Other prestigious NC schools like Elon and Meredith are producing English graduates who earn $4,000-5,000 more right out of the gate. For a family paying Wake Forest's private school premium—especially the 91% who don't qualify for Pell grants—this is a harder sell than the university's overall reputation might suggest.

The bottom line: if your child is passionate about English literature and set on Wake Forest, the debt load is at least moderate rather than crushing. But purely from an earnings standpoint, this isn't where the university's value proposition shines brightest. Several less selective NC schools are delivering stronger immediate outcomes for English majors.

Where Wake Forest University Stands

Earnings vs. debt across all english language and literature bachelors's programs nationally

Earnings Distribution

How Wake Forest University graduates compare to all programs nationally

Compare to Similar Programs in North Carolina

English Language and Literature bachelors's programs at peer institutions in North Carolina (50 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Wake Forest UniversityWinston-Salem$64,758$31,449—$19,5000.62
Elon UniversityElon$44,536$36,302$52,954——
Meredith CollegeRaleigh$43,936$35,619—$26,5000.74
North Carolina State University at RaleighRaleigh$8,895$32,694$42,708$21,6800.66
University of North Carolina at CharlotteCharlotte$7,214$32,021$38,403$23,0710.72
North Carolina A & T State UniversityGreensboro$6,748$30,995—$31,0001.00
National Median—$29,967—$24,5290.82

Career Paths

Occupations commonly associated with english language and literature graduates

English Language and Literature Teachers, Postsecondary

Teach courses in English language and literature, including linguistics and comparative literature. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

Proofreaders and Copy Markers

Read transcript or proof type setup to detect and mark for correction any grammatical, typographical, or compositional errors. Excludes workers whose primary duty is editing copy. Includes proofreaders of braille.

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 Wake Forest University, approximately 9% 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.

Sample Size: Based on 30 graduates with reported earnings and 30 graduates with debt data. Small samples may not be representative.