Analysis
Wake Forest's statistics program sits in an unusual position: peer programs across North Carolina report a median of $75,612 in first-year earnings, yet this program's estimated trajectory of $59,718 falls well short—closer to the national median than what's typical for the state. That gap matters when you consider that Duke statistics grads start near $97,000 while even NC State manages $54,000 with actual reported data. The estimated $16,875 in debt is manageable by any standard, yielding a 0.28 debt-to-earnings ratio that suggests graduates could realistically pay off loans within a year or two if aggressive about it.
The challenge here isn't the debt burden—it's understanding why estimated outcomes for this selective program (22% admission rate, 1469 average SAT) don't reflect the premium you'd expect. Statistics degrees generally command strong starting salaries, and Wake Forest's academic rigor should position graduates competitively. Either this program's graduates are pursuing paths that depress immediate earnings, or the small sample size that triggered data suppression is masking better actual outcomes. For a family paying private school tuition, you'd want concrete evidence that this program delivers on the statistical skills employers value, not estimates suggesting it underperforms state peers by $16,000 annually.
Where Wake Forest University Stands
Earnings vs. debt across all statistics bachelors's programs nationally
Compare to Similar Programs in North Carolina
Statistics bachelors's programs at peer institutions in North Carolina (8 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $64,758 | $59,718* | — | $16,875* | — | |
| $65,805 | $97,197* | $113,854 | $13,500* | 0.14 | |
| $8,895 | $54,026* | $75,555 | $24,151* | 0.45 | |
| National Median | — | $59,718* | — | $20,150* | 0.34 |
Career Paths
Occupations commonly associated with statistics graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Actuaries
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Mathematicians
Statisticians
Biostatisticians
Mathematical Science Teachers, Postsecondary
Survey Researchers
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.
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 51 similar programs. Actual outcomes may vary.