Median Earnings (1yr)
$57,335
65th percentile
60th percentile in South Carolina
Median Debt
$27,000
16% above national median

Analysis

Wofford College's finance program sits in an interesting spotβ€”not the highest earner among South Carolina programs, but it delivers solid results with remarkably low debt. At $57,335 first-year out, graduates match the state median exactly while carrying just $27,000 in loans, which ranks in the 5th percentile nationally for debt burden. That 0.47 debt-to-earnings ratio means the typical graduate owes less than half their first year's salary, making this one of the more financially manageable finance degrees you'll find.

The program trails USC-Columbia by about $5,000 and Clemson by roughly $1,500 in starting earnings, but here's what matters: Wofford graduates can likely pay down their debt faster thanks to that lower borrowing. The 15% earnings growth to $66,153 by year four suggests careers are progressing normally, though this puts them in the middle of the pack nationally (65th percentile). For context, South Carolina has just 10 schools offering this major, so options are limited for in-state students seeking this path.

The value proposition here is straightforwardβ€”your child gets a respectable finance education at a small liberal arts college without the debt load that often accompanies private school tuition. It's not going to unlock the highest-paying finance jobs immediately, but the manageable debt means they'll have financial flexibility early in their career rather than spending years digging out.

Where Wofford College Stands

Earnings vs. debt across all finance and financial management services bachelors's programs nationally

Earnings Distribution

How Wofford College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Wofford College$57,335$66,153+15%
College of Charleston$54,634$82,260+51%
University of South Carolina-Columbia$62,231$79,318+27%
Clemson University$58,876$71,621+22%
Coastal Carolina University$46,911$53,842+15%

Compare to Similar Programs in South Carolina

Finance and Financial Management Services bachelors's programs at peer institutions in South Carolina (10 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Wofford CollegeSpartanburg$54,100$57,335$66,153$27,0000.47
University of South Carolina-ColumbiaColumbia$12,688$62,231$79,318$25,0000.40
Clemson UniversityClemson$15,554$58,876$71,621$20,0000.34
College of CharlestonCharleston$12,978$54,634$82,260$22,5000.41
Coastal Carolina UniversityConway$11,640$46,911$53,842$26,0000.55
National Medianβ€”$53,590β€”$23,3320.44

Career Paths

Occupations commonly associated with finance and financial management services graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Chief Executives

Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

$105,350/yrJobs growth:Bachelor's degree

Chief Sustainability Officers

Communicate and coordinate with management, shareholders, customers, and employees to address sustainability issues. Enact or oversee a corporate sustainability strategy.

$105,350/yrJobs growth:Bachelor's degree

General and Operations Managers

Plan, direct, or coordinate the operations of public or private sector organizations, overseeing multiple departments or locations. Duties and responsibilities include formulating policies, managing daily operations, and planning the use of materials and human resources, but are too diverse and general in nature to be classified in any one functional area of management or administration, such as personnel, purchasing, or administrative services. Usually manage through subordinate supervisors. Excludes First-Line Supervisors.

$105,350/yrJobs growth:Bachelor's degree

Personal Financial Advisors

Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. May also buy and sell financial assets for clients.

$102,140/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Insurance Underwriters

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

$79,880/yrJobs growth:Bachelor's degree
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 Wofford College, approximately 15% 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 52 graduates with reported earnings and 45 graduates with debt data. Small samples may not be representative.