Quad

Outcomes

What it pays

Former students earn a median $78,158 ten years after enrolling, more than at 90% of colleges; 90% graduate within six years. Four years of net price is about 3.4 years of that salary.

Earnings

Median earnings vs. every college$78.2K
$78.2K
← $24.8Khigher than 90% of 1,762$108.8K →

Earnings climb with time

6 years after entry$67.7K
10 years after entry$78.2K

Staying and finishing

92%

Retention

come back for year two

90%

Graduation

graduate within six years

National median graduation rate: 59%

What graduates owe

Median debt at graduation, federal loans only

$21.5K

According to Wake Forest University's most recent Common Data Set, 21% of its Class of 2025 graduates (1,310 students) borrowed from any source: federal, institutional, state, or private, averaging $36,431 among those who did.

Counts students who started here as first-time students and earned a bachelor's; the federal median counts federal loans only, including students who left without a degree.

Everyone who starts here, 8 years later

Students who entered in fall 2016, including and part-time students. The graduation rate counts only first-time, full-time students and treats a transfer out as not finishing.

90 of 100 students who start here earn a degree or certificate here within 8 years; 7 more are enrolled at another college. (1,349 students)

Earned a credential within 8 years

All entering students, by whether they had a Pell Grant.

Pell Grant recipients95%
Students without a Pell Grant89%
How long it takes

85 of 100 finish within 4 years, 89 within 6, and 90 within 8.

Earned a credential within4 yrs6 yrs8 yrs
All students85%89%90%
Started in college here85%89%90%
Transferred in79%84%84%

Transfer students' clock starts when they arrive here, not when they first started college.

National median: 60% of all entering students earn a credential at the college they started at within 8 years.

Do lower-income students finish?

Of 100 Pell Grant recipients who entered in fall 2019, 78 finished within 4 years and 84 within 6. First-time, full-time students who finished within 6 years; entered fall 2019.

  • Pell Grant recipients115 students

    84% · 78% within 4 years · 7 points below students with neither

  • Subsidized loan, no Pell Grant105 students

    90% · 85% within 4 years · the same as students with neither

  • Neither Pell nor subsidized loan1,139 students

    91% · 87% within 4 years · comparison group

All students in this class: 90%

Within 4 years

By race and ethnicity

First-time, full-time students who finished within 6 years, from the College Scorecard's most recent release. Groups under 30 students aren't shown.

  • White952 students

    91% · 1 point above all students

  • Asian57 students

    81% · 10 points below all students

  • Hispanic/Latino120 students

    88% · 3 points below all students

  • Black75 students

    79% · 12 points below all students

  • Two or more races63 students

    89% · 1 point below all students

  • International152 students

    88% · 3 points below all students

  • American Indian/Alaska Native1 students

    Not shown: under 30 students

All students (IPEDS, entered fall 2018): 89%

Cost vs. earnings

The 300 most-applied-to colleges plus Wake Forest University. Top-left is lower cost and higher earnings.

PublicPrivateDot size = undergrads

↑ Median earnings 10 years after entry (higher = more)

Lower cost, higher earnings$0$20K$40K$60K$80K$100K$120K$140K$160K$0$10K$20K$30K$40K$50K$60K$70K$80KWake Forest University
Average cost per year, all students (est.) → more expensive

Sources:College Scorecard, most recent release;Wake Forest University Common Data Set 2025–26, Entered fall 2024;IPEDS Outcome Measures survey, Students entering fall 2016;Wake Forest University Common Data Set 2025–26, Entered fall 2019;IPEDS Institutional Characteristics survey, 2023–24;IPEDS Student Financial Aid survey, 2023–24;Wake Forest University Common Data Set 2025–26, Class of 2025;IPEDS Graduation Rates survey (Pell Grant and subsidized loan recipients), Entered fall 2018About the data(retrieved 2026-10-12)