Wake Forest University: Is It Worth It?
Winston-Salem, North Carolina · Private Nonprofit · Website
ROI Score
5.8
Net Price/Year
$28,719
avg with financial aid
10yr Earnings
$78,158
median, all graduates
Median Debt
$21,500
at graduation
Is Wake Forest University Worth It?
Graduates earn a median of $78,158 per year ten years after enrollment. With an average net price of $28,719 per year, the total estimated cost for a four-year degree is approximately $114,876.
Based on median earnings, the degree typically pays for itself in approximately 1.5 years.
The median graduate leaves with $21,500 in debt, which represents about 28%of one year's earnings at the 10-year mark.
Note: These figures reflect all graduates regardless of major. Individual outcomes vary significantly by field of study, career choices, and personal circumstances.
Earnings vs. Debt
Net Price by Family Income
Admissions Snapshot
Acceptance Rate
21.7%
Avg SAT
1475
ACT Midpoint
N/A
Enrollment
5,485
Completion & Retention
6-Year Graduation Rate
90.0%
National avg: ~60%
Retention Rate
92.6%
First-year students returning
3yr Repayment Rate
91300.0%
Grads making progress on loans
Cost Breakdown
In-State Tuition
$67,642
Out-of-State Tuition
$67,642
Avg Net Price
$28,719
After grants/scholarships
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Frequently Asked Questions
Is Wake Forest University worth the money?
Based on federal data, Wake Forest University graduates earn a median of $78,158 ten years after enrollment, with a median debt of $21,500 at graduation. The ROI score is 5.8.
What do Wake Forest University graduates earn?
The median earnings for Wake Forest University graduates is $67,722 six years after enrollment and $78,158 ten years after enrollment, according to the College Scorecard.
What is the acceptance rate at Wake Forest University?
The acceptance rate at Wake Forest University is 21.7%.
How much debt do Wake Forest University graduates have?
The median debt at graduation for Wake Forest University students is $21,500.
Data source: U.S. Department of Education College Scorecard. Earnings data reflects median earnings 10 years after enrollment for all graduates. Debt figures reflect median debt at graduation for completers. Individual outcomes may vary.