What do Wofford and Davison grads have in common? Higher wages

Lucas Daprile, The State

Wofford College graduates on average earn more than those of all other South Carolina colleges and universities. Photo by Alex Hicks Jr., Spartanburg Herald-Journal

Graduates of Wofford College make more money, on average, than those from any other small college in South Carolina, a new study found.

The average wage of Wofford alumni is $58,100 per year, according to the study published by careers website Zippia. Compared to other states, Wofford was in the upper-middle part of the pack, but still far behind the highest-earning school, University of Maryland-Baltimore, where graduates earn an average of $102,900 per year, according to the study.

In North Carolina, Davidson College topped Zippia’s 2018 list. Its graduates were said to make an average of $63,500.

Last year, Zippia released a similar study that included larger universities and found Clemson alumni had the highest average wages in South Carolina, earning an average of $48,950 per year. In North Carolina, Duke came in at No. 5 on the list, with graduates earning an average of $97,600.

Zippia conducted the study by comparing data from the U.S. Department of Education’s College Scorecard that showed the average wage of each college’s graduates 10 years after graduation. The study included only four-year institutions and did not factor in community colleges.

Though the study says Wofford alumni are the highest paid in South Carolina, they’re not the most likely to get jobs. That distinction goes to graduates of The Citadel, according to another recent report from Zippia.

In North Carolina, the report found Elon University graduates were most likely to get jobs.

But the high earnings don’t come for free. Before scholarships or other financial aid, the sticker price for an education at Wofford — a private school in Spartanburg — is $56,530 per year, according to the website. At Davidson, that cost is $65,819, its website says.

 

Lucas Daprile writes for The State, where this article originally ran. Information was contributed by Carolina College Bound editor Heidi Finley