Bachelor's · Winston-Salem, North Carolina

Is English Language and Literature, General at Wake Forest University worth it?

Low confidence Low confidence: fewer than 40 graduates behind the earnings figures.

The verdict · all families, in-state, half paid with loans

Pays back in time: graduates typically recover the cost in about 4.4 years.

Earnings 1 year after graduating: $55,407; Treasury AY2020-21, AY2021-22 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Earnings 4 years after graduating: $83,617; Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Typical federal debt at graduation: $19,500; NSLDS pooled AY2022-23, AY2023-24 cohort
Net cost to graduate, all families: $119k (likely $119k – $119k); AcadYr 2024-25, reported in IPEDS DCY2025-26
Earnings bump, year 4: $46k a year vs high-school graduates aged 25–34 in NC; 2023 ACS 5-year pooled, adjusted to 2024 dollars
Payback: 4.4 years (likely 3.4–5.8); Bump vs net cost plus loan interest
10-year net return: $145k (likely $15k – $296k); Today's dollars
20-year net return: $712k (likely $418k – $1.04M); Today's dollars
Odds of finishing (school-wide): 90%; Fall 2019 or AcadYr 2019-20 cohort (differs by institutional calendar), reported in IPEDS DCY2025-26