CIP 5120 · Doctoral Degree · Mercer University

Pharmacy, Pharmaceutical Sciences, and Administration at Mercer University

Federal outcomes for doctoral degree graduates of Mercer University. 7 completers in the most recent 4-year window (7 in the latest year alone). Median earnings 5 years after completion: $137,803.

MEDIAN EARNINGS · 5Y
$137,803
Georgia CIP-4 median $137,621
MEDIAN EARNINGS · 4Y
$126,931
Treasury · 4y post-completion
MEDIAN FEDERAL DEBT
$175,359
At program completion
COMPLETERS · 4Y WINDOW
7
7 most recent year
DEBT-TO-EARNINGS

What this program's debt costs its graduates

Annual debt service as a share of median 5-year-post-completion earnings, computed under federal Direct loan terms (10-year fixed at 6%). The 8% line is the gainful-employment threshold from federal regulation.

This program at Mercer University

17.0%
0%8% · GE20%+

Median federal debt $175,359 amortized over 10 years vs. median 5-year earnings $137,803.

Statewide CIP-4 peer median

17.0%
0%8% · GE20%+

Same debt against the Georgia CIP 5120 peer-median earnings $137,621.

SECTION 02 · PROGRAM HISTORY

How this program has shifted

Federal Field-of-Study history covers 2014–15 onward. Vintage-by-vintage values for earnings, debt, and completers.

DEBT · 20142018$175,359
$191,167$173,27820142018
Median federal debt at program exit.FoS
COMPLETERS · 201420197
14320142019
Annual completers (IPEDS C).IPEDS
FINANCIAL OUTCOME · ILLUSTRATION

Estimate the financial outcome of this program

Cost from Scorecard net price by family income; earnings from Treasury 5-year-post-completion median, projected forward with a Mincer age-earnings curve. Selection-bias toggle applies the Dale-Krueger shrinkage. This is an outcomes illustration, not a forecast — see methodology.

Shrinks the earnings premium toward the matched-applicant mean. STEM <15%, business ~40%, arts & education ~60%.

NET PRESENT VALUE
$1,261,371
Over 40 years, discounted 5.0%
BREAKEVEN
Year 11
First year cumulative discounted earnings cross zero
graduationbreakeven · year 11year 0year 39
Cost per year
$22,627
HS-only baseline · GA
$35,800
Years to complete
8
CIP family
51

Outcomes illustration · not a forecast. Projects observed Scorecard earnings forward with a Mincer age-earnings curve under your assumptions. See methodology for the math.

PEER COMPARISON · CIP 5120

Pharmacy, Pharmaceutical Sciences, and Administration across Georgia institutions

Same CIP-4 code and credential level, all Georgia Title-IV institutions where Scorecard publishes outcomes. Cohort floor is 30 students.

Mercer UniversityTHIS PROGRAM$137,8037 grads
South University-SavannahPEER$137,621
SUPPRESSION & SELECTION

What this page tells you, and what it doesn't

Earnings are median annual earnings of federally aided students who completed this program at this institution, drawn from federal tax records. They describe cohorts. They do not predict your earnings, and they do not claim that this program caused those outcomes — selection effects (who enrolls, who finishes, what fields they enter) dominate cross-program differences. Em-dashes mean the federal data was suppressed because the cohort was below the 30-student floor.

Methodology →