-100%
3-year cohort default rate
3-year cohort default rate at Shenandoah University fell 100% between 2021 and 2024 (1.6% → 0.0%).
Virginia · Private nonprofit · Predominantly bachelor's
Shenandoah University
Winchester, Virginia. 2,127 undergraduate students. 103 programs in the federal Field-of-Study dataset.
ANOMALY ENGINE · NOTABLE SIGNALS
What the data flags at Shenandoah University
Short-arc shifts (recent 3-year window), peer outliers, earnings trend breaks, completion drops, enrollment cliffs, and debt-to-earnings warnings — surfaced deterministically from the federal record. Multi-decade shifts are reported separately in the Long Arc section, since 25-year tuition drift isn't really an anomaly.
+11%
100%-time completion
100%-time completion at Shenandoah University rose 11% between 2021 and 2024 (50.6% → 56.4%).
SECTION 01 · OUTCOMES SNAPSHOT
The numbers, vs. Virginia
Each tile compares this institution to the Virginia median for the same metric. Sub-line shows the comparison value, not an interpretation. Sparklines trace the federally available history.
$58,433+21% · 6→10y
Virginia median $44,813$48,167
Treasury earnings · 6y post-entry70.5%+60% · '97→'24
Virginia median 50.7%$19,500+277% · '97→'20
At program completion2,127+74% · '96→'24
latest IPEDS81.7%+9% · '04→'24
first-time, full-time77.8%-23% · '01→'24
latest cohort$36,028+127% · '00→'24
out-of-state $36,028SECTION 02 · EARNINGS HORIZONS
How earnings spread, 4 to 10 years after entry
Treasury tax-record earnings for federally aided students who first enrolled at this institution. Each point is a horizon from the most-recent vintage. Single median per horizon (no p25/p75 publishing).
Earnings widen with time post-entry. Selection: federal-aid recipients only — not all graduates.Methodology →
SECTION 03 · DEBT-TO-EARNINGS
What loans cost relative to earnings
Annual debt service as a share of median earnings 10 years after entry, computed under federal Direct loan terms (10-year fixed at 6%). The 8% line is the gainful-employment threshold from federal regulation; above 12% has historically been considered “failing” under prior rule cycles.
Institution-wide
4.4%Median federal debt $19,500 amortized over 10 years vs. median earnings $58,433 (10y after entry).
SECTION 04 · LONG ARC
Ten-plus year arc
Federally available history. Coverage varies by metric — IPEDS publishes some series only after 2009 and others only before.
Undergraduate enrollment.
150%-time completion rate.
Median federal student debt at exit.
+60%
Shenandoah University · completion · 150% rose
41.7% → 66.8%
+151%
Shenandoah University · completion · 100% rose
22.4% → 56.4%
+74%
Shenandoah University · undergrad enrollment rose
1,214 → 2,116
+127%
Shenandoah University · in-state tuition rose
$16,300 → $36,950
+127%
Shenandoah University · out-of-state tuition rose
$16,300 → $36,950
+277%
Shenandoah University · median debt rose
$6,625 → $25,000
-100%
Shenandoah University · cohort default rate fell
5.4% → 0.0%
+39%
Shenandoah University · earnings_median_10yr rose
$41,900 → $58,433
+38%
Shenandoah University · earnings_median_6yr rose
$34,800 → $48,167
SECTION 05 · PROGRAMS
Ranked by 5-year earnings
Each row is one (CIP × credential) program reported by the institution in College Scorecard's Field-of-Study data. Cohort floor is 30 students; below this, federal data is suppressed.
Pharmacy, Pharmaceutical Sciences, and Administration.$138,662Business Administration, Management and Operations.$126,681Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.$121,059Allied Health Diagnostic, Intervention, and Treatment Professions.$109,987Rehabilitation and Therapeutic Professions.$89,951Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.$88,220Allied Health Diagnostic, Intervention, and Treatment Professions.$87,914Education, General.$69,756Biology, General.$64,660Public Health.$63,571Rehabilitation and Therapeutic Professions.$61,876Physiology, Pathology and Related Sciences.$59,291Business Administration, Management and Operations.$58,791Criminal Justice and Corrections.$58,666Psychology, General.$56,584Teacher Education and Professional Development, Specific Subject Areas.$50,178Music.$34,679Drama/Theatre Arts and Stagecraft.$29,435Dance.$28,029
SECTION 06 · BY CIP FAMILY
19 programs with earnings, grouped
Programs are grouped by 2-digit CIP family. Programs without reported earnings are hidden to keep the list focused.
EDUCATION · CIP 13
BIOLOGICAL & BIOMEDICAL SCIENCES · CIP 26
PSYCHOLOGY · CIP 42
HOMELAND SECURITY & PROTECTIVE SERVICES · CIP 43
VISUAL & PERFORMING ARTS · CIP 50
HEALTH PROFESSIONS · CIP 51
Pharmacy, Pharmaceutical Sciences, and Administration.$138,662Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.$88,220Rehabilitation and Therapeutic Professions.$89,951Allied Health Diagnostic, Intervention, and Treatment Professions.$109,987Rehabilitation and Therapeutic Professions.$61,876Public Health.$63,571Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.$121,059Allied Health Diagnostic, Intervention, and Treatment Professions.$87,914
BUSINESS, MANAGEMENT & MARKETING · CIP 52
FINANCIAL OUTCOME · ILLUSTRATION
Estimate the financial outcome at Shenandoah University
Pick a 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. The selection-bias toggle applies the Dale-Krueger shrinkage. 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
$1,313,262
Over 40 years, discounted 5.0%
BREAKEVEN
Year 10
First year cumulative discounted earnings cross zero
- Cost per year
- $25,951
- HS-only baseline · VA
- $39,800
- Years to complete
- 7
- 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.
SECTION 07 · SIMILAR INSTITUTIONS
Same sector and degree mix in Virginia
Picked by Carnegie sector × predominant credential level. These are not rankings — just nearest-neighbour surfaces for comparison.
CAUSAL DISCIPLINE
“Shenandoah University graduates earn $X” — not “Shenandoah University makes you earn $X”
Median earnings describe what cohorts earned. They do not describe what attending Shenandoah University caused. Selection effects (who admits, who enrolls, who completes) are real. We publish federal data with strict descriptive phrasing — and link the methodology where you can read about the limitations directly.