Analysis
Business/Managerial Economics programs in Pennsylvania typically produce substantially stronger returns than what comparable national programs suggest for Allegheny. While peer institutions across the country indicate first-year earnings around $53,000, the 19 schools with reported data in Pennsylvania show a median of $82,000—a difference of nearly $29,000. Villanova and Lehigh graduates earn in that $82,000 range, and whether Allegheny's program delivers similar Pennsylvania-market outcomes or tracks closer to national patterns would significantly alter the value calculation. With estimated debt of $24,000, the program looks reasonable if graduates access Pennsylvania's stronger business economics market, but less compelling if outcomes land closer to the national baseline.
The estimated debt-to-earnings ratio of 0.45 sits in manageable territory by national standards—similar programs nationwide carry a median debt of $22,250 against those $53,000 earnings. However, this calculation assumes national-level earnings, and Pennsylvania's market has historically rewarded business economics graduates far more generously. The real question is whether Allegheny's liberal arts environment and moderately selective admissions (59% acceptance, 1292 SAT) translate to the kind of corporate placement that drives Pennsylvania's higher earnings, or whether the program serves a different post-graduation path.
Before committing, directly ask Allegheny's career services office where recent graduates landed and what they earned. The $29,000 gap between national estimates and Pennsylvania's reported outcomes is too large to ignore, and it represents the difference between a solid investment and an exceptional one.
Where Allegheny College Stands
Earnings vs. debt across all business/managerial economics bachelors's programs nationally
Compare to Similar Programs in Pennsylvania
Business/Managerial Economics bachelors's programs at peer institutions in Pennsylvania (19 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $54,960 | $53,219* | — | $24,000* | — | |
| $64,701 | $82,212* | $122,309 | $27,000* | 0.33 | |
| $62,180 | $81,796* | $101,741 | $23,240* | 0.28 | |
| National Median | — | $53,219* | — | $22,250* | 0.42 |
Career Paths
Occupations commonly associated with business/managerial economics graduates
Economists
Environmental Economists
Financial Risk Specialists
Management Analysts
Economics Teachers, Postsecondary
Survey Researchers
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Allegheny College, approximately 25% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 81 similar programs. Actual outcomes may vary.