Analysis
American University economics graduates earn solidly above the national average—landing at the 72nd percentile compared to other economics programs—but trail most DC-area competitors. That first-year salary of $58,151 beats the typical economics graduate nationwide by over $6,000, yet sits in just the 40th percentile locally. With Georgetown grads earning $84,460 and GWU matching the DC median of $67,684, AU students are paying for a DC address without capturing the full DC premium.
The debt picture is reasonable at $22,625, creating a manageable 0.39 ratio to first-year earnings. Combined with solid 20% earnings growth to nearly $70,000 by year four, graduates establish a decent financial foundation. This trajectory suggests employers value the degree, even if the starting salary doesn't match what nearby schools command.
For families, this comes down to fit versus optimization. If your student is drawn to AU's campus culture and programs, the economics degree won't derail their finances—the fundamentals work. But if maximizing early earnings in DC is the priority, the data suggests looking at the higher-ranked programs that better leverage the city's concentration of policy, consulting, and finance jobs. AU delivers value; it just doesn't deliver the top-tier DC economic advantage you might expect from the location.
Where American University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How American University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| American University | $58,151 | $69,607 | +20% |
| Duke University | $98,649 | $153,139 | +55% |
| University of Chicago | $92,075 | $127,832 | +39% |
| Georgetown University | $84,460 | $92,475 | +9% |
| George Washington University | $67,684 | $80,898 | +20% |
Compare to Similar Programs in District of Columbia
Economics bachelors's programs at peer institutions in District of Columbia (9 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $56,543 | $58,151 | $69,607 | $22,625 | 0.39 | |
| $65,081 | $84,460 | $92,475 | $16,500 | 0.20 | |
| $64,990 | $67,684 | $80,898 | $23,250 | 0.34 | |
| National Median | — | $51,722 | — | $22,816 | 0.44 |
Career Paths
Occupations commonly associated with economics graduates
Economists
Environmental Economists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Statisticians
Biostatisticians
Economics Teachers, Postsecondary
Market Research Analysts and Marketing Specialists
Search Marketing Strategists
Secondary School Teachers, Except Special and Career/Technical Education
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 American University, approximately 13% 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.
Sample Size: Based on 84 graduates with reported earnings and 98 graduates with debt data. Small samples may not be representative.