Analysis
Similar programs in Texas suggest Angelo State's business economics degree lands graduates around $54,000 in first-year earnings—right at the state median and essentially matching the national benchmark. The estimated $18,000 in debt sits below both state and national averages, creating a debt-to-earnings ratio of 0.34 that looks manageable on paper. For context, that debt load is roughly what peer programs typically produce, with Texas business economics students generally borrowing in the $18,000-$19,000 range.
What complicates the picture here is that both the earnings and debt figures are estimates drawn from comparable programs across Texas, not actual outcomes for Angelo State graduates. The sample of completers was too small for the Department of Education to publish school-specific data. That means you're essentially betting on whether Angelo State performs like the median Texas program in this field—programs that range from $44,000 to over $60,000 in first-year earnings.
The fundamentals suggest reasonable value: a debt load that could be paid down in 4-5 years, earnings that align with national expectations, and an admission profile that indicates accessibility. But without actual graduate outcomes from Angelo State itself, you're making an informed guess rather than evaluating a proven track record. If your child has admission offers from programs with reported data—particularly those showing earnings above $54,000—those provide more certainty about what comes after graduation.
Where Angelo State University Stands
Earnings vs. debt across all business/managerial economics bachelors's programs nationally
Compare to Similar Programs in Texas
Business/Managerial Economics bachelors's programs at peer institutions in Texas (22 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $8,319 | $53,984* | — | $18,246* | — | |
| $54,844 | $60,575* | $78,948 | $22,500* | 0.37 | |
| $11,164 | $54,058* | $82,643 | $14,125* | 0.26 | |
| $11,728 | $53,984* | — | $16,063* | 0.30 | |
| $11,450 | $49,831* | $65,481 | $23,125* | 0.46 | |
| $8,991 | $44,424* | $49,224 | $18,246* | 0.41 | |
| 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 Angelo State University, approximately 27% 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 median of 5 similar programs in TX. Actual outcomes may vary.