Analysis
Drawing on peer programs across Ohio, this economics degree suggests a relatively balanced early-career proposition, with estimated debt of $25,000 against first-year earnings around $51,500. That debt-to-earnings ratio of 0.49 means graduates would owe roughly half their first year's salary—manageable if those earnings hold steady, but not exceptional for a field that often demands analytical rigor.
The challenge lies in the gap between Ashland's estimated trajectory and what Ohio's stronger economics programs deliver. John Carroll and Oberlin graduates start around $61,000-$65,000, creating a $10,000-$14,000 annual advantage that compounds significantly over time. With 42 economics programs in the state, competition for entry-level analyst and financial services roles can be fierce, and initial salary positioning matters more than many realize.
The uncertainty here cuts both ways: Ashland's actual outcomes could surpass these estimates if the program places well into specific industries or maintains strong regional employer relationships. But banking on that requires confidence the school can't currently demonstrate through published graduate data. For families prioritizing career ROI in economics, you'd want direct conversations with recent alumni about actual job placements before committing, especially when neighboring programs show measurably stronger starting positions.
Where Ashland University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Ohio
Economics bachelors's programs at peer institutions in Ohio (42 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $28,910 | $51,537* | — | $25,000* | — | |
| $49,100 | $65,098* | $67,845 | $27,000* | 0.41 | |
| $64,646 | $61,713* | $64,495 | $25,000* | 0.41 | |
| $13,570 | $58,590* | $70,663 | $21,264* | 0.36 | |
| $69,330 | $58,082* | $75,347 | $18,718* | 0.32 | |
| $17,809 | $57,379* | $80,452 | $25,500* | 0.44 | |
| 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 Ashland University, approximately 28% 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 18 similar programs in OH. Actual outcomes may vary.