Analysis
Comparable economics programs in Ohio suggest first-year earnings around $51,500 against an estimated $25,000 in debtβa 0.49 ratio that's slightly higher than the state median debt of $23,125 but still manageable by conventional standards. The earnings figure aligns almost perfectly with both state and national benchmarks for economics bachelor's programs, suggesting Baldwin Wallace's program produces typical starting salaries for the field.
What's worth noting is the gap between this baseline and Ohio's stronger economics programs. John Carroll graduates start around $65,000, while University of Cincinnati and Miami University alumni begin in the high $50,000s. That $6,000-14,000 difference in first-year earnings can compound significantly over a career, particularly for a field like economics where early salary often determines advancement trajectory. The estimated debt load, while not excessive, doesn't buy the same earning power as peer programs in the state.
For a family evaluating Baldwin Wallace's economics program, the numbers suggest adequate but not exceptional outcomes. The school's 77% admission rate and modest test scores indicate it serves a different student market than Ohio's selective liberal arts colleges, which may explain the earnings gap. If your child has the academic profile for more competitive Ohio programs, those would likely deliver stronger returns. If Baldwin Wallace is the realistic option, the debt-to-earnings picture remains workable, but temper expectations about breaking into higher-paying economics roles immediately after graduation.
Where Baldwin Wallace 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 |
|---|---|---|---|---|---|
| $37,938 | $51,537* | β | $25,000* | β | |
| $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 | β | $51,722* | β | $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 Baldwin Wallace 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.