Analysis
Ball State's economics program delivers solid national performance at $56,782 in first-year earningsβwell above the national median of $51,722βbut sits squarely in the middle of Indiana's competitive economics landscape. While this beats the typical economics graduate nationally by about 10%, it trails the state median and lags notably behind flagship programs like Purdue and IU (both near $59,000) and elite options like Notre Dame. Among Indiana's 28 economics programs, this ranks at the 40th percentile, meaning six out of ten in-state alternatives produce higher early earnings.
The debt picture offers genuine relief: $22,054 is manageable by any standard, creating a 0.39 debt-to-earnings ratio that most graduates can navigate comfortably. This translates to monthly payments around $250 on a standard 10-year planβless than 6% of gross income. Ball State's 72% admission rate and substantial Pell population (34%) suggest this represents a solid outcome for students who might not access more selective programs.
For families considering Ball State economics, this is a financially safe choice that performs well nationally but doesn't compete with Indiana's strongest options. If your child can gain admission to Purdue, IU, or DePauw, those programs justify their likely higher upfront costs with meaningfully better earnings. But if Ball State represents the realistic admission tier, the combination of low debt and above-average national performance makes this a reasonable path into the field.
Where Ball State University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Ball State University graduates compare to all programs nationally
Compare to Similar Programs in Indiana
Economics bachelors's programs at peer institutions in Indiana (28 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $10,758 | $56,782 | β | $22,054 | 0.39 | |
| $62,693 | $76,299 | $100,568 | $19,965 | 0.26 | |
| $57,070 | $63,395 | $87,437 | $26,978 | 0.43 | |
| $9,992 | $59,187 | $65,456 | $24,700 | 0.42 | |
| $11,790 | $59,142 | $74,866 | $20,500 | 0.35 | |
| $49,125 | $51,815 | $64,767 | $27,000 | 0.52 | |
| 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 Ball State University, approximately 34% 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 40 graduates with reported earnings and 38 graduates with debt data. Small samples may not be representative.