Analysis
Based on comparable economics programs in North Carolina, Belmont Abbey's estimated outcomes fall at the state median—$46,425 in first-year earnings with roughly $19,500 in debt. That 0.42 debt-to-earnings ratio is manageable, suggesting graduates could feasibly handle loan payments while building their careers. However, it's worth noting that similar programs across NC show enormous variation, from Duke's $98,000+ to regional universities in the mid-$40,000s, indicating that institution type and alumni networks play an outsized role in economics career outcomes.
The gap between these estimated figures and the national median ($51,722) raises a practical question: North Carolina economics graduates generally earn about $5,000 less annually than their national peers. For a school with a 90% admission rate serving a modest Pell population, this suggests Belmont Abbey likely serves local and regional employers rather than placing graduates into high-powered finance or consulting roles. The relatively light debt load partially offsets the earnings gap, but families should understand that peer programs at Duke, UNC-Chapel Hill, or Wake Forest deliver substantially higher starting salaries—though likely at higher cost and with more competitive admissions.
The estimation here matters—without actual graduate data, you're betting on a pattern rather than proven outcomes. If your child thrives in smaller settings and plans to work regionally, the debt-to-earnings picture looks reasonable. But if they're aiming for competitive markets where brand recognition drives hiring, consider whether this investment opens the right doors.
Where Belmont Abbey College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in North Carolina
Economics bachelors's programs at peer institutions in North Carolina (26 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $19,500 | $46,425* | — | $19,500* | — | |
| $65,805 | $98,649* | $153,139 | $13,437* | 0.14 | |
| $44,536 | $69,298* | $73,684 | $19,500* | 0.28 | |
| $8,989 | $65,344* | $79,084 | $15,843* | 0.24 | |
| $64,758 | $56,416* | $91,751 | $20,927* | 0.37 | |
| $7,361 | $46,425* | $56,602 | $25,375* | 0.55 | |
| 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 Belmont Abbey College, approximately 25% 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 9 similar programs in NC. Actual outcomes may vary.