Analysis
Similar economics programs in Wisconsin suggest first-year earnings around $51,344—right at the state median but trailing UW-Madison and several regional campuses by $3,000-$6,000. For a selective liberal arts college with a 1318 average SAT, Beloit's estimated earnings fall short of what peer institutions typically deliver for this major.
The estimated debt load of $23,718 keeps the burden manageable, producing a debt-to-earnings ratio of 0.46 that matches national patterns for economics degrees. This means graduates from comparable programs can typically cover their debt with roughly half of one year's salary—a workable arrangement. However, when UW-Oshkosh economics graduates earn $6,300 more in their first year while carrying similar debt, the cost-benefit calculation shifts considerably.
The gap matters because small differences in starting salary compound over a career. If Beloit's actual outcomes mirror these Wisconsin benchmarks, families should weigh whether the liberal arts experience justifies potentially earning $25,000-$30,000 less in the first five years compared to top state programs. Before committing, ask Beloit's career services for placement data specific to their economics graduates—understanding where students actually land could reveal strengths that aggregate state figures miss.
Where Beloit College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Wisconsin
Economics bachelors's programs at peer institutions in Wisconsin (21 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $58,554 | $51,344* | — | $23,718* | — | |
| $8,212 | $57,663* | — | $25,000* | 0.43 | |
| $11,205 | $54,495* | $69,594 | $20,750* | 0.38 | |
| $9,651 | $53,595* | $57,423 | $25,000* | 0.47 | |
| $44,432 | $53,350* | $66,245 | $27,000* | 0.51 | |
| $9,277 | $51,344* | $58,841 | $21,500* | 0.42 | |
| 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 Beloit College, approximately 29% 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 WI. Actual outcomes may vary.