Analysis
Minnesota's economics programs cluster tightly in the mid-$50Ks to low-$60Ks range for first-year earnings, and based on peer programs across the state, Bemidji State appears to land squarely in the middle of this pack at an estimated $56,570. That figure sits comfortably above the national benchmark of $51,722 and matches the state median exactly. The estimated debt load of $21,500 looks manageable—yielding a 0.38 debt-to-earnings ratio that suggests graduates could feasibly pay down loans within four years if they prioritized it.
The limitation here is that we're working entirely with estimates derived from similar Minnesota programs, since Bemidji State's graduate cohort was too small for the Department of Education to publish actual outcomes. We don't know whether Bemidji's economics students specifically achieve these earnings or carry this debt. What the broader Minnesota data tells us is that economics degrees from state schools typically produce solid entry-level salaries without crushing debt burdens, and there's no immediate red flag suggesting Bemidji would be an outlier.
If your child is considering this program, the key question is whether the estimated $56K starting salary aligns with their career goals and post-graduation location. Economics graduates in Minnesota seem to do reasonably well regardless of institution prestige, though the state's top programs do show a $5K-10K advantage. The debt picture makes this a financially sensible bet if those estimated figures hold true.
Where Bemidji State University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Minnesota
Economics bachelors's programs at peer institutions in Minnesota (23 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $10,164 | $56,570* | — | $21,500* | — | |
| $65,457 | $66,567* | $83,775 | $19,500* | 0.29 | |
| $49,758 | $64,916* | — | $30,215* | 0.47 | |
| $52,284 | $60,323* | $68,704 | $24,600* | 0.41 | |
| $64,908 | $59,752* | $83,794 | $24,000* | 0.40 | |
| $16,488 | $56,902* | $76,116 | $21,500* | 0.38 | |
| 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 Bemidji State University, approximately 26% 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 10 similar programs in MN. Actual outcomes may vary.