Analysis
Based on comparable economics programs in South Carolina, Benedict College graduates can expect first-year earnings around $48,000—right at the state median but below the national benchmark of $52,000. The estimated debt load of $24,000 creates a manageable debt-to-earnings ratio of 0.50, meaning graduates would owe roughly half their first-year salary. For context, Benedict serves a primarily Pell-eligible student body (63%), and for many of these students, a bachelor's in economics at this price point represents reasonable access to professional opportunities.
The challenge is uncertainty. With the Department of Education suppressing actual outcomes due to small sample sizes, we're relying on peer program data rather than Benedict's specific track record. South Carolina's economics programs show significant variation—from Furman's $56,000 to Clemson's $45,000—which means your child's outcomes could differ substantially based on factors the estimates can't capture: internship networks, career services quality, or alumni connections specific to Benedict.
If your child attends Benedict, focus on what matters beyond the degree: securing internships in Columbia's state government sector or banking industry, building relationships with professors who can connect them to employers, and having a clear career plan before graduation. The estimated numbers suggest workable economics, but with limited actual data, the quality of your child's individual experience will matter more than usual.
Where Benedict College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in South Carolina
Economics bachelors's programs at peer institutions in South Carolina (13 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $18,000 | $48,149* | — | $24,102* | — | |
| $58,312 | $55,615* | — | $24,125* | 0.43 | |
| $12,688 | $48,149* | $57,679 | $24,062* | 0.50 | |
| $15,554 | $45,075* | $55,077 | $22,250* | 0.49 | |
| 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 Benedict College, approximately 63% 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 3 similar programs in SC. Actual outcomes may vary.