Analysis
Economics programs across Minnesota show considerable variation, with top programs producing first-year earnings between $57,000 and $67,000. Bethel's estimated figures—$56,570 in earnings and $25,800 in debt—land squarely in the middle of this range, suggesting outcomes comparable to the University of Minnesota-Twin Cities but below private competitors like St. Thomas and Macalester. The debt burden sits slightly above the state median for economics degrees, though it remains reasonable given the earning potential.
The 0.46 debt-to-earnings ratio indicates graduates would need roughly half their first year's salary to cover student loans—a manageable situation that should allow for steady repayment. Nationally, this program tracks above the median earnings for economics bachelor's degrees by about $5,000, which provides some reassurance despite the lack of school-specific data. Minnesota's economics job market appears stronger than average, benefiting graduates across the state's programs.
The reality is you're working with estimates here, not verified outcomes from Bethel's actual graduates. If your student is choosing between Bethel and schools with reported data—particularly those showing stronger earnings at similar or lower debt levels—that additional certainty might be worth considering. For families comfortable with the estimated picture, the fundamentals suggest a solid mid-tier economics program that should support career entry, though it's unlikely to match the outcomes of Minnesota's most competitive programs.
Where Bethel 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 |
|---|---|---|---|---|---|
| $42,930 | $56,570* | — | $25,800* | — | |
| $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 Bethel University, approximately 19% 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.