Analysis
Similar programs across California suggest first-year earnings around $51,200 for economics bachelor's graduates—right in line with the national median. That's a solid if unspectacular starting point, especially when paired with estimated debt of $21,500. The debt-to-earnings ratio of 0.42 indicates manageable repayment: graduates from comparable programs could likely handle monthly loan payments within federal guidelines while building their careers.
The real question is trajectory. Economics degrees typically open doors to finance, consulting, and analytics roles where earnings can climb substantially with experience. However, California Lutheran operates in a competitive market where elite programs produce dramatically different outcomes—Berkeley economics graduates start around $80,000, Stanford near $100,000. The 89% admission rate and modest SAT profile suggest Cal Lutheran serves a different student population, likely heading into different employment sectors than those selective schools.
For families comfortable with the estimated $21,500 debt load, this appears to be a reasonable path into business-related careers. The numbers suggest neither a standout opportunity nor a financial red flag. The key uncertainty: without actual outcome data for Cal Lutheran's program specifically, you're making this decision based on what happens at peer institutions rather than this school's track record. If your student has stronger academic credentials, comparing offers from UC campuses or California State schools—many with reported data—would provide clearer insight into likely outcomes.
Where California Lutheran University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in California
Economics bachelors's programs at peer institutions in California (55 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $50,670 | $51,212* | — | $21,500* | — | |
| $62,484 | $98,104* | $127,416 | $12,500* | 0.13 | |
| $64,150 | $89,505* | $115,832 | $12,000* | 0.13 | |
| $14,850 | $80,446* | $106,624 | $13,000* | 0.16 | |
| $59,241 | $76,606* | $102,794 | $19,500* | 0.25 | |
| $62,326 | $70,051* | $100,669 | —* | — | |
| 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 California Lutheran University, approximately 30% 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 35 similar programs in CA. Actual outcomes may vary.