Analysis
An economics degree from Cal State East Bay appears to deliver reasonable value despite earnings that trail both state and national benchmarks. First-year graduates earn around $46,400βabout $5,000 below the California median for economics majors and even further below the national figure of $51,700. The program ranks in the 40th percentile statewide, meaning roughly 60% of California economics programs produce higher initial earnings. However, estimated debt based on comparable Cal State programs is manageable at around $15,500, creating a debt-to-earnings ratio of just 0.33βwell below concerning thresholds.
The 27% earnings growth to nearly $59,000 by year four helps close the initial gap, though graduates still lag peers from UC Berkeley ($80,400) or even mid-tier private schools. For families considering this program, the calculus depends heavily on alternatives and aid packages. Cal State East Bay serves a substantial population of Pell grant recipients (44%), and for students who qualify for significant need-based aid, the actual debt burden could be even lower than these estimates suggest. The economics major's versatility matters here tooβthese graduates enter fields from finance to public policy where credential level and network often matter as much as starting salary.
The practical takeaway: This program won't position graduates at the top of California's economics job market, but the combination of modest debt and steady earnings growth makes it a defensible choice when cheaper alternatives aren't available or when location and access matter most.
Where California State University-East Bay Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How California State University-East Bay graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| California State University-East Bay | $46,408 | $59,028 | +27% |
| Stanford University | $98,104 | $127,416 | +30% |
| Claremont McKenna College | $89,505 | $115,832 | +29% |
| University of California-Berkeley | $80,446 | $106,624 | +33% |
| Santa Clara University | $76,606 | $102,794 | +34% |
Compare to Similar Programs in California
Economics bachelors's programs at peer institutions in California (55 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $7,055 | $46,408 | $59,028 | $15,499* | β | |
| $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 | β* | β | |
| National Median | β | $51,722 | β | $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 State University-East Bay, approximately 44% 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.
Sample Size: Based on 20 graduates with reported earnings and 15 graduates with debt data. Small samples may not be representative.