Median Earnings (1yr)
$32,877
5th percentile (10th in CA)
Median Debt
$11,000
52% below national median
Debt-to-Earnings
0.33
Manageable
Sample Size
29
Limited data

Analysis

An economics degree should open doors to solid middle-class earnings, but Cal State LA's graduates are earning $32,877 in their first year—barely 60% of what California's median economics graduate makes. This places the program in the bottom 10% statewide, despite the relatively modest $11,000 debt load. Even among Cal State LA's highly accessible student body (92% admission rate, two-thirds on Pell grants), these outcomes suggest something isn't connecting between the degree and the job market.

The small sample size—fewer than 30 graduates tracked—warrants serious caution here. These numbers might not represent the typical experience, and one or two outliers could skew the picture significantly. That said, the gap is too large to ignore: Cal State LA economics grads are earning $18,000 less annually than the California median and nearly $19,000 below the national benchmark. Compare this to nearby options like Santa Clara ($76,606) or even the UC system schools, and the difference becomes stark.

For families weighing this program, the low debt is genuinely positive—it keeps financial risk contained. But parents should dig deeper: What career services support exists? Where do graduates actually end up working? At these earnings levels, students might be better served by the business program or exploring economics degrees at other Cal State campuses where outcomes data looks stronger.

Where California State University-Los Angeles Stands

Earnings vs. debt across all economics bachelors's programs nationally

California State University-Los AngelesOther economics programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How California State University-Los Angeles graduates compare to all programs nationally

California State University-Los Angeles graduates earn $33k, placing them in the 5th percentile of all economics bachelors programs nationally.

Compare to Similar Programs in California

Economics bachelors's programs at peer institutions in California (55 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
California State University-Los Angeles$32,877—$11,0000.33
Stanford University$98,104$127,416$12,5000.13
Claremont McKenna College$89,505$115,832$12,0000.13
University of California-Berkeley$80,446$106,624$13,0000.16
Santa Clara University$76,606$102,794$19,5000.25
Pomona College$70,051$100,669——
National Median$51,722—$22,8160.44

Other Economics Programs in California

Compare tuition, earnings, and debt across California schools

SchoolIn-State TuitionEarnings (1yr)Debt
Stanford University
Stanford
$62,484$98,104$12,500
Claremont McKenna College
Claremont
$64,150$89,505$12,000
University of California-Berkeley
Berkeley
$14,850$80,446$13,000
Santa Clara University
Santa Clara
$59,241$76,606$19,500
Pomona College
Claremont
$62,326$70,051—

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-Los Angeles, approximately 66% 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 29 graduates with reported earnings and 21 graduates with debt data. Small samples may not be representative.