Analysis
Case Western's economics program produces middling outcomes that fall short of what you'd expect given the university's selectivity and prestige. Starting at $53,148, graduates earn slightly more than the typical Ohio economics major, landing in the 60th percentile statewide—but they trail programs at John Carroll, Oberlin, and even large public universities like Cincinnati by significant margins. For a school with a 29% acceptance rate and 1501 average SAT, this performance suggests the economics degree doesn't carry the same weight as some of CWRU's STEM-focused programs.
The financial picture is more favorable than the earnings suggest. With median debt of just $25,949 and a debt-to-earnings ratio of 0.49, graduates avoid the burden that hampers many liberal arts majors. That debt level sits in the 19th percentile nationally—meaning it's lower than 81% of economics programs nationwide—which provides meaningful breathing room early in graduates' careers. The 21% earnings growth to $64,148 by year four also indicates decent career progression, even if the starting point is unspectacular.
Fair warning: this data comes from fewer than 30 graduates, so individual outcomes could vary substantially. But if your child is choosing between CWRU and other Ohio privates for economics specifically, the numbers don't support paying a premium here. The manageable debt keeps this from being a bad choice, just not a standout one.
Where Case Western Reserve University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Case Western Reserve University 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 |
|---|---|---|---|
| Case Western Reserve University | $53,148 | $64,148 | +21% |
| Miami University-Oxford | $57,379 | $80,452 | +40% |
| Kenyon College | $58,082 | $75,347 | +30% |
| University of Cincinnati-Main Campus | $58,590 | $70,663 | +21% |
| Denison University | $55,087 | $69,793 | +27% |
Compare to Similar Programs in Ohio
Economics bachelors's programs at peer institutions in Ohio (42 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $64,671 | $53,148 | $64,148 | $25,949 | 0.49 | |
| $49,100 | $65,098 | $67,845 | $27,000 | 0.41 | |
| $64,646 | $61,713 | $64,495 | $25,000 | 0.41 | |
| $13,570 | $58,590 | $70,663 | $21,264 | 0.36 | |
| $69,330 | $58,082 | $75,347 | $18,718 | 0.32 | |
| $17,809 | $57,379 | $80,452 | $25,500 | 0.44 | |
| 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 Case Western Reserve University, approximately 17% 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 24 graduates with reported earnings and 32 graduates with debt data. Small samples may not be representative.