Economics at Case Western Reserve University
Bachelor's Degree
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
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 Case Western Reserve University graduates compare to all programs nationally
Case Western Reserve University graduates earn $53k, placing them in the 55th percentile of all economics bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Ohio
Economics bachelors's programs at peer institutions in Ohio (42 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Case Western Reserve University | $53,148 | $64,148 | $25,949 | 0.49 |
| John Carroll University | $65,098 | $67,845 | $27,000 | 0.41 |
| Oberlin College | $61,713 | $64,495 | $25,000 | 0.41 |
| University of Cincinnati-Main Campus | $58,590 | $70,663 | $21,264 | 0.36 |
| Kenyon College | $58,082 | $75,347 | $18,718 | 0.32 |
| Miami University-Oxford | $57,379 | $80,452 | $25,500 | 0.44 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Ohio
Compare tuition, earnings, and debt across Ohio schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| John Carroll University University Heights | $49,100 | $65,098 | $27,000 |
| Oberlin College Oberlin | $64,646 | $61,713 | $25,000 |
| University of Cincinnati-Main Campus Cincinnati | $13,570 | $58,590 | $21,264 |
| Kenyon College Gambier | $69,330 | $58,082 | $18,718 |
| Miami University-Oxford Oxford | $17,809 | $57,379 | $25,500 |
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.