Analysis
Based on comparable economics programs in North Carolina, Catawba's estimated first-year earnings of $46,425 sit right at the state median—a practical starting point, though notably behind the state's powerhouse programs at Duke ($98,649) and UNC-Chapel Hill ($65,344). The estimated $19,500 in debt is slightly below typical levels for NC economics degrees, creating a debt-to-earnings ratio of 0.42 that suggests graduates could reasonably manage their loans. For context, the national median for economics bachelor's degrees is about $51,700, meaning these figures suggest Catawba's outcomes trail the broader national picture by roughly $5,000.
The challenge here is that we're working entirely with estimates derived from peer programs—the actual graduate cohort at Catawba was too small for the Department of Education to report publicly. This means the true outcomes could vary considerably from these state-level benchmarks. What we can say is that if Catawba performs similarly to other mid-tier NC economics programs, the financial picture appears manageable but not exceptional.
For families considering this program, the key question is whether Catawba offers something—smaller class sizes, specific faculty expertise, campus culture—that justifies potentially similar outcomes to larger public universities at comparable or lower cost. The estimated numbers suggest neither a red flag nor a standout opportunity, making the non-financial factors particularly important in this decision.
Where Catawba College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in North Carolina
Economics bachelors's programs at peer institutions in North Carolina (26 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $33,400 | $46,425* | — | $19,500* | — | |
| $65,805 | $98,649* | $153,139 | $13,437* | 0.14 | |
| $44,536 | $69,298* | $73,684 | $19,500* | 0.28 | |
| $8,989 | $65,344* | $79,084 | $15,843* | 0.24 | |
| $64,758 | $56,416* | $91,751 | $20,927* | 0.37 | |
| $7,361 | $46,425* | $56,602 | $25,375* | 0.55 | |
| 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 Catawba College, approximately 39% 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 9 similar programs in NC. Actual outcomes may vary.