Analysis
Based on comparable economics programs nationwide, first-year earnings around $51,700 against estimated debt of $24,100 yields a manageable debt-to-earnings ratio of 0.47—meaning graduates would owe less than half their first-year salary. That's within the bounds of reasonable educational investment, though it's worth noting that Louisiana's typical economics graduate earns closer to $46,400, about $5,000 less than the national baseline these estimates draw from.
The debt figure here runs slightly above both the national median ($22,800) and Louisiana's typical economics program debt of $19,500. With 39% of students receiving Pell grants, families should recognize that actual costs can vary significantly based on financial aid packages. The difference between estimated earnings and state-level outcomes suggests some uncertainty about whether Centenary's graduates achieve the national earnings pattern or track closer to Louisiana norms.
Here's the practical reality: if outcomes align with national peer programs, graduates would face monthly loan payments around $275 on a standard ten-year repayment plan—feasible on a $51,700 salary. But if earnings land closer to Louisiana's $46,400 median, that same debt becomes a tighter squeeze. Given the small program size that necessitated these estimates, prospective families should request direct placement data from Centenary's career services to understand where recent graduates actually land and whether the program connects students to higher-paying markets beyond Louisiana.
Where Centenary College of Louisiana Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Louisiana
Economics bachelors's programs at peer institutions in Louisiana (4 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $40,000 | $51,722* | — | $24,102* | — | |
| $65,538 | $46,386* | $77,364 | $19,500* | 0.42 | |
| 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 Centenary College of Louisiana, 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 national median of 351 similar programs. Actual outcomes may vary.