Analysis
In Iowa, economics programs show considerable variation, with graduates earning anywhere from the low $40,000s to nearly $60,000 in their first year. Central College's estimated outcomes—based on peer programs across the state—fall right at Iowa's median of $49,314, suggesting neither standout nor disappointing performance for the region.
The estimated debt load of $24,102 produces a manageable debt-to-earnings ratio of 0.49, meaning graduates would owe roughly half their first-year salary. This sits slightly above Iowa's typical debt level of $22,407 but remains well within reasonable bounds. Nationally, economics graduates from similar programs earn a median of $51,722, putting Central's estimated outcomes about $2,400 below that benchmark—a modest gap that could close quickly with career progression.
The challenge here is making a decision with limited visibility. The suppressed data means we don't know whether Central's actual graduates consistently match these state averages or fall above or below them. Given the school's 79% admission rate and moderate selectivity, outcomes tracking the state median seems plausible. For families comfortable with this uncertainty, the estimated debt burden appears manageable for an economics degree. Those seeking more certainty might prioritize Iowa State or the University of Iowa, where reported outcomes show stronger first-year earnings.
Where Central College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Iowa
Economics bachelors's programs at peer institutions in Iowa (17 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $20,988 | $49,314* | — | $24,102* | — | |
| $10,497 | $57,619* | $70,764 | $23,414* | 0.41 | |
| $10,964 | $50,223* | $66,230 | $22,407* | 0.45 | |
| $9,728 | $49,314* | $69,146 | $17,169* | 0.35 | |
| $64,862 | $46,791* | $67,691 | $16,950* | 0.36 | |
| $52,576 | $42,311* | — | $27,000* | 0.64 | |
| 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 Central College, approximately 21% 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 5 similar programs in IA. Actual outcomes may vary.