Analysis
A debt-to-earnings ratio of 0.40 positions this program in manageable territory, though the numbers themselves tell an incomplete story. Based on comparable economics programs in Ohio, graduates would face roughly $20,500 in debt against first-year earnings around $51,500—figures that align closely with both state and national norms for the major. That's a reasonable starting point, particularly for students who may be accessing college through Pell grants and other financial aid.
The challenge lies in the earnings ceiling. Similar programs at Ohio schools like John Carroll and Cincinnati produce graduates earning $58,000 to $65,000 in their first year—$7,000 to $13,500 more than what peer programs to Central State suggest. Over a career, that gap compounds significantly. Economics degrees typically offer strong earning potential, but the value depends heavily on institutional reputation, alumni networks, and career services—factors these estimates can't capture.
For families weighing this program, the financial fundamentals look workable, but the real questions are about fit and opportunity. If Central State offers specific advantages—affordability beyond just loans, targeted support for first-generation students, or connections to employers who value its graduates—those could offset what appears to be a more modest earnings trajectory compared to other Ohio economics programs. Request actual placement data and alumni outcomes directly from the school.
Where Central State University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Ohio
Economics bachelors's programs at peer institutions in Ohio (42 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $7,824 | $51,537* | — | $20,507* | — | |
| $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 Central State University, approximately 42% 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 18 similar programs in OH. Actual outcomes may vary.