Analysis
Centre College economics graduates start near the state median at $51,077, then see impressive 32% earnings growth over four years—substantially outpacing the typical trajectory for Kentucky economics programs. This upward momentum matters more than the middling initial salary, suggesting the liberal arts foundation and Centre's alumni network compound in value as graduates establish careers.
The financial structure here is notably student-friendly: $27,000 in debt represents just 53% of first-year earnings and sits in the 5th percentile nationally—meaning 95% of economics programs leave students with heavier debt burdens. While Centre doesn't match Western Kentucky's immediate earnings advantage, the combination of low debt and strong growth trajectory creates a fundamentally different risk profile. By year four, Centre graduates are earning $67,177, well above both state and national medians.
For families who can manage Centre's private college costs without excessive borrowing, this represents solid value—particularly for students who thrive in smaller academic environments. The 60th percentile ranking among Kentucky programs understates the value proposition when you factor in debt levels and earnings acceleration. Just understand you're paying for career trajectory rather than immediate payoff, which works best when your student has career ambitions beyond first-job salary.
Where Centre College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Centre College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Centre College | $51,077 | $67,177 | +32% |
| Duke University | $98,649 | $153,139 | +55% |
| University of Chicago | $92,075 | $127,832 | +39% |
| University of Kentucky | $41,713 | $55,856 | +34% |
| Western Kentucky University | $53,857 | $55,446 | +3% |
Compare to Similar Programs in Kentucky
Economics bachelors's programs at peer institutions in Kentucky (12 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $50,550 | $51,077 | $67,177 | $27,000 | 0.53 | |
| $11,436 | $53,857 | $55,446 | $19,500 | 0.36 | |
| $13,212 | $41,713 | $55,856 | $26,942 | 0.65 | |
| 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 Centre 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.
Sample Size: Based on 71 graduates with reported earnings and 79 graduates with debt data. Small samples may not be representative.