Analysis
Clemson's economics program produces graduates earning less than the national median for economics degrees—about $45,000 in year one versus $51,700 nationally—but the 22% earnings growth to $55,000 by year four shows solid career progression. With debt of $22,250, graduates owe roughly half their first-year salary, which is manageable though not exceptional. Among South Carolina's 13 economics programs, Clemson ranks around the 40th percentile, trailing both Furman ($55,600) and the University of South Carolina at launch.
The core tension here is that Clemson's selectivity (38% admission rate, 1341 SAT) suggests a more competitive program than these earnings reflect. For a flagship-caliber university, producing economics graduates who start $6,600 below the national median deserves scrutiny. The debt load is reasonable but unremarkable—basically average nationally—meaning there's no particular financial advantage to offset the lower starting salaries.
If your student is set on Clemson for other reasons (campus culture, engineering reputation, location), this economics program won't derail their financial future—the debt is manageable and earnings do improve. But families shopping primarily on ROI should know that peer institutions in South Carolina match or exceed these outcomes, and the national market suggests stronger economics programs exist at similar price points.
Where Clemson University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Clemson University 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 |
|---|---|---|---|
| Clemson University | $45,075 | $55,077 | +22% |
| Duke University | $98,649 | $153,139 | +55% |
| University of Chicago | $92,075 | $127,832 | +39% |
| Amherst College | $90,568 | $127,636 | +41% |
| University of South Carolina-Columbia | $48,149 | $57,679 | +20% |
Compare to Similar Programs in South Carolina
Economics bachelors's programs at peer institutions in South Carolina (13 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $15,554 | $45,075 | $55,077 | $22,250 | 0.49 | |
| $58,312 | $55,615 | — | $24,125 | 0.43 | |
| $12,688 | $48,149 | $57,679 | $24,062 | 0.50 | |
| 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 Clemson University, approximately 15% 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 102 graduates with reported earnings and 101 graduates with debt data. Small samples may not be representative.