Analysis
Based on comparable Business/Managerial Economics programs across Ohio, Cleveland State appears positioned right at the state median—suggesting first-year earnings around $60,200 against estimated debt of $21,000. That 0.35 debt-to-earnings ratio means graduates would owe roughly four months of their first year's salary, which sits comfortably within manageable territory. What's worth noting is that this estimated performance matches what flagship programs like Ohio State and Miami produce, despite Cleveland State's 95% admission rate and significantly lower average SAT scores.
The estimated debt figure actually runs slightly below the national median for this degree ($22,250), while the earnings estimate places graduates at the 75th percentile nationally. For a business economics degree from an accessible urban university, peer programs suggest solid mid-career entry positioning without excessive borrowing. Cleveland State serves a substantial population of Pell-eligible students (39%), and if these estimates hold, the program delivers professional-level earnings without the debt burden that can trap first-generation college students.
The practical question is whether your student can reasonably expect outcomes in line with these state medians. Cleveland State's open-door policy means academic rigor varies widely among students. If your child can maintain discipline and leverage the urban location for internships, similar Ohio programs suggest they'd enter the workforce earning roughly the state median while managing debt that shouldn't derail their twenties—assuming they complete the degree and secure employment in their field.
Where Cleveland State University Stands
Earnings vs. debt across all business/managerial economics bachelors's programs nationally
Compare to Similar Programs in Ohio
Business/Managerial Economics bachelors's programs at peer institutions in Ohio (19 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $12,613 | $60,236* | — | $21,000* | — | |
| $12,859 | $61,979* | $70,360 | $19,500* | 0.31 | |
| $17,809 | $60,596* | $72,562 | $24,000* | 0.40 | |
| $6,178 | $60,236* | — | $21,000* | 0.35 | |
| $6,178 | $60,236* | — | $21,000* | 0.35 | |
| $6,178 | $60,236* | — | $21,000* | 0.35 | |
| National Median | — | $53,219* | — | $22,250* | 0.42 |
Career Paths
Occupations commonly associated with business/managerial economics graduates
Economists
Environmental Economists
Financial Risk Specialists
Management Analysts
Economics Teachers, Postsecondary
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 Cleveland State University, 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 median of 11 similar programs in OH. Actual outcomes may vary.