Based on U.S. Department of Education data (October 2025 release).
Analysis
Cleveland State's economics program starts graduates at $44,759βwell below both the national median ($51,722) and Ohio's median ($51,536) for economics degrees. That's a meaningful gap: this program ranks in just the 23rd percentile nationally and 40th percentile within Ohio, where stronger programs at Cincinnati, Miami, and even private schools like John Carroll see initial earnings $13,000-$20,000 higher. For a family weighing tuition investments, that starting salary difference compounds over time.
The upside is manageable debt. At $32,500, graduates here borrow about $10,000 more than the typical Ohio economics major, but the 0.73 debt-to-earnings ratio remains reasonableβstudents earn enough in year one to service loans without financial strain. The 34% earnings growth to nearly $60,000 by year four also shows the degree has trajectory, eventually catching closer to competitive programs' starting points.
The practical read: this is an accessible path to an economics degree at an open-admission university serving a high proportion of Pell-eligible students, but it doesn't deliver the immediate earning power of Ohio's stronger programs. If your child is choosing Cleveland State for location or affordability reasons, the economics major won't saddle them with crushing debt. But if they're comparing offers from Cincinnati or Miami, those programs show notably stronger returns from day one.
Where Cleveland State University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Cleveland State 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 |
|---|---|---|---|
| Cleveland State University | $44,759 | $59,894 | +34% |
| Miami University-Oxford | $57,379 | $80,452 | +40% |
| Kenyon College | $58,082 | $75,347 | +30% |
| University of Cincinnati-Main Campus | $58,590 | $70,663 | +21% |
| Denison University | $55,087 | $69,793 | +27% |
Compare to Similar Programs in Ohio
Economics bachelors's programs at peer institutions in Ohio (42 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $12,613 | $44,759 | $59,894 | $32,500 | 0.73 | |
| $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 | β | $51,722 | β | $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
Explore Related Programs
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.
Sample Size: Based on 31 graduates with reported earnings and 43 graduates with debt data. Small samples may not be representative.