Analysis
An economics degree from Dordt comes with estimated debt of $24,102—slightly above both the state and national typical debt loads—while similar programs in Iowa suggest first-year earnings around $49,000. That debt-to-earnings ratio of 0.49 isn't alarming on its face, but it's worth noting that Iowa's public universities are producing economics graduates who earn considerably more: Iowa State's economics program reports $57,600 in first-year earnings, giving their graduates 17% higher pay while carrying similar debt.
The challenge here is that we're working with estimates for Dordt, not actual outcomes data, because the graduate sample was too small to publish. What we can see from peer programs suggests this economics degree will deliver earnings close to the Iowa median, which puts graduates in a manageable financial position. The debt should be repayable within a reasonable timeframe for someone earning nearly $50,000 out of the gate. However, if your child is considering economics specifically for career reasons rather than personal interest, Iowa's larger universities are delivering measurably stronger earning power with similar or lower debt burdens.
The practical takeaway: This program appears financially viable based on comparable Iowa economics degrees, but if maximizing early-career earnings is the priority, Dordt's smaller program doesn't show the same market outcomes as the state's flagship universities. That said, if your student values Dordt's educational environment and smaller class sizes, the estimated financial picture isn't prohibitive—just not exceptional.
Where Dordt University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Iowa
Economics bachelors's programs at peer institutions in Iowa (17 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $35,960 | $49,314* | — | $24,102* | — | |
| $10,497 | $57,619* | $70,764 | $23,414* | 0.41 | |
| $10,964 | $50,223* | $66,230 | $22,407* | 0.45 | |
| $9,728 | $49,314* | $69,146 | $17,169* | 0.35 | |
| $64,862 | $46,791* | $67,691 | $16,950* | 0.36 | |
| $52,576 | $42,311* | — | $27,000* | 0.64 | |
| 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 Dordt University, approximately 18% 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 5 similar programs in IA. Actual outcomes may vary.