Analysis
East Carolina's economics program lands right at the median for North Carolina—literally matching the state's $46,425 earnings figure—while keeping debt well below typical levels. For families weighing affordability, the 0.55 debt-to-earnings ratio beats most economics programs nationally, meaning graduates owe about half their first-year salary rather than the full year's wages many programs require.
The 22% earnings bump from year one to year four suggests solid career progression, though the program ranks in just the 29th percentile nationally. That gap makes sense when you see Duke and UNC Chapel Hill economics majors earning $98,649 and $65,344 respectively. The real question is whether the $20,000 tuition savings (compared to private NC schools) justifies lower starting salaries. For students who wouldn't gain admission to the state's elite programs, ECU delivers a functional economics degree without crushing debt.
The 90% admission rate and moderate sample size indicate this isn't a flagship program, but for North Carolina families prioritizing in-state tuition and manageable debt loads, it's a reasonable path. Just understand that breaking into higher-paying financial centers may require more networking effort than it would from Duke or UNC Chapel Hill.
Where East Carolina University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How East Carolina 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 |
|---|---|---|---|
| East Carolina University | $46,425 | $56,602 | +22% |
| Duke University | $98,649 | $153,139 | +55% |
| Wake Forest University | $56,416 | $91,751 | +63% |
| University of North Carolina at Chapel Hill | $65,344 | $79,084 | +21% |
| Elon University | $69,298 | $73,684 | +6% |
Compare to Similar Programs in North Carolina
Economics bachelors's programs at peer institutions in North Carolina (26 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $7,361 | $46,425 | $56,602 | $25,375 | 0.55 | |
| $65,805 | $98,649 | $153,139 | $13,437 | 0.14 | |
| $44,536 | $69,298 | $73,684 | $19,500 | 0.28 | |
| $8,989 | $65,344 | $79,084 | $15,843 | 0.24 | |
| $64,758 | $56,416 | $91,751 | $20,927 | 0.37 | |
| $6,748 | $45,446 | $51,790 | $27,000 | 0.59 | |
| 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 East Carolina University, approximately 31% 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 84 graduates with reported earnings and 104 graduates with debt data. Small samples may not be representative.