Economics at East Carolina University
Bachelor's Degree
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
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How East Carolina University graduates compare to all programs nationally
East Carolina University graduates earn $46k, placing them in the 29th percentile of all economics bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in North Carolina
Economics bachelors's programs at peer institutions in North Carolina (26 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| East Carolina University | $46,425 | $56,602 | $25,375 | 0.55 |
| Duke University | $98,649 | $153,139 | $13,437 | 0.14 |
| Elon University | $69,298 | $73,684 | $19,500 | 0.28 |
| University of North Carolina at Chapel Hill | $65,344 | $79,084 | $15,843 | 0.24 |
| Wake Forest University | $56,416 | $91,751 | $20,927 | 0.37 |
| North Carolina A & T State University | $45,446 | $51,790 | $27,000 | 0.59 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in North Carolina
Compare tuition, earnings, and debt across North Carolina schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Duke University Durham | $65,805 | $98,649 | $13,437 |
| Elon University Elon | $44,536 | $69,298 | $19,500 |
| University of North Carolina at Chapel Hill Chapel Hill | $8,989 | $65,344 | $15,843 |
| Wake Forest University Winston-Salem | $64,758 | $56,416 | $20,927 |
| North Carolina A & T State University Greensboro | $6,748 | $45,446 | $27,000 |
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.