Est. Earnings (1yr)
$43,422
Est. from TN median (3 programs)
Est. Median Debt
$21,125
Est. from national median (58 programs)

Analysis

Similar Business/Managerial Economics programs in Tennessee suggest first-year earnings around $43,400—nearly $10,000 below the national median for this degree. That gap matters when you're deciding between ETSU and programs elsewhere, especially since the estimated debt load of $21,125 aligns closely with what business economics students typically carry nationwide. The debt-to-earnings ratio of 0.49 is manageable, but it assumes those state-level estimates hold true for ETSU specifically.

What's worth noting is that Tennessee's business economics programs cluster tightly around this $43,400 mark, from UT-Knoxville to Memphis. This suggests regional market constraints rather than institutional weakness—local employers may simply pay less for these graduates than coastal or urban markets do. For students planning to stay in the region after graduation, that's the reality. For those willing to relocate, the question becomes whether ETSU's curriculum and network can position them for the national median of $53,200.

The unknowns here are real: we're working from peer program data, not ETSU's actual graduate outcomes. If your family is risk-averse about investment returns, programs with reported data offer more certainty. But if Tennessee wages work for your family's financial picture and your student values ETSU's environment, the estimated debt burden won't trap them—it's roughly half a year's expected income.

Where East Tennessee State University Stands

Earnings vs. debt across all business/managerial economics bachelors's programs nationally

Compare to Similar Programs in Tennessee

Business/Managerial Economics bachelors's programs at peer institutions in Tennessee (12 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
East Tennessee State UniversityJohnson City$9,950$43,422*$21,125*
The University of Tennessee-KnoxvilleKnoxville$13,484$44,025*$62,859$23,847*0.54
Belmont UniversityNashville$41,320$43,422**
University of MemphisMemphis$10,344$37,534*$56,719$26,000*0.69
National Median$53,219*$22,250*0.42
* Estimated from similar programs

Career Paths

Occupations commonly associated with business/managerial economics graduates

Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

$115,440/yrJobs growth:Master's degree

Environmental Economists

Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.

$115,440/yrJobs growth:Master's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Management Analysts

Conduct organizational studies and evaluations, design systems and procedures, conduct work simplification and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Includes program analysts and management consultants.

$101,190/yrJobs growth:Bachelor's degree

Economics Teachers, Postsecondary

Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Survey Researchers

Plan, develop, or conduct surveys. May analyze and interpret the meaning of survey data, determine survey objectives, or suggest or test question wording. Includes social scientists who primarily design questionnaires or supervise survey teams.

$63,380/yrJobs growth:Master's degree
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 Tennessee State University, approximately 35% 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 3 similar programs in TN. Actual outcomes may vary.