Est. Earnings (1yr)
$53,219
Est. from national median (81 programs)
Est. Median Debt
$21,125
Est. from national median (58 programs)

Analysis

Drawing on peer programs nationally, this Business/Managerial Economics degree suggests first-year earnings around $53,200 against estimated debt of $21,100—a debt-to-earnings ratio of 0.40 that falls comfortably within manageable territory. That's roughly $4,000 less debt than the national median for similar programs, which matters when you're starting your career. The earnings estimate sits right at the national benchmark, meaning graduates from comparable programs typically enter the workforce on solid financial footing, though not at premium compensation levels.

The challenge for parents is that these figures come from similar programs elsewhere, not from tracking Eastern Michigan's own business economics graduates. With 271 schools offering this major nationally and 10 in Michigan alone, outcomes can vary based on local employer relationships, internship networks, and career services quality. Grand Valley State, the only Michigan program with public data, reports earnings nearly identical to these estimates, which offers some validation of the projections but doesn't confirm what Eastern Michigan specifically delivers.

For a student who can stay near this debt level—particularly important given that 37% of Eastern Michigan students receive Pell grants—the math works if those earnings materialize. The question is whether Eastern Michigan's specific business connections in the Detroit metro area will translate estimation into reality. Ask the department directly about recent graduate employment rates and starting salaries before committing.

Where Eastern Michigan University Stands

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

Compare to Similar Programs in Michigan

Business/Managerial Economics bachelors's programs at peer institutions in Michigan (10 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Eastern Michigan UniversityYpsilanti$15,510$53,219*$21,125*
Grand Valley State UniversityAllendale$14,628$53,536*$67,149$25,000*0.47
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 Eastern Michigan University, approximately 37% 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 national median of 81 similar programs. Actual outcomes may vary.