Analysis
Pennsylvania's business economics programs deliver substantially stronger outcomes than what peer institutions nationally suggest for Elizabethtown. The state median of $82,004 towers over the estimated $53,200 this program might produce—a gap of nearly $29,000 in first-year earnings. Programs at Villanova and Lehigh consistently place graduates above $80,000, setting a benchmark that comparable national programs (the basis for this estimate) fall well short of reaching.
The estimated debt load of $24,000 appears manageable in isolation, yielding a debt-to-earnings ratio of 0.45 if the earnings estimate holds. But here's the concern: if Pennsylvania business economics graduates typically earn in the low $80,000s, that $24,000 becomes negligible. If this program actually tracks closer to the national median of $53,200, that same debt becomes a much heavier burden—nearly half a year's salary rather than less than a third.
Without actual graduate outcomes from Elizabethtown itself, you're essentially betting on whether this program performs more like its Pennsylvania peers or like similar programs elsewhere. Given the college's 77% admission rate and modest student profile, expecting outcomes at Villanova's level seems optimistic. If your child is seriously considering business economics, push the admissions office hard for actual placement data, starting salaries, or employer lists that would clarify where this program really lands.
Where Elizabethtown College Stands
Earnings vs. debt across all business/managerial economics bachelors's programs nationally
Compare to Similar Programs in Pennsylvania
Business/Managerial Economics bachelors's programs at peer institutions in Pennsylvania (19 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $36,842 | $53,219* | — | $24,000* | — | |
| $64,701 | $82,212* | $122,309 | $27,000* | 0.33 | |
| $62,180 | $81,796* | $101,741 | $23,240* | 0.28 | |
| National Median | — | $53,219* | — | $22,250* | 0.42 |
Career Paths
Occupations commonly associated with business/managerial economics graduates
Economists
Environmental Economists
Financial Risk Specialists
Management Analysts
Economics Teachers, Postsecondary
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 Elizabethtown College, approximately 19% 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.