Analysis
With $23,400 in estimated debt and first-year earnings around $54,600, this economics program appears to align closely with Virginia's median outcomes for the field—a manageable debt load that graduates could reasonably handle. The debt-to-earnings ratio of 0.43 suggests borrowers would owe less than half their annual salary, putting them in position to pay down debt within a few years while covering living expenses.
However, these figures come from similar programs across Virginia, not from tracking Emory & Henry's actual graduates. The state's economics programs show enormous variation—top earners at UVA and Washington & Lee command salaries 30-40% higher than the state median. Where a small liberal arts college in rural Southwest Virginia fits within that range remains unknown. The school's 96% admission rate and modest SAT scores suggest it serves a different student population than Virginia's flagship institutions, which could affect both career networks and employer recruiting patterns.
The estimated debt is reasonable, and comparable Virginia programs suggest economics majors generally find decent-paying work. But without actual outcomes data, you're betting on a regional pattern holding true for a specific school. If your child is choosing between this and larger programs with transparent track records, consider whether that uncertainty matters given their career goals and the availability of economic and finance opportunities in the Emory area versus urban centers.
Where Emory & Henry University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Virginia
Economics bachelors's programs at peer institutions in Virginia (28 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $35,280 | $54,643* | — | $23,399* | — | |
| $20,986 | $74,958* | $80,369 | $19,000* | 0.25 | |
| $64,525 | $71,737* | $110,050 | $23,399* | 0.33 | |
| $25,040 | $65,603* | $72,419 | $19,678* | 0.30 | |
| $13,576 | $62,286* | $86,390 | $18,575* | 0.30 | |
| $62,600 | $61,027* | $102,501 | $23,000* | 0.38 | |
| 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 Emory & Henry University, approximately 41% 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 12 similar programs in VA. Actual outcomes may vary.