Analysis
Based on comparable economics programs in South Carolina, Francis Marion's graduates appear to start around $48,000—roughly on par with the state median but about $3,500 below the national benchmark for the major. The estimated debt load of $21,650 is actually lower than both state and national medians for economics degrees, resulting in a manageable debt-to-earnings ratio of 0.45. This suggests that even if actual outcomes vary from these peer-based estimates, the financial structure looks reasonable for a bachelor's degree at a regional public university.
What's harder to assess is how Francis Marion's program specifically performs relative to the estimates. The school serves a substantial population of Pell-eligible students (39%), which could mean graduates face different labor market entry points than those at schools like Furman, where economics grads earn an estimated $7,000 more in their first year. On the other hand, lower debt here could reflect the school's public university pricing advantage, which matters when building financial runway early in your career.
The practical challenge: these estimates are drawn from a limited pool of SC programs, and without reported data specific to Francis Marion, you're making an educated guess about a degree's value rather than evaluating a track record. If your child is targeting economics specifically for career access—finance, consulting, data analysis—investigate where Francis Marion graduates actually land jobs and whether those outcomes justify even modest debt.
Where Francis Marion University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in South Carolina
Economics bachelors's programs at peer institutions in South Carolina (13 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $11,160 | $48,149* | — | $21,650* | — | |
| $58,312 | $55,615* | — | $24,125* | 0.43 | |
| $12,688 | $48,149* | $57,679 | $24,062* | 0.50 | |
| $15,554 | $45,075* | $55,077 | $22,250* | 0.49 | |
| 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 Francis Marion University, approximately 39% 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 SC. Actual outcomes may vary.