Economics at George Mason University
Bachelor's Degree
Analysis
George Mason's economics program offers one of the best debt-to-earnings ratios you'll find, with graduates starting at $53,024 and owing just $21,500—meaning the debt burden sits comfortably under half of first-year income. More importantly, earnings jump 52% by year four to over $80,000, making this program a genuine fast riser. That four-year figure puts graduates squarely in the middle class with manageable debt behind them, which is exactly what you want from a state university economics degree.
The Virginia context matters here. While Mason ranks in the 40th percentile among Virginia economics programs initially, it's competing against UVA, William & Mary, and Washington & Lee—elite schools with much tougher admissions. Mason's 89% acceptance rate means your child has a realistic shot at admission, unlike those highly selective alternatives. The gap narrows over time as Mason grads' earnings accelerate, and the debt load is actually slightly lower than the state median.
This program works particularly well for students who want solid economics training without betting heavily on immediate post-graduation earnings. The trajectory suggests Mason graduates are building real skills that employers value more with experience. At this debt level and with this earnings growth, you're looking at a program that pays for itself quickly and sets up genuine career momentum.
Where George Mason University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How George Mason University graduates compare to all programs nationally
George Mason University graduates earn $53k, placing them in the 55th percentile of all economics bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Virginia
Economics bachelors's programs at peer institutions in Virginia (28 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| George Mason University | $53,024 | $80,423 | $21,500 | 0.41 |
| University of Virginia-Main Campus | $74,958 | $80,369 | $19,000 | 0.25 |
| Washington and Lee University | $71,737 | $110,050 | $23,399 | 0.33 |
| William & Mary | $65,603 | $72,419 | $19,678 | 0.30 |
| James Madison University | $62,286 | $86,390 | $18,575 | 0.30 |
| University of Richmond | $61,027 | $102,501 | $23,000 | 0.38 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Virginia
Compare tuition, earnings, and debt across Virginia schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| University of Virginia-Main Campus Charlottesville | $20,986 | $74,958 | $19,000 |
| Washington and Lee University Lexington | $64,525 | $71,737 | $23,399 |
| William & Mary Williamsburg | $25,040 | $65,603 | $19,678 |
| James Madison University Harrisonburg | $13,576 | $62,286 | $18,575 |
| University of Richmond University of Richmond | $62,600 | $61,027 | $23,000 |
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 George Mason University, approximately 30% 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.
Sample Size: Based on 103 graduates with reported earnings and 111 graduates with debt data. Small samples may not be representative.