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 $21,500βmeaning 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 & Leeβelite 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
Earnings Distribution
How George Mason University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| George Mason University | $53,024 | $80,423 | +52% |
| Washington and Lee University | $71,737 | $110,050 | +53% |
| University of Richmond | $61,027 | $102,501 | +68% |
| James Madison University | $62,286 | $86,390 | +39% |
| University of Virginia-Main Campus | $74,958 | $80,369 | +7% |
Compare to Similar Programs in Virginia
Economics bachelors's programs at peer institutions in Virginia (28 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $13,815 | $53,024 | $80,423 | $21,500 | 0.41 | |
| $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 | β | $51,722 | β | $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 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.