Analysis
Georgia State's economics program shows a troubling pattern: graduates start nearly $11,000 below the national median and sit in the 12th percentile nationally—meaning 88% of economics programs produce better early outcomes. Even within Georgia, where this program ranks in the 40th percentile, graduates trail UGA by $9,000 and fall well short of top in-state options like Emory and Spelman. The $28,500 debt load, while only slightly above state norms, becomes harder to justify when paired with these below-average starting salaries.
The positive story here is growth: earnings jump 53% to $62,000 by year four, suggesting the degree eventually delivers decent mid-career value. But that $40,600 starting salary means recent graduates face a difficult period of loan repayment and launching their careers. For a university serving 50% Pell Grant recipients, this early earnings gap matters significantly—those first few years of financial struggle can have lasting consequences.
If your child is choosing between Georgia State and UGA for economics, that $9,000 annual difference adds up quickly. If they're comparing Georgia State to private schools like Emory, the $30,000+ gap is even starker. This program works best for students who need to stay in Atlanta for personal reasons or who are coupling the degree with strong internships that can boost those initial earnings. Otherwise, the in-state alternatives deliver better returns on a similar investment.
Where Georgia State University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Georgia State 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 |
|---|---|---|---|
| Georgia State University | $40,598 | $62,063 | +53% |
| Emory University | $71,340 | $86,679 | +22% |
| Morehouse College | $40,726 | $83,743 | +106% |
| University of Georgia | $49,725 | $68,386 | +38% |
| Spelman College | $59,907 | $67,871 | +13% |
Compare to Similar Programs in Georgia
Economics bachelors's programs at peer institutions in Georgia (16 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $8,478 | $40,598 | $62,063 | $28,500 | 0.70 | |
| $60,774 | $71,340 | $86,679 | $21,000 | 0.29 | |
| $30,058 | $59,907 | $67,871 | $27,000 | 0.45 | |
| $11,180 | $49,725 | $68,386 | $16,924 | 0.34 | |
| $31,725 | $40,726 | $83,743 | $27,000 | 0.66 | |
| $5,971 | $39,899 | $45,971 | $25,250 | 0.63 | |
| 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 Georgia State University, approximately 50% 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 159 graduates with reported earnings and 165 graduates with debt data. Small samples may not be representative.