Economics at Grand Valley State University
Bachelor's Degree
Analysis
Grand Valley State's economics program produces graduates earning about $54,000 in their first year—solidly above both the national and Michigan medians for the degree. What makes this particularly noteworthy: students leave with just $27,000 in debt, putting them in the 5th percentile nationally for borrowing. That 0.50 debt-to-earnings ratio means graduates owe roughly half their first-year salary, a manageable threshold that gives them financial flexibility early in their careers.
Within Michigan, this program punches slightly above its weight. It ranks in the 60th percentile statewide for earnings, trailing the flagship University of Michigan program but outperforming several well-regarded institutions. The 9% earnings growth to year four suggests graduates are building solid career momentum, though the extremely small sample size (under 30 graduates tracked) means individual outcomes could vary significantly from these medians.
For families seeking an affordable economics degree with reasonable earning potential, this hits the mark. The combination of low debt and respectable starting salaries means graduates aren't locked into high-paying jobs just to manage loans—they have breathing room to explore different career paths or geographic markets. Just keep in mind the limited data means you're working with less certainty than programs with hundreds of tracked graduates.
Where Grand Valley State 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 Grand Valley State University graduates compare to all programs nationally
Grand Valley State University graduates earn $54k, placing them in the 58th 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 Michigan
Economics bachelors's programs at peer institutions in Michigan (22 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Grand Valley State University | $53,985 | $58,840 | $27,000 | 0.50 |
| University of Michigan-Ann Arbor | $68,416 | $87,800 | $19,690 | 0.29 |
| Michigan State University | $54,013 | $71,300 | $24,250 | 0.45 |
| Wayne State University | $50,648 | $73,856 | $24,681 | 0.49 |
| University of Michigan-Dearborn | $49,665 | $70,842 | $28,381 | 0.57 |
| Albion College | $48,756 | $55,527 | $27,000 | 0.55 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Michigan
Compare tuition, earnings, and debt across Michigan schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| University of Michigan-Ann Arbor Ann Arbor | $17,228 | $68,416 | $19,690 |
| Michigan State University East Lansing | $15,988 | $54,013 | $24,250 |
| Wayne State University Detroit | $14,297 | $50,648 | $24,681 |
| University of Michigan-Dearborn Dearborn | $14,944 | $49,665 | $28,381 |
| Albion College Albion | $55,746 | $48,756 | $27,000 |
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 Grand Valley State University, approximately 26% 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 22 graduates with reported earnings and 26 graduates with debt data. Small samples may not be representative.