Analysis
Hampden-Sydney's economics program struggles to compete within Virginia, landing at just the 40th percentile among state schools despite relatively modest debt. While $52,155 starting is close to the national median, it trails Virginia's median by $2,500βa significant gap given that top programs in the state like UVA ($74,958) and Washington and Lee ($71,737) command substantially higher salaries. The 15% earnings growth to $60,208 by year four helps narrow this advantage gap somewhat, but graduates still earn less than what James Madison and William & Mary economics majors make right out of college.
The genuine bright spot here is the debt load: at $27,000, it's just 52% of first-year earnings, putting this program in the 5th percentile nationally (meaning 95% of economics programs saddle students with more debt). For families prioritizing affordability at a small liberal arts college, this matters. However, the small sample sizeβfewer than 30 graduatesβmeans these numbers could swing significantly year to year and may not represent your child's likely outcome.
Bottom line: If your student is set on Hampden-Sydney for its all-male, honor code environment, the manageable debt makes this economics degree workable. But purely from an ROI perspective, they'd likely earn $10,000-20,000 more annually at Virginia's flagship public universities while paying similar or lower tuition costs. This program doesn't make a strong financial case unless the school's unique culture is worth the earnings tradeoff.
Where Hampden-Sydney College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Hampden-Sydney College 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 |
|---|---|---|---|
| Hampden-Sydney College | $52,155 | $60,208 | +15% |
| 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% |
| George Mason University | $53,024 | $80,423 | +52% |
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 |
|---|---|---|---|---|---|
| $52,388 | $52,155 | $60,208 | $27,000 | 0.52 | |
| $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 Hampden-Sydney College, approximately 22% 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 23 graduates with reported earnings and 26 graduates with debt data. Small samples may not be representative.