Analysis
Economics programs across Arkansas show considerable variation in early outcomes, and Harding's position within that landscape remains uncertain given the limited graduate data. Peer economics programs nationally suggest first-year earnings around $51,700, which would be strong for Arkansas—roughly $10,000 above the state median for this major. However, the two Arkansas schools with reported data (University of Central Arkansas and Hendrix College) both show earnings in the low $40,000s, making the national estimate potentially optimistic for the local market.
The estimated debt load of $24,100 aligns closely with both state and national norms for economics degrees, yielding a manageable debt-to-earnings ratio if graduates actually achieve the estimated salary. That's less than half a year's income, which would represent reasonable financial positioning. Yet this assumes earnings follow the national pattern rather than Arkansas's lower trajectory—a meaningful distinction when you're actually making payments.
Given Harding's open admission policy and the lack of specific outcome data for this program, you're essentially betting that their economics graduates will significantly outperform other Arkansas schools for which we do have confirmed data. That's possible—private Christian universities can have strong alumni networks that boost placement—but it requires faith beyond what the numbers can currently support. If career services can connect you with actual recent graduates to verify their employment outcomes, that conversation becomes essential before committing.
Where Harding University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Arkansas
Economics bachelors's programs at peer institutions in Arkansas (9 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $24,888 | $51,722* | — | $24,102* | — | |
| $10,118 | $41,919* | — | $19,835* | 0.47 | |
| $36,650 | $40,445* | $59,455 | $27,000* | 0.67 | |
| 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 Harding University, approximately 19% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 351 similar programs. Actual outcomes may vary.