Analysis
For an economics degree, $25,000 in estimated debt falls slightly above what's typical nationally but aligns closely with other Ohio programs. Based on comparable bachelor's programs across the state, first-year earnings around $51,500 suggest graduates enter a competitive starting position—matching both state and national medians for economics majors. The debt-to-earnings ratio of 0.49 means students would owe roughly half their first-year salary, a manageable burden that most graduates could realistically pay down within a few years.
The challenge here is context: we're working with estimates because Heidelberg's economics program graduates too few students for the Department of Education to report their specific outcomes. While peer programs in Ohio suggest solid returns—with the state median perfectly aligned with this estimate—top programs like John Carroll and Oberlin show economics graduates can earn $10,000-$14,000 more right out of the gate. That difference compounds significantly over a career.
The key question is whether Heidelberg's program positions graduates as competitively as those higher-earning peers. With 68% of applicants admitted and economics programs varying widely in rigor and recruitment connections, parents should dig into where Heidelberg's graduates actually land jobs. The estimated numbers suggest reasonable value, but without actual outcomes data, you're making an informed guess rather than an evidence-based decision.
Where Heidelberg University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Ohio
Economics bachelors's programs at peer institutions in Ohio (42 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $33,628 | $51,537* | — | $25,000* | — | |
| $49,100 | $65,098* | $67,845 | $27,000* | 0.41 | |
| $64,646 | $61,713* | $64,495 | $25,000* | 0.41 | |
| $13,570 | $58,590* | $70,663 | $21,264* | 0.36 | |
| $69,330 | $58,082* | $75,347 | $18,718* | 0.32 | |
| $17,809 | $57,379* | $80,452 | $25,500* | 0.44 | |
| 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 Heidelberg University, approximately 29% 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 median of 18 similar programs in OH. Actual outcomes may vary.