Analysis
Hood College's estimated outcomes for economics graduates fall squarely at Maryland's median—around $51,500 in first-year earnings based on comparable programs in the state. That positions the program below the state's flagship universities but in line with other mid-tier Maryland institutions. The estimated debt of $25,000 creates a manageable debt-to-earnings ratio of 0.49, meaning graduates would owe roughly half their annual salary.
The challenge here is visibility. Because Hood's graduate cohort is small enough that the Department of Education suppresses actual outcomes data, we're working with state averages rather than school-specific results. This tells us what similar Maryland economics programs typically produce, but not necessarily what Hood delivers. The 78% admission rate and substantial Pell enrollment suggest Hood serves students who might not access more selective programs, which could be valuable if the actual outcomes match these estimates.
For parents, the estimated debt burden appears reasonable—monthly payments around $280 on a standard plan against mid-$40K take-home pay. The real question is whether Hood's specific program performs at the state median or below it. Request actual graduate outcomes directly from Hood's career services office, particularly employment rates and median starting salaries for recent economics graduates. Without hard numbers for this specific program, you're making an investment decision based on what peer programs deliver rather than proven results.
Where Hood College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Maryland
Economics bachelors's programs at peer institutions in Maryland (16 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $45,870 | $51,483* | — | $25,000* | — | |
| $63,340 | $78,181* | $108,040 | $12,494* | 0.16 | |
| $11,505 | $58,650* | $72,814 | $20,097* | 0.34 | |
| $12,952 | $54,859* | $68,275 | $21,920* | 0.40 | |
| $15,236 | $51,483* | $61,048 | $24,946* | 0.48 | |
| $11,306 | $50,910* | $60,328 | $18,838* | 0.37 | |
| 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 Hood College, approximately 36% 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 7 similar programs in MD. Actual outcomes may vary.