Analysis
Similar economics programs across Indiana suggest first-year earnings around $58,000—a figure that places this degree solidly in the middle of the state's range and above the national median of $51,700. When paired with estimated debt of $21,300, you're looking at manageable borrowing: graduates would owe roughly 37% of their first year's salary, which is reasonable by most standards.
The challenge is uncertainty. These figures come from peer programs at similar institutions in Indiana, not from Indiana State's own graduates in this major. The school's 92% admission rate and the fact that 39% of students receive Pell grants tells you this serves a different population than Notre Dame or DePauw (where economics grads earn $76,000 and $63,000 respectively). Whether Indiana State's outcomes match the state median—or fall below it—depends entirely on factors we can't see: internship networks, career services effectiveness, and how prepared students are for competitive entry-level roles in finance, consulting, or data analysis.
The debt load appears conservative enough to absorb some downside risk, but without actual graduate outcomes, you're making an investment decision with incomplete information. If your child is choosing Indiana State for economics, dig into placement rates, alumni networks, and whether graduates land jobs that match their degree—not just any job.
Where Indiana State University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Indiana
Economics bachelors's programs at peer institutions in Indiana (28 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $9,992 | $57,962* | — | $21,277* | — | |
| $62,693 | $76,299* | $100,568 | $19,965* | 0.26 | |
| $57,070 | $63,395* | $87,437 | $26,978* | 0.43 | |
| $9,992 | $59,187* | $65,456 | $24,700* | 0.42 | |
| $11,790 | $59,142* | $74,866 | $20,500* | 0.35 | |
| $10,758 | $56,782* | — | $22,054* | 0.39 | |
| 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 Indiana State University, approximately 39% 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 8 similar programs in IN. Actual outcomes may vary.