Analysis
Indiana University-Bloomington's economics program costs roughly a third of first-year earnings—a manageable starting point that improves significantly as graduates gain experience. With earnings jumping 27% by year four to nearly $75,000, this program shows the kind of trajectory that makes early-career debt less of a burden over time. The $20,500 median debt sits below both national and state averages, giving graduates breathing room that many economics majors at pricier institutions don't have.
The program holds its own competitively, landing in the 75th percentile nationally and outperforming the typical Indiana economics degree by about $2,000 annually. While Notre Dame graduates earn substantially more out of the gate, IU-Bloomington's combination of solid earnings and lower debt creates a comparable value proposition—especially considering the 80% admission rate makes this accessible to a broader range of students. The performance clusters with flagship peer Purdue, both delivering similar outcomes at state flagship pricing.
For families weighing options, this represents a straightforward calculation: reasonable debt, strong starting salary, and clear upward momentum. The moderate sample size suggests these outcomes reflect a stable pattern rather than outliers. If your student can handle the academic rigor at a large research university and sees themselves in business, policy, or finance roles, this program delivers results without the financial stress that defines many college decisions today.
Where Indiana University-Bloomington Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Indiana University-Bloomington 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 |
|---|---|---|---|
| Indiana University-Bloomington | $59,142 | $74,866 | +27% |
| University of Notre Dame | $76,299 | $100,568 | +32% |
| DePauw University | $63,395 | $87,437 | +38% |
| Hanover College | $45,740 | $65,657 | +44% |
| Purdue University-Main Campus | $59,187 | $65,456 | +11% |
Compare to Similar Programs in Indiana
Economics bachelors's programs at peer institutions in Indiana (28 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $11,790 | $59,142 | $74,866 | $20,500 | 0.35 | |
| $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 | |
| $10,758 | $56,782 | — | $22,054 | 0.39 | |
| $49,125 | $51,815 | $64,767 | $27,000 | 0.52 | |
| 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 University-Bloomington, approximately 17% 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 63 graduates with reported earnings and 67 graduates with debt data. Small samples may not be representative.