Analysis
Indiana University-Indianapolis's economics program lags behind both the state median ($57,962) and national median ($51,722) in first-year earnings, placing it in the bottom quartile among Indiana economics programs. Starting at $45,443, graduates earn less than their peers at every other flagship university in the stateβBloomington's IU economics grads start at $59,142, while Purdue's begin at $59,187. This is notable given both are public institutions with similar accessibility.
The positive news is the 32% earnings growth over four years, bringing graduates to nearly $60,000 by year four, which closes the gap considerably. The debt load of $18,711 is also manageable, below both state and national averages, resulting in a reasonable debt-to-earnings ratio of 0.41. For a student choosing this program over IU-Bloomington's economics program, they'd save money on debt but likely sacrifice $15,000+ in early career earningsβa significant difference that compounds over time.
The gap between this campus and Bloomington's economics program is substantial enough that if your child qualifies for both, the Bloomington program appears to offer stronger market positioning. However, if Indianapolis is the financially viable option or career plans involve staying in the city, the moderate debt load provides flexibility for graduate school or career pivots while earnings trajectory suggests long-term competitiveness.
Where Indiana University-Indianapolis Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Indiana University-Indianapolis 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-Indianapolis | $45,443 | $59,781 | +32% |
| University of Notre Dame | $76,299 | $100,568 | +32% |
| DePauw University | $63,395 | $87,437 | +38% |
| Indiana University-Bloomington | $59,142 | $74,866 | +27% |
| Hanover College | $45,740 | $65,657 | +44% |
Compare to Similar Programs in Indiana
Economics bachelors's programs at peer institutions in Indiana (28 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $10,449 | $45,443 | $59,781 | $18,711 | 0.41 | |
| $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 | β | $22,054 | 0.39 | |
| National Median | β | $51,722 | β | $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-Indianapolis, 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.
Sample Size: Based on 31 graduates with reported earnings and 32 graduates with debt data. Small samples may not be representative.