Analysis
Indiana's economics bachelor's programs produce median first-year earnings around $58,000, and IU-Northwest's program appears positioned right at this state benchmark. With estimated debt of $21,277—actually below both state and national medians for economics degrees—the 0.37 debt-to-earnings ratio suggests a manageable financial start. That's roughly four months of gross income, which compares favorably to many bachelor's programs and leaves room to service loans while building career momentum.
The challenge here is uncertainty. These figures come from peer institutions across Indiana rather than IU-Northwest's actual graduate outcomes, so your child's experience could vary significantly. The school serves a population where 43% receive Pell grants, which often correlates with different career networks and geographic constraints than flagship state universities. While the estimated earnings match programs at larger Indiana schools like Ball State, students at IU-Northwest may face a different job market in the Gary-Chicago region versus downstate opportunities.
If your child can graduate near this debt level and secure work approaching $58,000, the economics degree pencils out reasonably well. But push for concrete placement data from the department—where do their graduates actually work, and what do they earn? The gap between these estimates and reality matters more at a regional campus than it would at a flagship.
Where Indiana University-Northwest 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)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $8,179 | $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 University-Northwest, approximately 43% 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.