Analysis
Similar economics programs in Indiana suggest first-year earnings around $58,000βa solid number that sits right at the state median and notably above the national benchmark of $51,700. The estimated debt load of $21,300 translates to a manageable 0.37 debt-to-earnings ratio, meaning graduates would owe about four and a half months of their first-year salary. This compares favorably to the national median debt of $22,800 for economics degrees.
The challenge is that these figures come from peer programs across Indiana, not IU-South Bend's actual graduates, so there's inherent uncertainty in how this specific program performs. The school serves a substantial population of Pell Grant recipients (41%), which often correlates with students who need their degree to deliver strong economic returns. Comparable programs at IU-Bloomington and Purdue produce similar earnings in the $59,000 range, while Notre Dame's economics grads earn significantly more at $76,000βthough the latter involves a much different student profile and cost structure.
If these estimates hold true, the program would offer reasonable value: Indiana economics degrees generally produce decent starting salaries without crushing debt. However, the lack of actual outcome data makes it difficult to know whether IU-South Bend's graduates match their peers' performance. Before committing, press the financial aid office for any graduate outcome information they track internally, even if it hasn't been published.
Where Indiana University-South Bend 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* | β | $21,277* | β | |
| $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-South Bend, approximately 41% 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.