Economics at Johnson & Wales University-Online
Bachelor's Degree
online.jwu.edu/?_ga=2.36357734.752362341.1629739669-391300583.1600981500Analysis
Based on four economics programs in Rhode Island, this online bachelor's degree appears to track close to the state median, with estimated first-year earnings around $60,700 and debt near $24,100. That 0.40 debt ratio suggests manageable repayment—roughly five months of gross income to cover the full loan balance. However, the wide earnings range among RI economics programs is striking: Brown tops $72,000 while URI sits at $43,400, showing that school reputation and network matter significantly in this field.
The online format here creates a unique value calculation. You're paying private university tuition (hence the $24,100 debt estimate, above the state median of $23,375) for a degree that might not carry the networking advantages of on-campus programs. Economics attracts consulting firms, financial institutions, and policy organizations—employers who often recruit heavily from specific campuses. Whether an online JWU credential opens those same doors remains uncertain given the suppressed graduate data.
The practical reality: if similar programs deliver $60,700 in first-year earnings, the debt load won't strangle your household budget. But with Brown and Providence College graduates earning 15-20% more right out of the gate, you'd want clear reasons why this online path serves your child's career plans better than alternatives—perhaps work-schedule flexibility or specific cost savings that aren't apparent in these estimates alone.
Where Johnson & Wales University-Online Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Rhode Island
Economics bachelors's programs at peer institutions in Rhode Island (8 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $13,365 | $60,692* | — | $24,102* | — | |
| $68,230 | $72,064* | $94,824 | $13,000* | 0.18 | |
| $60,848 | $69,364* | $90,036 | $26,000* | 0.37 | |
| $51,169 | $52,020* | — | —* | — | |
| $16,408 | $43,444* | $65,993 | $23,375* | 0.54 | |
| 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 Johnson & Wales University-Online, 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.
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 4 similar programs in RI. Actual outcomes may vary.