Analysis
Lawrence's economics program sits in a competitive Wisconsin market where this degree's value varies significantly by institution. Based on comparable programs in the state, first-year earnings around $51,300 would place graduates at the state median—solid but unremarkable territory. However, the four-year earnings figure of $71,700 suggests meaningful income growth over time, which could differentiate this program if that trajectory holds.
The estimated debt load of $23,700 produces a manageable 0.46 debt-to-earnings ratio, meaning graduates would owe roughly half their first-year salary. This falls comfortably within conventional wisdom about sustainable student debt. What's worth noting is that several Wisconsin programs—UW-Oshkosh, Madison, and La Crosse—appear to deliver stronger first-year outcomes, with graduates earning $2,000-$6,000 more immediately after graduation. Given Lawrence's 63% admission rate and average SAT of 1349, parents might reasonably expect outcomes closer to UW-Madison's level.
The uncertainty here matters. Because these are estimated figures derived from peer programs rather than Lawrence's actual graduate outcomes, you're essentially betting that Lawrence's economics students perform at the Wisconsin average. If you're paying a premium for a private liberal arts education at Lawrence, confirm what their economics graduates actually achieve—both in immediate placement and in the graduate school admission rates that often drive long-term economics earnings.
Where Lawrence University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Lawrence University | — | $71,696 | — |
| University of Wisconsin-Madison | $54,495 | $69,594 | +28% |
| Marquette University | $46,400 | $68,340 | +47% |
| University of Wisconsin-Whitewater | $46,404 | $66,835 | +44% |
| Saint Norbert College | $53,350 | $66,245 | +24% |
Compare to Similar Programs in Wisconsin
Economics bachelors's programs at peer institutions in Wisconsin (21 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $55,461 | $51,344* | $71,696 | $23,718* | — | |
| $8,212 | $57,663* | — | $25,000* | 0.43 | |
| $11,205 | $54,495* | $69,594 | $20,750* | 0.38 | |
| $9,651 | $53,595* | $57,423 | $25,000* | 0.47 | |
| $44,432 | $53,350* | $66,245 | $27,000* | 0.51 | |
| $9,277 | $51,344* | $58,841 | $21,500* | 0.42 | |
| 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 Lawrence University, approximately 21% 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 9 similar programs in WI. Actual outcomes may vary.