Analysis
Lebanon Valley College's economics program generates earnings that lag behind most Pennsylvania schools—landing in just the 40th percentile statewide—while graduates carry about $27,000 in debt. That debt load sits well below both national and state averages, which helps, but the starting salary of $51,183 still trails the Pennsylvania median by over $2,000. When you're competing against powerhouses like Penn and Carnegie Mellon in the same state, that gap matters for students considering their in-state options.
The 25% earnings growth to $64,060 by year four shows solid progression, and the debt-to-earnings ratio of 0.53 means graduates should be able to manage their loans without major strain. However, it's worth noting this analysis comes from a small sample (under 30 graduates), so individual outcomes could vary significantly from these medians. The program essentially delivers middle-of-the-road results: not alarming, but not compelling either.
For families evaluating this program, the key question is opportunity cost. At 75% admission rate, Lebanon Valley is accessible, but economics students might find better returns at other Pennsylvania schools with similar selectivity. Unless there are strong fit reasons—scholarships, location, campus culture—this program's positioning in the bottom half of state performers suggests looking at alternatives before committing.
Where Lebanon Valley College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Lebanon Valley College 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 |
|---|---|---|---|
| Lebanon Valley College | $51,183 | $64,060 | +25% |
| University of Pennsylvania | $89,097 | $125,816 | +41% |
| Swarthmore College | $76,944 | $105,566 | +37% |
| Carnegie Mellon University | $86,284 | $94,093 | +9% |
| Lafayette College | $68,164 | $88,504 | +30% |
Compare to Similar Programs in Pennsylvania
Economics bachelors's programs at peer institutions in Pennsylvania (49 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $50,320 | $51,183 | $64,060 | $27,000 | 0.53 | |
| $66,104 | $89,097 | $125,816 | $14,000 | 0.16 | |
| $63,829 | $86,284 | $94,093 | $22,020 | 0.26 | |
| $62,412 | $76,944 | $105,566 | $19,500 | 0.25 | |
| $60,663 | $70,967 | $83,676 | $29,000 | 0.41 | |
| $64,772 | $70,946 | $79,134 | $25,888 | 0.36 | |
| 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 Lebanon Valley College, approximately 22% 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 19 graduates with reported earnings and 19 graduates with debt data. Small samples may not be representative.