Analysis
Based on comparable economics programs in Iowa, Loras graduates can expect first-year earnings around $49,000—right at the state median and just shy of the national benchmark of $52,000. The estimated debt load of $24,000 translates to a manageable debt-to-earnings ratio of 0.49, meaning graduates would owe roughly half their first-year salary. While these figures aren't specific to Loras due to small cohort sizes, they align with what similar Iowa programs produce, suggesting a reasonably standard outcome for the state.
The challenge is that this estimated earning power falls well below what Iowa State delivers ($58,000) and matches programs like Northern Iowa and Coe College. For a private college where tuition runs significantly higher than public alternatives, you'd hope to see Loras economics grads either earning more or owing less. The 92% admission rate and modest Pell enrollment suggest this isn't a highly selective program drawing top academic talent, which may explain why outcomes track closer to state averages than elite benchmarks.
The financial picture isn't alarming—that debt level is manageable on a $49,000 salary—but it's worth comparing the total cost of attendance at Loras versus Iowa's public universities. If your child is paying significantly more to attend here, those extra tuition dollars aren't translating into measurably better career outcomes based on what peer programs show. The small class sizes that lead to data suppression might offer educational benefits, but financially, this looks like a middle-of-the-road investment.
Where Loras College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Iowa
Economics bachelors's programs at peer institutions in Iowa (17 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $38,298 | $49,314* | — | $24,102* | — | |
| $10,497 | $57,619* | $70,764 | $23,414* | 0.41 | |
| $10,964 | $50,223* | $66,230 | $22,407* | 0.45 | |
| $9,728 | $49,314* | $69,146 | $17,169* | 0.35 | |
| $64,862 | $46,791* | $67,691 | $16,950* | 0.36 | |
| $52,576 | $42,311* | — | $27,000* | 0.64 | |
| 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 Loras College, approximately 25% 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 5 similar programs in IA. Actual outcomes may vary.