Analysis
A debt-to-earnings ratio under 0.5 signals manageable financial risk, and this Economics program fits that profile. Drawing from national benchmarks, comparable bachelor's programs produce first-year earnings around $52,000 against roughly $24,000 in debtβnumbers that suggest graduates can realistically handle their loan payments while building careers in banking, consulting, or data analysis.
The challenge is context. Arkansas economics programs typically show lower starting salaries than the national average, with the state median around $41,000. Even top-performing schools like University of Central Arkansas and Hendrix College report earnings in the low $40,000 range for their economics graduates. Without actual outcome data from Lyon's specific program, it's difficult to know whether graduates land opportunities that match national patterns or fall closer to Arkansas norms. That $10,000 gap matters significantly when assessing return on investment.
For Lyon's program to deliver value matching these estimates, graduates would likely need to pursue opportunities beyond Arkansas's borders or target competitive sectors where economics degrees command premium pay. The fundamental economics of the degree look workable on paper, but your child should investigate where Lyon's recent graduates actually end up working and what those entry salaries look like before committing.
Where Lyon College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Arkansas
Economics bachelors's programs at peer institutions in Arkansas (9 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $31,000 | $51,722* | β | $24,102* | β | |
| $10,118 | $41,919* | β | $19,835* | 0.47 | |
| $36,650 | $40,445* | $59,455 | $27,000* | 0.67 | |
| 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 Lyon College, 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 national median of 351 similar programs. Actual outcomes may vary.