Est. Earnings (1yr)
$53,219
Est. from national median (81 programs)
Est. Median Debt
$24,000
Est. from national median (18 programs)

Analysis

Comparable Business/Managerial Economics programs nationally suggest first-year earnings around $53,200—a figure that falls substantially short of what Pennsylvania programs typically deliver. The state median for this credential sits at $82,000, meaning similar programs at schools like Villanova and Lehigh produce nearly 55% higher earnings. While we're working with estimates here (small graduating cohorts mean the actual outcomes for Mercyhurst aren't publicly available), the gap between national and state performance is wide enough to warrant serious consideration of why you'd choose a program likely tracking closer to the national average when stronger options exist in Pennsylvania.

The estimated $24,000 debt load appears manageable on paper—it's in line with what similar institutions charge and creates a debt-to-earnings ratio of 0.45. But that metric only looks reasonable if the earnings estimate holds, and Pennsylvania's competitive landscape suggests graduates might need that income buffer. Business economics degrees typically open doors in finance, consulting, and management, but the strength of those connections often depends heavily on an institution's regional reputation and alumni network.

Given the uncertainty around both figures and the substantial performance gap with peer Pennsylvania programs, you're essentially betting that Mercyhurst's specific outcomes will defy the pattern we see in the limited data. Unless there are compelling reasons—location, fit, or financial aid that dramatically reduces that debt estimate—programs with reported outcomes closer to the state median deserve a hard look first.

Where Mercyhurst University Stands

Earnings vs. debt across all business/managerial economics bachelors's programs nationally

Compare to Similar Programs in Pennsylvania

Business/Managerial Economics bachelors's programs at peer institutions in Pennsylvania (19 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Mercyhurst UniversityErie$44,510$53,219*—$24,000*—
Villanova UniversityVillanova$64,701$82,212*$122,309$27,000*0.33
Lehigh UniversityBethlehem$62,180$81,796*$101,741$23,240*0.28
National Median—$53,219*—$22,250*0.42
* Estimated from similar programs

Career Paths

Occupations commonly associated with business/managerial economics graduates

Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

$115,440/yrJobs growth:Master's degree

Environmental Economists

Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.

$115,440/yrJobs growth:Master's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Management Analysts

Conduct organizational studies and evaluations, design systems and procedures, conduct work simplification and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Includes program analysts and management consultants.

$101,190/yrJobs growth:Bachelor's degree

Economics Teachers, Postsecondary

Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Survey Researchers

Plan, develop, or conduct surveys. May analyze and interpret the meaning of survey data, determine survey objectives, or suggest or test question wording. Includes social scientists who primarily design questionnaires or supervise survey teams.

$63,380/yrJobs growth:Master's degree
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 Mercyhurst University, approximately 30% 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 81 similar programs. Actual outcomes may vary.