Analysis
The debt burden here looks manageable—peer programs at similar Minnesota institutions suggest around $21,500, well below what economics graduates typically carry elsewhere in the state. With first-year earnings from comparable programs hitting roughly $56,570, that translates to a debt-to-earnings ratio of 0.38, meaning graduates could theoretically pay off their loans in less than five months of gross salary. That's a healthier financial position than many bachelor's programs deliver.
What's encouraging is that Minnesota economics programs generally produce solid outcomes, and Metropolitan State's open-access mission (96% admission rate, 44% Pell recipients) means you're getting into this field without the admissions lottery or the sticker shock of schools like Carleton or Macalester. Similar programs in the state cluster right around this $56,570 earnings mark—slightly above the national median of $51,722—suggesting Minnesota's economics job market rewards these degrees fairly consistently regardless of institutional prestige.
The caveat: these figures are projections based on peer institutions, not Metropolitan State's actual graduate outcomes. If you're weighing this against reported data from University of Minnesota-Twin Cities (which shows nearly identical first-year earnings), the known quantity might offer more confidence. But for a commuter-friendly, working-adult-focused economics degree, the estimated financials point toward reasonable value—especially if your child can keep actual debt below that $21,500 benchmark.
Where Metropolitan State University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Minnesota
Economics bachelors's programs at peer institutions in Minnesota (23 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $9,780 | $56,570* | — | $21,500* | — | |
| $65,457 | $66,567* | $83,775 | $19,500* | 0.29 | |
| $49,758 | $64,916* | — | $30,215* | 0.47 | |
| $52,284 | $60,323* | $68,704 | $24,600* | 0.41 | |
| $64,908 | $59,752* | $83,794 | $24,000* | 0.40 | |
| $16,488 | $56,902* | $76,116 | $21,500* | 0.38 | |
| 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 Metropolitan State University, approximately 44% 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 10 similar programs in MN. Actual outcomes may vary.