Analysis
Based on peer programs in Tennessee, this bachelor's degree in economics suggests first-year earnings around $58,000—a figure that puts MTSU's program right at the state median and notably above the national benchmark of $52,000. While we can't see this specific program's actual outcomes (the graduate sample is too small for the Department of Education to publish), Tennessee's economics programs generally perform well, with the state median exceeding national norms. That said, the range is considerable: Vanderbilt economics grads earn $84,000 while UT-Knoxville grads start closer to $46,000, showing how much variation exists even within the same state and field.
The estimated $21,650 in debt falls just below typical borrowing for economics degrees nationally. With a debt-to-earnings ratio of 0.37, similar programs suggest graduates could potentially pay off their loans within six months of gross earnings—a manageable burden by most standards. Economics typically offers more financial flexibility than many liberal arts degrees, though much depends on whether graduates pursue roles in finance, data analysis, or other quantitative fields versus lower-paying positions.
The real challenge here is uncertainty. Without actual graduate outcomes for MTSU's specific program, you're making an educated guess based on how peer schools perform. If your student is comparing offers, prioritize schools with reported data wherever possible—those numbers tell you what actually happened to real graduates, not what similar programs suggest might happen.
Where Middle Tennessee State University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Tennessee
Economics bachelors's programs at peer institutions in Tennessee (16 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $9,506 | $58,173* | — | $21,650* | — | |
| $63,946 | $84,311* | $104,258 | $12,424* | 0.15 | |
| $53,698 | $58,532* | $65,318 | $24,798* | 0.42 | |
| $54,892 | $57,814* | — | $19,500* | 0.34 | |
| $13,484 | $46,302* | $65,281 | $21,650* | 0.47 | |
| 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 Middle Tennessee State University, approximately 31% 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 4 similar programs in TN. Actual outcomes may vary.