Economics at Missouri State University-Springfield
Bachelor's Degree
Analysis
Missouri State's economics program lands right at the state median for debt but trails in earnings, sitting at the 40th percentile among Missouri programs and 23rd percentile nationally. First-year graduates earn about $45,000—roughly $7,000 less than the national benchmark for economics majors. For parents comparing in-state options, Washington University delivers $66,000 in early earnings (though at private school prices), while Mizzou offers a stronger return at $52,600 for likely similar in-state tuition costs.
The 45% earnings growth over four years is encouraging, pushing graduates to $65,000 by year four, and the debt load of just under $20,000 is manageable. That debt-to-earnings ratio of 0.44 means students borrow less than half their first year's salary—well within reasonable bounds. However, the small sample size here matters: with fewer than 30 graduates tracked, these numbers could swing significantly year to year.
If your student is committed to economics and values the Springfield location or campus fit, this won't saddle them with crushing debt. But if maximizing earning potential is the priority, Mizzou's economics program offers substantially better outcomes at similar in-state pricing. The path forward depends on whether that $7,000+ annual earnings gap matters enough to influence the campus choice.
Where Missouri State University-Springfield Stands
Earnings vs. debt across all economics bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Missouri State University-Springfield graduates compare to all programs nationally
Missouri State University-Springfield graduates earn $45k, placing them in the 23th percentile of all economics bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Missouri
Economics bachelors's programs at peer institutions in Missouri (18 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Missouri State University-Springfield | $44,898 | $65,293 | $19,793 | 0.44 |
| Washington University in St Louis | $66,325 | $80,729 | $14,110 | 0.21 |
| University of Missouri-Columbia | $52,635 | $61,213 | $18,815 | 0.36 |
| University of Missouri-St Louis | $46,583 | $64,281 | $22,962 | 0.49 |
| University of Central Missouri | $41,076 | $59,303 | $25,056 | 0.61 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Missouri
Compare tuition, earnings, and debt across Missouri schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Washington University in St Louis St. Louis | $62,982 | $66,325 | $14,110 |
| University of Missouri-Columbia Columbia | $14,130 | $52,635 | $18,815 |
| University of Missouri-St Louis Saint Louis | $13,440 | $46,583 | $22,962 |
| University of Central Missouri Warrensburg | $9,739 | $41,076 | $25,056 |
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 Missouri State University-Springfield, approximately 21% 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.
Sample Size: Based on 27 graduates with reported earnings and 32 graduates with debt data. Small samples may not be representative.