Median Earnings (1yr)
$47,098
31st percentile
Median Debt
$25,500
12% above national median

Analysis

Montana State's economics program delivers moderate results that look better within the state than nationally, though the limited data (fewer than 30 graduates) requires some caution in interpretation. At $47,098 starting out, graduates earn about $4,600 less than the national economics median, placing the program in just the 31st percentile nationally. However, within Montana's limited economics landscape (only two schools offer the degree), this represents the median outcome. Graduates see steady 11% earnings growth to $52,440 by year four, suggesting the degree builds value over time.

The debt picture provides the clearest advantage: at $25,500, borrowers owe less than the national median and face a manageable 0.54 debt-to-earnings ratio. That's roughly half a year's salaryβ€”a level where monthly payments shouldn't strain typical budgets. The relatively modest debt partially compensates for earnings that trail national peers.

For Montana families, particularly those planning to stay in-state where economics job markets may differ from coastal hubs, this represents a reasonable path forward. The degree provides steady earnings growth and manageable debt, even if it won't match outcomes at top-tier programs. Just remember that with such a small graduating class, any individual student's experience could vary significantly from these mediansβ€”both better and worse.

Where Montana State University Stands

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

Earnings Distribution

How Montana State University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Montana State University$47,098$52,440+11%
Duke University$98,649$153,139+55%
University of Chicago$92,075$127,832+39%
Amherst College$90,568$127,636+41%
Stanford University$98,104$127,416+30%

Compare to Similar Programs Nationally

Economics bachelors's programs at top institutions nationally

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Montana State UniversityBozeman$8,083$47,098$52,440$25,5000.54
Harvard UniversityCambridge$59,076$103,993$124,570$6,6170.06
Princeton UniversityPrinceton$59,710$103,041β€”$11,2500.11
Duke UniversityDurham$65,805$98,649$153,139$13,4370.14
Stanford UniversityStanford$62,484$98,104$127,416$12,5000.13
Dartmouth CollegeHanover$65,739$94,675$118,120$18,4000.19
National Medianβ€”$51,722β€”$22,8160.44

Career Paths

Occupations commonly associated with 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

Data Scientists

Develop and implement a set of techniques or analytics applications to transform raw data into meaningful information using data-oriented programming languages and visualization software. Apply data mining, data modeling, natural language processing, and machine learning to extract and analyze information from large structured and unstructured datasets. Visualize, interpret, and report data findings. May create dynamic data reports.

$112,590/yrJobs growth:Bachelor's degree

Business Intelligence Analysts

Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources.

$112,590/yrJobs growth:Bachelor's degree

Clinical Data Managers

Apply knowledge of health care and database management to analyze clinical data, and to identify and report trends.

$112,590/yrJobs growth:Bachelor's degree

Statisticians

Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as biostatistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.

$104,350/yrJobs growth:Master's degree

Biostatisticians

Develop and apply biostatistical theory and methods to the study of life sciences.

$104,350/yrJobs growth:Master'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:

Market Research Analysts and Marketing Specialists

Research conditions in local, regional, national, or online markets. Gather information to determine potential sales of a product or service, or plan a marketing or advertising campaign. May gather information on competitors, prices, sales, and methods of marketing and distribution. May employ search marketing tactics, analyze web metrics, and develop recommendations to increase search engine ranking and visibility to target markets.

$76,950/yrJobs growth:Bachelor's degree

Search Marketing Strategists

Employ search marketing tactics to increase visibility and engagement with content, products, or services in Internet-enabled devices or interfaces. Examine search query behaviors on general or specialty search engines or other Internet-based content. Analyze research, data, or technology to understand user intent and measure outcomes for ongoing optimization.

$76,950/yrJobs growth:Bachelor's degree

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

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 Montana State University, approximately 17% 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 20 graduates with reported earnings and 20 graduates with debt data. Small samples may not be representative.