Median Earnings (1yr)
$47,098
31st percentile
Median Debt
$25,500
12% above national median
Debt-to-Earnings
0.54
Manageable
Sample Size
20
Limited data

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 salary—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 medians—both better and worse.

Where Montana State University Stands

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

Montana State UniversityOther economics programs

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 Montana State University graduates compare to all programs nationally

Montana State University graduates earn $47k, placing them in the 31th 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 Montana

Economics bachelors's programs at peer institutions in Montana (2 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Montana State University$47,098$52,440$25,5000.54
National Median$51,722—$22,8160.44

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.