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 salaryβa 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 mediansβboth 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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $8,083 | $47,098 | $52,440 | $25,500 | 0.54 | |
| $59,076 | $103,993 | $124,570 | $6,617 | 0.06 | |
| $59,710 | $103,041 | β | $11,250 | 0.11 | |
| $65,805 | $98,649 | $153,139 | $13,437 | 0.14 | |
| $62,484 | $98,104 | $127,416 | $12,500 | 0.13 | |
| $65,739 | $94,675 | $118,120 | $18,400 | 0.19 | |
| National Median | β | $51,722 | β | $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 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.