Economics at Morehouse College

The small sample size here is crucial context, but the trajectory tells an intriguing story: Morehouse economics graduates start at $40,726—below both state and national averages—but by year four, they're earning $83,743, roughly double the national median for economics majors. That 106% earnings growth is remarkable, though we should be cautious about reading too much into numbers based on fewer than 30 graduates.

The $27,000 debt load is actually quite reasonable, especially given that 44% of Morehouse students receive Pell grants. With a debt-to-earnings ratio of 0.66 even in that low first year, graduates aren't facing crushing payments while they're establishing themselves. The real question is whether that four-year earnings jump reflects typical outcomes or just a few graduates landing exceptionally well. At the 40th percentile among Georgia economics programs initially, this isn't competing with Emory or Spelman on starting salaries, but the growth pattern suggests Morehouse graduates may be accessing networks or opportunities that pay off over time.

For families committed to an HBCU experience and willing to accept some uncertainty in the data, the combination of manageable debt and strong potential upside makes this worth considering. But given the small sample, talk to the career services office about where recent economics graduates actually end up—those conversations will tell you more than these numbers can.