Analysis
For an economics degree with estimated earnings of $46,583 and debt around $21,378, Northwest Missouri State lands right at Missouri's median—which means both the opportunity and the burden are fairly typical for the state. Similar programs in Missouri suggest first-year earnings that trail the national benchmark by about $5,000, though this gap isn't unexpected for a regional public university. The debt-to-earnings ratio of 0.46 indicates roughly five months of gross income needed to cover what graduates typically owe, a manageable starting point that leaves room for living expenses and savings.
The challenge becomes clearer when you look at the state's range: Washington University economics graduates earn 42% more in their first year, while Mizzou grads make about $6,000 more than the Northwest Missouri estimate suggests. Economics programs can vary significantly in their career preparation and recruiting pipelines, and while Northwest's 86% admission rate makes it accessible, that accessibility doesn't guarantee equivalent outcomes. The question isn't whether economics is a sound major—it generally is—but whether this particular program connects students to the internships, networks, and employers that turn a degree into competitive earnings.
If your student is considering Northwest Missouri for economics, insist on specifics: where do recent graduates actually work, what companies recruit on campus, and how do job placement rates compare to state peers? The estimated figures suggest an acceptable but unremarkable investment—one that requires your student to be proactive about building experience beyond coursework.
Where Northwest Missouri State University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Missouri
Economics bachelors's programs at peer institutions in Missouri (18 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $10,181 | $46,583* | — | $21,378* | — | |
| $62,982 | $66,325* | $80,729 | $14,110* | 0.21 | |
| $14,130 | $52,635* | $61,213 | $18,815* | 0.36 | |
| $13,440 | $46,583* | $64,281 | $22,962* | 0.49 | |
| $9,024 | $44,898* | $65,293 | $19,793* | 0.44 | |
| $9,739 | $41,076* | $59,303 | $25,056* | 0.61 | |
| National Median | — | $51,722* | — | $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 Northwest Missouri State University, approximately 27% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 5 similar programs in MO. Actual outcomes may vary.