Economics at Oberlin College
Bachelor's Degree
Analysis
Oberlin's economics program produces graduates earning $61,713 in their first year—nearly $10,000 above Ohio's median for econ programs and $10,000 above the national median. That performance, combined with below-average debt of $25,000, creates a debt-to-earnings ratio of 0.41, meaning graduates typically owe less than half their first year's salary. Among Ohio's 42 economics programs, Oberlin holds its own against larger state universities, trailing only a handful of schools like John Carroll and Cincinnati.
The catch here is sample size—with fewer than 30 graduates in this dataset, these numbers could swing significantly year to year. That said, the fundamentals look sound: the 79th national percentile ranking suggests consistent strength, and modest 5% earnings growth to $64,495 by year four indicates stable career progression rather than a boom-and-bust pattern. For a selective liberal arts college (33% admission rate, 1440 average SAT), these outcomes align with the institution's academic profile.
For families who can manage Oberlin's full cost of attendance, this program delivers competitive economics training with manageable debt levels. The small cohort size means you're betting on the college's broader reputation and alumni network rather than program-specific scale, but the earnings data suggests that bet has been paying off for recent graduates.
Where Oberlin College Stands
Earnings vs. debt across all economics bachelors's programs nationally
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 Oberlin College graduates compare to all programs nationally
Oberlin College graduates earn $62k, placing them in the 79th 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 Ohio
Economics bachelors's programs at peer institutions in Ohio (42 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Oberlin College | $61,713 | $64,495 | $25,000 | 0.41 |
| John Carroll University | $65,098 | $67,845 | $27,000 | 0.41 |
| University of Cincinnati-Main Campus | $58,590 | $70,663 | $21,264 | 0.36 |
| Kenyon College | $58,082 | $75,347 | $18,718 | 0.32 |
| Miami University-Oxford | $57,379 | $80,452 | $25,500 | 0.44 |
| Kent State University at Kent | $56,731 | — | $25,000 | 0.44 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Ohio
Compare tuition, earnings, and debt across Ohio schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| John Carroll University University Heights | $49,100 | $65,098 | $27,000 |
| University of Cincinnati-Main Campus Cincinnati | $13,570 | $58,590 | $21,264 |
| Kenyon College Gambier | $69,330 | $58,082 | $18,718 |
| Miami University-Oxford Oxford | $17,809 | $57,379 | $25,500 |
| Kent State University at Kent Kent | $12,846 | $56,731 | $25,000 |
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 Oberlin College, approximately 9% 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 26 graduates with reported earnings and 29 graduates with debt data. Small samples may not be representative.