Median Earnings (1yr)
$43,806
20th percentile
40th percentile in Washington
Est. Median Debt
$24,266
Est. from WA median (4 programs)

Analysis

Earning $43,806 in your first year after an economics degree falls short of what most peer programs deliver—this puts Pacific Lutheran at the 20th percentile nationally and below the Washington state median of $45,401. When the state's top economics programs like Whitworth ($63,134) and UW-Seattle ($53,934) produce substantially higher earnings, it's worth understanding why this gap exists and whether it reflects the program's outcomes or simply the kinds of careers PLU graduates initially pursue.

The estimated debt load of $24,266—based on comparable programs at Pacific Lutheran—translates to a debt-to-earnings ratio of 0.55, which is manageable but offers less cushion than you'd want given the modest starting salary. While economics degrees typically provide strong long-term earning potential, first-year outcomes matter for loan repayment and early financial stability. The question becomes whether PLU's economics program positions graduates for the career acceleration that makes this field valuable, or if students would be better served by programs with stronger initial placement.

Given the wide variation among Washington economics programs and the fact that we're working with estimated rather than actual debt figures for this school, families should look closely at PLU's career services, internship networks, and graduate placement data. An $8,000-$20,000 earnings gap compared to peer programs in the same state is significant enough to warrant direct questions about what distinguishes this program's outcomes.

Where Pacific Lutheran University Stands

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

Earnings Distribution

How Pacific Lutheran University graduates compare to all programs nationally

Compare to Similar Programs in Washington

Economics bachelors's programs at peer institutions in Washington (12 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median Debt*Debt/Earnings
Pacific Lutheran UniversityTacoma$50,964$43,806$24,266*
Whitworth UniversitySpokane$50,920$63,134*
University of Washington-Seattle CampusSeattle$12,643$53,934$74,130$14,166*0.26
Central Washington UniversityEllensburg$9,192$52,129$68,051$15,000*0.29
University of Puget SoundTacoma$59,900$48,153$61,261$26,031*0.54
Whitman CollegeWalla Walla$61,492$46,832$74,766$17,500*0.37
National Median$51,722$22,816*0.44
* Estimated from similar programs

Career Paths

Occupations commonly associated with economics graduates

Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

$115,440/yrJobs growth:Master's degree

Environmental Economists

Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.

$115,440/yrJobs growth:Master's degree

Data Scientists

Develop and implement a set of techniques or analytics applications to transform raw data into meaningful information using data-oriented programming languages and visualization software. Apply data mining, data modeling, natural language processing, and machine learning to extract and analyze information from large structured and unstructured datasets. Visualize, interpret, and report data findings. May create dynamic data reports.

$112,590/yrJobs growth:Bachelor's degree

Business Intelligence Analysts

Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources.

$112,590/yrJobs growth:Bachelor's degree

Clinical Data Managers

Apply knowledge of health care and database management to analyze clinical data, and to identify and report trends.

$112,590/yrJobs growth:Bachelor's degree

Statisticians

Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as biostatistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.

$104,350/yrJobs growth:Master's degree

Biostatisticians

Develop and apply biostatistical theory and methods to the study of life sciences.

$104,350/yrJobs growth:Master's degree

Economics Teachers, Postsecondary

Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Market Research Analysts and Marketing Specialists

Research conditions in local, regional, national, or online markets. Gather information to determine potential sales of a product or service, or plan a marketing or advertising campaign. May gather information on competitors, prices, sales, and methods of marketing and distribution. May employ search marketing tactics, analyze web metrics, and develop recommendations to increase search engine ranking and visibility to target markets.

$76,950/yrJobs growth:Bachelor's degree

Search Marketing Strategists

Employ search marketing tactics to increase visibility and engagement with content, products, or services in Internet-enabled devices or interfaces. Examine search query behaviors on general or specialty search engines or other Internet-based content. Analyze research, data, or technology to understand user intent and measure outcomes for ongoing optimization.

$76,950/yrJobs growth:Bachelor's degree

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

Survey Researchers

Plan, develop, or conduct surveys. May analyze and interpret the meaning of survey data, determine survey objectives, or suggest or test question wording. Includes social scientists who primarily design questionnaires or supervise survey teams.

$63,380/yrJobs growth:Master's degree
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 Pacific Lutheran University, approximately 33% 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 17 graduates with reported earnings and 15 graduates with debt data. Small samples may not be representative.