Economics at Park University

Is economics at Park University worth borrowing over $24,000 when first-year earnings hover around the state median? Based on data from comparable economics programs in Missouri, graduates typically earn about $46,600 in their first year—roughly $5,000 below the national median for the major. The estimated debt load of $24,100 creates a debt-to-earnings ratio of 0.52, meaning graduates would owe about half their first-year salary. While this beats the typical student loan burden for many fields, it's worth noting that Missouri's economics programs show significant variation: Washington University grads earn $20,000 more annually than the state median Park appears to track.

The practical challenge is that economics degrees typically derive their value from either strong alumni networks or graduate school preparation, and at this price point with middling estimated returns, you're banking on your child creating those opportunities themselves. With 39% of Park students receiving Pell grants, the school serves many who need education to be a reliable income boost, not a credential requiring additional investment to pay off. Similar programs nationally carry slightly less debt ($22,800) while producing higher earnings ($51,700), suggesting Park's combination may be less competitive.

Given the uncertainty around these estimates and the competitive landscape in Missouri, visit Park to understand their economics department's track record with graduate school admissions and employer relationships—those factors will matter more than the statewide averages used here.