Analysis
Presbyterian College's economics program operates in the shadow of larger state institutions, and the estimated figures suggest why that matters. With first-year earnings around $48,000βmatching the state median but trailing the national benchmark by about $3,600βthis program appears to produce outcomes in line with what you'd expect from a mid-sized private college in South Carolina, not the standout results that might justify choosing it over public alternatives.
The estimated debt of $24,100 creates a manageable but not impressive debt-to-earnings ratio of 0.50. That's roughly half a year's salary, which most financial advisors consider reasonable territory. However, when Furman graduates are estimated to earn $7,500 more in their first year with similar debt loads, the value proposition becomes less clear. Presbyterian's 72% admission rate and moderate selectivity suggest it's accessible, but economics graduates need career momentum to justify private college costs.
The core issue is opportunity cost. If these estimates hold true, your child would start their career on par with public university graduates but likely with higher total costs of attendance than USC or Clemson. Unless Presbyterian offers specific connections, mentorship, or graduate school placement advantages in economics that aren't reflected in these numbers, this program looks like a middle-of-the-road option in a state where comparable earnings come cheaper elsewhere.
Where Presbyterian College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in South Carolina
Economics bachelors's programs at peer institutions in South Carolina (13 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $43,300 | $48,149* | β | $24,102* | β | |
| $58,312 | $55,615* | β | $24,125* | 0.43 | |
| $12,688 | $48,149* | $57,679 | $24,062* | 0.50 | |
| $15,554 | $45,075* | $55,077 | $22,250* | 0.49 | |
| National Median | β | $51,722* | β | $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 Presbyterian College, approximately 28% 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 3 similar programs in SC. Actual outcomes may vary.