Analysis
Radford's economics program lags behind both state and national benchmarks, with graduates earning about $10,000 less than typical Virginia economics majors and ranking in just the 25th percentile among the state's 28 programs. Four years out, the gap narrows only slightly—when Radford grads are earning $52,587, their peers at JMU are pulling in $62,286, and UVA economics graduates earn over $74,000. The debt load of $26,000 is reasonable and slightly above state norms, but the real issue is what you're earning relative to that debt.
The 16% earnings growth from year one to year four suggests some upward trajectory, and the debt-to-earnings ratio of 0.58 means graduates aren't drowning in payments. However, the small sample size here (under 30 graduates) makes these numbers less reliable than data from larger programs. With an admission rate above 90% and below-average SAT scores, Radford serves a different student population than Virginia's flagship economics programs, which may partly explain the earnings gap.
If your child is set on economics and considering Virginia schools, this program sits near the bottom of the state's options. The modest debt helps, but starting $10,000 behind the state median compounds over a career. Unless there are compelling reasons to choose Radford specifically—location, fit, or other opportunities—stronger economics programs exist elsewhere in Virginia at comparable public university price points.
Where Radford University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Radford University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Radford University | $45,189 | $52,587 | +16% |
| Washington and Lee University | $71,737 | $110,050 | +53% |
| University of Richmond | $61,027 | $102,501 | +68% |
| James Madison University | $62,286 | $86,390 | +39% |
| George Mason University | $53,024 | $80,423 | +52% |
Compare to Similar Programs in Virginia
Economics bachelors's programs at peer institutions in Virginia (28 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $12,286 | $45,189 | $52,587 | $26,000 | 0.58 | |
| $20,986 | $74,958 | $80,369 | $19,000 | 0.25 | |
| $64,525 | $71,737 | $110,050 | $23,399 | 0.33 | |
| $25,040 | $65,603 | $72,419 | $19,678 | 0.30 | |
| $13,576 | $62,286 | $86,390 | $18,575 | 0.30 | |
| $62,600 | $61,027 | $102,501 | $23,000 | 0.38 | |
| 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 Radford University, approximately 35% 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 28 graduates with reported earnings and 30 graduates with debt data. Small samples may not be representative.