Analysis
Saint John's economics graduates start around $55,000 but see their earnings jump to $73,000 by year fourβa 33% gain that significantly outpaces typical career progression for this major. While first-year earnings trail the Minnesota median by about $2,000, that strong upward trajectory suggests the program equips students with skills that employers increasingly value. The debt load of $27,000 is modest and manageable, with a debt-to-earnings ratio under 0.50 that ranks in the top 5% nationally for debt burden.
The catch is that Saint John's sits in the 40th percentile among Minnesota economics programs, placing it squarely in the middle of a competitive state field. You're paying more upfront than the state median debt ($24,600) while starting below rivals like St. Thomas ($60,323) and the University of Minnesota ($56,902). However, that earnings growth rate mattersβby year four, Saint John's grads have nearly closed the gap with many competitors and are earning well above the national benchmark.
For families comfortable with Minnesota's liberal arts college environment and a slightly slower financial start, this program delivers solid long-term returns. The combination of low debt and strong earnings growth creates a favorable financial outlook, even if it takes graduates a few years to hit their stride compared to peers at the state's most selective schools.
Where Saint Johns University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Saint Johns 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 |
|---|---|---|---|
| Saint Johns University | $54,752 | $73,009 | +33% |
| Macalester College | $59,752 | $83,794 | +40% |
| Carleton College | $66,567 | $83,775 | +26% |
| University of Minnesota-Twin Cities | $56,902 | $76,116 | +34% |
| St Olaf College | $56,238 | $69,672 | +24% |
Compare to Similar Programs in Minnesota
Economics bachelors's programs at peer institutions in Minnesota (23 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $53,942 | $54,752 | $73,009 | $27,000 | 0.49 | |
| $65,457 | $66,567 | $83,775 | $19,500 | 0.29 | |
| $49,758 | $64,916 | β | $30,215 | 0.47 | |
| $52,284 | $60,323 | $68,704 | $24,600 | 0.41 | |
| $64,908 | $59,752 | $83,794 | $24,000 | 0.40 | |
| $16,488 | $56,902 | $76,116 | $21,500 | 0.38 | |
| 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 Saint Johns University, approximately 18% 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 51 graduates with reported earnings and 54 graduates with debt data. Small samples may not be representative.