Analysis
Similar economics programs across Indiana suggest first-year earnings around $58,000—a solid start that positions graduates slightly above the national median for this degree. Saint Mary's College appears to track with the broader state average, though it's worth noting that Notre Dame and DePauw graduates earn considerably more. The $26,900 in estimated debt, based on comparable Catholic colleges in Indiana, creates a manageable debt-to-earnings ratio of 0.46, meaning graduates would owe roughly half of what they earn in their first year.
The challenge here is uncertainty. Because Saint Mary's has a small number of economics graduates, the Department of Education suppresses their actual outcomes data. The estimates we're using reflect what happens at peer programs—similar schools offering the same degree in Indiana—but they can't tell you specifically how Saint Mary's alumni fare in the job market. That gap matters when you're comparing a school with an 81% admission rate to nearby competitors like Notre Dame or Purdue, where reported outcomes show substantially higher earnings.
If your daughter is drawn to Saint Mary's for reasons beyond the economics degree—perhaps its size, community, or specific faculty—the estimated numbers suggest reasonable financial prospects. But if economics outcomes are the primary consideration, you'd want direct conversations with the department about internship pipelines and recent graduate placements before committing.
Where Saint Mary's College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Indiana
Economics bachelors's programs at peer institutions in Indiana (28 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $51,430 | $57,962* | — | $26,938* | — | |
| $62,693 | $76,299* | $100,568 | $19,965* | 0.26 | |
| $57,070 | $63,395* | $87,437 | $26,978* | 0.43 | |
| $9,992 | $59,187* | $65,456 | $24,700* | 0.42 | |
| $11,790 | $59,142* | $74,866 | $20,500* | 0.35 | |
| $10,758 | $56,782* | — | $22,054* | 0.39 | |
| 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 Saint Mary's College, approximately 24% 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 8 similar programs in IN. Actual outcomes may vary.