Economics at San Francisco State University

San Francisco State's economics program starts slow but proves its value through remarkable income growth. First-year earnings of $46,310 lag behind both the California median ($51,212) and national average ($51,722), but by year four, graduates reach $75,235—a 63% jump that puts them within striking distance of programs at Santa Clara and Pomona. That trajectory matters more than the initial gap, especially when you consider the debt load.

At $13,750 in median debt—roughly $9,000 below the California median—this program delivers one of the best debt-to-earnings ratios you'll find anywhere. The 0.30 ratio means graduates owe less than four months of their first-year salary, making this an extremely manageable financial start even during those lower-earning initial years. For context, this debt level ranks in the 95th percentile nationally (meaning only 5% of economics programs saddle students with less debt).

The value proposition here is clear: accept modest starting pay in exchange for exceptional income growth and minimal debt burden. With 41% of students receiving Pell grants, San Francisco State serves students who need affordable pathways to strong careers, and this program delivers exactly that. If your child can navigate the first year or two financially—perhaps through internships or part-time work—the four-year outcomes compete with programs that carry three times the debt.