Analysis
Is an estimated $24,000 in debt worth it for a business economics degree when similar California programs typically produce $54,000 first-year earnings? The 0.44 debt-to-earnings ratio suggests manageable repayment—roughly equivalent to a modest car loan relative to your starting salary. However, these figures come from peer programs across California, not Santa Clara's actual graduates, so there's meaningful uncertainty here.
What makes this estimate particularly tricky is the wide range among California's business economics programs. UCLA graduates earn $84,000 in their first year, while the state median sits at $54,000. Santa Clara's selectivity (44% admission rate, 1417 average SAT) and Silicon Valley location could push outcomes higher than the state average, but without actual data, you're making an educated guess about where this program lands in that spectrum. The $24,000 debt figure—estimated from similar private universities nationally—also lacks the specificity you'd want when making a six-figure investment decision.
Given the data gaps, focus on what you can verify: Santa Clara's proximity to tech employers who value business economics skills, the school's alumni network strength in the Bay Area, and whether your child could graduate with less than $24,000 in debt through merit aid or family contributions. The fundamentals of a business economics degree from a selective school in Silicon Valley should be solid, but you're operating without the actual proof.
Where Santa Clara University Stands
Earnings vs. debt across all business/managerial economics bachelors's programs nationally
Compare to Similar Programs in California
Business/Managerial Economics bachelors's programs at peer institutions in California (18 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $59,241 | $54,064* | — | $24,000* | — | |
| $13,747 | $83,604* | $92,873 | $17,332* | 0.21 | |
| $13,160 | $66,360* | $70,643 | $36,551* | 0.55 | |
| $15,247 | $54,546* | $78,081 | $13,000* | 0.24 | |
| $51,790 | $54,457* | $78,938 | $25,000* | 0.46 | |
| $62,784 | $54,064* | $75,777 | $22,977* | 0.42 | |
| National Median | — | $53,219* | — | $22,250* | 0.42 |
Career Paths
Occupations commonly associated with business/managerial economics graduates
Economists
Environmental Economists
Financial Risk Specialists
Management Analysts
Economics Teachers, Postsecondary
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 Santa Clara University, approximately 11% 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 9 similar programs in CA. Actual outcomes may vary.