Analysis
Looking at Economics programs nationally, peer institutions typically produce first-year earnings around $52,000 with median debt near $23,000. Shepherd's estimated figures align closely with these national patterns—a debt-to-earnings ratio of 0.42 suggests manageable repayment relative to initial income. For context, West Virginia hosts eight Economics bachelor's programs, though most have similarly small graduating cohorts that make outcome tracking difficult.
What complicates the picture here is the significant data gap. When neither earnings nor debt figures are directly reported for a program, parents are essentially evaluating a known investment (four years of college costs and foregone income) against uncertain returns. The national estimates provide a starting point, but they can't tell you whether Shepherd's specific curriculum, regional employer connections, or career advising deliver better or worse outcomes than the typical Economics degree.
The practical question becomes whether you're comfortable with that uncertainty. If your child has strong ties to the mid-Atlantic region or specific career goals where a Shepherd degree opens doors, the estimated financial picture doesn't look worrisome. But if they're choosing between Shepherd and programs with actual reported outcomes—particularly at larger state universities with established economics departments—those programs offer less guesswork about what graduates actually earn and owe.
Where Shepherd University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs Nationally
Economics bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $8,642 | $51,722* | — | $21,650* | — | |
| $59,076 | $103,993* | $124,570 | $6,617* | 0.06 | |
| $59,710 | $103,041* | — | $11,250* | 0.11 | |
| $65,805 | $98,649* | $153,139 | $13,437* | 0.14 | |
| $62,484 | $98,104* | $127,416 | $12,500* | 0.13 | |
| $65,739 | $94,675* | $118,120 | $18,400* | 0.19 | |
| 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 Shepherd University, approximately 27% 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 national median of 351 similar programs. Actual outcomes may vary.