Analysis
St. Mary's College economics graduates start modestly but see solid progression, reaching $61,048 by year fourβa respectable 19% gain that suggests the program builds practical skills. The debt load of under $25,000 is genuinely manageable, translating to a comfortable 0.48 ratio against first-year earnings. Among Maryland's 16 economics programs, this lands at the 60th percentile, placing it squarely in the middle tier behind heavyweights like Johns Hopkins and UMD but ahead of several competitors.
The challenge here is straightforward: with fewer than 30 graduates in the dataset, these numbers could swing considerably with even a small class. A single graduate landing a lucrative consulting role or several entering lower-paying nonprofit work could dramatically shift the median. The program also sits at Maryland's median for earnings, meaning half of the state's economics programs deliver better outcomes.
For families prioritizing low debt over premium starting salaries, this worksβyou're avoiding the financial stress that comes with larger loans while still accessing decent mid-career growth. But if your student has the credentials for UMD-College Park (where graduates earn $58,650) or can compete for admission at schools with stronger placement records, the additional $7,600 in starting salary could compound significantly over a career. This is a safe choice, not a standout one.
Where St. Mary's College of Maryland Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How St. Mary's College of Maryland 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 |
|---|---|---|---|
| St. Mary's College of Maryland | $51,483 | $61,048 | +19% |
| Johns Hopkins University | $78,181 | $108,040 | +38% |
| University of Maryland-College Park | $58,650 | $72,814 | +24% |
| Washington College | $50,835 | $68,636 | +35% |
| University of Maryland-Baltimore County | $54,859 | $68,275 | +24% |
Compare to Similar Programs in Maryland
Economics bachelors's programs at peer institutions in Maryland (16 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $15,236 | $51,483 | $61,048 | $24,946 | 0.48 | |
| $63,340 | $78,181 | $108,040 | $12,494 | 0.16 | |
| $11,505 | $58,650 | $72,814 | $20,097 | 0.34 | |
| $12,952 | $54,859 | $68,275 | $21,920 | 0.40 | |
| $11,306 | $50,910 | $60,328 | $18,838 | 0.37 | |
| $54,356 | $50,835 | $68,636 | $27,000 | 0.53 | |
| 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 St. Mary's College of Maryland, approximately 20% 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 29 graduates with reported earnings and 35 graduates with debt data. Small samples may not be representative.