Analysis
Similar business economics programs in Texas suggest first-year earnings around $54,000—right at the state median—paired with an estimated $18,000 in debt. That debt-to-earnings ratio of 0.34 is actually favorable compared to the national median for this field, where graduates typically owe closer to $22,000. With Stephen F Austin's 37% Pell grant population, keeping debt lower than typical peer programs matters considerably for students from working-class families.
The challenge is uncertainty. These estimates come from just five comparable Texas programs because the actual graduate sample here was too small to report. That could signal either a newer program still building enrollment or simply a small cohort in a given year. Either way, you're making decisions with limited visibility into how *this specific program* performs. The national data shows wide variation—top programs hit $60,000 while others land in the mid-$40s—and you won't know where Stephen F Austin truly falls until more graduates enter the workforce.
For families considering this investment, the estimated numbers suggest manageable debt for a business degree. But with an 88% admission rate and mid-range SAT scores, much depends on what your child brings to the table: internship hustle, network building, and career planning matter as much as the credential itself. If they're targeting corporate finance or strategic roles, compare closely with programs that have proven track records.
Where Stephen F Austin State University Stands
Earnings vs. debt across all business/managerial economics bachelors's programs nationally
Compare to Similar Programs in Texas
Business/Managerial Economics bachelors's programs at peer institutions in Texas (22 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $10,600 | $53,984* | — | $18,246* | — | |
| $54,844 | $60,575* | $78,948 | $22,500* | 0.37 | |
| $11,164 | $54,058* | $82,643 | $14,125* | 0.26 | |
| $11,728 | $53,984* | — | $16,063* | 0.30 | |
| $11,450 | $49,831* | $65,481 | $23,125* | 0.46 | |
| $8,991 | $44,424* | $49,224 | $18,246* | 0.41 | |
| 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 Stephen F Austin State University, approximately 37% 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 5 similar programs in TX. Actual outcomes may vary.