Analysis
Based on comparable Texas economics programs, graduates here would enter the workforce earning around $51,000—right at the state median but trailing the top programs by $20,000 to $27,000. That gap matters when you consider that the estimated $19,500 in debt is actually below both state and national medians for this degree. A debt-to-earnings ratio of 0.38 suggests manageable repayment, typically requiring less than a year's worth of monthly payments.
The challenge is context. With a 95% admission rate and test scores well below the selective universities dominating Texas economics outcomes, this program serves a different student population. Similar programs suggest the salary ceiling may be lower than at Rice or UT Austin, where networks and recruiting pipelines differ substantially. Yet for students who wouldn't gain admission to those institutions, $51,000 represents solid entry-level earnings in fields like banking, consulting, or corporate analysis—especially with relatively modest debt.
The real question is career trajectory beyond year one. Economics degrees typically offer strong mid-career growth, but without this school's actual outcomes data, you're relying on faith that their specific curriculum and career services can match the broader state performance. If your child is choosing between this and a more selective economics program where they've been admitted, the $20,000+ earnings difference warrants serious consideration. If this represents their best option for studying economics, the debt level makes it a reasonable bet.
Where Texas Lutheran University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Texas
Economics bachelors's programs at peer institutions in Texas (26 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $34,920 | $51,068* | — | $19,500* | — | |
| $58,128 | $78,814* | $88,145 | $11,289* | 0.14 | |
| $64,460 | $71,630* | $74,491 | $19,500* | 0.27 | |
| $11,678 | $58,717* | $81,620 | $21,125* | 0.36 | |
| $51,352 | $57,482* | $72,862 | $20,500* | 0.36 | |
| $50,880 | $55,732* | $57,745 | $24,752* | 0.44 | |
| 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 Texas Lutheran University, approximately 38% 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 14 similar programs in TX. Actual outcomes may vary.