Analysis
Texas State's Business/Managerial Economics program starts graduates below the middle of the pack, with first-year earnings of $49,831 landing at the 40th percentile both nationally and among Texas schools. That's about $4,000 less than the typical Texas grad in this field and roughly $3,400 below national norms. However, the trajectory here matters more than the starting point: earnings jump to $65,481 by year four—a robust 31% increase that puts graduates solidly above what peers at UT Arlington or UNT achieve after the same time period.
The debt picture makes this growth story more compelling. At $23,125, graduates carry slightly more than the national median but notably more than the Texas median of $19,044. Still, the debt-to-earnings ratio of 0.46 is manageable, meaning graduates owe less than half their first-year salary. Combined with Texas State's 89% admission rate and accessibility to Pell-eligible students, this represents a realistic path into economics careers for students who might not access more selective programs.
For families focused on immediate post-graduation earnings, schools like Baylor or UNT deliver stronger starting positions. But if your student is willing to build momentum over those critical early career years, Texas State offers solid mid-term outcomes at a reasonable debt load—particularly for students looking at this as a stepping stone rather than a destination degree.
Where Texas State University Stands
Earnings vs. debt across all business/managerial economics bachelors's programs nationally
Earnings Distribution
How Texas State University 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 |
|---|---|---|---|
| Texas State University | $49,831 | $65,481 | +31% |
| Villanova University | $82,212 | $122,309 | +49% |
| University of North Texas | $54,058 | $82,643 | +53% |
| Baylor University | $60,575 | $78,948 | +30% |
| The University of Texas at San Antonio | $44,424 | $49,224 | +11% |
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 |
|---|---|---|---|---|---|
| $11,450 | $49,831 | $65,481 | $23,125 | 0.46 | |
| $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 | |
| $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 Texas State University, approximately 36% 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 36 graduates with reported earnings and 40 graduates with debt data. Small samples may not be representative.