Economics at Texas Tech University
Bachelor's Degree
Analysis
Texas Tech's Economics program lands squarely in the middle of the pack among Texas schools, but trails behind national peers—graduating with $44,292 in first-year earnings puts you in just the 22nd percentile nationally, though at the state's 40th percentile. The gap is tangible: you're starting $7,400 below the national median and nearly $15,000 behind UT Austin's economics grads. While debt levels are reasonable at $27,125 (better than both state and national averages), the modest starting salary means you're facing a higher financial burden relative to earning power than graduates from Texas's flagship programs.
The trajectory does improve over time—earnings grow 26% to reach $55,622 by year four—but this still leaves you behind where many comparable programs start. For context, Trinity and University of Dallas economics graduates both begin above where Texas Tech's reach after four years. If you're paying out-of-state tuition or taking on additional private loans, the math becomes even more challenging. In-state students with limited debt who value Texas Tech's community and campus culture might find this workable, but families should recognize they're trading some earning potential for accessibility and a more attainable admission process. The 71% acceptance rate and lower SAT averages reflect a different institutional tier than the state's top economics programs—and the salary outcomes confirm it.
Where Texas Tech University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Texas Tech University graduates compare to all programs nationally
Texas Tech University graduates earn $44k, placing them in the 22th percentile of all economics bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Texas
Economics bachelors's programs at peer institutions in Texas (26 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Texas Tech University | $44,292 | $55,622 | $27,125 | 0.61 |
| Rice University | $78,814 | $88,145 | $11,289 | 0.14 |
| Southern Methodist University | $71,630 | $74,491 | $19,500 | 0.27 |
| The University of Texas at Austin | $58,717 | $81,620 | $21,125 | 0.36 |
| Trinity University | $57,482 | $72,862 | $20,500 | 0.36 |
| University of Dallas | $55,732 | $57,745 | $24,752 | 0.44 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Texas
Compare tuition, earnings, and debt across Texas schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Rice University Houston | $58,128 | $78,814 | $11,289 |
| Southern Methodist University Dallas | $64,460 | $71,630 | $19,500 |
| The University of Texas at Austin Austin | $11,678 | $58,717 | $21,125 |
| Trinity University San Antonio | $51,352 | $57,482 | $20,500 |
| University of Dallas Irving | $50,880 | $55,732 | $24,752 |
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 Tech University, approximately 26% 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 97 graduates with reported earnings and 112 graduates with debt data. Small samples may not be representative.