Median Earnings (1yr)
$44,292
22nd percentile
40th percentile in Texas
Median Debt
$27,125
19% above national median

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

Earnings Distribution

How Texas Tech University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Texas Tech University$44,292$55,622+26%
Rice University$78,814$88,145+12%
The University of Texas at Austin$58,717$81,620+39%
Southern Methodist University$71,630$74,491+4%
Trinity University$57,482$72,862+27%

Compare to Similar Programs in Texas

Economics bachelors's programs at peer institutions in Texas (26 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Texas Tech UniversityLubbock$11,852$44,292$55,622$27,1250.61
Rice UniversityHouston$58,128$78,814$88,145$11,2890.14
Southern Methodist UniversityDallas$64,460$71,630$74,491$19,5000.27
The University of Texas at AustinAustin$11,678$58,717$81,620$21,1250.36
Trinity UniversitySan Antonio$51,352$57,482$72,862$20,5000.36
University of DallasIrving$50,880$55,732$57,745$24,7520.44
National Median$51,722$22,8160.44

Career Paths

Occupations commonly associated with economics graduates

Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

$115,440/yrJobs growth:Master's degree

Environmental Economists

Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.

$115,440/yrJobs growth:Master's degree

Data Scientists

Develop and implement a set of techniques or analytics applications to transform raw data into meaningful information using data-oriented programming languages and visualization software. Apply data mining, data modeling, natural language processing, and machine learning to extract and analyze information from large structured and unstructured datasets. Visualize, interpret, and report data findings. May create dynamic data reports.

$112,590/yrJobs growth:Bachelor's degree

Business Intelligence Analysts

Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources.

$112,590/yrJobs growth:Bachelor's degree

Clinical Data Managers

Apply knowledge of health care and database management to analyze clinical data, and to identify and report trends.

$112,590/yrJobs growth:Bachelor's degree

Statisticians

Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as biostatistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.

$104,350/yrJobs growth:Master's degree

Biostatisticians

Develop and apply biostatistical theory and methods to the study of life sciences.

$104,350/yrJobs growth:Master's degree

Economics Teachers, Postsecondary

Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Market Research Analysts and Marketing Specialists

Research conditions in local, regional, national, or online markets. Gather information to determine potential sales of a product or service, or plan a marketing or advertising campaign. May gather information on competitors, prices, sales, and methods of marketing and distribution. May employ search marketing tactics, analyze web metrics, and develop recommendations to increase search engine ranking and visibility to target markets.

$76,950/yrJobs growth:Bachelor's degree

Search Marketing Strategists

Employ search marketing tactics to increase visibility and engagement with content, products, or services in Internet-enabled devices or interfaces. Examine search query behaviors on general or specialty search engines or other Internet-based content. Analyze research, data, or technology to understand user intent and measure outcomes for ongoing optimization.

$76,950/yrJobs growth:Bachelor's degree

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

Survey Researchers

Plan, develop, or conduct surveys. May analyze and interpret the meaning of survey data, determine survey objectives, or suggest or test question wording. Includes social scientists who primarily design questionnaires or supervise survey teams.

$63,380/yrJobs growth:Master's degree
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.