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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $11,852 | $44,292 | $55,622 | $27,125 | 0.61 | |
| $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 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.