Analysis
Economics degrees in Montana typically produce first-year earnings around $47,000, making this program's estimated $51,700 figure—drawn from national peer programs—look relatively strong. With an estimated debt load of $21,650, graduates would face manageable monthly payments of roughly $240, about 6% of their gross income. That's a comfortable margin, even if actual outcomes vary from these national estimates.
The challenge is Montana's job market. With only two universities offering economics degrees in the state, and Montana State reporting $47,000 in actual earnings (about $4,600 less than the national benchmark used here), there's real uncertainty about whether University of Montana graduates will match the national median or trend closer to state norms. The difference matters: at $47,000, the debt ratio climbs from 0.42 to 0.46, still manageable but tighter.
The appeal here is straightforward—a reasonably priced economics credential from an accessible public university. But parents should recognize they're making decisions based on what happens at similar programs elsewhere, not on this school's actual track record. If your student is set on staying in Montana after graduation, treat the $47,000 state figure as the more realistic baseline for planning purposes.
Where The University of Montana Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Montana
Economics bachelors's programs at peer institutions in Montana (2 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $8,152 | $51,722* | — | $21,650* | — | |
| $8,083 | $47,098* | $52,440 | $25,500* | 0.54 | |
| 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 The University of Montana, approximately 28% 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 national median of 351 similar programs. Actual outcomes may vary.