Analysis
UT Knoxville's economics program starts graduates well below where you'd expect, but the trajectory tells a more optimistic story. First-year earnings of $46,302 trail both the national median ($51,722) and Tennessee's median ($58,173) by substantial margins—this program ranks in just the 25th percentile among Tennessee economics programs. However, by year four, earnings jump 41% to reach $65,281, actually surpassing the national benchmark and closing much of the gap with state peers.
The debt picture looks reasonable at $21,650, creating a manageable 0.47 ratio to first-year earnings. What's puzzling is the initial earnings gap: comparable programs at Rhodes College and The University of the South start graduates around $58,000, suggesting UT Knoxville students may be entering different industries or job markets initially. The strong growth curve indicates these graduates catch up quickly, possibly as they move into more traditional economics career paths or complete graduate degrees.
For parents, this means budgeting for a slower financial start—your child likely won't match their peers' early salaries—but the four-year data suggests the degree holds its value over time. If your student needs immediate earning power after graduation to service debt or support themselves, programs with stronger first-year outcomes might warrant consideration. But if they have runway to build their career, the eventual earnings justify the investment.
Where The University of Tennessee-Knoxville Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How The University of Tennessee-Knoxville 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 |
|---|---|---|---|
| The University of Tennessee-Knoxville | $46,302 | $65,281 | +41% |
| Duke University | $98,649 | $153,139 | +55% |
| University of Chicago | $92,075 | $127,832 | +39% |
| Vanderbilt University | $84,311 | $104,258 | +24% |
| The University of the South | $58,532 | $65,318 | +12% |
Compare to Similar Programs in Tennessee
Economics bachelors's programs at peer institutions in Tennessee (16 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $13,484 | $46,302 | $65,281 | $21,650 | 0.47 | |
| $63,946 | $84,311 | $104,258 | $12,424 | 0.15 | |
| $53,698 | $58,532 | $65,318 | $24,798 | 0.42 | |
| $54,892 | $57,814 | — | $19,500 | 0.34 | |
| 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 Tennessee-Knoxville, approximately 21% 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 38 graduates with debt data. Small samples may not be representative.