Analysis
A debt-to-earnings ratio under 0.5 is typically manageable for a bachelor's degree graduate, and the estimated figures here—$51,722 in first-year earnings against $24,102 in debt—suggest this economics program should be financially viable. Since Tougaloo's small graduate cohorts mean the Department of Education can't publish actual outcomes, these estimates draw from national medians across hundreds of economics programs. With 62% of students receiving Pell grants, many families here are navigating college as a significant financial commitment, making that sub-0.5 ratio particularly reassuring.
The challenge is that Mississippi's job market for economics graduates may not match the national picture these estimates reflect. Economics degrees can lead to varied careers—banking, government analysis, nonprofit management—but opportunities in Mississippi tend to concentrate in urban centers like Jackson and along the Gulf Coast. The estimated $51,722 represents what economics graduates earn nationally; actual opportunities for Tougaloo graduates will depend heavily on whether they're willing to relocate or can secure positions within the state's more limited finance and policy sectors.
For families weighing this investment, the numbers suggest the degree shouldn't be financially crushing, but the lack of actual graduate data means you're operating without a clear view of where Tougaloo economics alumni land and what they typically earn. If your child is considering staying in Mississippi post-graduation, research what local employers recruit from Tougaloo and whether the college's career services actively place economics majors.
Where Tougaloo College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs Nationally
Economics bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $11,398 | $51,722* | — | $24,102* | — | |
| $59,076 | $103,993* | $124,570 | $6,617* | 0.06 | |
| $59,710 | $103,041* | — | $11,250* | 0.11 | |
| $65,805 | $98,649* | $153,139 | $13,437* | 0.14 | |
| $62,484 | $98,104* | $127,416 | $12,500* | 0.13 | |
| $65,739 | $94,675* | $118,120 | $18,400* | 0.19 | |
| 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 Tougaloo College, approximately 62% 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.