Analysis
Transylvania's economics program sits squarely in the middle of Kentucky's economics landscape, with peer programs in the state suggesting first-year earnings around $51,000—essentially matching both state and national medians for the field. The estimated $24,100 in debt is actually below both state and national benchmarks for economics degrees, producing a debt-to-earnings ratio of 0.47 that suggests manageable repayment. For context, Centre College graduates with similar economics programs earn about the same, while Western Kentucky outperforms and University of Kentucky underperforms despite its flagship status.
The caveat here is significant: both earnings and debt figures are estimates derived from comparable programs because Transylvania's graduate cohort was too small for the DOE to publish. This means we're working with educated guesses rather than demonstrated outcomes. The school's selectivity (1285 average SAT) and low Pell enrollment suggest it serves a relatively advantaged student body, which could mean actual outcomes differ from state averages.
If your child is choosing Transylvania specifically for its small-college experience rather than purely for economics outcomes, the estimated financial picture doesn't raise red flags. But if maximizing return on an economics degree is the priority, verify these estimates by contacting the department directly for placement data—and compare seriously against Kentucky's public universities, which may offer similar or better outcomes at lower cost.
Where Transylvania University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Kentucky
Economics bachelors's programs at peer institutions in Kentucky (12 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $44,980 | $51,077* | — | $24,102* | — | |
| $11,436 | $53,857* | $55,446 | $19,500* | 0.36 | |
| $50,550 | $51,077* | $67,177 | $27,000* | 0.53 | |
| $13,212 | $41,713* | $55,856 | $26,942* | 0.65 | |
| 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 Transylvania University, approximately 24% 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 median of 3 similar programs in KY. Actual outcomes may vary.