Analysis
Is $21,650 in debt manageable for an economics degree? With first-year earnings around $51,700—based on what comparable economics programs nationally typically produce—the answer appears to be yes. That debt-to-earnings ratio of 0.42 falls well within the range financial aid experts consider sustainable, suggesting graduates could reasonably handle loan payments while building their careers.
Troy's open-access mission (93% admission rate, 42% Pell grant recipients) makes this estimate particularly relevant for families weighing affordability against outcomes. National data shows economics Bachelor's programs cluster tightly around these figures, with the median graduate earning $51,722 and carrying $22,816 in debt. Troy's estimated debt runs slightly below that national median, which matters when you're looking at a decade of loan repayments.
The limitation here is clarity: without program-specific data, you can't know whether Troy's economics graduates outperform or underperform their peers. Nine Alabama schools offer economics degrees, but none have published outcomes data for comparison. What you can gauge is that the field itself—across hundreds of programs—produces a reasonably stable return on investment. For families prioritizing access and affordability in a versatile major, these estimates suggest a workable path, though reaching out to Troy's career services about actual graduate outcomes would sharpen that picture considerably.
Where Troy University 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 |
|---|---|---|---|---|---|
| $9,792 | $51,722* | — | $21,650* | — | |
| $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 Troy University, approximately 42% 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.