Analysis
Based on comparable economics programs in Tennessee, Union's estimated first-year earnings of $58,173 suggest graduates land near the middle of the state pack—well ahead of UT-Knoxville but far behind Vanderbilt's $84,000. The estimated $19,500 debt load is modest, yielding a debt-to-earnings ratio of 0.34 that's manageable by any standard. What you're trading for that lower debt is access to the higher-earning tier: Vanderbilt grads make 45% more out of the gate, though they're also competing in a more selective environment.
The national context is favorable. Tennessee economics programs generally outperform the national median of $51,722, and Union's peer-based estimate aligns with the state's stronger showing. The relatively light debt burden matters more than it might appear—many private universities saddle economics majors with $30,000+ in loans, which significantly extends the payback timeline even with stronger starting salaries.
The challenge is uncertainty. These estimates draw from just a handful of Tennessee programs, and Union's actual outcomes could differ meaningfully depending on factors like career services strength and alumni networks in specific industries. The selectivity stats suggest Union attracts solid students, but without school-specific data, you're betting on their ability to replicate what peer institutions achieve. If your child has admission offers with reported outcomes, those provide firmer ground for comparison.
Where Union University Stands
Earnings vs. debt across all economics bachelors's programs nationally
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 |
|---|---|---|---|---|---|
| $38,450 | $58,173* | — | $19,500* | — | |
| $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 | |
| $13,484 | $46,302* | $65,281 | $21,650* | 0.47 | |
| 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 Union University, approximately 25% 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 4 similar programs in TN. Actual outcomes may vary.