Analysis
In California, Business/Managerial Economics programs show considerable variation—from UCLA's $83,604 starting salaries down to the mid-$50,000s where UCSB's estimated outcomes land. Based on similar programs in the state, UCSB graduates appear to earn around $54,064 in their first year, placing them squarely in the middle of the pack despite UCSB's competitive 28% admission rate and strong academic reputation. That's essentially identical to the state median and just below the national 75th percentile of $60,236.
The estimated debt load of $16,916 tells a more encouraging story. Peer programs at comparable California schools typically leave students with less debt than the state median ($18,000) and considerably less than the national median ($22,250). This produces a manageable debt-to-earnings ratio of 0.31—meaning the typical graduate could pay off their loans with about four months of gross income. For a UC education, that's a reasonable financial ask.
The key uncertainty here is whether UCSB graduates actually command the premium you'd expect from a selective UC campus, or whether they cluster around these middle-tier state estimates. Without program-specific data, you're betting that UCSB's academic rigor and network translate into earnings growth that the first-year numbers don't capture. The low debt provides cushion for that bet, but if immediate earning power matters most, programs like UCLA show what's possible at the higher end.
Where University of California-Santa Barbara Stands
Earnings vs. debt across all business/managerial economics bachelors's programs nationally
Compare to Similar Programs in California
Business/Managerial Economics bachelors's programs at peer institutions in California (18 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $14,965 | $54,064* | — | $16,916* | — | |
| $13,747 | $83,604* | $92,873 | $17,332* | 0.21 | |
| $13,160 | $66,360* | $70,643 | $36,551* | 0.55 | |
| $15,247 | $54,546* | $78,081 | $13,000* | 0.24 | |
| $51,790 | $54,457* | $78,938 | $25,000* | 0.46 | |
| $62,784 | $54,064* | $75,777 | $22,977* | 0.42 | |
| National Median | — | $53,219* | — | $22,250* | 0.42 |
Career Paths
Occupations commonly associated with business/managerial economics graduates
Economists
Environmental Economists
Financial Risk Specialists
Management Analysts
Economics Teachers, Postsecondary
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 University of California-Santa Barbara, approximately 28% 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 9 similar programs in CA. Actual outcomes may vary.