Economics at University of Central Arkansas
Bachelor's Degree
Analysis
UCA's economics program produces first-year earnings of $41,919—well below the $51,722 national median for economics majors, but actually slightly above Arkansas's state median of $41,182. For context, this places graduates around the 60th percentile among Arkansas economics programs, essentially tied with Hendrix College's outcomes. The modest debt load of $19,835 helps offset the below-average earnings, creating a debt-to-earnings ratio of 0.47 that's manageable by most standards.
The real question is opportunity cost. Economics majors typically command strong salaries nationally, but this program's graduates earn nearly $10,000 less than the national median in their first year. Whether that gap reflects Arkansas's lower cost of living or represents genuinely weaker outcomes is hard to say with certainty—the sample size here is quite small (under 30 graduates), which means these numbers could shift significantly year to year.
For Arkansas families keeping their student in-state, this program holds its own against local alternatives without saddling graduates with excessive debt. But students with strong credentials who could access higher-ranked economics programs elsewhere should carefully weigh whether staying close to home is worth potentially leaving significant earnings on the table. The low debt is a real advantage, though it only matters if the degree opens doors to career advancement over time.
Where University of Central Arkansas Stands
Earnings vs. debt across all economics bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How University of Central Arkansas graduates compare to all programs nationally
University of Central Arkansas graduates earn $42k, placing them in the 15th percentile of all economics bachelors programs nationally.
Compare to Similar Programs in Arkansas
Economics bachelors's programs at peer institutions in Arkansas (9 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| University of Central Arkansas | $41,919 | — | $19,835 | 0.47 |
| Hendrix College | $40,445 | $59,455 | $27,000 | 0.67 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Arkansas
Compare tuition, earnings, and debt across Arkansas schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Hendrix College Conway | $36,650 | $40,445 | $27,000 |
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 Central Arkansas, approximately 37% 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.
Sample Size: Based on 18 graduates with reported earnings and 22 graduates with debt data. Small samples may not be representative.