Economics at University of Georgia
Bachelor's Degree
Analysis
UGA economics graduates start earning slightly below the national median at $49,725, but their trajectory tells a more compelling story: earnings jump 38% to $68,386 by year four, outpacing most economics programs. Among Georgia's 16 economics programs, UGA ranks at the 60th percentile—sitting comfortably above the state median of $45,226, though still trailing Emory and Spelman's premium outcomes. For a flagship state university at 37% admission selectivity, these numbers make sense.
The debt picture is particularly attractive. At $16,924, graduates carry roughly $9,000 less than Georgia's typical economics major and nearly $6,000 below the national median. This creates a debt-to-earnings ratio of just 0.34—meaning most graduates could theoretically pay off their loans in under six months of earnings. For families weighing the cost of a UGA education, that low debt burden provides significant financial flexibility early in graduates' careers.
The main tradeoff here is between UGA's solid but not spectacular starting salaries and its combination of low debt plus strong earnings growth. If your child needs immediate high earnings, Emory delivers $20,000 more out of the gate. But for families prioritizing value—reasonable debt, strong brand recognition, and graduates who build earning power over time—UGA economics represents a sound middle-ground choice among Georgia options.
Where University of Georgia 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 Georgia graduates compare to all programs nationally
University of Georgia graduates earn $50k, placing them in the 42th percentile of all economics bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Georgia
Economics bachelors's programs at peer institutions in Georgia (16 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| University of Georgia | $49,725 | $68,386 | $16,924 | 0.34 |
| Emory University | $71,340 | $86,679 | $21,000 | 0.29 |
| Spelman College | $59,907 | $67,871 | $27,000 | 0.45 |
| Morehouse College | $40,726 | $83,743 | $27,000 | 0.66 |
| Georgia State University | $40,598 | $62,063 | $28,500 | 0.70 |
| University of West Georgia | $39,899 | $45,971 | $25,250 | 0.63 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Georgia
Compare tuition, earnings, and debt across Georgia schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Emory University Atlanta | $60,774 | $71,340 | $21,000 |
| Spelman College Atlanta | $30,058 | $59,907 | $27,000 |
| Morehouse College Atlanta | $31,725 | $40,726 | $27,000 |
| Georgia State University Atlanta | $8,478 | $40,598 | $28,500 |
| University of West Georgia Carrollton | $5,971 | $39,899 | $25,250 |
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 Georgia, approximately 17% 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 43 graduates with reported earnings and 45 graduates with debt data. Small samples may not be representative.