Median Earnings (1yr)
$35,041
5th percentile
Median Debt
$19,750
13% below national median
Debt-to-Earnings
0.56
Manageable
Sample Size
54
Adequate data

Analysis

UH Manoa's Economics program starts graduates at just $35,000—landing in the bottom 5% nationally for this major and $17,000 below the national median. However, that's actually the *highest* among Hawaii's three economics programs, placing it in the 60th percentile statewide. The real story here is trajectory: earnings jump to nearly $49,000 by year four, a 40% gain that suggests graduates either need time to break into better-paying positions or are climbing quickly once established in their careers.

The debt picture offers some relief. At under $20,000, it's below both state and national medians for economics programs, creating a manageable 0.56 debt-to-earnings ratio even with that weak first-year salary. Graduates can realistically handle loan payments while weathering those initial low-earning years.

The fundamental challenge is that economics typically opens doors to finance, consulting, and analytics roles with strong starting salaries—but Hawaii's limited corporate sector constrains those opportunities. Unless your child plans to leave the islands after graduation or has specific local connections, they'll likely face a choice: accept those below-market Hawaii wages or relocate to access the career opportunities this degree typically provides. If staying in Hawaii long-term is the priority, this program delivers acceptable in-state value; if maximizing earning potential matters more, consider mainland alternatives where economics degrees translate more directly into higher pay.

Where University of Hawaii at Manoa Stands

Earnings vs. debt across all economics bachelors's programs nationally

University of Hawaii at ManoaOther economics programs

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 Hawaii at Manoa graduates compare to all programs nationally

University of Hawaii at Manoa graduates earn $35k, placing them in the 5th 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 Hawaii

Economics bachelors's programs at peer institutions in Hawaii (3 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Hawaii at Manoa$35,041$48,941$19,7500.56
National Median$51,722—$22,8160.44

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 Hawaii at Manoa, 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.

Sample Size: Based on 54 graduates with reported earnings and 60 graduates with debt data. Small samples may not be representative.