Analysis
UH Manoa's Economics program starts graduates at just $35,000βlanding 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 salariesβbut 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
Earnings Distribution
How University of Hawaii at Manoa graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| University of Hawaii at Manoa | $35,041 | $48,941 | +40% |
| Duke University | $98,649 | $153,139 | +55% |
| University of Chicago | $92,075 | $127,832 | +39% |
| Amherst College | $90,568 | $127,636 | +41% |
| Stanford University | $98,104 | $127,416 | +30% |
Compare to Similar Programs Nationally
Economics bachelors's programs at top institutions nationally
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $12,186 | $35,041 | $48,941 | $19,750 | 0.56 | |
| $59,076 | $103,993 | $124,570 | $6,617 | 0.06 | |
| $59,710 | $103,041 | β | $11,250 | 0.11 | |
| $65,805 | $98,649 | $153,139 | $13,437 | 0.14 | |
| $62,484 | $98,104 | $127,416 | $12,500 | 0.13 | |
| $65,739 | $94,675 | $118,120 | $18,400 | 0.19 | |
| National Median | β | $51,722 | β | $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 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.