Analysis
University of Iowa economics graduates see one of the strongest earnings trajectories in the state, with salaries jumping 32% from $50,223 to $66,230 within just four years. While first-year earnings land slightly below the national median for economics programs, Iowa outperforms 60% of economics programs statewide—sitting comfortably between more expensive private schools and Iowa State's top-tier program. By year four, these graduates are earning well above what most economics majors achieve nationally in their early careers.
The debt picture is clean: at $22,407, it's essentially identical to both state and national medians, creating a debt-to-earnings ratio of 0.45 that's very manageable. Graduates typically carry less than half their first-year salary in debt, a threshold that allows for comfortable repayment while saving or investing. The robust sample size of 100+ graduates means these numbers are reliable, not statistical flukes.
For families weighing Iowa's relatively accessible admission (85% acceptance rate) against earning potential, this program delivers solid returns. The earnings growth pattern suggests Iowa's economics degree opens doors to progressively better opportunities—whether that's promotions, transitions to higher-paying roles, or geographic mobility. You're paying public university prices for middle-of-the-pack starting salaries that quickly accelerate into the upper tier.
Where University of Iowa Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How University of Iowa 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 Iowa | $50,223 | $66,230 | +32% |
| Duke University | $98,649 | $153,139 | +55% |
| Iowa State University | $57,619 | $70,764 | +23% |
| University of Northern Iowa | $49,314 | $69,146 | +40% |
| Grinnell College | $46,791 | $67,691 | +45% |
Compare to Similar Programs in Iowa
Economics bachelors's programs at peer institutions in Iowa (17 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $10,964 | $50,223 | $66,230 | $22,407 | 0.45 | |
| $10,497 | $57,619 | $70,764 | $23,414 | 0.41 | |
| $9,728 | $49,314 | $69,146 | $17,169 | 0.35 | |
| $64,862 | $46,791 | $67,691 | $16,950 | 0.36 | |
| $52,576 | $42,311 | — | $27,000 | 0.64 | |
| National Median | — | $51,722 | — | $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 Iowa, approximately 18% 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 126 graduates with reported earnings and 128 graduates with debt data. Small samples may not be representative.