Economics at University of Iowa
Bachelor's Degree
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
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 Iowa graduates compare to all programs nationally
University of Iowa graduates earn $50k, placing them in the 44th 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 Iowa
Economics bachelors's programs at peer institutions in Iowa (17 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| University of Iowa | $50,223 | $66,230 | $22,407 | 0.45 |
| Iowa State University | $57,619 | $70,764 | $23,414 | 0.41 |
| University of Northern Iowa | $49,314 | $69,146 | $17,169 | 0.35 |
| Grinnell College | $46,791 | $67,691 | $16,950 | 0.36 |
| Coe College | $42,311 | — | $27,000 | 0.64 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Iowa
Compare tuition, earnings, and debt across Iowa schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Iowa State University Ames | $10,497 | $57,619 | $23,414 |
| University of Northern Iowa Cedar Falls | $9,728 | $49,314 | $17,169 |
| Grinnell College Grinnell | $64,862 | $46,791 | $16,950 |
| Coe College Cedar Rapids | $52,576 | $42,311 | $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 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.