Analysis
Kentucky economics graduates start nearly $10,000 below the national median for their major, and while 34% earnings growth brings them to $55,856 by year four, they remain in the bottom quarter of economics programs statewide. Among Kentucky's dozen economics offerings, only a handful perform worse—Centre College and Western Kentucky both deliver stronger outcomes despite this program carrying higher debt loads than Centre's typical graduate.
The silver lining is genuine: debt management here is exceptional. At $26,942, borrowing sits in the 6th percentile nationally for economics programs, meaning 94% of comparable programs saddle students with more debt. The 0.65 debt-to-earnings ratio is completely manageable, particularly as salaries climb into the mid-$50,000s. With Kentucky's relatively low cost of living, these earnings stretch further than coastal equivalents.
The question for families is whether $41,713 starting salary justifies an economics degree when the field typically commands higher premiums. If your student is genuinely passionate about economics and plans to leverage UK's alumni network within Kentucky, the low debt makes this workable. But if graduate school or competitive out-of-state opportunities are on the horizon, understand that this program starts you behind peers from stronger economics programs—and catching up requires either exceptional individual performance or additional credentials.
Where University of Kentucky Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How University of Kentucky 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 Kentucky | $41,713 | $55,856 | +34% |
| Duke University | $98,649 | $153,139 | +55% |
| University of Chicago | $92,075 | $127,832 | +39% |
| Centre College | $51,077 | $67,177 | +32% |
| Western Kentucky University | $53,857 | $55,446 | +3% |
Compare to Similar Programs in Kentucky
Economics bachelors's programs at peer institutions in Kentucky (12 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $13,212 | $41,713 | $55,856 | $26,942 | 0.65 | |
| $11,436 | $53,857 | $55,446 | $19,500 | 0.36 | |
| $50,550 | $51,077 | $67,177 | $27,000 | 0.53 | |
| 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 Kentucky, approximately 22% 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 61 graduates with reported earnings and 65 graduates with debt data. Small samples may not be representative.