Analysis
Is economics the right major when your child wants the flexibility of liberal arts? Based on comparable programs nationwide, University of Mary economics graduates likely earn around $52,000 in their first year—solidly middle-of-the-road for the major. That's neither spectacular nor disappointing, but it's important to know these figures come from similar programs nationally, not Mary's specific track record.
The estimated $24,000 in debt creates a manageable starting point, with debt at less than half of first-year earnings. Nationally, economics degrees typically open doors to banking, consulting, and policy work, though starting salaries vary widely depending on location and industry. North Dakota's economy—energy, agriculture, and regional finance—may offer different opportunities than coastal job markets, which could work in graduates' favor or limit certain career paths.
The challenge here is uncertainty. With only three schools offering economics in North Dakota and no reported outcomes data from any of them, you're making this decision with less visibility than you'd have for more established programs. If your child is set on economics and wants to stay in-state, ask the university directly about recent graduate placements and typical first-job titles. The estimated numbers suggest reasonable value, but you'll want concrete evidence of where Mary's economics graduates actually land.
Where University of Mary Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs Nationally
Economics bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $21,468 | $51,722* | — | $24,102* | — | |
| $59,076 | $103,993* | $124,570 | $6,617* | 0.06 | |
| $59,710 | $103,041* | — | $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 | — | $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 Mary, 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 351 similar programs. Actual outcomes may vary.