Analysis
University of Maryland-College Park's economics program delivers strong financial returns that outperform most national competitors. With median earnings of $58,650 in the first year after graduation—ranking in the 74th percentile nationally—graduates earn significantly more than the typical economics major nationwide ($51,722). The debt burden of $20,097 is manageable, creating a favorable debt-to-earnings ratio of 0.34 that suggests graduates can reasonably handle their loan payments.
Within Maryland, the program holds its own despite facing elite competition. While it trails Johns Hopkins significantly, UMD-College Park still ranks in the 60th percentile among Maryland economics programs and substantially outearns the state median of $51,483. The 24% earnings growth from year one to year four demonstrates solid career trajectory, with graduates reaching $72,814 by their fourth year out.
For parents weighing cost versus outcomes, this program represents solid value. The combination of below-average debt and above-average earnings creates a financial foundation that should allow graduates to pursue various career paths without being constrained by loan payments. Given UMD's strong reputation and this program's demonstrated earning power, it's a financially sound choice for students interested in economics.
Where University of Maryland-College Park Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How University of Maryland-College Park 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 Maryland-College Park | $58,650 | $72,814 | +24% |
| Johns Hopkins University | $78,181 | $108,040 | +38% |
| Washington College | $50,835 | $68,636 | +35% |
| University of Maryland-Baltimore County | $54,859 | $68,275 | +24% |
| St. Mary's College of Maryland | $51,483 | $61,048 | +19% |
Compare to Similar Programs in Maryland
Economics bachelors's programs at peer institutions in Maryland (16 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $11,505 | $58,650 | $72,814 | $20,097 | 0.34 | |
| $63,340 | $78,181 | $108,040 | $12,494 | 0.16 | |
| $12,952 | $54,859 | $68,275 | $21,920 | 0.40 | |
| $15,236 | $51,483 | $61,048 | $24,946 | 0.48 | |
| $11,306 | $50,910 | $60,328 | $18,838 | 0.37 | |
| $54,356 | $50,835 | $68,636 | $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 Maryland-College Park, approximately 19% 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 357 graduates with reported earnings and 360 graduates with debt data. Small samples may not be representative.