Economics at University of Miami
Bachelor's Degree
Analysis
University of Miami economics graduates start behind but catch up quickly—first-year earnings of $42,129 trail both the Florida median ($47,304) and national average ($51,722), placing them in just the 16th percentile nationally. However, by year four, median earnings jump 46% to $61,502, moving these graduates ahead of nearly all Florida competitors except Tampa. This trajectory suggests the Miami network and alumni connections take time to activate, which may frustrate graduates carrying debt while their peers at public universities start stronger.
The $17,500 debt load sits well below both state and national averages, which helps offset the slow start. That 0.42 debt-to-earnings ratio means graduates owe less than half their first-year salary—manageable even during the lean early years. For a school with a 19% acceptance rate and average SAT of 1416, these outcomes seem underwhelming initially, but the earnings growth pattern indicates Miami's value emerges in the medium term rather than immediately post-graduation.
For families paying private school tuition, this creates a tricky calculation. Your child will likely earn less than friends at UCF or USF right after graduation, but should pull ahead by year four. Whether that delayed payoff justifies the higher total cost of attendance depends on your financial situation and tolerance for a slower earnings ramp.
Where University of Miami 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 Miami graduates compare to all programs nationally
University of Miami graduates earn $42k, placing them in the 16th 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 Florida
Economics bachelors's programs at peer institutions in Florida (23 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| University of Miami | $42,129 | $61,502 | $17,500 | 0.42 |
| The University of Tampa | $54,284 | — | $27,000 | 0.50 |
| Florida Atlantic University | $48,632 | $56,091 | $25,111 | 0.52 |
| University of Central Florida | $47,743 | — | $25,750 | 0.54 |
| University of South Florida | $47,351 | $54,558 | $22,925 | 0.48 |
| Florida Gulf Coast University | $47,344 | — | $12,754 | 0.27 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Florida
Compare tuition, earnings, and debt across Florida schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| The University of Tampa Tampa | $33,424 | $54,284 | $27,000 |
| Florida Atlantic University Boca Raton | $4,879 | $48,632 | $25,111 |
| University of Central Florida Orlando | $6,368 | $47,743 | $25,750 |
| University of South Florida Tampa | $6,410 | $47,351 | $22,925 |
| Florida Gulf Coast University Fort Myers | $6,118 | $47,344 | $12,754 |
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 Miami, approximately 15% 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 47 graduates with reported earnings and 66 graduates with debt data. Small samples may not be representative.