Median Earnings (1yr)
$28,301
5th percentile (10th in NC)
Median Debt
$18,791
18% below national median
Debt-to-Earnings
0.66
Manageable
Sample Size
25
Limited data

Analysis

UNC Asheville's economics program shows a stark disconnect between what graduates earn immediately after college and what they earn a few years later. That first-year figure of $28,301 ranks in just the 10th percentile among North Carolina economics programs—well below the state median of $46,425 and less than half what Duke or UNC Chapel Hill graduates earn. However, earnings more than double by year four to $52,466, suggesting graduates may be taking lower-paid internships or entry positions before transitioning into better-compensated work.

The modest debt load of $18,791 provides some cushion during those lean early years. Still, starting at under $30,000 means those first few years could be financially challenging, particularly if graduates remain in Asheville where living costs have risen. The sample size here is quite small (fewer than 30 graduates), which means these numbers could swing significantly with just a few data points—one graduate going to law school or another taking a nonprofit job could skew the averages.

For families considering this program, understand that you're likely looking at a difficult first year or two financially, even with the reasonable debt burden. The strong earnings growth suggests graduates eventually find their footing, but that trajectory depends heavily on individual career paths. If your child needs immediate earning power after graduation, this pattern should factor into your planning.

Where University of North Carolina Asheville Stands

Earnings vs. debt across all economics bachelors's programs nationally

University of North Carolina AshevilleOther economics programs

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 North Carolina Asheville graduates compare to all programs nationally

University of North Carolina Asheville graduates earn $28k, placing them in the 5th 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 North Carolina

Economics bachelors's programs at peer institutions in North Carolina (26 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of North Carolina Asheville$28,301$52,466$18,7910.66
Duke University$98,649$153,139$13,4370.14
Elon University$69,298$73,684$19,5000.28
University of North Carolina at Chapel Hill$65,344$79,084$15,8430.24
Wake Forest University$56,416$91,751$20,9270.37
East Carolina University$46,425$56,602$25,3750.55
National Median$51,722—$22,8160.44

Other Economics Programs in North Carolina

Compare tuition, earnings, and debt across North Carolina schools

SchoolIn-State TuitionEarnings (1yr)Debt
Duke University
Durham
$65,805$98,649$13,437
Elon University
Elon
$44,536$69,298$19,500
University of North Carolina at Chapel Hill
Chapel Hill
$8,989$65,344$15,843
Wake Forest University
Winston-Salem
$64,758$56,416$20,927
East Carolina University
Greenville
$7,361$46,425$25,375

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 North Carolina Asheville, approximately 31% 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 25 graduates with reported earnings and 23 graduates with debt data. Small samples may not be representative.