Economics at University of Northern Colorado
Bachelor's Degree
Analysis
UNC's Economics program sits in the bottom half of Colorado's economics offerings, with first-year earnings of $45,257 falling about $6,000 short of the state median. This places graduates at the 40th percentile statewide—meaning six out of ten Colorado economics programs deliver better initial outcomes. The gap widens when compared to top state programs like Colorado College ($58,082) or UC Denver ($56,201), where graduates earn roughly 25-30% more out of the gate.
The $21,000 debt load offers a silver lining, coming in below both state and national medians. With a debt-to-earnings ratio of 0.46, graduates face manageable repayment—monthly payments would consume roughly 7% of gross income on a standard plan. This reasonable debt burden matters, especially given the below-average starting salaries. However, the program's 24th percentile national ranking suggests students aren't just earning less than Colorado peers, but falling behind economics graduates nationwide.
For families weighing this program, the calculation is straightforward: you're paying less but earning less. If your child is set on UNC for location or fit reasons, economics won't saddle them with crushing debt. But if maximizing career launch matters, Colorado State ($48,462) or UC Boulder ($51,521) offer materially better starting positions for similar or slightly higher debt loads. The earnings gap at career entry could compound significantly over time.
Where University of Northern Colorado 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 Northern Colorado graduates compare to all programs nationally
University of Northern Colorado graduates earn $45k, placing them in the 24th percentile of all economics bachelors programs nationally.
Compare to Similar Programs in Colorado
Economics bachelors's programs at peer institutions in Colorado (13 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| University of Northern Colorado | $45,257 | — | $21,000 | 0.46 |
| Colorado College | $58,082 | $79,354 | $18,250 | 0.31 |
| University of Colorado Denver/Anschutz Medical Campus | $56,201 | $65,621 | $23,049 | 0.41 |
| Western Colorado University | $53,403 | — | — | — |
| University of Colorado Boulder | $51,521 | $65,987 | $17,119 | 0.33 |
| Colorado State University-Fort Collins | $48,462 | $61,513 | $24,000 | 0.50 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Colorado
Compare tuition, earnings, and debt across Colorado schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Colorado College Colorado Springs | $67,932 | $58,082 | $18,250 |
| University of Colorado Denver/Anschutz Medical Campus Denver | $10,017 | $56,201 | $23,049 |
| Western Colorado University Gunnison | $11,083 | $53,403 | — |
| University of Colorado Boulder Boulder | $16,430 | $51,521 | $17,119 |
| Colorado State University-Fort Collins Fort Collins | $12,896 | $48,462 | $24,000 |
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 Northern Colorado, approximately 26% 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 50 graduates with reported earnings and 50 graduates with debt data. Small samples may not be representative.