Analysis
University of Northern Iowa's economics program starts graduates at a modest $49,314 but builds strong momentum—earnings jump 40% to nearly $70,000 by year four, significantly outpacing the typical economics grad's trajectory. While first-year earnings trail Iowa State by about $8,000, UNI grads close that gap substantially within a few years, and they do it with roughly $5,000 less debt than the state average. Among Iowa's 17 economics programs, UNI lands solidly in the middle for starting salary but ranks in the 60th percentile statewide—a respectable showing for a regional university with 94% admission.
The debt picture particularly favors UNI. At $17,169, graduates carry about $5,600 less than the national median for economics majors, yielding a 0.35 debt-to-earnings ratio that's quite manageable. That's money not accruing interest while earnings accelerate.
For parents evaluating value, this program offers accessible entry (far easier admission than Iowa or Grinnell) with solid economic returns that improve meaningfully over time. The early earnings lag behind top-tier programs, but the combination of low debt and strong growth makes UNI economics a financially sensible choice—especially for families prioritizing affordability without sacrificing reasonable career prospects.
Where University of Northern Iowa Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How University of Northern Iowa 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 Northern Iowa | $49,314 | $69,146 | +40% |
| Duke University | $98,649 | $153,139 | +55% |
| Iowa State University | $57,619 | $70,764 | +23% |
| Grinnell College | $46,791 | $67,691 | +45% |
| University of Iowa | $50,223 | $66,230 | +32% |
Compare to Similar Programs in Iowa
Economics bachelors's programs at peer institutions in Iowa (17 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $9,728 | $49,314 | $69,146 | $17,169 | 0.35 | |
| $10,497 | $57,619 | $70,764 | $23,414 | 0.41 | |
| $10,964 | $50,223 | $66,230 | $22,407 | 0.45 | |
| $64,862 | $46,791 | $67,691 | $16,950 | 0.36 | |
| $52,576 | $42,311 | — | $27,000 | 0.64 | |
| 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 Northern Iowa, approximately 24% 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 34 graduates with reported earnings and 33 graduates with debt data. Small samples may not be representative.