Analysis
UofSC's economics program sits in an interesting middle ground: it outperforms most in-state alternatives while lagging slightly behind the national average. Graduates start at $48,149βmatching the state median but about $3,500 below the national figure. More importantly, they land in the 60th percentile among South Carolina economics programs, meaning they're earning more than three out of five comparable in-state graduates. Only Furman places significantly higher, though at likely double the tuition cost for most families.
The financial fundamentals work reasonably well here. With $24,062 in typical debt and a debt-to-earnings ratio of 0.50, graduates owe half their first year's salaryβmanageable territory that allows for realistic repayment within standard timeframes. The 20% earnings bump by year four ($57,679) shows solid career progression and suggests employers value these graduates increasingly over time.
For South Carolina residents weighing in-state options, this represents a solid choice that balances cost and outcome. You're not getting Ivy League placement, but you're getting reliable entry into the workforce at a debt level that won't dominate your child's financial life. The program does what a state flagship should: delivers competitive results at accessible pricing, particularly when compared to private alternatives that may cost significantly more for marginally better outcomes.
Where University of South Carolina-Columbia Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How University of South Carolina-Columbia 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 South Carolina-Columbia | $48,149 | $57,679 | +20% |
| Duke University | $98,649 | $153,139 | +55% |
| University of Chicago | $92,075 | $127,832 | +39% |
| Amherst College | $90,568 | $127,636 | +41% |
| Clemson University | $45,075 | $55,077 | +22% |
Compare to Similar Programs in South Carolina
Economics bachelors's programs at peer institutions in South Carolina (13 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $12,688 | $48,149 | $57,679 | $24,062 | 0.50 | |
| $58,312 | $55,615 | β | $24,125 | 0.43 | |
| $15,554 | $45,075 | $55,077 | $22,250 | 0.49 | |
| National Median | β | $51,722 | β | $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 South Carolina-Columbia, 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 72 graduates with reported earnings and 74 graduates with debt data. Small samples may not be representative.