Median Earnings (1yr)
$48,149
36th percentile
60th percentile in South Carolina
Median Debt
$24,062
5% above national median

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 $48,149β€”matching 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 salaryβ€”manageable 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

School1 Year4 YearsGrowth
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)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of South Carolina-ColumbiaColumbia$12,688$48,149$57,679$24,0620.50
Furman UniversityGreenville$58,312$55,615β€”$24,1250.43
Clemson UniversityClemson$15,554$45,075$55,077$22,2500.49
National Medianβ€”$51,722β€”$22,8160.44

Career Paths

Occupations commonly associated with economics graduates

Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

$115,440/yrJobs growth:Master's degree

Environmental Economists

Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.

$115,440/yrJobs growth:Master's degree

Data Scientists

Develop and implement a set of techniques or analytics applications to transform raw data into meaningful information using data-oriented programming languages and visualization software. Apply data mining, data modeling, natural language processing, and machine learning to extract and analyze information from large structured and unstructured datasets. Visualize, interpret, and report data findings. May create dynamic data reports.

$112,590/yrJobs growth:Bachelor's degree

Business Intelligence Analysts

Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources.

$112,590/yrJobs growth:Bachelor's degree

Clinical Data Managers

Apply knowledge of health care and database management to analyze clinical data, and to identify and report trends.

$112,590/yrJobs growth:Bachelor's degree

Statisticians

Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as biostatistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.

$104,350/yrJobs growth:Master's degree

Biostatisticians

Develop and apply biostatistical theory and methods to the study of life sciences.

$104,350/yrJobs growth:Master's degree

Economics Teachers, Postsecondary

Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Market Research Analysts and Marketing Specialists

Research conditions in local, regional, national, or online markets. Gather information to determine potential sales of a product or service, or plan a marketing or advertising campaign. May gather information on competitors, prices, sales, and methods of marketing and distribution. May employ search marketing tactics, analyze web metrics, and develop recommendations to increase search engine ranking and visibility to target markets.

$76,950/yrJobs growth:Bachelor's degree

Search Marketing Strategists

Employ search marketing tactics to increase visibility and engagement with content, products, or services in Internet-enabled devices or interfaces. Examine search query behaviors on general or specialty search engines or other Internet-based content. Analyze research, data, or technology to understand user intent and measure outcomes for ongoing optimization.

$76,950/yrJobs growth:Bachelor's degree

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

Survey Researchers

Plan, develop, or conduct surveys. May analyze and interpret the meaning of survey data, determine survey objectives, or suggest or test question wording. Includes social scientists who primarily design questionnaires or supervise survey teams.

$63,380/yrJobs growth:Master's degree
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.