Economics at University of Southern California
Bachelor's Degree
Analysis
USC's economics program delivers strong earnings growth with remarkably low debt—a combination that should appeal to value-conscious families willing to invest in a selective program. At $14,000, graduates carry nearly 40% less debt than the California median and far below the national average, while first-year earnings of $57,060 already exceed both state and national benchmarks. The 34% earnings jump to $76,486 by year four suggests graduates are successfully leveraging USC's network and Los Angeles job market.
Within California, this program sits squarely in the middle tier among economics programs—ahead of most state schools but trailing the elite private competition like Stanford, Claremont McKenna, and even UC Berkeley. The 60th percentile state ranking reflects USC's position as a strong but not top-tier economics program in a highly competitive state. For families facing USC's substantial tuition costs, the real question is whether the network advantages justify paying significantly more than UC alternatives when the earnings outcomes are comparable.
The math works if your child graduates with debt near this $14,000 median, which represents just three months of first-year salary. But remember: USC's sticker price is steep, and this low debt figure likely reflects significant family contributions. If your student would need to borrow substantially more, the value calculation changes. This program makes financial sense for families who can afford most of USC's cost out of pocket.
Where University of Southern California 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 Southern California graduates compare to all programs nationally
University of Southern California graduates earn $57k, placing them in the 68th 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 California
Economics bachelors's programs at peer institutions in California (55 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| University of Southern California | $57,060 | $76,486 | $14,000 | 0.25 |
| Stanford University | $98,104 | $127,416 | $12,500 | 0.13 |
| Claremont McKenna College | $89,505 | $115,832 | $12,000 | 0.13 |
| University of California-Berkeley | $80,446 | $106,624 | $13,000 | 0.16 |
| Santa Clara University | $76,606 | $102,794 | $19,500 | 0.25 |
| Pomona College | $70,051 | $100,669 | — | — |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in California
Compare tuition, earnings, and debt across California schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Stanford University Stanford | $62,484 | $98,104 | $12,500 |
| Claremont McKenna College Claremont | $64,150 | $89,505 | $12,000 |
| University of California-Berkeley Berkeley | $14,850 | $80,446 | $13,000 |
| Santa Clara University Santa Clara | $59,241 | $76,606 | $19,500 |
| Pomona College Claremont | $62,326 | $70,051 | — |
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 Southern California, approximately 22% 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 104 graduates with reported earnings and 153 graduates with debt data. Small samples may not be representative.