Analysis
USC's economics program delivers strong earnings growth with remarkably low debtβa 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 programsβahead 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
Earnings Distribution
How University of Southern California 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 Southern California | $57,060 | $76,486 | +34% |
| Stanford University | $98,104 | $127,416 | +30% |
| Claremont McKenna College | $89,505 | $115,832 | +29% |
| University of California-Berkeley | $80,446 | $106,624 | +33% |
| Santa Clara University | $76,606 | $102,794 | +34% |
Compare to Similar Programs in California
Economics bachelors's programs at peer institutions in California (55 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $68,237 | $57,060 | $76,486 | $14,000 | 0.25 | |
| $62,484 | $98,104 | $127,416 | $12,500 | 0.13 | |
| $64,150 | $89,505 | $115,832 | $12,000 | 0.13 | |
| $14,850 | $80,446 | $106,624 | $13,000 | 0.16 | |
| $59,241 | $76,606 | $102,794 | $19,500 | 0.25 | |
| $62,326 | $70,051 | $100,669 | β | β | |
| 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 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.