Economics at University of Wisconsin-Milwaukee
Bachelor's Degree
Analysis
UW-Milwaukee's economics program starts graduates well below where most Wisconsin economics programs do, lagging about $7,000 behind the state median in year one. While the program lands in the 40th percentile statewide, it trails every comparable UW System school—Oshkosh graduates earn $13,000 more, and even fellow regional campuses like Eau Claire and La Crosse substantially outperform Milwaukee. Nationally, the picture is similar, with first-year earnings falling in just the 22nd percentile.
The positive story here is debt management and trajectory. At $27,000, student loan burdens run below both state and national medians, creating a manageable debt-to-earnings ratio of 0.61. More encouragingly, earnings jump 33% by year four to $59,000—that growth rate suggests the degree opens doors even if the starting salary disappoints. For context, this endpoint approaches what top Wisconsin programs deliver right out of the gate.
This program makes most sense for students who need an accessible entry point (88% admission rate) and can weather a slower financial start. The low debt provides breathing room during those early years, and the earnings trajectory shows the credential eventually pays off. But families should understand they're accepting below-average starting outcomes compared to other Wisconsin options, banking on future growth rather than immediate returns.
Where University of Wisconsin-Milwaukee 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 Wisconsin-Milwaukee graduates compare to all programs nationally
University of Wisconsin-Milwaukee graduates earn $44k, placing them in the 22th 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 Wisconsin
Economics bachelors's programs at peer institutions in Wisconsin (21 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| University of Wisconsin-Milwaukee | $44,327 | $59,035 | $27,000 | 0.61 |
| University of Wisconsin-Oshkosh | $57,663 | — | $25,000 | 0.43 |
| University of Wisconsin-Madison | $54,495 | $69,594 | $20,750 | 0.38 |
| University of Wisconsin-La Crosse | $53,595 | $57,423 | $25,000 | 0.47 |
| Saint Norbert College | $53,350 | $66,245 | $27,000 | 0.51 |
| University of Wisconsin-Eau Claire | $51,344 | $58,841 | $21,500 | 0.42 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Wisconsin
Compare tuition, earnings, and debt across Wisconsin schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| University of Wisconsin-Oshkosh Oshkosh | $8,212 | $57,663 | $25,000 |
| University of Wisconsin-Madison Madison | $11,205 | $54,495 | $20,750 |
| University of Wisconsin-La Crosse La Crosse | $9,651 | $53,595 | $25,000 |
| Saint Norbert College De Pere | $44,432 | $53,350 | $27,000 |
| University of Wisconsin-Eau Claire Eau Claire | $9,277 | $51,344 | $21,500 |
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 Wisconsin-Milwaukee, approximately 30% 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.