Analysis
Virginia Tech's economics program lands right in the middle of Virginia's offeringsβ60th percentile statewideβbut that position actually tells a surprisingly positive story. With first-year earnings of $56,261 and manageable debt of $22,500, graduates start with a comfortable 0.40 debt-to-earnings ratio. More importantly, earnings jump 33% by year four to $75,051, putting these graduates within striking distance of UVA and W&L alumni who start higher but may not grow as quickly.
The gap between Virginia Tech and the state's elite programs ($19,000 behind UVA initially) narrows considerably as careers progress, suggesting that Tech's economics graduates build momentum over time rather than peaking early. At an admission rate of 57% versus the single-digit selectivity of UVA or W&L, this program offers accessible entry to strong mid-career prospects. The debt load sits right at Virginia's median for economics programs, making the financial equation straightforward: reasonable borrowing for above-average outcomes that improve substantially after graduation.
For families choosing between Virginia Tech and pricier private alternatives, the data supports going with the Hokies. You're getting performance that beats 60% of Virginia economics programs while likely paying significantly less in tuition than schools like Richmond or W&L, where the earnings advantage doesn't justify the premium.
Where Virginia Polytechnic Institute and State University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Virginia Polytechnic Institute and State University 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 |
|---|---|---|---|
| Virginia Polytechnic Institute and State University | $56,261 | $75,051 | +33% |
| Washington and Lee University | $71,737 | $110,050 | +53% |
| University of Richmond | $61,027 | $102,501 | +68% |
| James Madison University | $62,286 | $86,390 | +39% |
| George Mason University | $53,024 | $80,423 | +52% |
Compare to Similar Programs in Virginia
Economics bachelors's programs at peer institutions in Virginia (28 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $15,478 | $56,261 | $75,051 | $22,500 | 0.40 | |
| $20,986 | $74,958 | $80,369 | $19,000 | 0.25 | |
| $64,525 | $71,737 | $110,050 | $23,399 | 0.33 | |
| $25,040 | $65,603 | $72,419 | $19,678 | 0.30 | |
| $13,576 | $62,286 | $86,390 | $18,575 | 0.30 | |
| $62,600 | $61,027 | $102,501 | $23,000 | 0.38 | |
| 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 Virginia Polytechnic Institute and State University, approximately 15% 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 75 graduates with reported earnings and 72 graduates with debt data. Small samples may not be representative.