Median Earnings (1yr)
$56,261
66th percentile
60th percentile in Virginia
Median Debt
$22,500
1% below national median

Analysis

Virginia Tech's economics program lands right in the middle of Virginia's offeringsβ€”60th percentile statewideβ€”but 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

School1 Year4 YearsGrowth
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†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Virginia Polytechnic Institute and State UniversityBlacksburg$15,478$56,261$75,051$22,5000.40
University of Virginia-Main CampusCharlottesville$20,986$74,958$80,369$19,0000.25
Washington and Lee UniversityLexington$64,525$71,737$110,050$23,3990.33
William & MaryWilliamsburg$25,040$65,603$72,419$19,6780.30
James Madison UniversityHarrisonburg$13,576$62,286$86,390$18,5750.30
University of RichmondUniversity of Richmond$62,600$61,027$102,501$23,0000.38
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 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.