Analysis
Warren Wilson College's Economics program sits in a challenging position within North Carolina's competitive landscape. While similar programs in the state suggest first-year earnings around $46,425—matching the state median—this falls roughly $10,000 below top state schools like Wake Forest and significantly trails elite programs like Duke ($98,649) and UNC-Chapel Hill ($65,344). The estimated debt load of $19,500 is manageable, creating a debt-to-earnings ratio of 0.42 that should be recoverable within a reasonable timeframe.
The real question is whether Warren Wilson's distinctive approach—its work program and environmental focus—provides value beyond what these estimates capture. Economics programs vary dramatically in their career outcomes, and peer program data can't account for the specific networking, internship access, or pedagogical differences that might distinguish this program. The 78% admission rate and moderate SAT scores suggest a less selective student body than the state's top-earning economics programs, which typically recruit more aggressively and may provide stronger career services.
For families considering this program, the estimates suggest reasonable financial risk but limited upside compared to alternatives. If your student is specifically drawn to Warren Wilson's unique educational philosophy and can leverage their economics degree toward graduate school or a field aligned with the college's values, this could work. Otherwise, exploring how graduates from this specific program have actually fared—through direct outreach to the college—would be essential before committing.
Where Warren Wilson College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in North Carolina
Economics bachelors's programs at peer institutions in North Carolina (26 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $40,290 | $46,425* | — | $19,500* | — | |
| $65,805 | $98,649* | $153,139 | $13,437* | 0.14 | |
| $44,536 | $69,298* | $73,684 | $19,500* | 0.28 | |
| $8,989 | $65,344* | $79,084 | $15,843* | 0.24 | |
| $64,758 | $56,416* | $91,751 | $20,927* | 0.37 | |
| $7,361 | $46,425* | $56,602 | $25,375* | 0.55 | |
| National Median | — | $51,722* | — | $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 Warren Wilson College, approximately 37% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 9 similar programs in NC. Actual outcomes may vary.