Analysis
Based on comparable economics programs in Iowa, Wartburg's estimated outcomes fall right at the state median—$49,314 in first-year earnings against roughly $24,000 in debt. That 0.49 debt-to-earnings ratio suggests manageable repayment: graduates would owe less than half their annual salary, which translates to monthly payments around $270 on a standard ten-year plan.
What's challenging here is the lack of precision. When the Department of Education suppresses data due to small graduate cohorts, parents are essentially betting on peer program performance rather than this school's track record. The state's economics programs show considerable variation—Iowa State grads earn $57,000 while Coe College grads start around $42,000—and without Wartburg's actual outcomes, you can't know where on that spectrum their graduates land. The program could be outperforming its peers or underperforming; the estimates simply reflect what similar schools typically achieve.
For a family considering this investment, the estimated numbers suggest reasonable financial footing if they materialize. But recognize you're making a decision with limited visibility. If that uncertainty feels uncomfortable given your family's financial situation, look for programs where actual outcome data exists—it won't guarantee results, but it does show what that specific school has historically delivered.
Where Wartburg College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Iowa
Economics bachelors's programs at peer institutions in Iowa (17 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $51,040 | $49,314* | — | $24,102* | — | |
| $10,497 | $57,619* | $70,764 | $23,414* | 0.41 | |
| $10,964 | $50,223* | $66,230 | $22,407* | 0.45 | |
| $9,728 | $49,314* | $69,146 | $17,169* | 0.35 | |
| $64,862 | $46,791* | $67,691 | $16,950* | 0.36 | |
| $52,576 | $42,311* | — | $27,000* | 0.64 | |
| 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 Wartburg College, approximately 21% 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 5 similar programs in IA. Actual outcomes may vary.