Median Earnings (1yr)
$50,402
45th percentile
40th percentile in Pennsylvania
Median Debt
$27,000
18% above national median

Analysis

Washington & Jefferson's economics graduates start below the middle of the pack but show impressive upward mobility. With earnings jumping 28% from $50,402 to $64,490 over four years, these graduates are clearly building valuable career momentum—even if they're not commanding top salaries straight out of college. Among Pennsylvania's 49 economics programs, this ranks in the 40th percentile, which means it trails stronger programs like Penn ($89K) and CMU ($86K) but beats many state competitors.

The debt picture is genuinely excellent. At $27,000, graduates owe just slightly more than the national median, with a debt-to-earnings ratio of 0.54 that's highly manageable. More importantly, as earnings continue growing into the mid-$60s by year four, that debt burden becomes increasingly easy to handle.

For families considering this program, the question comes down to whether you're comfortable with a slower start in exchange for solid career progression. If your child is entrepreneurial or planning for graduate school—where the later earnings growth matters more—this could work well. But students expecting immediate post-graduation earning power should know they'll likely start in the bottom half of Pennsylvania economics grads, even if they catch up over time.

Where Washington & Jefferson College Stands

Earnings vs. debt across all economics bachelors's programs nationally

Earnings Distribution

How Washington & Jefferson College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Washington & Jefferson College$50,402$64,490+28%
University of Pennsylvania$89,097$125,816+41%
Swarthmore College$76,944$105,566+37%
Carnegie Mellon University$86,284$94,093+9%
Lafayette College$68,164$88,504+30%

Compare to Similar Programs in Pennsylvania

Economics bachelors's programs at peer institutions in Pennsylvania (49 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Washington & Jefferson CollegeWashington$28,185$50,402$64,490$27,0000.54
University of PennsylvaniaPhiladelphia$66,104$89,097$125,816$14,0000.16
Carnegie Mellon UniversityPittsburgh$63,829$86,284$94,093$22,0200.26
Swarthmore CollegeSwarthmore$62,412$76,944$105,566$19,5000.25
Drexel UniversityPhiladelphia$60,663$70,967$83,676$29,0000.41
Bucknell UniversityLewisburg$64,772$70,946$79,134$25,8880.36
National Median$51,722$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 Washington & Jefferson College, approximately 29% 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 45 graduates with reported earnings and 51 graduates with debt data. Small samples may not be representative.