Analysis
Washington College economics graduates start modestly but see their earnings jump 35% by year fourβa growth trajectory that outpaces many Maryland peers. While first-year earnings of $50,835 land below the state median (40th percentile), the four-year mark of $68,636 tells a different story about long-term career development. The $27,000 debt load is notably higher than both state and national medians, though the 0.53 debt-to-earnings ratio remains manageable compared to many programs.
The challenge here is competing with Maryland's stronger economics programs, particularly the University of Maryland system schools that place graduates into higher-paying positions from day one. Washington College sits in the bottom half of Maryland economics programs despite its solid four-year outcomes. For context, UMD-College Park graduates earn $58,650 in their first yearβessentially matching what Washington College grads reach after four years of career building.
For families comfortable with the steeper initial climb, the earnings trajectory suggests graduates eventually find their footing in competitive roles. However, the extra $5,000-6,000 in debt compared to state averages means you're paying more for a slower start. If your student can access Maryland's public university system, those programs offer stronger immediate returns. Washington College makes more sense for students who value the small college environment enough to accept paying a premium for delayed earnings growth.
Where Washington College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Washington College 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 |
|---|---|---|---|
| Washington College | $50,835 | $68,636 | +35% |
| Johns Hopkins University | $78,181 | $108,040 | +38% |
| University of Maryland-College Park | $58,650 | $72,814 | +24% |
| University of Maryland-Baltimore County | $54,859 | $68,275 | +24% |
| St. Mary's College of Maryland | $51,483 | $61,048 | +19% |
Compare to Similar Programs in Maryland
Economics bachelors's programs at peer institutions in Maryland (16 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $54,356 | $50,835 | $68,636 | $27,000 | 0.53 | |
| $63,340 | $78,181 | $108,040 | $12,494 | 0.16 | |
| $11,505 | $58,650 | $72,814 | $20,097 | 0.34 | |
| $12,952 | $54,859 | $68,275 | $21,920 | 0.40 | |
| $15,236 | $51,483 | $61,048 | $24,946 | 0.48 | |
| $11,306 | $50,910 | $60,328 | $18,838 | 0.37 | |
| 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 Washington 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.
Sample Size: Based on 39 graduates with reported earnings and 39 graduates with debt data. Small samples may not be representative.