Economics at Washington State University
Bachelor's Degree
Analysis
Washington State University's Economics program ranks in just the 5th percentile nationally for graduate earnings—a concerning position for a major that's typically valued for its strong financial returns. First-year graduates earn $39,762, well below both the national median of $51,722 and Washington's state median of $45,401. Even within Washington, where this program sits at the 40th percentile, it trails schools like UW-Seattle by $14,000 and even Central Washington by over $12,000 annually. The $25,656 in typical debt is manageable at 0.65 times first-year earnings, but graduates are starting from a significant earnings disadvantage.
The trajectory does improve dramatically: earnings surge 86% to $73,907 by year four, suggesting the degree eventually opens doors to better opportunities. However, that four-year wait while peers from stronger programs pull ahead matters considerably. For an accessible state school with an 85% admission rate, WSU serves its purpose, but economics students here face a steeper climb than they would at comparable Washington institutions.
If your child is set on studying economics in Washington's public system, compare this carefully against UW or even Central Washington. The early earnings gap could mean postponing major life milestones while waiting for career momentum to build. For families prioritizing immediate post-graduation income, this program requires patience that other in-state options might not demand.
Where Washington State University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Washington State University graduates compare to all programs nationally
Washington State University graduates earn $40k, placing them in the 5th percentile of all economics bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Washington
Economics bachelors's programs at peer institutions in Washington (12 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Washington State University | $39,762 | $73,907 | $25,656 | 0.65 |
| Whitworth University | $63,134 | — | — | — |
| University of Washington-Seattle Campus | $53,934 | $74,130 | $14,166 | 0.26 |
| Central Washington University | $52,129 | $68,051 | $15,000 | 0.29 |
| University of Puget Sound | $48,153 | $61,261 | $26,031 | 0.54 |
| Whitman College | $46,832 | $74,766 | $17,500 | 0.37 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Washington
Compare tuition, earnings, and debt across Washington schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Whitworth University Spokane | $50,920 | $63,134 | — |
| University of Washington-Seattle Campus Seattle | $12,643 | $53,934 | $14,166 |
| Central Washington University Ellensburg | $9,192 | $52,129 | $15,000 |
| University of Puget Sound Tacoma | $59,900 | $48,153 | $26,031 |
| Whitman College Walla Walla | $61,492 | $46,832 | $17,500 |
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 State University, approximately 26% 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 47 graduates with reported earnings and 51 graduates with debt data. Small samples may not be representative.