Analysis
Washington State University's Economics program ranks in just the 5th percentile nationally for graduate earningsβa 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
Earnings Distribution
How Washington State University 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 State University | $39,762 | $73,907 | +86% |
| Gonzaga University | $44,845 | $77,846 | +74% |
| Whitman College | $46,832 | $74,766 | +60% |
| University of Washington-Seattle Campus | $53,934 | $74,130 | +37% |
| Central Washington University | $52,129 | $68,051 | +31% |
Compare to Similar Programs in Washington
Economics bachelors's programs at peer institutions in Washington (12 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $12,997 | $39,762 | $73,907 | $25,656 | 0.65 | |
| $50,920 | $63,134 | β | β | β | |
| $12,643 | $53,934 | $74,130 | $14,166 | 0.26 | |
| $9,192 | $52,129 | $68,051 | $15,000 | 0.29 | |
| $59,900 | $48,153 | $61,261 | $26,031 | 0.54 | |
| $61,492 | $46,832 | $74,766 | $17,500 | 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 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.