Economics at Western Kentucky University
Bachelor's Degree
Analysis
Western Kentucky's economics program puts graduates slightly ahead of typical Kentucky and national outcomes, with first-year earnings of $53,857 beating both the state median ($51,077) and national median ($51,722). At 60th percentile among Kentucky economics programs, it outperforms larger competitors like the University of Kentucky ($41,713) while maintaining manageable debt of $19,500—substantially lower than the state median of $26,942. That 0.36 debt-to-earnings ratio means graduates owe roughly four months of salary, a reasonable starting point.
The modest 3% earnings growth to $55,446 by year four isn't dramatic, but economics grads often see bigger jumps when they switch jobs or complete graduate degrees. The bigger concern here is sample size: with fewer than 30 graduates in the data, a few outliers could skew these numbers significantly. The program's performance might look quite different with a larger cohort.
For a Kentucky family, this represents solid value—better outcomes than most in-state alternatives at lower cost. Just understand you're looking at limited data that may not fully represent the typical graduate's experience.
Where Western Kentucky 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 Western Kentucky University graduates compare to all programs nationally
Western Kentucky University graduates earn $54k, placing them in the 57th 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 Kentucky
Economics bachelors's programs at peer institutions in Kentucky (12 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Western Kentucky University | $53,857 | $55,446 | $19,500 | 0.36 |
| Centre College | $51,077 | $67,177 | $27,000 | 0.53 |
| University of Kentucky | $41,713 | $55,856 | $26,942 | 0.65 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Kentucky
Compare tuition, earnings, and debt across Kentucky schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Centre College Danville | $50,550 | $51,077 | $27,000 |
| University of Kentucky Lexington | $13,212 | $41,713 | $26,942 |
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 Western Kentucky University, 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 16 graduates with reported earnings and 19 graduates with debt data. Small samples may not be representative.