Analysis
Westminster's economics program carries estimated debt of $26,368—slightly above both the state and national medians—while peer programs in Pennsylvania suggest first-year earnings around $53,396. That debt-to-earnings ratio of 0.49 means roughly half a year's salary going toward student loans, a manageable burden that falls comfortably within standard lending guidelines.
The challenge here is the missing data itself. When the Department of Education suppresses figures due to small sample sizes, it often signals limited recent graduates, which can mean fewer program resources, smaller alumni networks, or less employer recognition compared to Pennsylvania's economics powerhouses. Schools like Penn, Carnegie Mellon, and even Bucknell produce economics graduates earning $70,000 to $89,000 in their first year—substantially more than what comparable programs in the state typically deliver. That gap matters when you're facing similar debt loads.
The economics here aren't prohibitive, but they're not compelling either. If your child is considering Westminster for its size, location, or other institutional fit factors, the estimated financial picture won't derail those plans. But if economics itself is the draw, understand that Pennsylvania offers several programs with demonstrated track records of significantly higher earnings. The limited graduate data makes it difficult to know whether Westminster's program punches above or below the state average—you're essentially betting on an unknown.
Where Westminster College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Pennsylvania
Economics bachelors's programs at peer institutions in Pennsylvania (49 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $39,470 | $53,396* | — | $26,368* | — | |
| $66,104 | $89,097* | $125,816 | $14,000* | 0.16 | |
| $63,829 | $86,284* | $94,093 | $22,020* | 0.26 | |
| $62,412 | $76,944* | $105,566 | $19,500* | 0.25 | |
| $60,663 | $70,967* | $83,676 | $29,000* | 0.41 | |
| $64,772 | $70,946* | $79,134 | $25,888* | 0.36 | |
| National Median | — | $51,722* | — | $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 Westminster College, approximately 25% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 22 similar programs in PA. Actual outcomes may vary.