Analysis
What's notable about Westminster's economics program is how the estimated outcomes align almost exactly with Missouri's state median—but stay nearly $5,000 below the national benchmark of $51,722. Based on comparable programs across the state, first-year earnings around $46,583 suggest this degree delivers solidly middle-of-the-road results for Missouri, though it lags the stronger programs at Mizzou ($52,635) and especially Washington University ($66,325).
The estimated debt load of $24,102 is actually slightly higher than both Missouri's typical $19,793 and the national median of $22,816 for economics bachelor's degrees, creating a debt-to-earnings ratio of 0.52. That's manageable territory—roughly half a year's salary—but it means Westminster students may be paying modestly more to achieve outcomes that mirror what other Missouri programs deliver at lower cost. For a school serving 40% Pell-eligible students, those extra few thousand dollars in borrowing matter.
The practical reality: if your child is choosing between Westminster and other Missouri economics programs, the estimated financial picture doesn't suggest a clear advantage. Unless Westminster offers compelling non-financial benefits—smaller classes, specific faculty connections, or location preferences—peer programs appear to offer similar earning potential with less debt. The numbers suggest this is a functional choice rather than a standout investment.
Where Westminster College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in Missouri
Economics bachelors's programs at peer institutions in Missouri (18 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $34,188 | $46,583* | — | $24,102* | — | |
| $62,982 | $66,325* | $80,729 | $14,110* | 0.21 | |
| $14,130 | $52,635* | $61,213 | $18,815* | 0.36 | |
| $13,440 | $46,583* | $64,281 | $22,962* | 0.49 | |
| $9,024 | $44,898* | $65,293 | $19,793* | 0.44 | |
| $9,739 | $41,076* | $59,303 | $25,056* | 0.61 | |
| 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 40% 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 5 similar programs in MO. Actual outcomes may vary.