Est. Earnings (1yr)
$53,219
Est. from national median (81 programs)
Est. Median Debt
$24,000
Est. from national median (18 programs)

Analysis

The $28,000 gap between what comparable programs nationally suggest ($53,000) and what Utah's best business economics programs actually deliver ($75,000 at BYU) should make you pause. Westminster's estimated outcomes—derived from national peer programs since the school's graduate sample is too small for DOE reporting—place it well below the state standard. In a field where Utah programs typically excel, starting near the national median rather than the state median matters considerably for someone paying private school prices.

The debt picture offers modest reassurance: $24,000 (also estimated from similar institutions) translates to a 0.45 debt-to-earnings ratio, suggesting manageable monthly payments of around $270. That's reasonable by national standards for business degrees. However, you're comparing Westminster's private tuition against outcomes that mirror what national public programs produce, while Utah's flagship business economics graduates command significantly higher starting salaries.

The core question is whether Westminster's smaller class sizes and private school environment justify paying for outcomes that track with national averages rather than Utah's stronger market. If your child can access one of Utah's other business economics programs—particularly BYU if cost isn't prohibitive—the actual reported data suggests substantially better earnings potential. If Westminster is the most realistic option, the estimated debt load appears manageable, but set expectations around typical national outcomes, not Utah's elevated market for this field.

Where Westminster University Stands

Earnings vs. debt across all business/managerial economics bachelors's programs nationally

Compare to Similar Programs in Utah

Business/Managerial Economics bachelors's programs at peer institutions in Utah (3 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Westminster UniversitySalt Lake City$41,416$53,219*—$24,000*—
Brigham Young UniversityProvo$6,496$75,227*$97,349—*—
National Median—$53,219*—$22,250*0.42
* Estimated from similar programs

Career Paths

Occupations commonly associated with business/managerial economics graduates

Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

$115,440/yrJobs growth:Master's degree

Environmental Economists

Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.

$115,440/yrJobs growth:Master's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Management Analysts

Conduct organizational studies and evaluations, design systems and procedures, conduct work simplification and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Includes program analysts and management consultants.

$101,190/yrJobs growth:Bachelor's degree

Economics Teachers, Postsecondary

Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Survey Researchers

Plan, develop, or conduct surveys. May analyze and interpret the meaning of survey data, determine survey objectives, or suggest or test question wording. Includes social scientists who primarily design questionnaires or supervise survey teams.

$63,380/yrJobs growth:Master's degree
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 University, 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 national median of 81 similar programs. Actual outcomes may vary.