Median Earnings (1yr)
$46,832
30th percentile (60th in WA)
Median Debt
$17,500
23% below national median
Debt-to-Earnings
0.37
Manageable
Sample Size
23
Limited data

Analysis

Whitman's economics program starts slowly but builds momentum—though the small sample size means your child's experience could vary significantly from these numbers. First-year earnings of $47,000 trail the national median by nearly $5,000, placing Whitman in the bottom third nationally. However, the program beats Washington's state median and ranks in the 60th percentile among state schools, suggesting it delivers decent value for an in-state option. The $17,500 typical debt load is manageable, representing just 37% of first-year earnings.

The real story emerges by year four, when median earnings jump to $75,000—a 60% increase that dramatically outpaces typical career trajectories. This suggests either strong graduate school outcomes or delayed entry into fields like consulting and finance where Whitman's liberal arts network may provide advantages. Still, Whitman lags behind University of Washington ($54,000 starting) and Whitworth ($63,000), both of which likely offer stronger immediate placement.

For families comfortable with a slower career launch and betting on long-term growth, the debt-to-earnings math works. But remember: with fewer than 30 graduates in this data, one or two outliers earning six figures could skew these medians significantly. If your child needs immediate post-graduation income or certainty about outcomes, larger programs with more predictable placement records warrant serious consideration.

Where Whitman College Stands

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

Whitman CollegeOther economics programs

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 Whitman College graduates compare to all programs nationally

Whitman College graduates earn $47k, placing them in the 30th 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 Washington

Economics bachelors's programs at peer institutions in Washington (12 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Whitman College$46,832$74,766$17,5000.37
Whitworth University$63,134
University of Washington-Seattle Campus$53,934$74,130$14,1660.26
Central Washington University$52,129$68,051$15,0000.29
University of Puget Sound$48,153$61,261$26,0310.54
Western Washington University$45,401$67,444$19,0000.42
National Median$51,722$22,8160.44

Other Economics Programs in Washington

Compare tuition, earnings, and debt across Washington schools

SchoolIn-State TuitionEarnings (1yr)Debt
Whitworth University
Spokane
$50,920$63,134
University of Washington-Seattle Campus
Seattle
$12,643$53,934$14,166
Central Washington University
Ellensburg
$9,192$52,129$15,000
University of Puget Sound
Tacoma
$59,900$48,153$26,031
Western Washington University
Bellingham
$9,286$45,401$19,000

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 Whitman College, approximately 15% 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 23 graduates with reported earnings and 20 graduates with debt data. Small samples may not be representative.