Economics at William & Mary

William & Mary economics graduates earn $65,603 in their first year—substantially above the national median of $51,722 and outperforming 85% of economics programs nationwide. However, within Virginia's competitive landscape, the program lands solidly in the middle of the pack at the 60th percentile, trailing UVA ($74,958) and Washington & Lee ($71,737) but ahead of Virginia Tech and several other state options. The moderate debt load of $19,678 translates to a 0.30 debt-to-earnings ratio, meaning graduates owe less than four months of their first year's salary—a manageable starting point by any standard.

The earnings trajectory shows steady but unspectacular growth, reaching $72,419 by year four. That 10% increase keeps pace with inflation but doesn't suggest the exponential career acceleration some economics graduates experience in finance or consulting roles. Still, for a public institution with William & Mary's selectivity (33% admission rate, 1458 average SAT), these outcomes represent solid value. The combination of below-average debt and above-average earnings creates breathing room for graduates to pursue graduate school, public service, or competitive entry-level positions without financial strain.

For Virginia families, this program offers reliable outcomes without the premium cost of private alternatives. It won't match UVA's earning power, but the lower debt burden and William & Mary's academic reputation make it a fiscally sound choice for students serious about economics.