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

Analysis

A $24,000 debt load might sound manageable for a business economics degree, but the earnings picture warrants a closer look. Based on what similar private liberal arts colleges report nationally, first-year earnings around $53,000 put this program squarely at the median—but well below what Missouri's other business economics programs typically deliver. The state median sits at $78,000, meaning comparable programs in Missouri generally produce nearly 50% higher starting salaries.

This gap matters when you're carrying debt equal to nearly half your first-year income. While the debt-to-earnings ratio isn't catastrophic, it suggests several years of careful budgeting ahead. The more selective programs in Missouri show what's possible: Washington University graduates start above $100,000, though that comes with a very different price tag and admissions profile. Even Saint Louis University, at roughly $49,000, offers similar outcomes with potentially different financial aid packages worth comparing.

The reality is that without program-specific data from William Jewell, you're betting on whether this particular school's outcomes match the national average or trend closer to Missouri's stronger programs. Given the tuition at a selective private college, that's a meaningful gamble. Before committing, get concrete placement data directly from the economics department—where graduates actually work and what they earn—to determine if this specific program justifies the investment over state alternatives.

Where William Jewell College Stands

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

Compare to Similar Programs in Missouri

Business/Managerial Economics bachelors's programs at peer institutions in Missouri (6 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
William Jewell CollegeLiberty$19,890$53,219*—$24,000*—
Washington University in St LouisSt. Louis$62,982$106,701*——*—
Saint Louis UniversitySaint Louis$53,244$49,314*—$24,000*0.49
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 William Jewell College, approximately 28% 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.