Analysis
Based on comparable economics programs in South Carolina, Winthrop graduates can expect to earn around $48,000 in their first year—roughly in line with the state median but trailing the national benchmark by about $3,600. The estimated debt of $21,650 produces a manageable 0.45 debt-to-earnings ratio, meaning graduates would owe less than half their first-year salary. That's a reasonable financial position, particularly for a school serving a substantial population of Pell Grant recipients (39%), suggesting Winthrop keeps costs relatively contained compared to peers.
The challenge is that these figures place Winthrop somewhere in the middle of South Carolina's economics landscape. While nearby USC-Columbia reports similar earnings, Furman's graduates start at $55,615—a meaningful $7,000 premium. The national data shows economics programs can vary significantly in outcomes, with top-quartile programs reaching nearly $59,000. For Winthrop specifically, the limited graduate sample size that necessitated these estimates raises questions about program scale and career pipeline development.
For families weighing this investment, the combination of modest debt and reasonable starting salary suggests Winthrop's economics degree won't saddle graduates with overwhelming financial burden. However, if your student is competitive for more selective programs—or if they're certain about pursuing economics professionally rather than simply as a versatile liberal arts degree—comparing actual outcomes at larger in-state programs like USC or Clemson would clarify whether Winthrop's smaller program offers comparable career preparation.
Where Winthrop University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in South Carolina
Economics bachelors's programs at peer institutions in South Carolina (13 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $15,956 | $48,149* | — | $21,650* | — | |
| $58,312 | $55,615* | — | $24,125* | 0.43 | |
| $12,688 | $48,149* | $57,679 | $24,062* | 0.50 | |
| $15,554 | $45,075* | $55,077 | $22,250* | 0.49 | |
| 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 Winthrop University, approximately 39% 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 3 similar programs in SC. Actual outcomes may vary.