Analysis
Based on the three economics programs in South Carolina with available data, Wofford's estimated first-year earnings of $48,149 land squarely in the middle—matching USC-Columbia's figure but trailing Furman by about $7,500. The estimated debt of $24,102 produces a manageable 0.50 debt-to-earnings ratio, meaning graduates would owe roughly half of their first-year salary. For context, this debt level sits right at the national median for economics programs, which suggests Wofford's aid packaging aligns with typical outcomes nationwide.
The challenge here is uncertainty. With no actual graduate outcomes published for this specific program, you're essentially betting on Wofford's economics pathway performing like its in-state peers. The college's 1297 average SAT and selective admission (59%) suggest solid academic preparation, but only 15% of students receive Pell grants, indicating a relatively affluent student body who may have family resources beyond what the debt numbers capture. The estimated earnings also fall about $3,500 below the national median for economics degrees, though whether that reflects South Carolina's lower cost of living or actual program outcomes remains unclear.
If your child is comparing financial aid packages, press Wofford's admissions office for actual placement data—where recent economics graduates work and what they earn. The estimated numbers suggest a reasonable investment if they hold true, but you're making a six-figure decision based on averages from similar programs rather than this college's actual track record.
Where Wofford College 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 |
|---|---|---|---|---|---|
| $54,100 | $48,149* | — | $24,102* | — | |
| $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 Wofford 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.
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.