DOCTORAL DEGREE · NATIONAL DEGREE OUTCOMES

Is a doctoral degree in Economics worth it?

Compare cost, debt and earnings across 1 college programs with reportable data.

Personal baseline needed

$97,632 in median year-4 earnings

A credible return for this credential must start with what the student would otherwise earn. The federal data does not provide that personal baseline.

$97,632Median year-4 earnings
$17,915Average institution net-price context
Not availableMedian federal debt
Use your actual price and alternative earnings before evaluating return. Model your own starting point →
Start with your decision

What do you need to compare?

WHAT THIS DEGREE PAYS

Outcomes at a glance

$97,632Typical earnings four years after completion
Not availableAverage earnings five years after completion
Not availableTypical federal student debt
41thEarnings percentile among the same degree level
17Degrees awarded in 2024–25
1College programs reporting earnings

Degree counts come from the IPEDS Fall 2025 provisional release and cover 1 matched college records. Colleges without a match are not estimated.

A PRACTICAL READ

Four useful answers about Economics

How much do Economics doctoral degree graduates earn?

The national median is $97,632 four years after completion across reportable doctoral degree programs in this federal field.

How much federal debt do graduates have?

A national median federal-debt figure is not reportable for this degree in the current release.

Does the college matter for Economics?

Yes. The middle half of reporting programs ranges from $97,632 to $97,632 in observed year-4 earnings.

What careers are related to Economics?

DegreeVerdict links this field to 9 displayed occupations using the official federal CIP–SOC crosswalk. Occupational wages are career context, not graduate salary promises.

COMPARE DEGREE LEVELS

More schooling changes both the cost and the outcome.

Compare the same field at each degree level with reportable data. These are separate groups of graduates, so the differences do not prove that an additional degree caused higher earnings.

OPEN PROFILE

Undergraduate Certificate or Diploma

Year-4 earnings
$101,310
Federal debt
$22,625
Programs in the comparison
1
1 report earnings →
OPEN PROFILE

Associate's Degree

Year-4 earnings
$60,076
Federal debt
Not available
Programs in the comparison
3
3 report earnings →
OPEN PROFILE

Bachelor's Degree

Year-4 earnings
$79,468
Federal debt
$22,907
Programs in the comparison
390
369 report earnings →
OPEN PROFILE

Master's Degree

Year-4 earnings
$104,085
Federal debt
Not available
Programs in the comparison
22
22 report earnings →
CURRENT VIEW

Doctoral Degree

Year-4 earnings
$97,632
Federal debt
Not available
Programs in the comparison
1
1 report earnings →
COLLEGE-TO-COLLEGE RANGE

Where the middle half of programs lands

Year‑4 earnings differ by college. This band shows the 25th percentile, national median and 75th percentile among reporting programs.

Median
25th percentile$97,632National median$97,63275th percentile$97,632
1 programs report year‑4 earnings.
BEFORE YOU CHOOSE

Compare price, debt and earnings together

$97,63275th-percentile year-4 earnings among reporting programs
Not availableMedian federal debt across programs that report it
0Programs with earnings in the top quarter and debt at or below the median
SHORTLIST BY QUESTION

Three useful places to start

Each choice answers a different question. These are observed signals, not an overall winner.

Highest observed earnings

George Mason University

$97,632 four years after completionFairfax, VA · inspect the full program →
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WHERE OUTCOMES ARE STRONGEST

See the spread, not just the national number.

1George Mason University$97,632

Observed year-4 earnings · top displayed records are not a universal ranking

Career outlook

Jobs this degree may lead to

Federal education-to-career links identify related occupations. They do not imply that every graduate enters the same job.

Pay and projected demand

Related careers do not share one outlook

Bubble size = annual openings2025–35 national projection

Occupation wages describe workers in these jobs, not graduates of this degree. BLS projections are national estimates and do not guarantee hiring.

Managers, All Other$141,900 median wage622,190 jobs nationwide+4.9% projected growth through 2035 · 100,900 openings a yearTypical entry education: Bachelor's degree$74,300–$238,270 typical wage rangeEconomists$124,720 median wage17,790 jobs nationwide+4.7% projected growth through 2035 · 1,100 openings a yearTypical entry education: Master's degree$67,360–$238,060 typical wage rangeEconomics Teachers, Postsecondary$123,920 median wage11,560 jobs nationwide+2.4% projected growth through 2035 · 1,000 openings a yearTypical entry education: Doctoral or professional degree$64,060–$224,200 typical wage rangeSocial Science Research Assistants$61,990 median wage30,640 jobs nationwide+5.0% projected growth through 2035 · 4,900 openings a yearTypical entry education: Bachelor's degree$38,090–$102,070 typical wage rangeSurvey Researchers$69,460 median wage8,290 jobs nationwide-4.8% projected growth through 2035 · 600 openings a yearTypical entry education: Master's degree$39,260–$130,860 typical wage rangeData Scientists$120,230 median wage262,440 jobs nationwide+34.6% projected growth through 2035 · 24,800 openings a yearTypical entry education: Bachelor's degree$67,240–$199,130 typical wage rangeStatisticians$105,650 median wage29,030 jobs nationwide+11.0% projected growth through 2035 · 1,900 openings a yearTypical entry education: Master's degree$64,000–$174,050 typical wage rangeMarket Research Analysts and Marketing Specialists$78,760 median wage899,580 jobs nationwide+7.0% projected growth through 2035 · 82,000 openings a yearTypical entry education: Bachelor's degree$43,390–$155,480 typical wage rangeSecondary School Teachers, Except Special and Career/Technical Education$72,040 median wage1,065,210 jobs nationwide-0.2% projected growth through 2035 · 63,500 openings a yearTypical entry education: Bachelor's degree$48,780–$107,600 typical wage range

BLS May 2025 wages and 2025–35 projections. Career figures describe occupations, not graduates of a specific college.

This page keeps the field and credential level fixed. Federal categories can still combine multiple catalog programs or concentrations. Automated ROI is limited to associate and bachelor’s degrees because institution-wide annual net price is not a reliable proxy for short certificate prices. ROI is an illustrative scenario, not a federal determination.