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Economics Degree in Louisville, KY — Salary & ROI 2026

Economics degree analysis for Louisville, KY. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$59K

COL-adjusted

Mid-Career

$90K

COL-adjusted

ROI Payback

3.6 yrs

in Louisville

Cost of Living

90

index (100 = avg)

Economics in Louisville, KY Overview

Louisville, Kentucky (pop. 633,045) has 17 colleges offering Economics programs. The local cost of living index of 90 is near the national average, with average rent near campus at $1,349/month. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in Louisville is approximately $58,500, growing to $90,000 by mid-career.

Category

Business

Local Colleges

17

Public Tuition

$12,324/yr

Private Tuition

$37,190/yr

Room & Board

$12,044/yr

Avg Fin. Aid

$16,150/yr

Unemployment

4.1%

Graduation Rate

58%

Economics Salary in Louisville (COL-Adjusted)

Salaries adjusted for Louisville's cost of living index of 90 (national average = 100).

Entry Level (0-2 yrs)
$58,500($-6,500 vs national)
Mid Career (5-9 yrs)
$90,000($-10,000 vs national)
Senior Level (15+ yrs)
$117,000($-13,000 vs national)

Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Louisville adjustment factor: 0.90x based on the local cost of living index.

Economics ROI Calculator for Louisville

Estimate your return on investment for a Economics degree using local Louisville tuition and cost of living data.

Public avg: $12,324 | Private avg: $37,190

Louisville avg aid: $16,150/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$97,472

tuition + room & board - aid

Annual Earnings Premium

$27,000

vs HS diploma in Louisville

ROI Payback Period

3.6 years

to break even

Lifetime Return in Louisville

$667,528

Lifetime earnings premium ($765,000) minus total education cost ($97,472)

Student Loan Payoff for Economics in Louisville

Standard Plan (10 years)

Loan Amount$97,472
Monthly Payment$1,107
Total Interest$35,341
% of Monthly Income23%

Aggressive Plan (5 years)

Loan Amount$97,472
Monthly Payment$1,907
Total Interest$16,957
Interest Savings$18,384

Colleges in Louisville for Economics

University of Louisville

public

$12,324/yr

$49,296 total

Bellarmine University

private

$45,790/yr

$183,160 total

Spalding University

private

$28,590/yr

$114,360 total

Community Colleges (2-Year Transfer)

Jefferson Community and Technical College

$4,680/yr

Top Employers for Economics in Louisville

Louisville offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Economics graduates. National top employers in this field include:

Federal ReserveWorld BankMcKinseyGoldman SachsIMF

Key Louisville Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Economics Job Titles

EconomistPolicy AnalystFinancial Analyst

Methodology & Education Data Sources

How we calculate Economics degree outcomes in Louisville, KY: Our salary projections, ROI estimates, and tuition data combine multiple federal datasets to provide a localized view of education economics. We use a 10-year career-trajectory model standard in higher education research.

  1. Tuition data sourced from IPEDS (Integrated Postsecondary Education Data System), the federal education statistics database operated by NCES. Average tuition for Economics programs reflects 4-year public/private weighted averages for Kentucky.
  2. Career salary projections based on BLS Occupational Employment and Wage Statistics, with cost-of-living adjustments for Louisville using regional CPI data.
  3. 10-year ROI calculates: (Total Career Earnings With Degree) − (Total Career Earnings Without Degree) − (Total Education Cost Including Interest on Loans).
  4. Job market outlook for Economics graduates uses BLS Occupational Outlook Handbook 10-year projections (2024-2034 base period).
  5. Default rates and loan data sourced from College Scorecard (US Department of Education), which tracks repayment outcomes by institution.

Authoritative US education data sources:

Education Disclaimer: Salary and ROI estimates are projections based on national and state-level averages. Individual outcomes depend on institution prestige, GPA, internships, location, network, and economic conditions. Always verify current tuition with the institution directly, and consult a financial aid counselor before taking on student loans. Use the Federal Loan Simulator to model repayment scenarios.

Reviewed by Brazora Monk · Last updated 2026 · IPEDS & BLS data current as of latest annual release

Financial Aid Resources for Louisville Students

Beyond federal aid (FAFSA), Kentucky students have access to state-specific grants, scholarships, and tuition assistance programs. The 2026-27 FAFSA also added a new Low Earnings Indicator (Dec 2025) flagging programs where graduates earn less than non-college peers — check your target school's status:

📋 Federal Aid (FAFSA)

Pell Grant up to $7,395/yr (2026-27). Subsidized loans at 6.53% (academic year 25-26):

🏛️ State Grants (Kentucky)

State-specific grants stack with federal aid:

🎓 College Outcomes Data

Verify earnings + debt before enrolling:

💰 Scholarship Search

Free, official, scam-free scholarship databases:

2026-27 FAFSA tip: The new Low Earnings Indicator flags programs where graduates earn less than non-graduates. Check this before enrolling. Speak with a NASFAA-credentialed financial aid counselor at your target school.

Economics Degree in Louisville — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

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