by our College Data Analytics TeamWe've pulled together some essential information you should know about the program, including how many students graduate each year, the ethnic diversity of these students, average starting salaries, and more. We've also included details on how Texas Tech ranks compared to other colleges offering a major in economics.
Go directly to any of the following sections:
The bachelor's program at Texas Tech was ranked #200 on College Factual's Best Schools for economics list. It is also ranked #9 in Texas.
During the 2020-2021 academic year, Texas Tech University handed out 97 bachelor's degrees in economics. This is a decrease of 1% over the previous year when 98 degrees were handed out.
In 2021, 3 students received their master’s degree in economics from Texas Tech. This makes it the #183 most popular school for economics master’s degree candidates in the country.
In addition, 5 students received their doctoral degrees in economics in 2021, making the school the #76 most popular school in the United States for this category of students.
Economics majors who earn their bachelor's degree from Texas Tech go on to jobs where they make a median salary of $43,863 a year. This is less than $45,868, which is the national median of all economics majors in the nation who earn bachelor's degrees.
While getting their bachelor's degree at Texas Tech, economics students borrow a median amount of $27,125 in student loans. This is higher than the the typical median of $22,987 for all economics majors across the country.
The typical student loan payment of a bachelor's degree student from the economics program at Texas Tech is $421 per month.
Learn about other programs related to Economics that might interest you.
Take a look at the following statistics related to the make-up of the economics majors at Texas Tech University.
Of the 97 economics students who graduated with a bachelor's degree in 2020-2021 from Texas Tech, about 90% were men and 10% were women.
The majority of the students with this major are white. About 55% of 2021 graduates were in this category.
The following table and chart show the ethnic background for students who recently graduated from Texas Tech University with a bachelor's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 3 |
| Black or African American | 5 |
| Hispanic or Latino | 25 |
| White | 53 |
| Non-Resident Aliens | 3 |
| Other Races | 8 |
During the 2020-2021 academic year, 3 students graduated with a bachelor's degree in economics from Texas Tech. About 67% were men and 33% were women.
The following table and chart show the ethnic background for students who recently graduated from Texas Tech University with a master's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 1 |
| Black or African American | 0 |
| Hispanic or Latino | 0 |
| White | 1 |
| Non-Resident Aliens | 1 |
| Other Races | 0 |
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 126 |
| Sociology | 80 |
| Geography & Cartography | 37 |
| Anthropology | 26 |
| International Relations & National Security | 5 |
More about our data sources and methodologies.
