UC Santa Cruz Business Economics (Bachelor's): Tuition, Graduate Salary, and Debt
- Bachelor's in Business/Managerial Economics
- Public university
- Santa Cruz, CA
- About 280 graduates a year
College Scorecard June 2026 release · BLS wages May 2025
The short answer
UC Santa Cruz business economics graduates earn about what business economics graduates earn nationally, $52,029 in their first year. Where this program stands out is debt. The typical graduate leaves with $16,500 in federal loans, less than at 89% of business economics programs in the country. Strong value, but not one of the highest-paying business economics degrees in California.
How it compares
Each figure is the median for graduates of the program. The California and national columns are the medians across all business economics bachelor's programs that report the figure.
Five years out, UC Santa Cruz graduates earn more than the national figure and about the same as the California median.
Debt and first-year pay at every California business economics program
Programs in the upper left give graduates higher pay for less debt. Dashed lines mark the California medians.
Hover over or tap a dot to see the school. Only programs that report both earnings and debt are shown.
What graduates earn over time
Pay rises about 73% between the first and fifth year.
Year 1 and year 5 figures come from different graduating classes, so the growth rate is an estimate.
Does family income change the outcome?
Graduates who received Pell Grants, which go to students from lower-income families, earned $2,107 less in their first year than other graduates. They also borrowed more. Students who expect to rely on grants should weigh this gap.
Paying back the loans
On a standard 10-year plan, the median debt means a payment of about $175 a month, or 4.0% of a graduate's typical monthly pay in the first year.
The government publishes these as ranges to protect privacy. They were measured in 2018 to 2020, partly during the pandemic pause on federal loan payments, so the forbearance share may be higher than usual. Separately, 56 parents took out Parent PLUS loans for these students, with a median of $16,773.
Where graduates work, and what the pay is worth
93% of graduates (251 of 269) were working in California one year after graduating. Prices in the Santa Cruz area are about 10% above the national average, so a $52,029 salary here buys what about $47,344 buys in a typical US city.
Careers this field leads to
These are the jobs that the federal crosswalk from fields of study to occupations links to business economics, largest first. Pay is the median across all experience levels.
Management Analysts
$101,460Median pay in California. 137,280 people work in this job in California. Nationally, jobs are projected to grow 10% from 2025 to 2035, with about 94,100 openings a year. Typical education to start: bachelor's degree, plus less than 5 years of related work experience.
Financial Risk Specialists
$129,110Median pay in California. 5,740 people work in this job in California. Nationally, jobs are projected to grow 7% from 2025 to 2035, with about 4,800 openings a year. Typical education to start: bachelor's degree.
Economists
$119,410Median pay in California. 860 people work in this job in California. Nationally, jobs are projected to grow 5% from 2025 to 2035, with about 1,100 openings a year. Typical education to start: master's degree.
Survey Researchers
$83,520Median pay in California. 1,180 people work in this job in California. Nationally, jobs are projected to shrink 5% from 2025 to 2035, with about 600 openings a year. Typical education to start: master's degree.
About UC Santa Cruz
Business Economics ranks 6th of 35 bachelor's programs at UC Santa Cruz by first-year earnings. The top three are Computer Engineering ($79,969), Electrical Engineering ($78,842), and Computer Science ($75,150).
Common questions
The median graduate earns $52,029 one year after graduating and $89,932 five years after. The median across business economics bachelor's programs in California is $53,047.
The median federal loan balance is $16,500, which ranks 3rd lowest of 8 business economics bachelor's programs in California. That works out to about $175 a month over 10 years.
On the numbers, yes for most students. Debt equals 32% of first-year earnings, against a national median of 42%, and the share of borrowers in default two years into repayment is 5% or less. If the highest possible early salary is the main goal, several California programs report higher pay, usually with more debt.
Most do. 93% (251 of 269) were working in California one year after graduating.
About this data
- Earnings and debt only include students who received federal financial aid (grants or loans).
- Earnings only count graduates who were working and not enrolled in more school. Graduates who went straight to further study are not included.
- Debt only includes federal loans. Private loans and credit cards are not counted.
- Some schools with several campuses report one combined figure for all of them. We count each of those schools once, and leave them out of California comparisons when their main campus is in another state.
- Scorecard figures describe graduating classes from several years ago. BLS wages are from May 2025.
- School-level numbers like tuition, admission rate, and graduation rate are for the whole school, not the business economics program.
Sources
- U.S. Department of Education, College Scorecard, field of study and institution files, June 2026 release
- Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025
- Bureau of Labor Statistics, Employment Projections 2025 to 2035
- Bureau of Economic Analysis, Regional Price Parities, 2024
- NCES, CIP 2020 to SOC 2018 crosswalk, and IPEDS institution directory, 2024