Economics at Boston College
Bachelor's Degree
Analysis
Boston College economics graduates start at $72,000—nearly $40,000 above the national median and $15,000 above the Massachusetts median for this field. That's elite-level performance without elite-level debt. While Harvard economics grads edge ahead by $30,000, BC students carry roughly half the typical debt burden for Massachusetts economics programs ($18,000 versus $25,000 state median). The debt-to-earnings ratio of 0.25 means graduates can realistically pay off loans in under three years if they prioritize it.
The earnings trajectory reinforces the value: a 30% jump to $94,000 by year four puts BC grads solidly in the upper tier of economics programs nationally. Among Massachusetts schools, this program ranks in the 80th percentile—trailing only the most selective liberal arts colleges and Harvard, but outperforming most university programs in a state packed with strong economics departments. The relatively modest debt load gives graduates flexibility to pursue graduate school, save aggressively, or take career risks that higher-debt peers cannot afford.
For families willing to invest in a selective program (16% admission rate), this delivers what you'd hope for: strong immediate earnings, solid growth potential, and manageable debt that won't constrain post-graduation choices. The combination of BC's network, rigorous preparation, and reasonable borrowing makes this a textbook case of quality education with practical returns.
Where Boston College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Boston College graduates compare to all programs nationally
Boston College graduates earn $72k, placing them in the 95th percentile of all economics bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Massachusetts
Economics bachelors's programs at peer institutions in Massachusetts (38 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Boston College | $72,099 | $93,934 | $18,000 | 0.25 |
| Harvard University | $103,993 | $124,570 | $6,617 | 0.06 |
| Amherst College | $90,568 | $127,636 | $16,662 | 0.18 |
| Wellesley College | $86,367 | $91,749 | $11,190 | 0.13 |
| Williams College | $80,888 | $115,082 | $12,925 | 0.16 |
| Tufts University | $75,125 | $105,444 | $17,850 | 0.24 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Massachusetts
Compare tuition, earnings, and debt across Massachusetts schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Harvard University Cambridge | $59,076 | $103,993 | $6,617 |
| Amherst College Amherst | $67,280 | $90,568 | $16,662 |
| Wellesley College Wellesley | $64,320 | $86,367 | $11,190 |
| Williams College Williamstown | $64,860 | $80,888 | $12,925 |
| Tufts University Medford | $67,844 | $75,125 | $17,850 |
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 Boston College, approximately 13% 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.
Sample Size: Based on 243 graduates with reported earnings and 256 graduates with debt data. Small samples may not be representative.