Economics at Boston University
Bachelor's Degree
Analysis
Boston University's economics program costs more than peers but trails most comparable Massachusetts programs. At $24,500 in debt versus $55,733 in first-year earnings, the immediate financial picture looks manageable. However, context matters: this sits squarely in the middle of Massachusetts economics programs (40th percentile), significantly behind the state's elite liberal arts colleges and even Tufts, despite BU's 11% admission rate suggesting similar selectivity.
The 39% earnings growth from year one to year four is the redeeming factor here. Graduates who start at $55,733 reach $77,424 by their fourth year out—a trajectory that suggests BU's economics degree opens doors that take time to walk through. For context, this program performs better than 64% of economics programs nationally, just not the top-tier Massachusetts options where families often comparison shop.
The question for parents is whether BU's trajectory justifies paying roughly the same debt as Wellesley or Williams while earning $10,000-30,000 less initially. If your child has options at Harvard, Amherst, or Wellesley, the data favors those schools. If comparing against less selective Massachusetts programs or out-of-state flagship universities, BU's combination of manageable debt and strong mid-career momentum becomes more compelling—particularly given the robust sample size making these figures reliable.
Where Boston University 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 University graduates compare to all programs nationally
Boston University graduates earn $56k, placing them in the 64th 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 University | $55,733 | $77,424 | $24,500 | 0.44 |
| 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 University, approximately 18% 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 125 graduates with reported earnings and 122 graduates with debt data. Small samples may not be representative.