2026 ROI Award Winner
Median Earnings (1yr)
$75,867
95th percentile
Median Debt
$19,500
15% below national median

Analysis

Bowdoin's economics program launches graduates into strong earning positions—$75,867 in the first year—though it trails Colby's program by a small margin among Maine's elite liberal arts colleges. The real story emerges in the comparison to national economics programs, where Bowdoin ranks in the 95th percentile, demonstrating that its highly selective admissions and academic rigor translate into genuine marketplace advantage. With debt under $20,000, graduates face a manageable 0.26 debt-to-earnings ratio, meaning they'd need less than four months of gross income to clear their student loans.

The 60th percentile ranking within Maine initially seems modest, but context matters: the state has only five economics programs, and Bowdoin significantly outpaces Maine's public universities while competing closely with Bates and Colby. Earnings growth of 17% by year four suggests graduates are advancing steadily into more lucrative positions. The moderate sample size provides reasonable confidence in these figures without raising concerns about statistical noise.

For families who can manage the competitive admissions process and the private college price tag before financial aid, this represents a sound investment. Graduates enter the workforce with minimal debt burden and earnings that exceed three-quarters of economics programs nationwide—a combination that provides financial breathing room for graduate school, housing, or other post-college goals.

Where Bowdoin College Stands

Earnings vs. debt across all economics bachelors's programs nationally

Earnings Distribution

How Bowdoin College graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Bowdoin College$75,867$88,368+16%
Duke University$98,649$153,139+55%
Colby College$76,401$102,153+34%
Bates College$71,187$90,762+27%
University of Maine$46,159$62,824+36%

Compare to Similar Programs in Maine

Economics bachelors's programs at peer institutions in Maine (5 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Bowdoin CollegeBrunswick$64,910$75,867$88,368$19,5000.26
Colby CollegeWaterville$66,600$76,401$102,153$24,2500.32
Bates CollegeLewiston$63,478$71,187$90,762$13,0000.18
University of Southern MainePortland$10,920$49,173$12,9960.26
University of MaineOrono$12,606$46,159$62,824$22,9840.50
National Median$51,722$22,8160.44

Career Paths

Occupations commonly associated with economics graduates

Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

$115,440/yrJobs growth:Master's degree

Environmental Economists

Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.

$115,440/yrJobs growth:Master's degree

Data Scientists

Develop and implement a set of techniques or analytics applications to transform raw data into meaningful information using data-oriented programming languages and visualization software. Apply data mining, data modeling, natural language processing, and machine learning to extract and analyze information from large structured and unstructured datasets. Visualize, interpret, and report data findings. May create dynamic data reports.

$112,590/yrJobs growth:Bachelor's degree

Business Intelligence Analysts

Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources.

$112,590/yrJobs growth:Bachelor's degree

Clinical Data Managers

Apply knowledge of health care and database management to analyze clinical data, and to identify and report trends.

$112,590/yrJobs growth:Bachelor's degree

Statisticians

Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as biostatistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.

$104,350/yrJobs growth:Master's degree

Biostatisticians

Develop and apply biostatistical theory and methods to the study of life sciences.

$104,350/yrJobs growth:Master's degree

Economics Teachers, Postsecondary

Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Market Research Analysts and Marketing Specialists

Research conditions in local, regional, national, or online markets. Gather information to determine potential sales of a product or service, or plan a marketing or advertising campaign. May gather information on competitors, prices, sales, and methods of marketing and distribution. May employ search marketing tactics, analyze web metrics, and develop recommendations to increase search engine ranking and visibility to target markets.

$76,950/yrJobs growth:Bachelor's degree

Search Marketing Strategists

Employ search marketing tactics to increase visibility and engagement with content, products, or services in Internet-enabled devices or interfaces. Examine search query behaviors on general or specialty search engines or other Internet-based content. Analyze research, data, or technology to understand user intent and measure outcomes for ongoing optimization.

$76,950/yrJobs growth:Bachelor's degree

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

Survey Researchers

Plan, develop, or conduct surveys. May analyze and interpret the meaning of survey data, determine survey objectives, or suggest or test question wording. Includes social scientists who primarily design questionnaires or supervise survey teams.

$63,380/yrJobs growth:Master's degree
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 Bowdoin College, approximately 16% 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 40 graduates with reported earnings and 36 graduates with debt data. Small samples may not be representative.