Median Earnings (1yr)
$75,867
95th percentile
Median Debt
$19,500
15% below national median
Debt-to-Earnings
0.26
Manageable
Sample Size
40
Adequate data

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

Bowdoin CollegeOther economics programs

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 Bowdoin College graduates compare to all programs nationally

Bowdoin College graduates earn $76k, 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 Maine

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

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Bowdoin College$75,867$88,368$19,5000.26
Colby College$76,401$102,153$24,2500.32
Bates College$71,187$90,762$13,0000.18
University of Southern Maine$49,173—$12,9960.26
University of Maine$46,159$62,824$22,9840.50
National Median$51,722—$22,8160.44

Other Economics Programs in Maine

Compare tuition, earnings, and debt across Maine schools

SchoolIn-State TuitionEarnings (1yr)Debt
Colby College
Waterville
$66,600$76,401$24,250
Bates College
Lewiston
$63,478$71,187$13,000
University of Southern Maine
Portland
$10,920$49,173$12,996
University of Maine
Orono
$12,606$46,159$22,984

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.