Analysis
Brown's economics program launches graduates into strong earnings territory immediately, with first-year salaries of $72,064 that climb to nearly $95,000 by year four. While these numbers place graduates in the 95th percentile nationally—earning roughly 40% more than the typical economics graduate—Rhode Island context tells a more nuanced story. Among the state's eight economics programs, Brown ranks in the 60th percentile, trailing Providence College by a few thousand dollars initially. Still, Brown graduates carry just $13,000 in median debt, less than half the state average and among the lowest debt loads for any economics program in the country.
The 32% earnings growth over four years suggests graduates are gaining traction in competitive fields like finance, consulting, or tech—industries where Brown's network matters. The debt-to-earnings ratio of 0.18 means the typical graduate could theoretically pay off loans in about two months of gross salary, making this an extremely manageable investment. Given Brown's 5% acceptance rate, families should recognize this program serves an already elite-selected student body, which likely contributes to these outcomes.
For families who can navigate Brown's competitive admissions and afford the investment (note the low Pell Grant percentage), this economics degree delivers both strong immediate returns and career momentum. The minimal debt burden removes a major financial stressor that economics graduates at other schools face.
Where Brown University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Brown University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Brown University | $72,064 | $94,824 | +32% |
| Duke University | $98,649 | $153,139 | +55% |
| University of Chicago | $92,075 | $127,832 | +39% |
| Providence College | $69,364 | $90,036 | +30% |
| University of Rhode Island | $43,444 | $65,993 | +52% |
Compare to Similar Programs in Rhode Island
Economics bachelors's programs at peer institutions in Rhode Island (8 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $68,230 | $72,064 | $94,824 | $13,000 | 0.18 | |
| $60,848 | $69,364 | $90,036 | $26,000 | 0.37 | |
| $51,169 | $52,020 | — | — | — | |
| $16,408 | $43,444 | $65,993 | $23,375 | 0.54 | |
| National Median | — | $51,722 | — | $22,816 | 0.44 |
Career Paths
Occupations commonly associated with economics graduates
Economists
Environmental Economists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Statisticians
Biostatisticians
Economics Teachers, Postsecondary
Market Research Analysts and Marketing Specialists
Search Marketing Strategists
Secondary School Teachers, Except Special and Career/Technical Education
Survey Researchers
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 Brown University, 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 84 graduates with reported earnings and 88 graduates with debt data. Small samples may not be representative.