Analysis
Holy Cross economics graduates start at nearly $70,000—34% above the national median for the degree and 21% above Massachusetts schools. While the program trails elite competitors like Harvard and Amherst, it sits firmly in the state's top tier, ahead of Tufts and Williams in first-year outcomes. The ranking in the 60th percentile among Massachusetts economics programs is actually impressive given the concentration of prestigious institutions in the state.
The financial picture is unusually clean. At $27,000 in median debt—just slightly above the national median but less than many peer institutions—graduates face a debt burden that's only 0.39 times their starting salary. That's a manageable ratio that most families would consider reasonable. Strong 39% earnings growth to nearly $96,500 by year four suggests Holy Cross's liberal arts network and brand continue to open doors as graduates establish their careers.
For families willing to invest in a selective liberal arts education (21% admission rate, average SAT above 1350), this represents solid economic value. You're not paying Harvard tuition but getting outcomes that compete respectably with far more famous names. The economics program appears to be a strength at Holy Cross, delivering both strong starting salaries and continued career momentum with debt levels that won't anchor graduates for years.
Where College of the Holy Cross Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How College of the Holy Cross 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 |
|---|---|---|---|
| College of the Holy Cross | $69,288 | $96,461 | +39% |
| Amherst College | $90,568 | $127,636 | +41% |
| Harvard University | $103,993 | $124,570 | +20% |
| Williams College | $80,888 | $115,082 | +42% |
| Tufts University | $75,125 | $105,444 | +40% |
Compare to Similar Programs in Massachusetts
Economics bachelors's programs at peer institutions in Massachusetts (38 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $60,850 | $69,288 | $96,461 | $27,000 | 0.39 | |
| $59,076 | $103,993 | $124,570 | $6,617 | 0.06 | |
| $67,280 | $90,568 | $127,636 | $16,662 | 0.18 | |
| $64,320 | $86,367 | $91,749 | $11,190 | 0.13 | |
| $64,860 | $80,888 | $115,082 | $12,925 | 0.16 | |
| $67,844 | $75,125 | $105,444 | $17,850 | 0.24 | |
| 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 College of the Holy Cross, approximately 15% 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 128 graduates with reported earnings and 128 graduates with debt data. Small samples may not be representative.