Analysis
Dartmouth's economics degree launches graduates into earnings nearly double the national median for the field, with first-year income of $94,675 climbing to $118,120 by year four. Among New Hampshire's seven economics programs, this places in the 80th percentile—substantially ahead of UNH's $54,328 but comparable to Southern New Hampshire's outcomes at roughly $70,000. The real standout is the national comparison: Dartmouth ranks in the 95th percentile among all 808 schools offering economics degrees, meaning only 5% of programs deliver better results.
The debt picture makes this particularly compelling. At $18,400, graduates carry less than a fifth of their first-year salary in loans—one of the best debt-to-earnings ratios you'll find at this earnings level. While that's slightly above New Hampshire's state median debt of $19,500, the higher borrowing is more than justified by the outsized earnings advantage. The 25% salary growth from year one to year four also suggests strong career trajectory rather than a compensation ceiling.
For families who can navigate Dartmouth's 6% admission rate, this represents economics education at its most effective. The combination of immediate high earnings, manageable debt, and continued income growth makes the ROI straightforward, even for the 85% of students who don't receive Pell grants and likely face the full cost of attendance.
Where Dartmouth College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Dartmouth College 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 |
|---|---|---|---|
| Dartmouth College | $94,675 | $118,120 | +25% |
| Duke University | $98,649 | $153,139 | +55% |
| University of Chicago | $92,075 | $127,832 | +39% |
| Southern New Hampshire University | $69,807 | $91,624 | +31% |
| University of New Hampshire-Main Campus | $54,328 | $66,335 | +22% |
Compare to Similar Programs in New Hampshire
Economics bachelors's programs at peer institutions in New Hampshire (7 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $65,739 | $94,675 | $118,120 | $18,400 | 0.19 | |
| $16,450 | $69,807 | $91,624 | $19,500 | 0.28 | |
| $19,112 | $54,328 | $66,335 | $25,897 | 0.48 | |
| 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 Dartmouth College, 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 123 graduates with reported earnings and 82 graduates with debt data. Small samples may not be representative.