Analysis
Drexel's Economics program punches well above its weight, delivering first-year earnings of nearly $71,000—dramatically higher than both the Pennsylvania median ($53,396) and the national benchmark ($51,722). At the 80th percentile among Pennsylvania economics programs, these graduates earn competitive salaries approaching those from elite institutions like Bucknell and Lafayette, despite Drexel's 78% admission rate making it far more accessible. The $29,000 in typical debt represents excellent value: graduates owe just 41 cents for every dollar earned in year one, and they're borrowing only slightly more than state and national medians while earning substantially more.
The program's strength likely reflects Drexel's signature co-op model, which cycles students through paid work experiences with Philadelphia employers. This translates to both immediate earnings power and healthy growth—salaries climb 18% to nearly $84,000 by year four. While Drexel trails Penn and Carnegie Mellon (as nearly everyone does), the earnings gap is far smaller than the admissions selectivity gap would suggest.
For families seeking strong return on investment without Ivy-level competition, this program delivers. Your child gets near-elite economics outcomes with manageable debt and a realistic admission prospect—an unusual combination in Pennsylvania's crowded higher education landscape.
Where Drexel University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Drexel 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 |
|---|---|---|---|
| Drexel University | $70,967 | $83,676 | +18% |
| University of Pennsylvania | $89,097 | $125,816 | +41% |
| Swarthmore College | $76,944 | $105,566 | +37% |
| Carnegie Mellon University | $86,284 | $94,093 | +9% |
| Lafayette College | $68,164 | $88,504 | +30% |
Compare to Similar Programs in Pennsylvania
Economics bachelors's programs at peer institutions in Pennsylvania (49 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $60,663 | $70,967 | $83,676 | $29,000 | 0.41 | |
| $66,104 | $89,097 | $125,816 | $14,000 | 0.16 | |
| $63,829 | $86,284 | $94,093 | $22,020 | 0.26 | |
| $62,412 | $76,944 | $105,566 | $19,500 | 0.25 | |
| $64,772 | $70,946 | $79,134 | $25,888 | 0.36 | |
| $62,574 | $68,164 | $88,504 | $19,500 | 0.29 | |
| 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 Drexel University, approximately 25% 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 48 graduates with reported earnings and 39 graduates with debt data. Small samples may not be representative.