Economics at Emmanuel College
Bachelor's Degree
Analysis
Emmanuel College's economics program lands squarely at the national median for earnings but trails most Massachusetts competitors—falling in just the 40th percentile statewide at $51,698. That gap matters in a state where the typical economics grad earns $57,299, and elite programs like Harvard and Amherst produce six-figure earners. The small sample size (under 30 graduates) means individual career paths heavily influence these numbers, but the pattern suggests Emmanuel grads face stiffer competition in Boston's finance and consulting markets than peers from more selective programs.
The financial structure works in students' favor, though. At $27,000 in debt—barely above the state median despite the program's below-average earnings—graduates face a manageable 0.52 debt-to-earnings ratio. That's conservative compared to what many economics programs saddle students with, and it means loan payments won't dominate the budget even if starting salaries disappoint.
For families considering Emmanuel, this makes sense primarily as an affordable entry point to economics rather than a springboard to high-paying analyst roles. The degree opens doors, but students should plan to differentiate themselves through internships and networking since the credential alone won't carry the weight of Boston's top-tier programs. If your student can keep debt near this level and values Emmanuel's environment, the economics major is financially defensible—just set expectations accordingly about initial earning power.
Where Emmanuel College Stands
Earnings vs. debt across all economics bachelors's programs nationally
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 Emmanuel College graduates compare to all programs nationally
Emmanuel College graduates earn $52k, placing them in the 50th percentile of all economics bachelors programs nationally.
Compare to Similar Programs in Massachusetts
Economics bachelors's programs at peer institutions in Massachusetts (38 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Emmanuel College | $51,698 | — | $27,000 | 0.52 |
| Harvard University | $103,993 | $124,570 | $6,617 | 0.06 |
| Amherst College | $90,568 | $127,636 | $16,662 | 0.18 |
| Wellesley College | $86,367 | $91,749 | $11,190 | 0.13 |
| Williams College | $80,888 | $115,082 | $12,925 | 0.16 |
| Tufts University | $75,125 | $105,444 | $17,850 | 0.24 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Massachusetts
Compare tuition, earnings, and debt across Massachusetts schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Harvard University Cambridge | $59,076 | $103,993 | $6,617 |
| Amherst College Amherst | $67,280 | $90,568 | $16,662 |
| Wellesley College Wellesley | $64,320 | $86,367 | $11,190 |
| Williams College Williamstown | $64,860 | $80,888 | $12,925 |
| Tufts University Medford | $67,844 | $75,125 | $17,850 |
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 Emmanuel College, approximately 20% 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 28 graduates with reported earnings and 28 graduates with debt data. Small samples may not be representative.