Analysis
Massachusetts economics programs show stark divides, with elite institutions producing six-figure earners while regional universities cluster closer to the state median of $57,299. Fitchburg State appears to land squarely in that middle tier—comparable programs across Massachusetts suggest first-year earnings around this figure, putting graduates roughly on par with the national 75th percentile for economics degrees.
The estimated debt load of $26,500 translates to a manageable debt-to-earnings ratio of 0.46, meaning typical monthly payments would consume less than 5% of gross income. This is considerably better than many bachelor's programs and suggests graduates should be able to service their loans without excessive financial strain. The figure aligns closely with what similar public institutions in Massachusetts report, neither remarkably high nor exceptionally low.
The challenge here is that these estimates are drawn from peer programs—we don't know how Fitchburg State's specific graduates perform. For an open-enrollment public university with modest test scores, the state median may even be optimistic if students face regional employment constraints or lack the career networks that boost earnings at more selective schools. If the actual outcomes approach $50,000 rather than $57,000, the picture becomes tighter financially. Your child needs a clear plan for leveraging the degree—internships, strong quantitative skills development, and targeted networking—to hit that median mark rather than falling below it.
Where Fitchburg State University Stands
Earnings vs. debt across all economics bachelors's programs nationally
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 |
|---|---|---|---|---|---|
| $11,046 | $57,299* | — | $26,500* | — | |
| $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 Fitchburg State University, approximately 31% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 21 similar programs in MA. Actual outcomes may vary.