Analysis
Lafayette College economics graduates are earning about $15,000 more than Pennsylvania's median just one year out, putting them in striking distance of powerhouse programs at Carnegie Mellon and Bucknell. Among Pennsylvania's 49 economics programs, this performance lands in the 80th percentileβimpressive company for a program that costs students only $19,500 in median debt. That debt load sits well below both the state average of $25,782 and the national benchmark of $22,816, creating a debt-to-earnings ratio of 0.29 that most parents would consider quite manageable.
The real story here is trajectory: earnings jump 30% by year four, reaching $88,504. While that's still below Penn's stratospheric numbers, it closes the gap considerably and suggests Lafayette's liberal arts environment combined with selective admissions (31% acceptance rate, 1419 SAT) is building strong career momentum. The moderate sample size means individual outcomes may vary more than at larger programs, but the pattern is encouraging.
For families weighing Lafayette's economics program, you're looking at top-quintile performance in Pennsylvania with below-average debtβa combination that's hard to find. The strong four-year earnings growth indicates graduates are positioning themselves well for career advancement, not just landing decent first jobs.
Where Lafayette College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Lafayette 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 |
|---|---|---|---|
| Lafayette College | $68,164 | $88,504 | +30% |
| University of Pennsylvania | $89,097 | $125,816 | +41% |
| Swarthmore College | $76,944 | $105,566 | +37% |
| Carnegie Mellon University | $86,284 | $94,093 | +9% |
| Villanova University | $67,065 | $88,087 | +31% |
Compare to Similar Programs in Pennsylvania
Economics bachelors's programs at peer institutions in Pennsylvania (49 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $62,574 | $68,164 | $88,504 | $19,500 | 0.29 | |
| $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 | |
| $60,663 | $70,967 | $83,676 | $29,000 | 0.41 | |
| $64,772 | $70,946 | $79,134 | $25,888 | 0.36 | |
| National Median | β | $51,722 | β | $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 Lafayette College, approximately 10% 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 60 graduates with reported earnings and 66 graduates with debt data. Small samples may not be representative.