Analysis
Middlebury's economics degree produces exceptional outcomes that justify its elite positioning. First-year graduates earn $85,879βnearly 66% above the national median for economics majors and 82% above Vermont's typical economics graduate. Among Vermont's four economics programs, Middlebury dominates, with graduates earning more than double what University of Vermont economics majors make ($38,452). Nationally, this program ranks in the 95th percentile, competing with top-tier programs while maintaining relatively manageable debt.
The value becomes even clearer over time. Earnings jump 46% to $125,751 by year four, translating to a debt-to-earnings ratio of just 0.23βmeaning graduates could theoretically pay off their entire student debt with roughly three months of their first year's salary. The $19,500 median debt sits below the national average for economics programs ($22,816), though it's higher than some Vermont schools. Given Middlebury's 10% acceptance rate and rigorous academics, these students likely arrive with strong credentials that open doors to competitive positions in finance, consulting, and tech.
For families who can manage Middlebury's cost of attendance, this economics program delivers clear ROI. The combination of elite credential, strong network, and immediate high earnings creates a foundation for long-term career success that few economics programs can match.
Where Middlebury College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Middlebury 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 |
|---|---|---|---|
| Middlebury College | $85,879 | $125,751 | +46% |
| Duke University | $98,649 | $153,139 | +55% |
| University of Chicago | $92,075 | $127,832 | +39% |
| Saint Michael's College | $47,211 | $57,722 | +22% |
| University of Vermont | $38,452 | $51,595 | +34% |
Compare to Similar Programs in Vermont
Economics bachelors's programs at peer institutions in Vermont (4 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $65,280 | $85,879 | $125,751 | $19,500 | 0.23 | |
| $50,040 | $47,211 | $57,722 | $24,500 | 0.52 | |
| $18,890 | $38,452 | $51,595 | $23,875 | 0.62 | |
| 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 Middlebury College, approximately 17% 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 55 graduates with reported earnings and 51 graduates with debt data. Small samples may not be representative.