Analysis
An estimated $57,299 in first-year earnings places Mount Holyoke's economics program right at the Massachusetts median for the field, but well below the state's elite competition. While similar economics programs across Massachusetts produce outcomes in this range, nearby women's colleges like Wellesley report actual earnings of $86,367โa meaningful gap that parents should consider. The estimated debt of $24,500 is manageable relative to those earnings, with graduates needing roughly five months of gross income to cover what they borrowed. This debt-to-earnings ratio of 0.43 sits comfortably below concerning levels, though it's worth noting this figure comes from peer institutions rather than Mount Holyoke's own graduates.
The challenge here is understanding what you're getting for a selective liberal arts education. Mount Holyoke admits just 38% of applicants and enrolls students with strong academic credentials (average SAT of 1422), yet the estimated outcomes suggest returns more typical of the average Massachusetts economics program than of its direct peer institutions. Economics programs nationally produce a median of $51,722, so these Massachusetts-based estimates exceed that benchmark, but the question remains whether Mount Holyoke delivers outcomes closer to the state average or closer to its academic peers.
Without actual graduate data from Mount Holyoke, consider requesting information directly from the college about their economics alumni outcomes. The gap between these state-wide estimates and what top peer institutions report is substantial enough to warrant specific answers about where this program truly lands.
Where Mount Holyoke College 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 |
|---|---|---|---|---|---|
| $64,142 | $57,299* | โ | $24,500* | โ | |
| $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 | โ | $51,722* | โ | $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 Mount Holyoke 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.
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.