Analysis
Northeastern's Oakland campus carries the selective admissions profile of a prestigious institution—17% acceptance rate, 1472 average SAT—but the economics program's outcomes tell a more sobering story. With estimated first-year earnings around $51,000 (based on California's median for economics bachelor's programs), graduates start considerably behind what you'd expect from a school competing with Stanford and Berkeley for the same caliber of students. By year four, earnings jump to $81,500, suggesting strong trajectory, but that initial gap matters when you're carrying $24,500 in debt from a private university experience.
The comparison to California's top economics programs is stark: Stanford grads earn nearly double in their first year, Berkeley grads $30,000 more. Even accounting for estimation uncertainty, Northeastern Oakland appears positioned in the middle of California's economics landscape rather than at the top tier its admissions selectivity would suggest. The debt load, while manageable at roughly half the first year's salary, exceeds both state and national medians for economics programs—unusual for outcomes that track to state averages.
For parents, the tension is clear: you're paying private university prices and clearing a highly selective admissions bar, but the estimated returns align with typical California economics programs rather than elite ones. Unless Northeastern Oakland offers compelling career services, network access, or geographic advantages specific to your student's goals, comparable outcomes may be available at lower cost elsewhere in the state.
Where Northeastern University Oakland Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Northeastern University Oakland | — | $81,504 | — |
| Stanford University | $98,104 | $127,416 | +30% |
| Claremont McKenna College | $89,505 | $115,832 | +29% |
| University of California-Berkeley | $80,446 | $106,624 | +33% |
| Santa Clara University | $76,606 | $102,794 | +34% |
Compare to Similar Programs in California
Economics bachelors's programs at peer institutions in California (55 total in state)
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $63,949 | $51,212* | $81,504 | $24,500 | — | |
| $62,484 | $98,104* | $127,416 | $12,500 | 0.13 | |
| $64,150 | $89,505* | $115,832 | $12,000 | 0.13 | |
| $14,850 | $80,446* | $106,624 | $13,000 | 0.16 | |
| $59,241 | $76,606* | $102,794 | $19,500 | 0.25 | |
| $62,326 | $70,051* | $100,669 | — | — | |
| National Median | — | $51,722* | — | $22,816 | 0.44 |
Career Paths
Occupations commonly associated with economics graduates
Economists
Environmental Economists
Statisticians
Biostatisticians
Clinical Data Managers
Economics Teachers, Postsecondary
Market Research Analysts and Marketing Specialists
Secondary School Teachers, Except Special and Career/Technical Education
Survey Researchers
Managers, All Other
Regulatory Affairs Managers
Compliance Managers
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). 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 35 similar programs in CA. Actual outcomes may vary.