Economics at Northeastern University
Bachelor's Degree
Analysis
Northeastern's economics program launches graduates into the job market earning $70,531—well above the national median of $51,722 and outperforming 93% of economics programs nationwide. That's impressive until you consider the Massachusetts context: among Bay State economics programs, this ranks at the 60th percentile, trailing not just the Ivy-caliber schools but also regional competitors like Tufts and several liberal arts colleges. For a highly selective program (6% admission rate, 1505 average SAT), these returns suggest students are paying more for the co-op model and brand than for economic mobility that dramatically exceeds what's available at other strong Massachusetts universities.
The debt picture is reasonable at $24,500—essentially matching the state median and creating a manageable 0.35 debt-to-earnings ratio. Graduates see solid 16% earnings growth to $81,504 by year four, indicating the Northeastern network and co-op connections do provide career acceleration. The question for Massachusetts families is whether these outcomes justify the school's premium tuition when UMass Amherst or other state options might deliver comparable economics training at lower cost.
Bottom line: This program works—graduates earn well and manage their debt—but it doesn't provide the standout advantage you might expect from such a selective institution. For students who would attend at in-state tuition elsewhere, the math gets harder to justify.
Where Northeastern University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Northeastern University graduates compare to all programs nationally
Northeastern University graduates earn $71k, placing them in the 93th percentile of all economics bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Massachusetts
Economics bachelors's programs at peer institutions in Massachusetts (38 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Northeastern University | $70,531 | $81,504 | $24,500 | 0.35 |
| Harvard University | $103,993 | $124,570 | $6,617 | 0.06 |
| Amherst College | $90,568 | $127,636 | $16,662 | 0.18 |
| Wellesley College | $86,367 | $91,749 | $11,190 | 0.13 |
| Williams College | $80,888 | $115,082 | $12,925 | 0.16 |
| Tufts University | $75,125 | $105,444 | $17,850 | 0.24 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Massachusetts
Compare tuition, earnings, and debt across Massachusetts schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Harvard University Cambridge | $59,076 | $103,993 | $6,617 |
| Amherst College Amherst | $67,280 | $90,568 | $16,662 |
| Wellesley College Wellesley | $64,320 | $86,367 | $11,190 |
| Williams College Williamstown | $64,860 | $80,888 | $12,925 |
| Tufts University Medford | $67,844 | $75,125 | $17,850 |
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 Northeastern University, approximately 12% 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 122 graduates with reported earnings and 115 graduates with debt data. Small samples may not be representative.