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
Earnings Distribution
How Northeastern University 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 |
|---|---|---|---|
| Northeastern University | $70,531 | $81,504 | +16% |
| Amherst College | $90,568 | $127,636 | +41% |
| Harvard University | $103,993 | $124,570 | +20% |
| Williams College | $80,888 | $115,082 | +42% |
| Tufts University | $75,125 | $105,444 | +40% |
Compare to Similar Programs in Massachusetts
Economics bachelors's programs at peer institutions in Massachusetts (38 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $63,141 | $70,531 | $81,504 | $24,500 | 0.35 | |
| $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 | — | $51,722 | — | $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 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.