Economics at Princeton University
Bachelor's Degree
Analysis
Princeton Economics graduates earn nearly double the national median for the degree—$103,041 versus $51,722—while carrying roughly half the typical debt burden. This isn't just impressive in absolute terms; among New Jersey economics programs, Princeton ranks at the 95th percentile for earnings, far outpacing even strong programs like The College of New Jersey ($62,218). The debt-to-earnings ratio of 0.11 means graduates owe just over one month's salary, a remarkably manageable position that few programs match.
The numbers reflect both Princeton's elite status (5% admission rate, 1535 average SAT) and its substantial financial aid resources—though only 19% of students receive Pell grants, those who do graduate with debt loads well below national norms. The moderate sample size of 30-100 graduates is typical for an Ivy League economics program and doesn't undermine the reliability of these figures.
For families who can navigate Princeton's highly selective admissions, the economics program delivers exceptional return on investment. The combination of top-5-percentile earnings and minimal debt creates unusual financial flexibility for graduates entering careers in finance, consulting, policy, or graduate school. While admission remains the primary barrier, the program's financial outcomes justify the competitive application process for students with realistic chances of acceptance.
Where Princeton 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 Princeton University graduates compare to all programs nationally
Princeton University graduates earn $103k, placing them in the 95th percentile of all economics bachelors programs nationally.
Compare to Similar Programs in New Jersey
Economics bachelors's programs at peer institutions in New Jersey (20 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Princeton University | $103,041 | — | $11,250 | 0.11 |
| The College of New Jersey | $62,218 | $67,369 | $23,500 | 0.38 |
| Rutgers University-Newark | $51,848 | $78,565 | $24,965 | 0.48 |
| Rutgers University-Camden | $51,848 | $78,565 | $24,965 | 0.48 |
| Rutgers University-New Brunswick | $51,848 | $78,565 | $24,965 | 0.48 |
| Seton Hall University | $51,464 | $64,328 | $21,413 | 0.42 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in New Jersey
Compare tuition, earnings, and debt across New Jersey schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| The College of New Jersey Ewing | $18,685 | $62,218 | $23,500 |
| Rutgers University-Newark Newark | $16,586 | $51,848 | $24,965 |
| Rutgers University-Camden Camden | $17,079 | $51,848 | $24,965 |
| Rutgers University-New Brunswick New Brunswick | $17,239 | $51,848 | $24,965 |
| Seton Hall University South Orange | $51,370 | $51,464 | $21,413 |
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 Princeton University, approximately 19% 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 60 graduates with reported earnings and 20 graduates with debt data. Small samples may not be representative.