Analysis
Providence College economics graduates start strong at $69,364—well above the national median of $51,722 and trailing only Brown University among Rhode Island schools. That 60th percentile state ranking is actually more impressive than it sounds: with just eight economics programs in Rhode Island, this program sits solidly in the middle tier below Brown but significantly outperforming larger state schools like URI. The $26,000 in median debt translates to a manageable 0.37 debt-to-earnings ratio, and earnings jump 30% to over $90,000 by year four.
The value proposition here is straightforward: you're paying for a selective liberal arts education (49% acceptance rate, 1342 SAT average) that delivers professional-level economics outcomes without the Ivy League price tag. The low Pell grant enrollment (13%) suggests families here are often paying more than the median debt figure indicates, so understand that $26,000 represents borrowing, not total cost.
For families committed to a small-college environment in the Northeast, this program performs well. The earnings put graduates in the 91st percentile nationally while keeping debt below the 18th percentile—that's the kind of combination that makes monthly loan payments feel manageable rather than crushing. Just recognize you're competing primarily with Brown graduates in the local market, though the salary gap narrows considerably after the first year.
Where Providence College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Providence College 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 |
|---|---|---|---|
| Providence College | $69,364 | $90,036 | +30% |
| Duke University | $98,649 | $153,139 | +55% |
| University of Chicago | $92,075 | $127,832 | +39% |
| Brown University | $72,064 | $94,824 | +32% |
| University of Rhode Island | $43,444 | $65,993 | +52% |
Compare to Similar Programs in Rhode Island
Economics bachelors's programs at peer institutions in Rhode Island (8 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $60,848 | $69,364 | $90,036 | $26,000 | 0.37 | |
| $68,230 | $72,064 | $94,824 | $13,000 | 0.18 | |
| $51,169 | $52,020 | — | — | — | |
| $16,408 | $43,444 | $65,993 | $23,375 | 0.54 | |
| 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 Providence College, approximately 13% 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 43 graduates with reported earnings and 47 graduates with debt data. Small samples may not be representative.