Median Earnings (1yr)
$98,104
95th percentile
Median Debt
$12,500
45% below national median

Analysis

Stanford economics graduates start near six figures—$98,104 in their first year—which doubles the national median and places them at the very top of California programs, outearning even Claremont McKenna. The debt burden is remarkably light at $12,500, well below both state and national averages, creating a debt-to-earnings ratio of just 0.13. That means graduates owe roughly six weeks of salary, an exceptional outcome even for elite programs.

The trajectory looks strong too, with earnings climbing 30% to $127,416 by year four. While the sample size is small (under 30 graduates) and might not capture the full range of outcomes, the direction is clear: graduates are entering high-paying roles in finance, consulting, or tech—sectors where Stanford's network and recruiting pipeline create substantial advantages. The 4% admission rate means these students were already exceptional, but the program appears to deliver on its promise.

For families who can secure admission and manage Stanford's costs (generous aid helps—19% receive Pell grants), the numbers justify the investment. The real question isn't whether the program performs well—it clearly does—but whether your student can get in and whether the non-monetary aspects of Stanford's environment align with their goals.

Where Stanford University Stands

Earnings vs. debt across all economics bachelors's programs nationally

Earnings Distribution

How Stanford University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
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%
Pomona College$70,051$100,669+44%

Compare to Similar Programs in California

Economics bachelors's programs at peer institutions in California (55 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Stanford UniversityStanford$62,484$98,104$127,416$12,5000.13
Claremont McKenna CollegeClaremont$64,150$89,505$115,832$12,0000.13
University of California-BerkeleyBerkeley$14,850$80,446$106,624$13,0000.16
Santa Clara UniversitySanta Clara$59,241$76,606$102,794$19,5000.25
Pomona CollegeClaremont$62,326$70,051$100,669
California Polytechnic State University-San Luis ObispoSan Luis Obispo$11,075$67,501$76,499$18,5000.27
National Median$51,722$22,8160.44

Career Paths

Occupations commonly associated with economics graduates

Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

$115,440/yrJobs growth:Master's degree

Environmental Economists

Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.

$115,440/yrJobs growth:Master's degree

Data Scientists

Develop and implement a set of techniques or analytics applications to transform raw data into meaningful information using data-oriented programming languages and visualization software. Apply data mining, data modeling, natural language processing, and machine learning to extract and analyze information from large structured and unstructured datasets. Visualize, interpret, and report data findings. May create dynamic data reports.

$112,590/yrJobs growth:Bachelor's degree

Business Intelligence Analysts

Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources.

$112,590/yrJobs growth:Bachelor's degree

Clinical Data Managers

Apply knowledge of health care and database management to analyze clinical data, and to identify and report trends.

$112,590/yrJobs growth:Bachelor's degree

Statisticians

Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as biostatistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.

$104,350/yrJobs growth:Master's degree

Biostatisticians

Develop and apply biostatistical theory and methods to the study of life sciences.

$104,350/yrJobs growth:Master's degree

Economics Teachers, Postsecondary

Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Market Research Analysts and Marketing Specialists

Research conditions in local, regional, national, or online markets. Gather information to determine potential sales of a product or service, or plan a marketing or advertising campaign. May gather information on competitors, prices, sales, and methods of marketing and distribution. May employ search marketing tactics, analyze web metrics, and develop recommendations to increase search engine ranking and visibility to target markets.

$76,950/yrJobs growth:Bachelor's degree

Search Marketing Strategists

Employ search marketing tactics to increase visibility and engagement with content, products, or services in Internet-enabled devices or interfaces. Examine search query behaviors on general or specialty search engines or other Internet-based content. Analyze research, data, or technology to understand user intent and measure outcomes for ongoing optimization.

$76,950/yrJobs growth:Bachelor's degree

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

Survey Researchers

Plan, develop, or conduct surveys. May analyze and interpret the meaning of survey data, determine survey objectives, or suggest or test question wording. Includes social scientists who primarily design questionnaires or supervise survey teams.

$63,380/yrJobs growth:Master's degree
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 Stanford 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 29 graduates with reported earnings and 20 graduates with debt data. Small samples may not be representative.