Analysis
Economics programs in Massachusetts show dramatic variation in outcomes, with Harvard grads earning over $100,000 while the state median sits at $57,299. Based on comparable programs across the state, Suffolk graduates likely fall near that median—a respectable outcome that exceeds the national benchmark by about $5,500 but trails the state's elite liberal arts colleges and research universities by significant margins.
The estimated debt load of $24,500 creates a manageable debt-to-earnings ratio of 0.43, suggesting graduates could realistically handle their loans on typical starting salaries. What's encouraging is the actual four-year earnings figure of $58,245, which closely tracks the estimated first-year number—this consistency suggests steady, if unspectacular, career progression. For context, these earnings put Suffolk's economics program right in line with what you'd expect from a solid urban university serving a primarily regional market.
The challenge is that Suffolk lacks the institutional prestige and alumni networks of Boston's powerhouse schools. An economics degree here won't command the same immediate opportunities as one from across town, but it delivers reasonable value at a significantly lower debt burden than many private alternatives. For families focused on Boston's job market without Ivy-level credentials or budgets, this represents a practical path into business and finance careers—just recognize you're looking at typical outcomes, not exceptional ones.
Where Suffolk University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Suffolk University | — | $58,245 | — |
| 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)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $45,380 | $57,299* | $58,245 | $24,500* | — | |
| $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 Suffolk University, approximately 27% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 21 similar programs in MA. Actual outcomes may vary.