Economics at Tufts University
Bachelor's Degree
Analysis
Tufts economics graduates earn $75,000 in their first year—45% above the national median and significantly higher than most Massachusetts programs. Among the state's 38 economics programs, Tufts ranks in the 80th percentile, trailing only a handful of elite institutions like Harvard and Amherst. By year four, earnings jump to over $105,000, a 40% increase that suggests graduates are landing roles with genuine career advancement potential.
The financial equation is remarkably favorable. At under $18,000 in median debt—about 30% below what typical economics majors borrow—the debt burden represents just three months of first-year salary. This combination of strong earnings and modest debt places Tufts among the better values in Massachusetts economics, particularly considering the school's highly selective admissions profile typically correlates with valuable networking and recruiting access.
For families weighing the investment, this program delivers tangible returns without the crushing debt often associated with private universities. While a few elite competitors post higher earnings, Tufts offers a compelling middle ground: outcomes that rival many top-tier schools at a debt load closer to public university levels. The moderate sample size means individual results will vary, but the pattern is clear enough to warrant serious consideration.
Where Tufts 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 Tufts University graduates compare to all programs nationally
Tufts University graduates earn $75k, placing them in the 95th percentile of all economics bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Massachusetts
Economics bachelors's programs at peer institutions in Massachusetts (38 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Tufts University | $75,125 | $105,444 | $17,850 | 0.24 |
| Harvard University | $103,993 | $124,570 | $6,617 | 0.06 |
| Amherst College | $90,568 | $127,636 | $16,662 | 0.18 |
| Wellesley College | $86,367 | $91,749 | $11,190 | 0.13 |
| Williams College | $80,888 | $115,082 | $12,925 | 0.16 |
| Boston College | $72,099 | $93,934 | $18,000 | 0.25 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in Massachusetts
Compare tuition, earnings, and debt across Massachusetts schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Harvard University Cambridge | $59,076 | $103,993 | $6,617 |
| Amherst College Amherst | $67,280 | $90,568 | $16,662 |
| Wellesley College Wellesley | $64,320 | $86,367 | $11,190 |
| Williams College Williamstown | $64,860 | $80,888 | $12,925 |
| Boston College Chestnut Hill | $67,680 | $72,099 | $18,000 |
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 Tufts 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 96 graduates with reported earnings and 75 graduates with debt data. Small samples may not be representative.