Analysis
Based on comparable economics programs in Massachusetts, WPI graduates can expect first-year earnings around $57,000βa figure that aligns with the state median but falls well short of what elite liberal arts colleges and research universities produce. The real standout programs in Massachusetts, like Harvard and Amherst, generate nearly double these returns, creating a significant earnings gap that's worth understanding given WPI's technical focus and strong reputation in engineering fields.
The estimated debt load of $24,500 translates to a manageable debt-to-earnings ratio of 0.43, suggesting graduates could reasonably pay down loans within a few years of starting work. This positions the program as financially viable, though not exceptionalβyou're looking at typical outcomes for economics degrees in Massachusetts, where the field tends to generate solid but not spectacular returns for most programs outside the Ivy League tier.
The critical question is whether WPI's STEM-focused environment adds unique value to an economics degree. With only 10% of students receiving Pell grants and a 59% admission rate, you're paying for access to a selective technical institution. If your child plans to combine economics with data science, analytics, or quantitative skills where WPI excels, that integration could justify the investment. But if they're pursuing traditional economics alone, these estimated figures suggest the program performs at the middle of the pack rather than leveraging WPI's technical strengths for outsized returns.
Where Worcester Polytechnic Institute Stands
Earnings vs. debt across all economics bachelors's programs nationally
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 |
|---|---|---|---|---|---|
| $59,070 | $57,299* | β | $24,500* | β | |
| $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 | β | $51,722* | β | $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 Worcester Polytechnic Institute, approximately 10% 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.