Bates College Economics (Bachelor's): Tuition, Graduate Salary, and Debt
- Bachelor's in Economics
- Private nonprofit college
- Lewiston, ME
- About 65 graduates a year
College Scorecard June 2026 release · BLS wages May 2025
The short answer
Bates College economics graduates earn more than graduates of most economics programs nationally, $71,187 in their first year. Where this program stands out is debt. The typical graduate leaves with $13,000 in federal loans, less than at 93% of economics programs in the country. Strong value, but not one of the highest-paying economics degrees in Maine.
How it compares
Each figure is the median for graduates of the program. The Maine and national columns are the medians across all economics bachelor's programs that report the figure.
Five years out, Bates College graduates earn more than the national figure but about $13,453 less than the Maine median.
Debt and first-year pay at every Maine economics program
Programs in the upper left give graduates higher pay for less debt. Dashed lines mark the Maine medians.
Hover over or tap a dot to see the school. Only programs that report both earnings and debt are shown.
What graduates earn over time
Pay rises about 53% between the first and fifth year.
Year 1 and year 5 figures come from different graduating classes, so the growth rate is an estimate.
Paying back the loans
On a standard 10-year plan, the median debt means a payment of about $138 a month, or 2.3% of a graduate's typical monthly pay in the first year.
The government publishes these as ranges to protect privacy. They were measured in 2018 to 2020, partly during the pandemic pause on federal loan payments, so the forbearance share may be higher than usual.
Where graduates work, and what the pay is worth
Prices in the Lewiston area are about 5% below the national average, so a $71,187 salary here buys what about $75,143 buys in a typical US city.
Careers this field leads to
These are the jobs that the federal crosswalk from fields of study to occupations links to economics, largest first. Pay is the median across all experience levels.
Secondary School Teachers, Except Special and Career/Technical Education
$64,880Median pay in Maine. 5,540 people work in this job in Maine. Nationally, jobs are projected to stay about the same in number from 2025 to 2035, with about 63,500 openings a year. Typical education to start: bachelor's degree.
Market Research Analysts and Marketing Specialists
$71,980Median pay in Maine. 2,390 people work in this job in Maine. Nationally, jobs are projected to grow 7% from 2025 to 2035, with about 82,000 openings a year. Typical education to start: bachelor's degree.
Data Scientists
$90,880Median pay in Maine. 1,210 people work in this job in Maine. Nationally, jobs are projected to grow 35% from 2025 to 2035, with about 24,800 openings a year. Typical education to start: bachelor's degree.
Social Science Research Assistants
$50,650Median pay in Maine. 120 people work in this job in Maine. Nationally, jobs are projected to grow 5% from 2025 to 2035, with about 4,900 openings a year. Typical education to start: bachelor's degree.
About Bates College
Economics ranks 1st of 8 bachelor's programs at Bates College by first-year earnings. The top three are Economics ($71,187), Experimental Psychology ($47,376), and Sociology ($42,170).
Other economics bachelor's programs near Lewiston
Common questions
The median graduate earns $71,187 one year after graduating and $108,673 five years after. The median across economics bachelor's programs in Maine is $71,187.
The median federal loan balance is $13,000, which ranks 2nd lowest of 5 economics bachelor's programs in Maine. That works out to about $138 a month over 10 years.
On the numbers, yes for most students. Debt equals 18% of first-year earnings, against a national median of 43%.
About this data
- Earnings and debt only include students who received federal financial aid (grants or loans).
- Earnings only count graduates who were working and not enrolled in more school. Graduates who went straight to further study are not included.
- Debt only includes federal loans. Private loans and credit cards are not counted.
- Some schools with several campuses report one combined figure for all of them. We count each of those schools once, and leave them out of Maine comparisons when their main campus is in another state.
- Scorecard figures describe graduating classes from several years ago. BLS wages are from May 2025.
- School-level numbers like tuition, admission rate, and graduation rate are for the whole school, not the economics program.
Sources
- U.S. Department of Education, College Scorecard, field of study and institution files, June 2026 release
- Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025
- Bureau of Labor Statistics, Employment Projections 2025 to 2035
- Bureau of Economic Analysis, Regional Price Parities, 2024
- NCES, CIP 2020 to SOC 2018 crosswalk, and IPEDS institution directory, 2024