Economics at University of Chicago
Chicago, IL · Bachelor's Degree · about 622 graduates a year
University of Chicago graduates in economics earn 93% more than the national median for the same major four years after graduating. Their median federal debt equals about 8% of one year’s pay at that point.
How University of Chicago Compares for Economics
All 368 colleges reporting economics earnings at this degree level, ranked by median pay four years after graduation. “Wage-adjusted” divides pay by the square root of the state’s wage index so colleges in low-wage states aren’t penalized for local pay.
| # | College | 4 yrs after | Wage-adjusted | Adj. rank | 1 yr after |
|---|---|---|---|---|---|
| 1 | Williams College Williamstown, MA | $166,678 | $146,777 | #5 | $80,888 |
| 2 | Duke University Durham, NC | $161,149 | $172,936 | #1 | $98,649 |
| 3 | Princeton University Princeton, NJ | $160,763 | $141,099 | #6 | $103,041 |
| 4 | University of Chicago Chicago, IL | $159,578 | $156,784 | #2 | $92,075 |
| 5 | Harvard University Cambridge, MA | $155,592 | $137,015 | #8 | $103,993 |
| 6 | Dartmouth College Hanover, NH | $152,929 | $140,863 | #7 | $94,675 |
| 7 | Claremont McKenna College Claremont, CA | $146,524 | $133,327 | #9 | $89,505 |
| 8 | Carnegie Mellon University Pittsburgh, PA | $144,886 | $147,350 | #4 | $86,284 |
| 9 | Yale University New Haven, CT | $142,936 | $128,688 | #17 | $82,617 |
| 10 | Amherst College Amherst, MA | $141,730 | $124,808 | #19 | $90,568 |
Other Majors at University of Chicago by Graduate Pay
| Major | 4 yrs after | 1 yr after | Rank in major |
|---|---|---|---|
| Computer Science | $178,068 | $117,578 | #18 of 349 |
| Mathematics | $172,826 | $100,421 | #3 of 309 |
| Statistics | $130,189 | $82,681 | #5 of 50 |
| Liberal Arts and Sciences, General Studies and Humanities | $96,510 | — | #6 of 476 |
| Public Policy Analysis | $94,237 | $60,057 | #5 of 34 |
| Political Science and Government | $87,869 | $56,022 | #26 of 565 |
| English Language and Literature | $78,169 | $44,397 | #4 of 576 |
| Research and Experimental Psychology | $73,483 | $31,986 | #11 of 82 |
| Philosophy | $71,709 | — | #9 of 86 |
| History | $64,330 | $46,616 | #37 of 459 |
| Clinical, Counseling and Applied Psychology | $59,898 | $39,808 | #17 of 59 |
| Biology | $59,794 | $35,275 | #343 of 841 |
| Neurobiology and Neurosciences | — | $37,246 | — |
Frequently Asked Questions
How much do University of Chicago economics graduates make?
Graduates earn a median $92,075 one year after graduating and $159,578 four years after graduating. Figures are from the U.S. Department of Education College Scorecard.
How does University of Chicago rank for economics?
Among 368 colleges reporting earnings for economics graduates, University of Chicago ranks #4 by median pay four years after graduation, and #2 after adjusting for state wage levels.
Is economics at University of Chicago worth it?
Its graduates earn 93% more than the national median for economics ($82,686), and the median federal debt at graduation is $13,395.
← All data for University of Chicago · Methodology
Source: U.S. Department of Education College Scorecard, field-of-study data. Earnings are medians for graduates who received federal aid and were working and not enrolled; programs with few graduates are not reported. Wage adjustment uses Census ACS state median household income.