Economics at Michigan State University

East Lansing, MI · Bachelor's Degree · about 274 graduates a year

$54,013
Median pay 1 year after graduating
$79,428
Median pay 4 years after graduating
$82,686
National median for this major (4 yrs)
#187 of 368
Rank by pay
#129 of 368
Rank, wage-adjusted
$22,231
Median federal debt

Michigan State University graduates in economics earn 4% less than the national median for the same major four years after graduating. Their median federal debt equals about 28% of one year’s pay at that point.

How Michigan State University 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.

#College4 yrs afterWage-adjustedAdj. rank1 yr after
1Williams College Williamstown, MA$166,678$146,777#5$80,888
2Duke University Durham, NC$161,149$172,936#1$98,649
3Princeton University Princeton, NJ$160,763$141,099#6$103,041
4University of Chicago Chicago, IL$159,578$156,784#2$92,075
5Harvard University Cambridge, MA$155,592$137,015#8$103,993
6Dartmouth College Hanover, NH$152,929$140,863#7$94,675
7Claremont McKenna College Claremont, CA$146,524$133,327#9$89,505
8Carnegie Mellon University Pittsburgh, PA$144,886$147,350#4$86,284
9Yale University New Haven, CT$142,936$128,688#17$82,617
10Amherst College Amherst, MA$141,730$124,808#19$90,568
…
184University of the Pacific Stockton, CA$79,510$72,349#245—
185Clemson University Clemson, SC$79,468$88,118#104$45,075
186Spelman College Atlanta, GA$79,456$82,253#140$59,907
187Michigan State University East Lansing, MI$79,428$83,748#129$54,013
188The College of Wooster Wooster, OH$79,310$84,636#123—
189University of Wisconsin-Oshkosh Oshkosh, WI$79,267$82,481#138$57,663
190Allegheny College Meadville, PA$79,018$80,362#160$51,722

Other Majors at Michigan State University by Graduate Pay

Major4 yrs after1 yr afterRank in major
Computer and Information Sciences$116,905$86,192#60 of 459
Computer Engineering$104,627$83,934#101 of 189
Engineering$102,301$75,058#10 of 57
Chemical Engineering$102,223$79,023#38 of 158
Finance and Financial Management Services$102,017$68,103#45 of 452
Electrical, Electronics, and Communications Engineering$100,481$83,874#99 of 258
Mechanical Engineering$97,946$80,259#53 of 318
Management Sciences and Quantitative Methods$97,236$69,443#30 of 126
Accounting and Related Services$96,093$65,965#73 of 796
Materials Engineering$95,761$78,276#8 of 34
Construction Engineering Technology/Technician$95,387$74,518#14 of 43
Engineering-Related Fields$94,143$76,563#11 of 33
Statistics$93,930$63,649#21 of 50
Business Administration, Management and Operations$91,187$71,253#50 of 1176
Civil Engineering$90,650$72,048#51 of 233
Marketing$90,453$57,275#22 of 516
Agricultural Engineering$86,498$65,396#10 of 26
Human Resources Management and Services$85,886$56,501#17 of 187
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing$80,129$75,081#707 of 966
Engineering$79,609$67,007#18 of 19
Middle/Near Eastern and Semitic Languages, Literatures, and Linguistics$75,147——
International Relations and National Security Studies$74,709$38,810#29 of 118
Computer/Information Technology Administration and Management$73,880$48,185#65 of 99
Non-Professional Legal Studies$72,414$33,752#6 of 39
Mathematics$72,226$47,951#138 of 309
City/Urban, Community, and Regional Planning$71,158—#6 of 17
Clinical/Medical Laboratory Science/Research and Allied Professions$70,940$47,202#64 of 93
Food Science and Technology$70,380$59,342#16 of 29
Hospitality Administration/Management$69,651$41,069#14 of 137
Public Relations, Advertising, and Applied Communication$69,300$45,158#45 of 178

Frequently Asked Questions

How much do Michigan State University economics graduates make?

Graduates earn a median $54,013 one year after graduating and $79,428 four years after graduating. Figures are from the U.S. Department of Education College Scorecard.

How does Michigan State University rank for economics?

Among 368 colleges reporting earnings for economics graduates, Michigan State University ranks #187 by median pay four years after graduation, and #129 after adjusting for state wage levels.

Is economics at Michigan State University worth it?

Its graduates earn 4% less than the national median for economics ($82,686), and the median federal debt at graduation is $22,231.

← All data for Michigan State University · 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.