Economics at University of Michigan-Ann Arbor

Ann Arbor, MI · Bachelor's Degree · about 608 graduates a year

$68,416
Median pay 1 year after graduating
$110,552
Median pay 4 years after graduating
$82,686
National median for this major (4 yrs)
#49 of 368
Rank by pay
#28 of 368
Rank, wage-adjusted
$18,750
Median federal debt

University of Michigan-Ann Arbor graduates in economics earn 34% more than the national median for the same major four years after graduating. Their median federal debt equals about 17% of one year’s pay at that point.

How University of Michigan-Ann Arbor 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
…
46Bates College Lewiston, ME$110,880$117,836#27$71,187
47University of Virginia-Main Campus Charlottesville, VA$110,773$100,869#60$74,958
48Grinnell College Grinnell, IA$110,724$116,468#29$46,791
49University of Michigan-Ann Arbor Ann Arbor, MI$110,552$116,564#28$68,416
50University of Rochester Rochester, NY$109,324$104,054#54$63,475
51Bucknell University Lewisburg, PA$108,422$110,266#40$70,946
52Connecticut College New London, CT$107,283$96,589#67$62,732

Other Majors at University of Michigan-Ann Arbor by Graduate Pay

Major4 yrs after1 yr afterRank in major
Computer and Information Sciences$172,904$113,634#8 of 459
Computer Software and Media Applications$162,114$98,117#1 of 54
Business Administration, Management and Operations$144,654$93,674#3 of 1176
Computer Engineering$142,071$92,501#18 of 189
Information Science/Studies$130,798$88,515#3 of 148
Multi/Interdisciplinary Studies$128,291$59,105#2 of 207
Industrial Engineering$117,930$86,476#4 of 94
Electrical, Electronics, and Communications Engineering$117,610$87,606#16 of 258
Aerospace, Aeronautical, and Astronautical/Space Engineering$115,075$80,225#4 of 59
Statistics$109,466$64,371#9 of 50
Chemical Engineering$109,405$79,551#19 of 158
Mathematics$109,146$80,676#18 of 309
Mechanical Engineering$105,888$82,823#16 of 318
Biomedical/Medical Engineering$102,342$70,307#22 of 118
Human Resources Management and Services$99,594$82,714#4 of 187
Materials Engineering$98,879$75,041#4 of 34
Naval Architecture and Marine Engineering$94,569—#4 of 6
Nuclear Engineering$94,330—#8 of 12
Physics$92,293$53,019#19 of 107
Civil Engineering$89,165$67,764#65 of 233
Environmental/Environmental Health Engineering$84,973$57,824#11 of 46
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing$82,265$75,458#636 of 966
Communication and Media Studies$79,648$50,556#10 of 660
Sports, Kinesiology, and Physical Education/Fitness$79,411$43,506#6 of 610
Cognitive Science$79,016$44,698#10 of 19
Public Health$78,928$36,181#10 of 215
Political Science and Government$77,480$39,702#50 of 565
Public Policy Analysis$73,749$49,685#14 of 34
International/Globalization Studies$72,545$44,446#7 of 87
Germanic Languages, Literatures, and Linguistics$68,898$41,286#2 of 6

Frequently Asked Questions

How much do University of Michigan-Ann Arbor economics graduates make?

Graduates earn a median $68,416 one year after graduating and $110,552 four years after graduating. Figures are from the U.S. Department of Education College Scorecard.

How does University of Michigan-Ann Arbor rank for economics?

Among 368 colleges reporting earnings for economics graduates, University of Michigan-Ann Arbor ranks #49 by median pay four years after graduation, and #28 after adjusting for state wage levels.

Is economics at University of Michigan-Ann Arbor worth it?

Its graduates earn 34% more than the national median for economics ($82,686), and the median federal debt at graduation is $18,750.

← All data for University of Michigan-Ann Arbor · 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.