Economics at Wayne State University

Detroit, MI · Bachelor's Degree · about 28 graduates a year

$50,648
Median pay 1 year after graduating
$63,972
Median pay 4 years after graduating
$82,686
National median for this major (4 yrs)
#330 of 368
Rank by pay
#284 of 368
Rank, wage-adjusted
$19,374
Median federal debt

Wayne State University graduates in economics earn 23% less than the national median for the same major four years after graduating. Their median federal debt equals about 30% of one year’s pay at that point.

How Wayne 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
…
327South Dakota State University Brookings, SD$64,432$69,354#268$44,663
328Western Washington University Bellingham, WA$64,123$58,979#343$45,401
329Howard University Washington, DC$63,972$56,056#352—
330Wayne State University Detroit, MI$63,972$67,451#284$50,648
331Stockton University Galloway, NJ$63,582$55,805#353—
332University of Illinois Chicago Chicago, IL$63,429$62,319#321$37,767
333University at Albany Albany, NY$63,331$60,278#338$37,188

Other Majors at Wayne State University by Graduate Pay

Major4 yrs after1 yr afterRank in major
Biomedical/Medical Engineering$106,048—#15 of 118
Computer and Information Sciences$104,630$77,371#97 of 459
Industrial Engineering$101,990$77,815#27 of 94
Electrical, Electronics, and Communications Engineering$100,944$78,738#91 of 258
Allied Health and Medical Assisting Services$99,777—#1 of 13
Mechanical Engineering Related Technologies/Technicians$97,257—#4 of 61
Electrical/Electronic Engineering Technologies/Technicians$96,821$82,524#7 of 46
Mechanical Engineering$94,869$74,457#93 of 318
Chemical Engineering$93,047$71,373#107 of 158
Health Professions and Related Clinical Sciences$92,707—#5 of 61
Construction Engineering Technology/Technician$84,695$53,310#36 of 43
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing$84,405$74,793#554 of 966
Civil Engineering$84,157$73,488#131 of 233
Management Information Systems and Services$80,630$59,352#88 of 166
International Business$79,882$59,350#35 of 115
Allied Health Diagnostic, Intervention, and Treatment Professions$78,391$63,970#79 of 253
Finance and Financial Management Services$74,703$56,804#267 of 452
Accounting and Related Services$73,940$52,668#378 of 796
Marketing$67,504$47,929#237 of 516
Clinical/Medical Laboratory Science/Research and Allied Professions$67,284$70,611#74 of 93
Liberal Arts and Sciences, General Studies and Humanities$66,426$25,046#45 of 476
Public Administration$66,396$38,767#22 of 47
Mathematics$64,547—#215 of 309
Chemistry$63,079$35,813#141 of 209
Funeral Service and Mortuary Science$62,954$52,829#3 of 6
Political Science and Government$61,466$30,345#295 of 565
Human Resources Management and Services$61,121$48,324#157 of 187
Public Relations, Advertising, and Applied Communication$59,025$41,306#115 of 178
Urban Studies/Affairs$58,915$43,811#18 of 30
Foods, Nutrition, and Related Services$58,871$34,303#18 of 50

Frequently Asked Questions

How much do Wayne State University economics graduates make?

Graduates earn a median $50,648 one year after graduating and $63,972 four years after graduating. Figures are from the U.S. Department of Education College Scorecard.

How does Wayne State University rank for economics?

Among 368 colleges reporting earnings for economics graduates, Wayne State University ranks #330 by median pay four years after graduation, and #284 after adjusting for state wage levels.

Is economics at Wayne State University worth it?

Its graduates earn 23% less than the national median for economics ($82,686), and the median federal debt at graduation is $19,374.

← All data for Wayne 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.