Economics at Carleton College
Northfield, MN · Bachelor's Degree · about 37 graduates a year
Carleton College graduates in economics earn 5% more than the national median for the same major four years after graduating. Their median federal debt equals about 22% of one year’s pay at that point.
How Carleton College 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 |
| … | |||||
| 122 | University of California-San Diego La Jolla, CA | $87,307 | $79,444 | #176 | $51,192 |
| 123 | University of Washington-Seattle Campus Seattle, WA | $87,239 | $80,241 | #161 | $53,934 |
| 124 | University of Washington-Tacoma Campus Tacoma, WA | $87,239 | $80,241 | #162 | $53,934 |
| 125 | Carleton College Northfield, MN | $87,193 | $83,288 | #132 | $66,567 |
| 126 | Oberlin College Oberlin, OH | $87,120 | $92,970 | #83 | $61,713 |
| 127 | Eastern Michigan University Ypsilanti, MI | $86,909 | $91,635 | #88 | $30,569 |
| 128 | University of Illinois Urbana-Champaign Champaign, IL | $86,860 | $85,339 | #119 | $58,921 |
Other Majors at Carleton College by Graduate Pay
| Major | 4 yrs after | 1 yr after | Rank in major |
|---|---|---|---|
| Computer Science | — | $88,132 | — |
| Political Science and Government | $53,975 | $29,858 | #456 of 565 |
| Geological and Earth Sciences/Geosciences | — | $40,371 | — |
| Research and Experimental Psychology | — | $39,238 | — |
| Biology | — | $30,726 | — |
| English Language and Literature | — | $20,780 | — |
Frequently Asked Questions
How much do Carleton College economics graduates make?
Graduates earn a median $66,567 one year after graduating and $87,193 four years after graduating. Figures are from the U.S. Department of Education College Scorecard.
How does Carleton College rank for economics?
Among 368 colleges reporting earnings for economics graduates, Carleton College ranks #125 by median pay four years after graduation, and #132 after adjusting for state wage levels.
Is economics at Carleton College worth it?
Its graduates earn 5% more than the national median for economics ($82,686), and the median federal debt at graduation is $19,500.
← All data for Carleton College · 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.