Economics at Macalester College
Saint Paul, MN · Bachelor's Degree · about 61 graduates a year
Macalester College graduates in economics earn 4% more 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 Macalester 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 |
| … | |||||
| 131 | Rutgers University-Camden Camden, NJ | $86,120 | $75,586 | #217 | $51,848 |
| 132 | Rutgers University-New Brunswick New Brunswick, NJ | $86,120 | $75,586 | #218 | $51,848 |
| 133 | Rutgers University-Newark Newark, NJ | $86,120 | $75,586 | #219 | $51,848 |
| 134 | Macalester College Saint Paul, MN | $85,593 | $81,760 | #142 | $59,752 |
| 135 | University of Wisconsin-Madison Madison, WI | $85,366 | $88,827 | #103 | $54,495 |
| 136 | Utah State University Logan, UT | $85,136 | $80,689 | #151 | $60,472 |
| 137 | American University Washington, DC | $85,016 | $74,496 | #225 | $58,151 |
Other Majors at Macalester College by Graduate Pay
| Major | 4 yrs after | 1 yr after | Rank in major |
|---|---|---|---|
| Computer and Information Sciences | $109,457 | $81,964 | #81 of 459 |
| Mathematics | $91,979 | $57,166 | #39 of 309 |
| Political Science and Government | $58,555 | $39,439 | #359 of 565 |
| Biology | $56,141 | $35,616 | #486 of 841 |
| International/Globalization Studies | $56,091 | $21,176 | #46 of 87 |
| Geography and Cartography | $52,557 | $30,053 | #101 of 117 |
| Natural Resources Conservation and Research | $45,632 | $29,559 | #249 of 265 |
| Neurobiology and Neurosciences | — | $45,450 | — |
| Research and Experimental Psychology | — | $38,027 | — |
| Rhetoric and Composition/Writing Studies | — | $29,487 | — |
Frequently Asked Questions
How much do Macalester College economics graduates make?
Graduates earn a median $59,752 one year after graduating and $85,593 four years after graduating. Figures are from the U.S. Department of Education College Scorecard.
How does Macalester College rank for economics?
Among 368 colleges reporting earnings for economics graduates, Macalester College ranks #134 by median pay four years after graduation, and #142 after adjusting for state wage levels.
Is economics at Macalester College worth it?
Its graduates earn 4% more than the national median for economics ($82,686), and the median federal debt at graduation is $24,000.
← All data for Macalester 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.