Economics at University of Minnesota-Duluth

Duluth, MN · Bachelor's Degree · about 22 graduates a year

$50,873
Median pay 1 year after graduating
$69,792
Median pay 4 years after graduating
$82,686
National median for this major (4 yrs)
#277 of 368
Rank by pay
#294 of 368
Rank, wage-adjusted
$22,000
Median federal debt

University of Minnesota-Duluth graduates in economics earn 16% less than the national median for the same major four years after graduating. Their median federal debt equals about 32% of one year’s pay at that point.

How University of Minnesota-Duluth 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
…
274Colorado State University-Fort Collins Fort Collins, CO$69,934$65,402#301$48,462
275CUNY Hunter College New York, NY$69,920$66,549#295$34,580
276University of Michigan-Dearborn Dearborn, MI$69,884$73,685#237$49,665
277University of Minnesota-Duluth Duluth, MN$69,792$66,666#294$50,873
278University of Wisconsin-Eau Claire Eau Claire, WI$69,435$72,250#246$51,344
279University of Vermont Burlington, VT$69,416$71,296#253$38,452
280Slippery Rock University of Pennsylvania Slippery Rock, PA$69,371$70,551#259—

Other Majors at University of Minnesota-Duluth by Graduate Pay

Major4 yrs after1 yr afterRank in major
Industrial Engineering$97,732$77,781#50 of 94
Computer Science$91,911$73,224#228 of 349
Mechanical Engineering$88,965$67,764#216 of 318
Electrical, Electronics, and Communications Engineering$88,305$74,197#245 of 258
Chemical Engineering$85,667$67,152#151 of 158
Computer Systems Networking and Telecommunications$79,939$51,291#11 of 37
Civil Engineering$79,485$65,175#200 of 233
Mathematics$75,633$55,482#112 of 309
Accounting and Related Services$74,360$56,146#373 of 796
Marketing$74,079$53,800#133 of 516
Finance and Financial Management Services$73,979$51,953#275 of 452
Statistics$71,279$56,435#47 of 50
Business/Commerce$70,334$48,738#74 of 271
Business Administration, Management and Operations$69,767$51,571#382 of 1176
Health and Medical Administrative Services$68,386$46,263#73 of 275
Chemistry$66,529$44,674#104 of 209
Cell/Cellular Biology and Anatomical Sciences$65,275$44,501#26 of 35
Geological and Earth Sciences/Geosciences$63,893—#52 of 138
Biology$63,317$31,891#232 of 841
Sports, Kinesiology, and Physical Education/Fitness$63,269$33,055#81 of 610
Graphic Communications$61,062$36,557#7 of 59
Biochemistry, Biophysics and Molecular Biology$61,010$31,150#77 of 110
Communication and Media Studies$60,023$39,706#167 of 660
Criminology$59,754$42,562#29 of 113
Public Health$59,639$36,520#90 of 215
Geography and Cartography$58,569—#53 of 117
Communication Disorders Sciences and Services$58,362—#113 of 215
Political Science and Government$58,256$38,942#371 of 565
Romance Languages, Literatures, and Linguistics$57,886$31,174#97 of 225
Philosophy$56,812—#44 of 86

Frequently Asked Questions

How much do University of Minnesota-Duluth economics graduates make?

Graduates earn a median $50,873 one year after graduating and $69,792 four years after graduating. Figures are from the U.S. Department of Education College Scorecard.

How does University of Minnesota-Duluth rank for economics?

Among 368 colleges reporting earnings for economics graduates, University of Minnesota-Duluth ranks #277 by median pay four years after graduation, and #294 after adjusting for state wage levels.

Is economics at University of Minnesota-Duluth worth it?

Its graduates earn 16% less than the national median for economics ($82,686), and the median federal debt at graduation is $22,000.

← All data for University of Minnesota-Duluth · 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.