Economics at Carnegie Mellon University

Pittsburgh, PA · Bachelor's Degree · about 55 graduates a year

$86,284
Median pay 1 year after graduating
$144,886
Median pay 4 years after graduating
$82,686
National median for this major (4 yrs)
#8 of 368
Rank by pay
#4 of 368
Rank, wage-adjusted
$22,020
Median federal debt

Carnegie Mellon University graduates in economics earn 75% more than the national median for the same major four years after graduating. Their median federal debt equals about 15% of one year’s pay at that point.

How Carnegie Mellon 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
11Vanderbilt University Nashville, TN$140,337$153,303#3$84,311

Other Majors at Carnegie Mellon University by Graduate Pay

Major4 yrs after1 yr afterRank in major
Computer Science$268,121$171,264#1 of 349
Electrical, Electronics, and Communications Engineering$250,168$139,337#1 of 258
Computer and Information Sciences$187,437—#5 of 459
Cognitive Science$162,106—#1 of 19
Business Administration, Management and Operations$160,783$95,891#1 of 1176
Statistics$156,743$93,111#2 of 50
Systems Science and Theory$146,929$95,598#1 of 6
Mathematics and Statistics$145,741—#1 of 9
Design and Applied Arts$138,588$66,274#1 of 299
Materials Sciences$119,715——
Chemical Engineering$110,378—#13 of 158
Engineering$110,208—#5 of 57
Biomedical/Medical Engineering$109,648—#10 of 118
Mechanical Engineering$105,623$76,523#17 of 318
Civil Engineering$105,199—#6 of 233
Psychology$82,433—#4 of 1027
Architecture$73,439—#16 of 78
Rhetoric and Composition/Writing Studies$71,205—#3 of 137
Liberal Arts and Sciences, General Studies and Humanities$62,027—#69 of 476
Fine and Studio Arts$53,726$32,597#29 of 423
Architectural Sciences and Technology—$48,514—
Drama/Theatre Arts and Stagecraft$40,073$32,967#128 of 255

Frequently Asked Questions

How much do Carnegie Mellon University economics graduates make?

Graduates earn a median $86,284 one year after graduating and $144,886 four years after graduating. Figures are from the U.S. Department of Education College Scorecard.

How does Carnegie Mellon University rank for economics?

Among 368 colleges reporting earnings for economics graduates, Carnegie Mellon University ranks #8 by median pay four years after graduation, and #4 after adjusting for state wage levels.

Is economics at Carnegie Mellon University worth it?

Its graduates earn 75% more than the national median for economics ($82,686), and the median federal debt at graduation is $22,020.

← All data for Carnegie Mellon 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.