Home Schools Albion College Economics
Social Sciences · Economics Rank #332 of 351

Economicsat Albion College

Graduates earn $48,756/yr in their first year — about 10.0% below the national Economics average. Base-case 10-year earnings $584K; scenarios range from $529K to $595K depending on AI disruption.

Albion, MI Private nonprofit Bachelor's Degree
DegreeOutlook Score
49 AVERAGE
50
Optimistic
46
Pessimistic
Earnings
$48,756
1-year post-graduation
ROI
1.8x
Earnings : tuition
10-yr Base
$584K
Cumulative base-case earnings
AI Risk
Very High
59% task exposure
Program Analysis

What this degree looks like at Albion College

At $48,756/yr, Economics graduates from Albion College land near the $53,966 national average — neither a standout nor a red flag.

An earnings multiple of 2.6x means the program roughly breaks even in financial terms over ten years. Non-financial factors need to justify the investment.

AI risk is moderate — 56% task exposure — and the 11% scenario spread suggests disruption would dent but not destroy the earnings outlook.

The $26,849 debt-to-$48,756 income ratio translates to about 7 months of earnings. Standard loan terms should handle this comfortably.

At #332 out of 351 programs, Albion College's financial outcomes for Economics trail the majority of peers. The value case depends on other factors.

The five-year earnings trajectory from $48,756 to $61,833 shows 27% growth, reflecting steady but unremarkable salary progression.

AI Outlook Integration

Three scenarios, ten years out

Each scenario is a different assumption about how AI reshapes the career paths this major feeds into. Earnings projections stack the full 10-year cumulative trajectory; scores use the same 0–100 metric as the hero, recomputed under that scenario's assumptions.

Pessimistic
Mass Automation
$529K
10-year cumulative earnings
Scenario Score46/100
Earnings Multiple2.4x
Base Case
Moderate Integration
$584K
10-year cumulative earnings
Scenario Score49/100
Earnings Multiple2.6x
Optimistic
AI Augmentation
$595K
10-year cumulative earnings
Scenario Score50/100
Earnings Multiple2.7x
Earnings Trajectory

10 year projection

Year-by-year earnings under each scenario. Base case reflects BLS growth patterns applied to Albion College's starting earnings; optimistic and pessimistic adjust for AI's effect on each career path this major feeds into.

Career Paths

Where Economics graduates typically work

Common career destinations for this program's graduates, weighted by the school's specific occupation mix. Salary is BLS national median; AI risk is per-role task-exposure research.

1
Managers, all other
+4.5% 10-yr growth · 106,700 openings/yr
$136,550/yr
Moderate
2
Economics teachers, postsecondary
+2.1% 10-yr growth · 1,200 openings/yr
$119,980/yr
Moderate
3
Economists
+1.2% 10-yr growth · 900 openings/yr
$115,440/yr
High
4
Data scientists
+33.5% 10-yr growth · 23,400 openings/yr
$112,590/yr
High
5
Statisticians
+8.5% 10-yr growth · 2,000 openings/yr
$103,300/yr
High
6
Market research analysts and marketing specialists
+6.7% 10-yr growth · 87,200 openings/yr
$76,950/yr
High
Source: BLS Occupational Employment & Wage Statistics, May 2024. AI exposure from OpenAI GPTs-are-GPTs and Felten AIOE research.
Compare & Explore

Peer schools offering Economics

How Albion College stacks up against other schools offering this major.

Highest earnings
Harvard University
MA · Private nonprofit
77
DW Score
$104K
1-yr earn
5.8x
ROI
Princeton University
NJ · Private nonprofit
62
DW Score
$103K
1-yr earn
3.3x
ROI
Duke University
NC · Private nonprofit
76
DW Score
$99K
1-yr earn
5.5x
ROI
Stanford University
CA · Private nonprofit
76
DW Score
$98K
1-yr earn
4.9x
ROI
Dartmouth College
NH · Private nonprofit
76
DW Score
$95K
1-yr earn
4.8x
ROI
Also at Albion College

Other top programs at Albion College

Other highest-scoring programs offered at Albion College, ranked by DegreeOutlook Score.

Consider the trade route

Not sure a 4-year degree is the right path? Trade programs in Economics offer shorter timelines, lower debt, and strong AI resilience for hands-on careers.

Compare Economics trade programs on TradeSchoolOutlook →
FAQ

Frequently asked about Economics at Albion College

How does Albion College's Economics program score?

This program scores 49/100 — on the lower end for Economics. Prospective students should carefully weigh costs against likely earnings.

How vulnerable is Economics to AI automation?

AI won't 'replace' Economics careers outright, but it is likely to reduce the number of job openings. We model 56% task exposure, which compresses field employment probability in our scenarios.

How affordable is Economics at Albion College after financial aid?

Sticker price is $222,984, but the average net cost is $67,528 — a 70% discount. For students who qualify for aid, this program is considerably more affordable than it appears.