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Economics at Carthage College

Kenosha, WI · Private nonprofit · Bachelor's Degree
39 /100
DegreeOutlook Score (Base Case)
40
Optimistic
39
Base Case
42
Pessimistic
Earnings $36,493/yr (-32% vs median)
AI Risk Very High (56% exposed)
Job Market Very Large (293,500 openings/yr)
ROI 3.1x earnings multiple
Ranked #347 of 351 Economics programs

How AI Changes the Outlook

Three scenarios based on how aggressively AI disrupts the career paths available to Economics graduates.

Optimistic
No Disruption		 Base Case
Gradual AI		 Pessimistic
Aggressive AI
10-Year Earnings $443K $448K $436K
Earnings Multiple 3.0x 3.1x 3.0x
Probability of Field Employment 66% 60% 41%
DegreeOutlook Score 40 39 42

10-Year Earnings Projection

*Year 1 uses actual reported earnings. Scenarios diverge as AI impact compounds over time.

4-Year Tuition (Sticker)
$146,000
4-Year Net Price (After Aid)
$99,252
32% less than sticker · See by income
Median Debt at Graduation
$19,500
6.4 months of Year 1 earnings

Program Analysis

At $36,493 per year, Economics graduates from Carthage College earn below the $53,966 national average. Lower costs or geographic factors may offset the earnings gap.

An earnings multiple of 3.1x means ten-year projected earnings exceed tuition, but not by a dramatic margin. Returns are positive but modest.

Some AI exposure exists in Economics's typical career paths, with 56% of job tasks potentially affected. The pessimistic scenario still projects solid returns, with a 2% gap from the optimistic case.

Median debt of $19,500 represents roughly 6 months of the $36,493 starting salary — a manageable burden by most borrower standards.

Ranked #347 of 351 Economics programs, Carthage College falls below the median. Stronger options exist, though cost and location may compensate.

About Carthage College

With 84% of applicants admitted, Carthage College prioritizes broad access, a smaller institution with 2,628 students in Kenosha, WI. Financial aid reduces the effective four-year cost to $99,252 — 32% less than the list price.

See all programs and financial aid at Carthage College →

Top Career Paths

Managers, all other $136,550/yr
Economics teachers, postsecondary $119,980/yr
Economists $115,440/yr
View all 9 career paths with salary ranges and AI risk →

Compare & Explore

Compare this program → View all 351 schools offering Economics →

Economics at Other Schools

Harvard University ($103,993) Princeton University ($103,041) Duke University ($98,649) Stanford University ($98,104) Dartmouth College ($94,675) University of Chicago ($92,075) Amherst College ($90,568) Claremont McKenna College ($89,505)

Other Majors at Carthage College

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing ($74,265) Accounting and Related Services ($61,887) Finance and Financial Management Services ($58,543) Business Administration, Management and Operations ($53,555) Mathematics ($52,593) Marketing ($50,175) Special Education and Teaching ($48,593) Teacher Education and Professional Development, Specific Levels and Methods ($47,185)

Consider the Trade Route?

Compare Economics trade programs on TradeSchoolWorth →

Trade programs often mean less time in school, lower student debt, and hands-on career paths that tend to be more resilient to AI disruption.

Frequently Asked Questions

What is the DegreeOutlook Score for Economics at Carthage College?
A score of 39/100 indicates below-average financial outcomes for Economics. Earnings, ROI, or AI risk factors are pulling the score down.
Will AI replace Economics careers?
With 56% of typical job tasks exposed to AI, this is one of the higher-risk fields. Our pessimistic scenario projects $435,751 in decade earnings vs $443,251 in the optimistic case — a meaningful gap.
Can you still earn well with Economics from Carthage College?
First-year earnings trail the national median, but starting salary isn't the full picture. Regional cost of living, career trajectory, and tuition cost all factor in. Check the five-year earnings data when available.
Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →