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

Program Analysis

For Carthage Economics, your financial outlook likely reflects a combination of the regional labor market and the program's typical career paths. Located in Kenosha, the immediate area doesn't boast the high-paying financial services or tech industries that often drive top earnings for economics graduates. Instead, many graduates might find opportunities in local businesses, public administration, or general management roles, where analytical skills are valued but salaries might not reach the peaks seen in major urban centers. While the degree provides a strong foundation, pursuing the highest-earning careers like data science or professional econometrics often requires significant additional quantitative training, internships, or postgraduate education, potentially in a different geographic market. To maximize your earning potential, actively seek internships that provide practical, quantitative experience and consider broadening your job search beyond southeastern Wisconsin. Focus on developing complementary skills in areas like data analysis or programming, which are highly valued and can help mitigate the AI risk associated with many economics-related roles.

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

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

Economics at Other Schools

Other Majors at Carthage College

Consider the Trade Route?

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 →