Economics at Cornell University

Ithaca, NY · Private nonprofit · Bachelor's Degree
74 /100
DegreeOutlook Score (Base Case)
75
Optimistic
74
Base Case
69
Pessimistic
Earnings $84,967/yr (57% vs median)
AI Risk Very High (56% exposed)
Job Market Very Large (293,500 openings/yr)
ROI 4.0x earnings multiple
Ranked #48 of 351 Economics programs Top 25%

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 $1,117K $1,053K $849K
Earnings Multiple 4.2x 4.0x 3.2x
Probability of Field Employment 66% 60% 41%
DegreeOutlook Score 75 74 69

10-Year Earnings Projection

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

4-Year Tuition (Sticker)
$264,056
4-Year Net Price (After Aid)
$129,348
51% less than sticker · See by income
Median Debt at Graduation
$15,000
2.1 months of Year 1 earnings
Reported Earnings (5 Year)
$129,667
53% growth from Year 1

Program Analysis

First-year earnings of $84,967 put Cornell University's Economics program 57% above the national median of $53,966 — one of the higher-earning programs in this field.

An earnings multiple of 4.0x 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 24% gap from the optimistic case.

With first-year pay of $84,967 far exceeding the $15,000 median debt, the payback timeline is measured in months, not years.

At #48 of 351 nationally, this is a top-5% Economics program. Financial outcomes consistently outperform the vast majority of peers.

Five-year earnings of $129,667 show a 53% jump from the $84,967 starting point — strong upward trajectory suggesting real career acceleration.

About Cornell University

Cornell University's 8% admission rate places it in the top tier of selectivity nationally, with a mid-sized student body of 15,935 in Ithaca, NY. After financial aid, the average student pays $129,348 over four years — 51% below sticker price.

See all programs and financial aid at Cornell University →

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 Cornell University

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 Cornell University?
This program scores 74/100 — placing it among the stronger programs for Economics nationally. The score reflects above-average earnings, manageable AI risk, and solid financial return.
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 $848,769 in decade earnings vs $1,116,845 in the optimistic case — a meaningful gap.
What makes Cornell University's Economics program stand out?
Ranked #48 of 351 programs nationally, Cornell University lands in the top 25%. The ranking reflects a combination of graduate earnings, return on investment, and job market alignment.
Is Cornell University a hidden gem for Economics?
After financial aid, the average student pays $129,348 over four years — 51% below the $264,056 sticker price. That gap makes the ROI significantly better than published tuition suggests.
Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →