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Social Sciences · Economics Rank #334 of 351

Economicsat Drew University

Graduates earn $33,639/yr in their first year — about 38.0% below the national Economics average. Base-case 10-year earnings $963K; scenarios range from $787K to $1,016K depending on AI disruption.

Madison, NJ Private nonprofit Bachelor's Degree
DegreeOutlook Score
48 AVERAGE
49
Optimistic
53
Pessimistic
Earnings
$33,639
1-year post-graduation
ROI
3.9x
Earnings : tuition
10-yr Base
$963K
Cumulative base-case earnings
AI Risk
Very High
59% task exposure
Program Analysis

What this degree looks like at Drew University

This Economics program at Drew, a liberal arts institution, typically sees graduates enter a job market where generalist skills are valued, but specialized quantitative or technical expertise often commands higher initial salaries. The curriculum likely emphasizes critical thinking and broad economic principles, which are excellent foundations but may not directly align with the most lucrative entry-level roles in finance or tech without further skill development.

You'll find many graduates pursuing careers where strong analytical and communication abilities are key, often in management, non-profits, or public service. While proximity to New York City offers opportunities, you'll need to proactively leverage internships and networking to access competitive roles. To mitigate the high AI risk and differentiate yourself, consider pairing your economics degree with a minor in data science, computer science, or finance, focusing heavily on acquiring concrete, in-demand technical skills alongside your core studies.

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
$787K
10-year cumulative earnings
Scenario Score53/100
Earnings Multiple4.3x
Base Case
Moderate Integration
$963K
10-year cumulative earnings
Scenario Score48/100
Earnings Multiple5.3x
Optimistic
AI Augmentation
$1,016K
10-year cumulative earnings
Scenario Score49/100
Earnings Multiple5.6x
Earnings Trajectory

10 year projection

Year-by-year earnings under each scenario. Base case reflects BLS growth patterns applied to Drew University'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 Drew University 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
Same state (NJ)
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 Drew University

Other top programs at Drew University

Other highest-scoring programs offered at Drew University, 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 Drew University

What does a 48/100 DegreeOutlook Score mean for Economics at Drew University?

At 48/100, the financial outlook is modest. Higher-scoring Economics programs exist, though non-financial factors may justify this choice.

Should I worry about AI if I study Economics at Drew University?

The 56% AI task exposure score is above average. Our model shows this affecting job availability more than salaries — graduates may face stiffer competition for fewer positions.

Is Drew University a good choice for Economics despite lower starting pay?

Starting salary is one data point. If Drew University's tuition is significantly below average, the ROI calculation can still work — lower earnings paired with lower costs can be a reasonable trade.