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Economics at Hanover College

Hanover, IN · Private nonprofit · Bachelor's Degree
55 /100
DegreeOutlook Score (Base Case)
56
Optimistic
55
Base Case
52
Pessimistic
Earnings $45,740/yr (-15% vs median)
AI Risk Very High (56% exposed)
Job Market Very Large (293,500 openings/yr)
ROI 3.8x earnings multiple
Ranked #306 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 $674K $655K $577K
Earnings Multiple 3.9x 3.8x 3.4x
Probability of Field Employment 66% 60% 41%
DegreeOutlook Score 56 55 52

10-Year Earnings Projection

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

4-Year Tuition (Sticker)
$171,576
4-Year Net Price (After Aid)
$87,304
49% less than sticker · See by income
Median Debt at Graduation
$26,898
7.1 months of Year 1 earnings
Reported Earnings (5 Year)
$69,424
52% growth from Year 1

Program Analysis

Starting salaries of $45,740/yr fall 15% below the $53,966 national median for Economics. The financial case depends heavily on whether tuition compensates.

At 3.8x tuition cost in decade earnings, the ROI is moderate. This program pays for itself, but it's not a financial slam-dunk.

The 14% difference between AI scenarios reflects partial automation exposure. Some Economics career paths face displacement, but others in the field are more insulated.

At $26,898 against $45,740/yr in earnings, the debt burden is moderate. Most graduates should manage repayment without extended financial strain.

A #306 ranking among 351 Economics programs places Hanover College in the lower half. Price, proximity, and personal fit become the stronger arguments.

The $45,740-to-$69,424 earnings arc over five years reflects a 52% gain — well above average career growth for recent graduates.

About Hanover College

Hanover College has a 84% acceptance rate, making it broadly accessible, a compact campus enrolling 958 students in Hanover, IN. The average net cost of $87,304 over four years represents a 49% discount from published tuition.

See all programs and financial aid at Hanover 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 Hanover College

Health and Physical Education/Fitness ($35,085) Psychology, General ($34,528) Communication and Media Studies ($31,621) Biology, General ($31,321)

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 does a 55/100 DegreeOutlook Score mean for Economics at Hanover College?
At 55/100, the score looks reasonable — but Economics is a high-scoring field overall. Compared to peers, this program's earnings and ROI fall below the median.
Should I worry about AI if I study Economics at Hanover College?
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 Hanover College a good choice for Economics despite lower starting pay?
Starting salary is one data point. If Hanover College's tuition is significantly below average, the ROI calculation can still work — lower earnings paired with lower costs can be a reasonable trade.
Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →