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Social Sciences · Economics Rank #306 of 351

Economicsat Hanover College

Graduates earn $45,740/yr in their first year — about 15.0% below the national Economics average. Base-case 10-year earnings $655K; scenarios range from $577K to $674K depending on AI disruption.

Hanover, IN Private nonprofit Bachelor's Degree
DegreeOutlook Score
55 SOLID
56
Optimistic
52
Pessimistic
Earnings
$45,740
1-year post-graduation
ROI
3.0x
Earnings : tuition
10-yr Base
$655K
Cumulative base-case earnings
AI Risk
Very High
59% task exposure
Program Analysis

What this degree looks like at Hanover College

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.

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
$577K
10-year cumulative earnings
Scenario Score52/100
Earnings Multiple3.4x
Base Case
Moderate Integration
$655K
10-year cumulative earnings
Scenario Score55/100
Earnings Multiple3.8x
Optimistic
AI Augmentation
$674K
10-year cumulative earnings
Scenario Score56/100
Earnings Multiple3.9x
Earnings Trajectory

10 year projection

Year-by-year earnings under each scenario. Base case reflects BLS growth patterns applied to Hanover College'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 Hanover College 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
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 Hanover College

Other top programs at Hanover College

Other highest-scoring programs offered at Hanover College, 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 Hanover College

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.