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Social Sciences · Economics Rank #82 of 351

Economicsat Michigan State University

Graduates earn $54,013/yr in their first year — right at the national average. Base-case 10-year earnings $732K; scenarios range from $630K to $760K depending on AI disruption.

East Lansing, MI Public Bachelor's Degree
DegreeOutlook Score
72 STRONG
73
Optimistic
67
Pessimistic
Earnings
$54,013
1-year post-graduation
ROI
11.7x
Earnings : in-state tuition
10-yr Base
$732K
Cumulative base-case earnings
AI Risk
Very High
59% task exposure
Program Analysis

What this degree looks like at Michigan State University

First-year earnings of $54,013 track close to the $53,966 national median for Economics programs. This is a middle-of-the-road outcome on salary alone.

The 11.5x earnings multiple means ten-year projected earnings exceed tuition cost by an order of magnitude. By pure financial math, this is a standout.

AI risk is moderate — 56% task exposure — and the 17% scenario spread suggests disruption would dent but not destroy the earnings outlook.

At $22,231 in median debt against $54,013 in first-year earnings, graduates can expect to clear their loan balance in under six months of full earnings.

Ranked #82 out of 351 programs, Michigan State University's Economics program lands in the top 5% — a strong signal of graduate success.

Earnings growth from $54,013 to $81,373 over five years (51% increase) indicates that graduates in this field see meaningful salary progression.

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
$630K
10-year cumulative earnings
Scenario Score67/100
Earnings Multiple9.8x
Base Case
Moderate Integration
$732K
10-year cumulative earnings
Scenario Score72/100
Earnings Multiple11.5x
Optimistic
AI Augmentation
$760K
10-year cumulative earnings
Scenario Score73/100
Earnings Multiple11.9x
Earnings Trajectory

10 year projection

Year-by-year earnings under each scenario. Base case reflects BLS growth patterns applied to Michigan State 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 Michigan State 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
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 Michigan State University

Other top programs at Michigan State University

Other highest-scoring programs offered at Michigan State 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 Michigan State University

How does Michigan State University's Economics program score?

A score of 72/100 indicates strong financial outcomes. Michigan State University's Economics graduates fare well on earnings, job market size, and return on investment.

How vulnerable is Economics to AI automation?

AI won't 'replace' Economics careers outright, but it is likely to reduce the number of job openings. We model 56% task exposure, which compresses field employment probability in our scenarios.

Why does Michigan State University rank so high for Economics?

The #82 ranking out of 351 programs is driven by strong financial outcomes — graduates earn well, debt is manageable relative to income, and the job market supports the field.