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Social Sciences · Economics Rank #302 of 351

Economicsat Saint Michael's College

Graduates earn $47,211/yr in their first year — about 13.0% below the national Economics average. Base-case 10-year earnings $678K; scenarios range from $592K to $699K depending on AI disruption.

Colchester, VT Private nonprofit Bachelor's Degree
DegreeOutlook Score
56 SOLID
57
Optimistic
52
Pessimistic
Earnings
$47,211
1-year post-graduation
ROI
2.6x
Earnings : tuition
10-yr Base
$678K
Cumulative base-case earnings
AI Risk
Very High
59% task exposure
Program Analysis

What this degree looks like at Saint Michael's College

First-year earnings of $47,211 track close to the $53,966 national median for Economics programs. This is a middle-of-the-road outcome on salary alone.

An earnings multiple of 3.4x 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 15% gap from the optimistic case.

Median debt of $24,750 represents roughly 6 months of the $47,211 starting salary — a manageable burden by most borrower standards.

Ranked #302 of 351 Economics programs, Saint Michael's College falls below the median. Stronger options exist, though cost and location may compensate.

Five-year earnings of $72,531 show a 54% jump from the $47,211 starting point — strong upward trajectory suggesting real career acceleration.

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
$592K
10-year cumulative earnings
Scenario Score52/100
Earnings Multiple3.0x
Base Case
Moderate Integration
$678K
10-year cumulative earnings
Scenario Score56/100
Earnings Multiple3.4x
Optimistic
AI Augmentation
$699K
10-year cumulative earnings
Scenario Score57/100
Earnings Multiple3.5x
Earnings Trajectory

10 year projection

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

Other top programs at Saint Michael's College

Other highest-scoring programs offered at Saint Michael's 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 Saint Michael's College

What is the DegreeOutlook Score for Economics at Saint Michael's College?

This program scores 56/100 — a respectable number in isolation, but it ranks in the bottom half of Economics programs nationally. The field is competitive, and stronger options exist.

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 $592,327 in decade earnings vs $698,610 in the optimistic case — a meaningful gap.