Economics at University of California-Santa Cruz

Santa Cruz, CA · Public · Bachelor's Degree
73 /100
DegreeOutlook Score (Base Case) — assumes in-state tuition
75
Optimistic
73
Base Case
70
Pessimistic
Earnings $50,518/yr (-6% vs median)
AI Risk Very High (56% exposed)
Job Market Very Large (293,500 openings/yr)
ROI 14.0x earnings multiple (4.5x out-of-state)
Ranked #57 of 351 Economics programs Top 25%

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 $850K $813K $685K
Earnings Multiple (In-State) 14.6x 14.0x 11.8x
Earnings Multiple (Out-of-State) 4.7x 4.5x 3.8x
Probability of Field Employment 66% 60% 41%
DegreeOutlook Score 75 73 70

10-Year Earnings Projection

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

4-Year Tuition, In-State (Sticker)
$58,240
Out-of-state: $181,348 (4.5x ROI)
4-Year Net Price (After Aid)
$66,428
-14% less than sticker · See by income
Median Debt at Graduation
$18,017
4.3 months of Year 1 earnings
Reported Earnings (5 Year)
$88,583
75% growth from Year 1

Program Analysis

Graduates earn $50,518/yr, roughly in line with the $53,966 national median for Economics. The value proposition here depends on cost, not earnings.

With a 14.0x return on in-state tuition over ten years, the financial case for this program is compelling by virtually any measure.

The 19% difference between AI scenarios reflects partial automation exposure. Some Economics career paths face displacement, but others in the field are more insulated.

With first-year pay of $50,518 far exceeding the $18,017 median debt, the payback timeline is measured in months, not years.

University of California-Santa Cruz ranks #57 among 351 Economics programs, placing it in the top 5% nationally by our financial outcomes measure.

The $50,518-to-$88,583 earnings arc over five years reflects a 75% gain — well above average career growth for recent graduates.

About University of California-Santa Cruz

A 63% admission rate makes University of California-Santa Cruz accessible to a wide range of qualified students, with a mid-sized student body of 17,812 in Santa Cruz, CA.

See all programs and financial aid at University of California-Santa Cruz →

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

Economics at Other Schools

Other Majors at University of California-Santa Cruz

Explore the Trade Alternative

Not every career requires a four-year degree. Trade programs in related fields can offer competitive salaries with a fraction of the student loan burden.

Frequently Asked Questions

What does a 73/100 DegreeOutlook Score mean for Economics at University of California-Santa Cruz?
At 73/100, this is a high-performing program. The DegreeOutlook Score combines earnings, AI resilience, and ROI — and this program delivers on all three.
Should I worry about AI if I study Economics at University of California-Santa Cruz?
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 University of California-Santa Cruz one of the best schools for Economics?
Among 351 Economics programs, University of California-Santa Cruz's #57 position reflects consistently above-average results across earnings, ROI, and employment probability.
Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →