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Social Sciences · Economics Rank #22 of 351

Economicsat University of Illinois Urbana-Champaign

Graduates earn $58,921/yr in their first year — about 9.0% above the national Economics average. Base-case 10-year earnings $802K; scenarios range from $678K to $838K depending on AI disruption.

Champaign, IL Public Bachelor's Degree
DegreeOutlook Score
76 STRONG
77
Optimistic
71
Pessimistic
Earnings
$58,921
1-year post-graduation
ROI
13.2x
Earnings : in-state tuition
10-yr Base
$802K
Cumulative base-case earnings
AI Risk
Very High
59% task exposure
Program Analysis

What this degree looks like at UIUC

Graduates earn $58,921/yr, edging above the $53,966 national average for Economics — a modest premium that suggests solid regional demand.

Every dollar of in-state tuition returns an estimated 12.5x in decade earnings — an exceptional ratio that places this among the highest-ROI Economics programs nationally.

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 19% gap from the optimistic case.

At $19,500 in median debt against $58,921 in first-year earnings, graduates can expect to clear their loan balance in under six months of full earnings.

Ranked #22 of 351 programs, University of Illinois Urbana-Champaign's Economics program falls in the top 10%, outperforming most peers on financial outcomes.

Five-year earnings of $91,191 show a 55% jump from the $58,921 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
$678K
10-year cumulative earnings
Scenario Score71/100
Earnings Multiple10.6x
Base Case
Moderate Integration
$802K
10-year cumulative earnings
Scenario Score76/100
Earnings Multiple12.5x
Optimistic
AI Augmentation
$838K
10-year cumulative earnings
Scenario Score77/100
Earnings Multiple13.1x
Earnings Trajectory

10 year projection

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

Other top programs at UIUC

Other highest-scoring programs offered at UIUC, 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 UIUC

What is the DegreeOutlook Score for Economics at University of Illinois Urbana-Champaign?

This program scores 76/100 — placing it among the stronger programs for Economics nationally. The score reflects above-average earnings, manageable AI risk, and solid financial return.

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 $677,556 in decade earnings vs $837,613 in the optimistic case — a meaningful gap.