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Social Sciences · Economics Rank #182 of 351

Economicsat Wayne State University

Graduates earn $50,648/yr in their first year — about 6.0% below the national Economics average. Base-case 10-year earnings $612K; scenarios range from $548K to $626K depending on AI disruption.

Detroit, MI Public Bachelor's Degree
DegreeOutlook Score
66 SOLID
68
Optimistic
63
Pessimistic
Earnings
$50,648
1-year post-graduation
ROI
10.5x
Earnings : in-state tuition
10-yr Base
$612K
Cumulative base-case earnings
AI Risk
Very High
59% task exposure
Program Analysis

What this degree looks like at Wayne State University

Graduates earn $50,648/yr, roughly in line with the $53,966 national median for Economics. The value proposition here depends on cost, not earnings.

With a 10.7x return on in-state tuition over ten years, the financial case for this program is compelling by virtually any measure.

The 12% 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 $50,648 far exceeding the $19,374 median debt, the payback timeline is measured in months, not years.

A #182 ranking among 351 Economics programs places Wayne State University in the lower half. Price, proximity, and personal fit become the stronger arguments.

A 30% earnings increase from $50,648 to $65,866 over five years is solid — not a moonshot, but evidence of normal career advancement.

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
$548K
10-year cumulative earnings
Scenario Score63/100
Earnings Multiple9.6x
Base Case
Moderate Integration
$612K
10-year cumulative earnings
Scenario Score66/100
Earnings Multiple10.7x
Optimistic
AI Augmentation
$626K
10-year cumulative earnings
Scenario Score68/100
Earnings Multiple10.9x
Earnings Trajectory

10 year projection

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

Other top programs at Wayne State University

Other highest-scoring programs offered at Wayne 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 Wayne State University

What does a 66/100 DegreeOutlook Score mean for Economics at Wayne State University?

At 66/100, 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 Wayne State University?

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.