Economics at Willamette University

Salem, OR · Private nonprofit · Bachelor's Degree
56 /100
DegreeOutlook Score (Base Case)
57
Optimistic
56
Base Case
53
Pessimistic
Earnings $45,993/yr (-15% vs median)
AI Risk Very High (56% exposed)
Job Market Very Large (293,500 openings/yr)
ROI 3.6x earnings multiple
Ranked #300 of 351 Economics programs

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 $719K $696K $605K
Earnings Multiple 3.7x 3.6x 3.1x
Probability of Field Employment 66% 60% 41%
DegreeOutlook Score 57 56 53

10-Year Earnings Projection

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

4-Year Tuition (Sticker)
$193,072
4-Year Net Price (After Aid)
$94,652
51% less than sticker · See by income
Median Debt at Graduation
$19,500
5.1 months of Year 1 earnings
Reported Earnings (5 Year)
$74,070
61% growth from Year 1

Program Analysis

Graduates earn $45,993/yr, roughly in line with the $53,966 national median for Economics. The value proposition here depends on cost, not earnings.

The 3.6x return on tuition is positive but not overwhelming. Financial outcomes depend on keeping costs close to in-state rates.

AI risk is moderate — 56% task exposure — and the 16% scenario spread suggests disruption would dent but not destroy the earnings outlook.

With first-year pay of $45,993 far exceeding the $19,500 median debt, the payback timeline is measured in months, not years.

At #300 out of 351 programs, Willamette University's financial outcomes for Economics trail the majority of peers. The value case depends on other factors.

Earnings growth from $45,993 to $74,070 over five years (61% increase) indicates that graduates in this field see meaningful salary progression.

About Willamette University

Willamette University accepts 79% of applicants — an open-access institution by design, with a smaller student body of 1,525 in Salem, OR. The average net cost of $94,652 over four years represents a 51% discount from published tuition.

See all programs and financial aid at Willamette University →

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 Willamette University

Consider the Trade Route?

Trade programs often mean less time in school, lower student debt, and hands-on career paths that tend to be more resilient to AI disruption.

Frequently Asked Questions

How does Willamette University's Economics program score?
A score of 56/100 reflects decent absolute metrics, but Willamette University trails the majority of Economics programs on relative rankings. Context matters more than the raw number.
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.
How affordable is Economics at Willamette University after financial aid?
Sticker price is $193,072, but the average net cost is $94,652 — a 51% discount. For students who qualify for aid, this program is considerably more affordable than it appears.
Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →