Bachelor’s Degrees in Economics
Education Levels of Economics Majors
In 2019-2020, 40,046 bachelor's degrees were awarded to economics majors. This makes it the 5th most popular bachelor's degree program in the country.
The following table shows the number of diplomas awarded in economics at each degree level.
|Education Level||Number of Grads|
Earnings of Economics Majors With Bachelor’s Degrees
The median salary for graduates holding a bachelor's degree in economics is $44,300. A lot of factors can contribute to this number, such as the location of your workplace and the availability of other perks and bonuses. A better approximation of salary is to look at the typical range of salaries. In this case the low is $39,100 and the high is $50,200.
The median student debt for graduates holding a bachelor's degree in economics is $21,666. The length of time it takes you to graduate and what college you attend can affect this number quite a bit. The chart below shows the range of accumulated debt loads. On the high side of the range, $25,000 is the debt load, and the debt load on the low side is $18,531.
More men than women pursue bachelor's degrees in economics. About 66.3% of graduates in this field are male.
|Gender||Number of Grads|
The racial-ethnic distribution of economics bachelor’s degree students is as follows:
|Race/Ethnicity||Number of Grads|
|Black or African American||1,653|
|Hispanic or Latino||3,965|
Most Popular Economics Programs for Bachelor’s Degrees
There are 787 colleges that offer a bachelor’s degree in economics. Learn more about the most popular 20 below:
Economics Focus Areas
|Major||Annual Degrees Awarded|
Explore Major by State
*The racial-ethnic minority student count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the percentage of racial-ethnic minorities.
- College Factual
- National Center for Education Statistics
- O*NET Online
- Bureau of Labor Statistics
- Image Credit: By pixabay under License
More about our data sources and methodologies.
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