Economics at Oberlin College

Oberlin, OH · Private nonprofit · Bachelor's Degree
64 /100
DegreeOutlook Score (Base Case)
65
Optimistic
64
Base Case
60
Pessimistic
Earnings $61,713/yr (14% vs median)
AI Risk Very High (56% exposed)
Job Market Very Large (293,500 openings/yr)
ROI 3.1x earnings multiple
Ranked #209 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 $848K $812K $684K
Earnings Multiple 3.3x 3.1x 2.6x
Probability of Field Employment 66% 60% 41%
DegreeOutlook Score 65 64 60

10-Year Earnings Projection

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

4-Year Tuition (Sticker)
$258,584
4-Year Net Price (After Aid)
$156,736
39% less than sticker · See by income
Median Debt at Graduation
$25,000
4.9 months of Year 1 earnings
Reported Earnings (5 Year)
$93,318
51% growth from Year 1

Program Analysis

At $61,713 per year, Economics graduates from Oberlin College earn slightly above the $53,966 national median. The premium is real but not dramatic.

An earnings multiple of 3.1x means ten-year projected earnings exceed tuition, but not by a dramatic margin. Returns are positive but modest.

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.

The median debt load of $25,000 represents less than half a year of starting salary — among the lightest debt-to-income ratios we track.

Ranked #209 of 351 Economics programs, Oberlin College falls below the median. Stronger options exist, though cost and location may compensate.

Five-year earnings of $93,318 show a 51% jump from the $61,713 starting point — strong upward trajectory suggesting real career acceleration.

About Oberlin College

A 33% acceptance rate puts Oberlin College in competitive admissions territory, with a smaller student body of 2,950 in Oberlin, OH. After financial aid, the average student pays $156,736 over four years — 39% below sticker price.

See all programs and financial aid at Oberlin College →

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 Oberlin College

Is a Trade Program a Better Fit?

For students who prefer applied learning, trade programs can deliver strong earnings with significantly less debt and shorter time to employment.

Frequently Asked Questions

What is the DegreeOutlook Score for Economics at Oberlin College?
This program scores 64/100 — a respectable number in isolation, but it ranks in the bottom half of Economics programs nationally. The field is competitive, and stronger options exist.
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 $683,854 in decade earnings vs $847,883 in the optimistic case — a meaningful gap.
Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →