Economics at University of Minnesota-Duluth

Duluth, MN · Public · Bachelor's Degree
68 /100
DegreeOutlook Score (Base Case) — assumes in-state tuition
69
Optimistic
68
Base Case
64
Pessimistic
Earnings $50,873/yr (-6% vs median)
AI Risk Very High (56% exposed)
Job Market Very Large (293,500 openings/yr)
ROI 11.1x earnings multiple (8.0x out-of-state)
Ranked #147 of 351 Economics programs Top 50%

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 $650K $634K $563K
Earnings Multiple (In-State) 11.4x 11.1x 9.8x
Earnings Multiple (Out-of-State) 8.2x 8.0x 7.1x
Probability of Field Employment 66% 60% 41%
DegreeOutlook Score 69 68 64

10-Year Earnings Projection

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

4-Year Tuition, In-State (Sticker)
$57,272
Out-of-state: $79,048 (8.0x ROI)
4-Year Net Price (After Aid)
$73,856
-29% less than sticker · See by income
Median Debt at Graduation
$22,000
5.2 months of Year 1 earnings
Reported Earnings (5 Year)
$68,688
35% growth from Year 1

Program Analysis

First-year earnings of $50,873 track close to the $53,966 national median for Economics programs. This is a middle-of-the-road outcome on salary alone.

The 11.1x earnings multiple means ten-year projected earnings exceed tuition cost by an order of magnitude. By pure financial math, this is a standout.

AI risk is moderate — 56% task exposure — and the 13% scenario spread suggests disruption would dent but not destroy the earnings outlook.

At $22,000 in median debt against $50,873 in first-year earnings, graduates can expect to clear their loan balance in under six months of full earnings.

Ranked #147 out of 351 programs, University of Minnesota-Duluth's Economics offering sits in the upper half but doesn't break into the top tier.

The five-year earnings trajectory from $50,873 to $68,688 shows 35% growth, reflecting steady but unremarkable salary progression.

About University of Minnesota-Duluth

University of Minnesota-Duluth has a 82% acceptance rate, making it broadly accessible, enrolling 7,475 students in Duluth, MN.

See all programs and financial aid at University of Minnesota-Duluth →

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

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Not every career requires a four-year degree. Trade programs in related fields can offer competitive salaries with a fraction of the student loan burden.

Frequently Asked Questions

How does University of Minnesota-Duluth's Economics program score?
This program scores 68/100, reflecting respectable but not exceptional financial outcomes for Economics graduates.
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.
Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →