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Business Economics at Wofford College

Spartanburg, SC · Private nonprofit · Bachelor's Degree · Business/Managerial Economics
46 /100
DegreeOutlook Score (Base Case)
47
Optimistic
46
Base Case
43
Pessimistic
Earnings $48,055/yr (-10% vs median)
AI Risk Very High (53% exposed)
Job Market Very Large (105,700 openings/yr)
ROI 2.9x earnings multiple
Ranked #72 of 81 Business/Managerial Economics programs

How AI Changes the Outlook

Three scenarios based on how aggressively AI disrupts the career paths available to Business Economics graduates.

Optimistic
No Disruption		 Base Case
Gradual AI		 Pessimistic
Aggressive AI
10-Year Earnings $658K $637K $571K
Earnings Multiple 3.0x 2.9x 2.6x
Probability of Field Employment 66% 58% 42%
DegreeOutlook Score 47 46 43

10-Year Earnings Projection

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

4-Year Tuition (Sticker)
$216,400
4-Year Net Price (After Aid)
$115,936
46% less than sticker · See by income
Reported Earnings (5 Year)
$68,566
43% growth from Year 1

Program Analysis

First-year earnings of $48,055 track close to the $53,330 national median for Business Economics programs. This is a middle-of-the-road outcome on salary alone.

An earnings multiple of 2.9x means the program roughly breaks even in financial terms over ten years. Non-financial factors need to justify the investment.

AI risk is moderate — 53% task exposure — and the 13% scenario spread suggests disruption would dent but not destroy the earnings outlook.

At #72 out of 81 programs, Wofford College's financial outcomes for Business Economics trail the majority of peers. The value case depends on other factors.

The five-year earnings trajectory from $48,055 to $68,566 shows 43% growth, reflecting steady but unremarkable salary progression.

About Wofford College

With a 59% acceptance rate, Wofford College is moderately selective, a compact campus enrolling 1,873 students in Spartanburg, SC. The average net cost of $115,936 over four years represents a 46% discount from published tuition.

See all programs and financial aid at Wofford College →

Top Career Paths

Economics teachers, postsecondary $119,980/yr
Economists $115,440/yr
Financial risk specialists $106,000/yr
View all 5 career paths with salary ranges and AI risk →

Compare & Explore

Compare this program → View all 81 schools offering Business Economics →

Business Economics at Other Schools

Washington University in St Louis ($106,701) University of California-Los Angeles ($83,604) Villanova University ($82,212) Lehigh University ($81,796) Brigham Young University ($75,227) Bentley University ($68,627) Seton Hall University ($66,877) Ashford University ($66,360)

Other Majors at Wofford College

Computer Science ($64,267) Finance and Financial Management Services ($57,335) Accounting and Related Services ($51,552) International Relations and National Security Studies ($43,428) Romance Languages, Literatures, and Linguistics ($39,499) English Language and Literature, General ($34,478) Psychology, General ($34,429) Political Science and Government ($34,277)

Consider the Trade Route?

Compare Business Economics trade programs on TradeSchoolWorth →

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 Wofford College's Business Economics program score?
This program scores 46/100 — on the lower end for Business Economics. Prospective students should carefully weigh costs against likely earnings.
How vulnerable is Business Economics to AI automation?
AI won't 'replace' Business Economics careers outright, but it is likely to reduce the number of job openings. We model 53% 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 →