# University of Minnesota-Twin Cities: Economics (bachelor's)

Minneapolis, MN. IPEDS 174066, CIP 45.06. Page: https://educationguide.com/colleges/university-of-minnesota-twin-cities/majors/economics

## Graduate outcomes
- Median earnings 1 year after graduating: $56,902
- Median earnings 4 years after graduating: $82,488 (U.S. median for this major: $79,489 across 368 colleges)
- Median federal loan debt: $21,500 (U.S. median $22,907)
- Rank in MN: 8 of 11 colleges by 4-year earnings
- Versus the MN median for this major (11 colleges, $85,593): -$3,105
- Versus the U.S. median: +$2,999

## Cost to finish and years to pay back (EducationGuide calculation)
School-wide net price x 4.15 years (average time graduates took). Earnings gain = $82,488 minus $38,184 for high school graduates ages 25-34 in MN (Census ACS 2020-2024).

| Family income | Net price / yr | Cost to finish | Years to pay back |
|---|---|---|---|
| 0-30k | $6,642 | $27,564 | under 1 year |
| 30-48k | $7,283 | $30,224 | under 1 year |
| 48-75k | $9,931 | $41,214 | under 1 year |
| 75-110k | $16,415 | $68,122 | 1.5 years |
| 110k+ | $27,008 | $112,083 | 2.5 years |

Method: https://educationguide.com/how-we-score#value

## Economics at MN colleges
| College | Earnings 4 yrs | Median debt | Avg. net price | Graduation |
|---|---|---|---|---|
| Gustavus Adolphus College | $91,252 | $24,474 | $22,900 | 77% |
| University of St Thomas | $89,881 | $24,600 | $29,155 | 76% |
| Augsburg University | $88,507 | $27,000 | $23,873 | 52% |
| St Catherine University | $87,821 | $30,215 | $19,764 | 61% |
| Carleton College | $87,193 | $19,500 | $25,407 | 90% |
| Macalester College | $85,593 | $24,000 | $32,149 | 87% |
| St Olaf College | $84,559 | $27,000 | $23,874 | 84% |
| University of Minnesota-Twin Cities | $82,488 | $21,500 | $16,778 | 85% |
| Minnesota State University-Mankato | $80,795 | $21,474 | $19,139 | 54% |
| Saint Johns University | $80,461 | $27,000 | $25,672 | 75% |
| University of Minnesota-Duluth | $69,792 | $25,250 | $18,743 | 65% |

## Careers
- Secondary School Teachers, Except Special and Career/Technical Education (SOC 25-2031): median wage $79,010 Minneapolis-St. Paul-Bloomington, MN-WI, $76,460 MN, $72,040 U.S.; U.S. jobs -0.2% by 2035
- Market Research Analysts and Marketing Specialists (SOC 13-1161): median wage $97,910 Minneapolis-St. Paul-Bloomington, MN-WI, $87,510 MN, $78,760 U.S.; U.S. jobs 7% by 2035
- Data Scientists (SOC 15-2051): median wage $129,780 Minneapolis-St. Paul-Bloomington, MN-WI, $128,800 MN, $120,230 U.S.; U.S. jobs 34.6% by 2035

## Sources and years
- Earnings (4 yr): Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars; debt: NSLDS pooled AY2018-19, AY2019-20 cohort

Free to reuse with attribution: cite "EducationGuide.com" with a link to the page URL. Most figures are U.S. government data (public domain); loan default rates and athletics come from the Urban Institute Education Data Portal (ODC-By 1.0, attribution required) and founding years from Wikidata (CC0).