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Economics at Macalester College

If you plan to study Economics, you may want to check out the program at Macalester College. The following information will help you decide if it is a good fit for you.

Macalester College is in Saint Paul, MN.

During the most recent reporting year, 57 economics degrees were awarded at Macalester College.

Studying Online at Macalester College

Macalester College delivers most coursework on campus; distance-education enrollment is limited.

Economics Rankings at Macalester College

Use these rankings to compare Macalester College’s Economics program against other schools offering the same major.

Bachelor’s-Level Rankings

Ranking	Scope	Rank
Best Schools (Quality)	Minnesota	#3 of 10
Best Schools (Quality)	The Plains States (Region)	#7 of 31
Best Value	Minnesota	#9 of 10
Best Value	The Plains States (Region)	#28 of 31
Best Schools (Quality)	Nationwide	#136 of 466
Best Value	Nationwide	#373 of 463

Earnings for Economics Graduates from Macalester College

Those who finish Macalester College’s Economics program earn the following amounts (per the U.S. Department of Education’s College Scorecard):

Years After Graduation	Median Earnings
1 year	$47,163
2 years	$64,493
3 years	$72,135
4 years	$83,794
5 years	$97,301

How does this compare to the school overall? Four years out, Economics graduates from Macalester College report median earnings of $83,794, compared with $67,300 for all Macalester College graduates — about 25% higher than the school-wide median.

Median Debt at Graduation

Median student loan debt for Economics graduates from Macalester College stands at $24,000.

Student Demographics & Diversity

Below you’ll find the composition of Economics graduates at Macalester College, by degree type.

Across all degree levels, Economics graduates at Macalester College are 47% women (27) and 53% men (30).

Economics Bachelor’s Program at Macalester College

Of the 57 bachelor’s economics graduates at Macalester College, 47% were women (27) and 53% were men (30).

The following table and chart show the race/ethnicity of Economics bachelor’s degree recipients at Macalester College.

Race / Ethnicity	Number of Graduates
White	24
Hispanic / Latino	2
Black / African American	2
Asian	5
Two or More Races	2
International (Nonresident)	21
Unknown	1

Racial-ethnic minorities make up 19% of Economics bachelor’s degree recipients at Macalester College, below the national average of 34%.*

*The racial-ethnic minorities figure is the total number of graduates minus White, international (nonresident), and unknown-race graduates.

More Specific Economics Concentrations at Macalester College

This Economics program at Macalester College breaks down into more specific concentrations:

Concentration	Graduates
Quantitative Economics	57

Best-Paid Careers for Economics Graduates

Graduates of the Economics program at Macalester College work across a variety of fields. The table below ranks the highest-paying careers for Economics majors, ordered by median annual salary:

Occupation	Nationwide Median Wage
Wind Energy Development Managers	$169,952
Loss Prevention Managers	$165,723
Business Intelligence Analysts	$143,840
Statisticians	$130,349
Market Research Analysts and Marketing Specialists	$124,518
Wind Energy Operations Managers	$122,567
Biostatisticians	$121,594
Compliance Managers	$117,178
Survey Researchers	$108,538
Data Scientists	$106,295

References

• IPEDS — Integrated Postsecondary Education Data System
• U.S. Department of Education — College Scorecard
• O*NET Online (Bureau of Labor Statistics)
• National Center for Education Statistics

More about our data sources and methodologies.