ROI Major

Economics at Connecticut College

CT · Bachelor's Degree · CIP 45.06

Apply Now Data: 2026 release

Executive Summary

Graduates with a Economics degree from Connecticut College earn a median salary of $109,357 within five years of graduation. Adjusted for the cost of living in CT, this represents a national purchasing power equivalent of $94,846. The degree typically pays for itself in 3.7 years.

Quick Insights

Solid Investment

How this degree looks at a glance

A fast read on salary range, break-even speed, living-cost impact, and where graduates from this school usually land.

Salary Ranges

Starting Range

$81,168

Typical Career

$109,357

Top Performers

$150,681

Estimated break-even: 3.7 years.

Debt-to-Income Check

$729

Estimated comfortable monthly loan payment

Typical monthly pay is approximately $9,113. Most students can comfortably afford about a $729 monthly loan payment with this degree.

Comparison Bench

This degree earns 2.8x more than the average US high school graduate and 1.4x more than the average college graduate.

Purchasing Power Context

A dollar in Connecticut buys what costs $1.15 nationally.

Industry Breadcrumbs

Top industries for bachelor's graduates from this school: Professional, Scientific & Technical Services, Educational Services, Health Care & Social Assistance.

Where Bachelor's Graduates from This School Work

Professional, Scientific & Technical Services 18.3%
Educational Services 15.9%
Health Care & Social Assistance 11.9%

Institution-wide industry mix for graduates, 5 years after graduation. This is not major-specific. Source: Census PSEO Flows.

5-Year Median Salary — National Purchasing Power Equivalent

$94,846

Nominal: $109,357 in Connecticut (COL 115.3% of national avg) · 13.3% lower purchasing power

10-Year Earnings Curve

Break-Even Timeline

How long until cumulative earnings advantage exceeds total college investment (tuition + opportunity cost vs. entering workforce directly after high school).

3.7 years to break even
Graduation 15 years

Total Investment

$155,168

4yr tuition + 4yr opportunity cost

HS Graduate Baseline

$38,792/yr

BLS 2023 median, HS diploma

View Raw Data: Median Earnings by Year
Timeframe 25th Pct. Median (50th) 75th Pct.
1 Year After Graduation $49,969 $64,912 $82,142
5 Years After Graduation $81,168 $109,357 $150,681
10 Years After Graduation $125,817 $181,459 $314,840

Source: US Census Bureau Post-Secondary Employment Outcomes (PSEO), 2025 release. Earnings shown for Bachelor's degree graduates (all cohorts combined).

How We Calculate Purchasing Power

The median salary of $109,357 is reported by the US Census Bureau's Post-Secondary Employment Outcomes (PSEO) dataset for graduates working in CT, which has a cost-of-living index of 115.3% of the national average.

Formula: Adjusted Salary = Nominal × (1.0 ÷ COL Index)
= $109,357 × (1.0 ÷ 1.1530) = $94,846 National Average equivalent.

COL index source: BLS Regional Consumer Price Index & MIT Living Wage Project, 2023. Full methodology →

Career Verdict

Graduates with an Economics degree from Connecticut College experience a significant earnings trajectory. One year after graduation, median earnings stand at $64,912, which increases to $109,357 after five years and reaches $181,459 after ten years. When considering purchasing power, the median earnings five years post-graduation adjust to a national equivalent of $94,845.62, reflecting the cost of living in Connecticut, which has a higher cost of living index (1.153) compared to the national average (1.0).

The top industries for Economics graduates include Professional, Scientific & Technical Services (18.3%), Educational Services (15.9%), and Health Care & Social Assistance (11.9%). The estimated break-even point for graduates compared to those with only a high school diploma is approximately 3.7 years, indicating a favorable return on investment for pursuing this degree. Overall, the combination of strong earnings potential and diverse industry opportunities suggests that an Economics degree from Connecticut College can provide a solid financial foundation for graduates.

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Data sources: US Census Bureau Post-Secondary Employment Outcomes (PSEO). Cost-of-living index: BLS Regional CPI & MIT Living Wage Project. Cost of attendance: IPEDS. For informational use only; data may be suppressed for small cohort sizes.