by our College Data Analytics TeamWe've pulled together some essential information you should know about the program, including how many students graduate each year, the ethnic diversity of these students, average starting salaries, and more. We've also included details on how Albion ranks compared to other colleges offering a major in economics.
Go directly to any of the following sections:
The bachelor's program at Albion was ranked #301 on College Factual's Best Schools for economics list. It is also ranked #6 in Michigan.
| Ranking Type | Rank |
|---|---|
| Best Economics Bachelor’s Degree Schools | 288 |
| Best Economics Schools | 301 |
During the 2021-2022 academic year, Albion College handed out 13 bachelor's degrees in economics. This is a decrease of 62% over the previous year when 34 degrees were handed out.
The median salary of economics students who receive their bachelor's degree at Albion is $48,756. Unfortunately, this is lower than the national average of $51,722 for all economics students.
In 2022-2023, the average part-time undergraduate tuition at Albion was $2,290 per credit hour for both in-state and out-of-state students. The following table shows the average full-time tuition and fees for undergraduates.
| In State | Out of State | |
|---|---|---|
| Tuition | $55,226 | $55,226 |
| Fees | $520 | $520 |
| Books and Supplies | $850 | $850 |
| On Campus Room and Board | $12,570 | $12,570 |
| On Campus Other Expenses | $950 | $950 |
Learn more about Albion tuition and fees.
During the 2021-2022 academic year, 13 economics majors earned their bachelor's degree from Albion. Of these graduates, 85% were men and 15% were women.
The majority of the students with this major are white. About 54% of 2022 graduates were in this category.
The following table and chart show the ethnic background for students who recently graduated from Albion College with a bachelor's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 0 |
| Black or African American | 1 |
| Hispanic or Latino | 3 |
| White | 7 |
| Non-Resident Aliens | 0 |
| Other Races | 2 |
Albion does not offer an online option for its economics bachelor’s degree program at this time. To see if the school offers distance learning options in other areas, visit the Albion Online Learning page.
Take a look at the following statistics related to the make-up of the economics majors at Albion College.
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 17 |
| Sociology | 11 |
| Anthropology | 5 |
| Sociology & Anthropology | 2 |
More about our data sources and methodologies.