by our College Data Analytics TeamWe've gathered data and other essential information about the program, such as the average salary of graduates, ethnicity of students, how many students graduated in recent times, and more. In addition, we cover how UWM ranks in comparison to other schools with economics programs.
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The economics major at UWM is not ranked on College Factual’s Best Colleges and Universities for Economics. This could be for a number of reasons, such as not having enough data on the major or school to make an accurate assessment of its quality.
During the 2021-2022 academic year, University of Wisconsin - Milwaukee handed out 43 bachelor's degrees in economics. This is a decrease of 7% over the previous year when 46 degrees were handed out.
In 2022, 9 students received their master’s degree in economics from UWM. This makes it the #121 most popular school for economics master’s degree candidates in the country.
In addition, 3 students received their doctoral degrees in economics in 2022, making the school the #97 most popular school in the United States for this category of students.
Economics majors who earn their bachelor's degree from UWM go on to jobs where they make a median salary of $44,327 a year. Unfortunately, this is lower than the national average of $51,722 for all economics students.
While getting their bachelor's degree at UWM, economics students borrow a median amount of $21,859 in student loans. This is not too bad considering that the median debt load of all economics bachelor's degree recipients across the country is $39,273.
Out-of-state part-time undergraduates at UWM paid an average of $852 per credit hour in 2022-2023. The average for in-state students was $352 per credit hour. The following table shows the average full-time tuition and fees for undergraduates.
| In State | Out of State | |
|---|---|---|
| Tuition | $8,455 | $20,455 |
| Fees | $1,565 | $1,565 |
| Books and Supplies | $800 | $800 |
| On Campus Room and Board | $10,980 | $10,980 |
| On Campus Other Expenses | $3,600 | $3,600 |
Learn more about UWM tuition and fees.
In the 2021-2022 academic year, 43 students earned a bachelor's degree in economics from UWM. About 40% of these graduates were women and the other 60% were men.
The majority of bachelor's degree recipients in this major at UWM are white. In the most recent graduating class for which data is available, 58% of students fell into this category.
The following table and chart show the ethnic background for students who recently graduated from University of Wisconsin - Milwaukee with a bachelor's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 3 |
| Black or African American | 3 |
| Hispanic or Latino | 6 |
| White | 25 |
| Non-Resident Aliens | 3 |
| Other Races | 3 |
UWM 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 UWM Online Learning page.
Of the 10 students who earned a master's degree in Economics from UWM in 2021-2022, 70% were men and 30% were women.
The following table and chart show the ethnic background for students who recently graduated from University of Wisconsin - Milwaukee with a master's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 0 |
| Black or African American | 0 |
| Hispanic or Latino | 0 |
| White | 4 |
| Non-Resident Aliens | 6 |
| Other Races | 0 |
Take a look at the following statistics related to the make-up of the economics majors at University of Wisconsin - Milwaukee.
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 68 |
| Sociology | 48 |
| Anthropology | 35 |
| Geography & Cartography | 35 |
| Urban Studies | 16 |
More about our data sources and methodologies.