by our College Data Analytics TeamEconomics is a major offered under the social sciences program of study at Albion College. Here, you’ll find out more about the major bachelor’s degree program in economics, including such details as the number of graduates, ethnicity of students, related majors and concentrations, and more.
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Each year, we produce a number of different types of college rankings to help students decide which school is the best fit for them. The bachelor's program at Albion was ranked #375 on College Factual's Best Schools for economics list. It is also ranked #7 in Michigan.
Here are some of the other rankings for Albion.
In 2019-2020, the average part-time undergraduate tuition at Albion was $2,090 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 | $50,070 | $50,070 |
| Fees | $520 | $520 |
| Books and Supplies | $700 | $700 |
| On Campus Room and Board | $12,380 | $12,380 |
| On Campus Other Expenses | $800 | $800 |
Learn more about Albion tuition and fees.
You may also want to consider how much in student loans you’ll need when thinking about the overall cost to attend a school. Students who received their bachelor’s degree at Albion in Economics walked away with an average of $27,000 in student debt. That is 27% higher than the national average of $21,243.
economics who receive their bachelor’s degree from Albion make an average of $41,565 a year during the early days of their career. That is 11% lower than the national average of $46,790.
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.
Of the students who received their bachelor’s degree in economics in 2019-2020, 25.9% of them were women. This is less than the nationwide number of 33.7%.
Of those graduates who received a bachelor’s degree in economics at Albion in 2019-2020, 11.1% were racial-ethnic minorities*. This is lower than the nationwide number of 30%.
| Race/Ethnicity | Number of Students |
|---|---|
| Asian | 0 |
| Black or African American | 3 |
| Hispanic or Latino | 0 |
| Native American or Alaska Native | 0 |
| Native Hawaiian or Pacific Islander | 0 |
| White | 17 |
| International Students | 4 |
| Other Races/Ethnicities | 3 |
Economics students may decide to major in one of the following focus areas.
| Focus Area | Annual Graduates |
|---|---|
| General Economics | 26 |
| International Economics | 1 |
You may also be interested in one of these majors related to economics.
| Related Major | Annual Graduates |
|---|---|
| Anthropology | 6 |
| Political Science & Government | 17 |
| Sociology | 12 |
| Sociology & Anthropology | 1 |
*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.
More about our data sources and methodologies.
