Claremont McKenna College Economics (Bachelor's): Tuition, Graduate Salary, and Debt

  • Bachelor's in Economics
  • Private nonprofit college
  • Claremont, CA
  • About 124 graduates a year

College Scorecard June 2026 release · BLS wages May 2025

The short answer

Claremont McKenna College economics graduates earn more than graduates of most economics programs nationally, $89,505 in their first year. Where this program stands out is debt. The typical graduate leaves with $12,000 in federal loans, less than at 96% of economics programs in the country. It is one of the higher-paying economics degrees in California.

First-year earnings$89,50598th percentile of 338 programs nationally
Earnings after 5 years$151,74470% more than year one
Median federal debt$12,0003rd lowest of 30 California programs
Debt-to-earnings13%California median 35%, national 43%

How it compares

Each figure is the median for graduates of the program. The California and national columns are the medians across all economics bachelor's programs that report the figure.

Five years out, Claremont McKenna College graduates earn more than the national figure and about $71,553 more than the California median.

Debt and first-year pay at every California economics program

Programs in the upper left give graduates higher pay for less debt. Dashed lines mark the California medians.

Claremont McKenna CollegeOther California programs

Hover over or tap a dot to see the school. Only programs that report both earnings and debt are shown.

What graduates earn over time

Pay rises about 70% between the first and fifth year.

Claremont McKenna College grads, year 1$89,505
Claremont McKenna College grads, year 5$151,744
All California economics grads, year 5$80,191

Year 1 and year 5 figures come from different graduating classes, so the growth rate is an estimate.

Does family income change the outcome?

Graduates who received Pell Grants, which go to students from lower-income families, earned about the same in their first year as other graduates. At this program, the outcome does not look worse for students with less money.

Pell Grant recipients, year 1 earnings$92,165
Other graduates, year 1 earnings$94,697

Paying back the loans

On a standard 10-year plan, the median debt means a payment of about $127 a month, or 1.7% of a graduate's typical monthly pay in the first year.

Where graduates work, and what the pay is worth

62% of graduates (29 of 47) were working in California one year after graduating. Prices in the Los Angeles area are about 14% above the national average, so a $89,505 salary here buys what about $78,813 buys in a typical US city.

Careers this field leads to

These are the jobs that the federal crosswalk from fields of study to occupations links to economics, largest first. Pay is the median across all experience levels.

Secondary School Teachers, Except Special and Career/Technical Education

$101,370

Median pay in California. 99,230 people work in this job in California. Nationally, jobs are projected to stay about the same in number from 2025 to 2035, with about 63,500 openings a year. Typical education to start: bachelor's degree.

Bottom 10%: $64,600Top 10%: $132,600

Market Research Analysts and Marketing Specialists

$94,700

Median pay in California. 119,070 people work in this job in California. Nationally, jobs are projected to grow 7% from 2025 to 2035, with about 82,000 openings a year. Typical education to start: bachelor's degree.

Bottom 10%: $48,440Top 10%: $181,600

Data Scientists

$141,590

Median pay in California. 39,310 people work in this job in California. Nationally, jobs are projected to grow 35% from 2025 to 2035, with about 24,800 openings a year. Typical education to start: bachelor's degree.

Bottom 10%: $77,480Top 10%: $224,920

Social Science Research Assistants

$60,250

Median pay in California. 5,300 people work in this job in California. Nationally, jobs are projected to grow 5% from 2025 to 2035, with about 4,900 openings a year. Typical education to start: bachelor's degree.

Bottom 10%: $38,060Top 10%: $117,070

About Claremont McKenna College

Economics ranks 1st of 2 bachelor's programs at Claremont McKenna College by first-year earnings. The other is Political Science ($42,552).

Other economics bachelor's programs near Claremont

Common questions

The median graduate earns $89,505 one year after graduating and $151,744 five years after. The median across economics bachelor's programs in California is $51,212.

About this data

  • Earnings and debt only include students who received federal financial aid (grants or loans).
  • Earnings only count graduates who were working and not enrolled in more school. Graduates who went straight to further study are not included.
  • Debt only includes federal loans. Private loans and credit cards are not counted.
  • Some schools with several campuses report one combined figure for all of them. We count each of those schools once, and leave them out of California comparisons when their main campus is in another state.
  • Scorecard figures describe graduating classes from several years ago. BLS wages are from May 2025.
  • School-level numbers like tuition, admission rate, and graduation rate are for the whole school, not the economics program.

Sources

  1. U.S. Department of Education, College Scorecard, field of study and institution files, June 2026 release
  2. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025
  3. Bureau of Labor Statistics, Employment Projections 2025 to 2035
  4. Bureau of Economic Analysis, Regional Price Parities, 2024
  5. NCES, CIP 2020 to SOC 2018 crosswalk, and IPEDS institution directory, 2024

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