Philosophy, Politics, and Economics
Philosophy, Politics, and Economics graduates earn an average annual wage of $146,528, making it one of the higher-paying degree fields. With 81,400 professionals in the field earning competitive wages, this degree offers strong career prospects.
Key Statistics
Institutions
Information about the types of higher education institutions that grant degrees in Philosophy, Politics, and Economics and the types of students that study this field.
Tuition Costs for Common Institutions
$13,854 Median In-State Public
$41,825 Median Out of State Private
Tuition costs for Philosophy, Politics, and Economics majors are, on average, $13,854 for in-state public colleges, and $41,825 for out of state private colleges.
Tuition costs comparison for Philosophy, Politics, and Economics programs.
Degrees Awarded Over Time
539 Total Degrees Awarded in 2023
This chart shows the number of degrees awarded in Philosophy, Politics, and Economics from 2015 to 2023.
Historical trend of degrees awarded in Philosophy, Politics, and Economics.
Top 5 Schools by Enrollment
| # | School | State | Enrollment |
|---|---|---|---|
| 1 | University of Arizona | AZ | 40,769 |
| 2 | University of Michigan-Ann Arbor | MI | 33,488 |
| 3 | University at Buffalo | NY | 20,284 |
| 4 | Bowling Green State University-Main Campus | OH | 12,255 |
| 5 | Calvin University | MI | 2,921 |
Schools with the largest enrollment offering Philosophy, Politics, and Economics programs.
Top 5 Most Affordable Tuition
| # | School | State | Tuition |
|---|---|---|---|
| 1 | Southeastern Baptist Theological Seminary | NC | $10,646 |
| 2 | University at Buffalo | NY | $10,782 |
| 3 | University of Arizona | AZ | $13,626 |
| 4 | Bowling Green State University-Main Campus | OH | $14,081 |
| 5 | Criswell College | TX | $14,310 |
Schools with the lowest tuition costs for Philosophy, Politics, and Economics programs.
Top 5 Most Affordable Net Price
| # | School | State | Net Price |
|---|---|---|---|
| 1 | Southeastern Baptist Theological Seminary | NC | $6,608 |
| 2 | Criswell College | TX | $12,929 |
| 3 | University of Michigan-Ann Arbor | MI | $14,832 |
| 4 | University of Arizona | AZ | $15,960 |
| 5 | Swarthmore College | PA | $18,686 |
Schools with the lowest net price (after financial aid) for Philosophy, Politics, and Economics programs.
Graduation Rates
59.36% Median Graduation Rate (150% of normal time)
57.43% Average Graduation Rate
144 Institutions Reporting
43.88% - 71.16% Interquartile Range
Graduation/completion rates for Philosophy, Politics, and Economics programs across institutions.
Employment
Information on the businesses and industries that employ Philosophy, Politics, and Economics graduates and on wages and locations for those in the field.
Yearly Income for Common Jobs
$146,528 Average Wage in Workforce
The average salary for Philosophy, Politics, and Economics majors is $146,528.
Average annual salaries of the most common occupations for Philosophy, Politics, and Economics majors.
Occupations by Share
81,400 2023 Workforce
The number of Philosophy, Politics, and Economics graduates in the workforce has been growing.
Various jobs filled by those with a major in Philosophy, Politics, and Economics by share of the total number of graduates.
Return on Investment & Value
Financial analysis of Philosophy, Politics, and Economics degree including debt, earnings, and return on investment metrics.
Financial Value Analysis
ROI data is not available for this degree program.
Financial value comparison for Philosophy, Politics, and Economics degree.
Diversity
Demographic information for those who earn a degree in Philosophy, Politics, and Economics in the United States.
Workforce Age
N/A Average Age in 2023
This chart shows distribution of ages for employees with a degree in Philosophy, Politics, and Economics.
Age distribution for Philosophy, Politics, and Economics degree holders in the workforce.
Gender Distribution
Gender distribution data is not available for this degree program.
Gender distribution of Philosophy, Politics, and Economics degree recipients.
Race and Ethnicity Distribution
Race and ethnicity distribution data is not available for this degree program.
Racial and ethnic distribution of Philosophy, Politics, and Economics degree recipients.
Degrees Awarded
The most common degree types awarded to students graduating in Philosophy, Politics, and Economics are Bachelors Degree, Masters Degree, and Associates Degree.
Distribution of degree types awarded in Philosophy, Politics, and Economics.
Skills
Data on the critical and distinctive skills necessary for those working in the Philosophy, Politics, and Economics field from the Bureau of Labor Statistics.
Required Skills
Philosophy, Politics, and Economics majors need many skills, but most especially Critical Thinking, Active Listening, and Reading Comprehension.
Rating of how necessary various skills are for Philosophy, Politics, and Economics majors.
Skills Bar Chart
This bar chart shows the same information as the radar chart, displaying the importance of each skill.
Skill importance ratings for Philosophy, Politics, and Economics majors.
About
Philosophy, Politics, and Economics
In 2023, 539 degrees were awarded across all undergraduate and graduate programs in Philosophy, Politics, and Economics.
CIP Code
00.3051 - Philosophy, Politics, and Economics
Insights and Analysis
High Earning Potential: Philosophy, Politics, and Economics graduates earn an average annual wage of $146,528, placing them among the top earners in the workforce. This strong earning potential reflects both the demand for skills in this field and the value employers place on this degree.
Data Sources
This page uses data from the following sources:
- College Scorecard - U.S. Department of Education
- Institutional characteristics, costs, completion rates, and earnings data
- Data years: 2015-2024
- Source: collegescorecard.ed.gov
- Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS)
- Employment and wage data by occupation
- Latest data: May 2024
- Source: bls.gov/oes
- O*NET Online - U.S. Department of Labor
- Occupational skills, knowledge, abilities, and work activities
- Database version: 28.0 (August 2023)
- Source: onetcenter.org
- IPEDS (Integrated Postsecondary Education Data System) - National Center for Education Statistics
- Institutional data, completions, enrollment, and financial aid
- Data years: 2015-2024
- Source: nces.ed.gov/ipeds
- Census Bureau American Community Survey (ACS)
- Demographic and workforce data
- Latest data: 2023 ACS 5-Year Estimates
- Source: census.gov/acs
Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.
Last Updated: Data reflects the most recent available information as of January 2025.
Methodology
Data for this profile is sourced from the U.S. Department of Education's College Scorecard dataset, IPEDS completion data, and Bureau of Labor Statistics employment data.
All financial figures are adjusted for inflation and represent the most recent available data. Employment and wage data are from the most recent Census Bureau ACS PUMS estimates.