Economics & Language Major Guide: Overview and RoEDU™ Opportunities 2025

The Economics & Language major builds core foundations in this discipline and prepares students with practical, career-relevant skills. Use RoEDU™ to find programs that match your goals.

Within Sciences, students often explore key subfields and specializations that provide targeted expertise.

Graduates translate classroom knowledge into real-world impact across sectors through hands-on projects and internships.

As part of Sciences, this major connects to diverse, high-demand fields and interdisciplinary pathways.

Salary Outlook

Entry-level salary
$107,535

Typical starting pay soon after graduation.

Mid-career salary (10y)
$170,021

Estimated after a decade of experience.

Experienced salary (20y)
$228,494

Seasoned professionals at ~20 years.

Weighted median over last 5 years
CAGR 8.0%

CAGR (compound annual growth rate) summarizes average yearly change across the observed period.

Estimated lifetime earnings

40 years, present value
$4,301,400

Employment-weighted across mapped SOCs; entry ≈ 85% of median; historical CAGR shown for last 5y; projections capped at 3% CAGR; lifetime is 40-year present value at 3% discount.

Career Opportunities & Salaries

Data from Bureau of Labor Statistics (2024) • Median wages, employment, and growth projections

OccupationMedian WageTotal JobsGrowth RateEducation
Foreign Language and Literature Teachers, Postsecondary
SOC: 25-1124
Occupation: Foreign Language and Literature Teachers, Postsecondary
$77,010
21,170
N/A
N/A
Economics Teachers, Postsecondary
SOC: 25-1063
Occupation: Economics Teachers, Postsecondary
$119,980
12,420
N/A
N/A
Social Scientists and Related Workers, All Other
SOC: 19-3099
Occupation: Social Scientists and Related Workers, All Other
$100,340
36,970
N/A
N/A
Managers, All Other
SOC: 11-9199
Occupation: Managers, All Other
$136,550
630,980
N/A
N/A
Interpreters and Translators
SOC: 27-3091
Occupation: Interpreters and Translators
$59,440
53,360
N/A
N/A
Area, Ethnic, and Cultural Studies Teachers, Postsecondary
SOC: 25-1062
Occupation: Area, Ethnic, and Cultural Studies Teachers, Postsecondary
$84,290
11,430
N/A
N/A

Historical Career Trends (2020-2024)

Historical data from Bureau of Labor Statistics (2020-2024) • Salary trends and employment growth over 5 years

Foreign Language and Literature Teachers, Postsecondary

10.1%
5-Year Growth
YearMedian WageEmployment
2024$77,01021,170
2023$78,76020,820
2022$76,03019,520
2021$77,03019,640
2020$69,92022,790

Economics Teachers, Postsecondary

11.9%
5-Year Growth
YearMedian WageEmployment
2024$119,98012,420
2023$115,30012,210
2022$103,93011,640
2021$104,94011,790
2020$107,26013,080

Social Scientists and Related Workers, All Other

15.0%
5-Year Growth
YearMedian WageEmployment
2024$100,34036,970
2023$95,89035,210
2022$88,90033,210
2021$84,43034,330
2020$87,26034,570

Managers, All Other

9.5%
5-Year Growth
YearMedian WageEmployment
2024$136,550630,980
2023$133,560589,750
2022$128,620543,290
2021$124,650497,890

Interpreters and Translators

13.6%
5-Year Growth
YearMedian WageEmployment
2024$59,44053,360
2023$57,09051,560
2022$53,64052,160
2021$49,11052,170
2020$52,33056,920

Area, Ethnic, and Cultural Studies Teachers, Postsecondary

6.9%
5-Year Growth
YearMedian WageEmployment
2024$84,29011,430
2023$86,03011,570
2022$80,9109,340
2021$78,9109,040
2020$78,8409,960

Economists

6.5%
5-Year Growth
YearMedian WageEmployment
2024$115,44015,880
2023$115,73016,420
2022$113,94016,370
2021$105,63015,640
2020$108,35017,520