Analysis
Barnard economics graduates command top-tier salaries while carrying notably less debt than peers, a combination that's rare among New York's elite colleges. With first-year earnings of $85,860β70% higher than the state median and ranking in the 95th percentile nationallyβthese graduates out-earn those from nearly every program in New York except Cornell and Columbia. Yet they graduate with just $16,750 in median debt, roughly $5,000 less than the typical economics graduate nationwide.
The debt-to-earnings ratio of 0.20 means graduates owe less than three months' salary, giving them immediate financial flexibility that many peers at comparably selective schools don't enjoy. Earnings continue climbing to over $103,000 by year four, suggesting strong career trajectory rather than just favorable starting positions. This pattern holds even among New York's competitive economics programs, where Barnard outperforms schools like Vassar and Hamilton.
For families weighing selective liberal arts colleges, Barnard offers Ivy-caliber earnings outcomes with significantly more manageable debt. The 8% admission rate reflects its selectivity, but the financial return makes the investment equation straightforward: graduates earn enough to render the debt burden nearly trivial while launching careers that put them among the highest-earning economics majors in the country.
Where Barnard College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How Barnard College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Barnard College | $85,860 | $103,309 | +20% |
| Columbia University in the City of New York | $83,135 | $117,355 | +41% |
| Cornell University | $84,967 | $107,248 | +26% |
| Colgate University | $77,274 | $103,456 | +34% |
| Hamilton College | $71,350 | $94,218 | +32% |
Compare to Similar Programs in New York
Economics bachelors's programs at peer institutions in New York (74 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $66,246 | $85,860 | $103,309 | $16,750 | 0.20 | |
| $66,014 | $84,967 | $107,248 | $15,500 | 0.18 | |
| $69,045 | $83,135 | $117,355 | $25,000 | 0.30 | |
| $67,805 | $79,845 | $81,561 | $19,000 | 0.24 | |
| $67,024 | $77,274 | $103,456 | $17,500 | 0.23 | |
| $65,740 | $71,350 | $94,218 | $18,250 | 0.26 | |
| National Median | β | $51,722 | β | $22,816 | 0.44 |
Career Paths
Occupations commonly associated with economics graduates
Economists
Environmental Economists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Statisticians
Biostatisticians
Economics Teachers, Postsecondary
Market Research Analysts and Marketing Specialists
Search Marketing Strategists
Secondary School Teachers, Except Special and Career/Technical Education
Survey Researchers
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Barnard College, approximately 15% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Sample Size: Based on 46 graduates with reported earnings and 36 graduates with debt data. Small samples may not be representative.