Economics at Barnard College
Bachelor's Degree
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 $85,860—70% higher than the state median and ranking in the 95th percentile nationally—these 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
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Barnard College graduates compare to all programs nationally
Barnard College graduates earn $86k, placing them in the 95th percentile of all economics bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in New York
Economics bachelors's programs at peer institutions in New York (74 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Barnard College | $85,860 | $103,309 | $16,750 | 0.20 |
| Cornell University | $84,967 | $107,248 | $15,500 | 0.18 |
| Columbia University in the City of New York | $83,135 | $117,355 | $25,000 | 0.30 |
| Vassar College | $79,845 | $81,561 | $19,000 | 0.24 |
| Colgate University | $77,274 | $103,456 | $17,500 | 0.23 |
| Hamilton College | $71,350 | $94,218 | $18,250 | 0.26 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in New York
Compare tuition, earnings, and debt across New York schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Cornell University Ithaca | $66,014 | $84,967 | $15,500 |
| Columbia University in the City of New York New York | $69,045 | $83,135 | $25,000 |
| Vassar College Poughkeepsie | $67,805 | $79,845 | $19,000 |
| Colgate University Hamilton | $67,024 | $77,274 | $17,500 |
| Hamilton College Clinton | $65,740 | $71,350 | $18,250 |
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.