Analysis
A $25,000 debt load paired with first-year earnings around $50,000 sounds reasonable on paper, but Economics programs in New York vary dramatically in outcomes. While peer programs across the state suggest this debt-to-earnings ratio of 0.50, the reality is that top Economics programs in New York—Barnard, Cornell, Columbia—are producing graduates who earn $80,000 or more in their first year. Against that backdrop, Clarkson's estimated trajectory lands squarely in the middle of the pack.
The $50,000 earnings figure aligns almost exactly with the state median for Economics bachelor's programs, which tells you this is a functional but not exceptional launching pad. With an admission rate of 77% and relatively limited data on actual graduate outcomes at this specific program, you're essentially betting that comparable programs provide a reliable preview. The debt estimate, based on similar private institutions in New York, is slightly higher than both state and national medians for Economics degrees.
For parents weighing this investment, the question becomes whether Clarkson's broader engineering-focused environment and smaller cohorts justify paying middle-of-the-road outcomes when larger, more established Economics programs in the state might offer better networking and career services. The numbers suggest this degree won't bury your child in debt, but it's unclear what advantage it provides over less expensive state alternatives or more competitive programs with proven track records.
Where Clarkson University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in New York
Economics bachelors's programs at peer institutions in New York (74 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $57,950 | $50,059* | — | $25,000* | — | |
| $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 | |
| National Median | — | $51,722* | — | $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 Clarkson University, approximately 20% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 36 similar programs in NY. Actual outcomes may vary.