Analysis
CUNY City College's economics program delivers the best financial benefit in this dataset: graduates leave with just $7,300 in debt—barely a third of what typical New York economics majors owe. For a family worried about borrowing, this is transformative. You're looking at a debt load students could realistically pay off in months rather than years, even with first-year earnings that start modestly at $45,556.
The earnings tell a more nuanced story. Starting salaries lag both the national median ($51,722) and New York's median ($50,058), placing graduates around the 40th percentile statewide. That gap matters in expensive New York City, where that first-year salary translates to real budget constraints. However, earnings do grow to $50,594 by year four, narrowing the distance to typical outcomes. The real comparison point isn't Columbia or Barnard—those serve fundamentally different student populations—it's whether this degree opens doors to career progression, which the 11% earnings growth suggests it does.
The value proposition here is clear: minimal financial risk with reasonable economic mobility. City College serves predominantly Pell Grant recipients (60%), and this program proves you don't need to take on crushing debt to study economics in New York. If your child can graduate nearly debt-free and earn a middle-class salary with room for growth, that's a foundation worth building on.
Where CUNY City College Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How CUNY City 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 |
|---|---|---|---|
| CUNY City College | $45,556 | $50,594 | +11% |
| 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% |
| Barnard College | $85,860 | $103,309 | +20% |
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 |
|---|---|---|---|---|---|
| $7,340 | $45,556 | $50,594 | $7,300 | 0.16 | |
| $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 CUNY City College, approximately 60% 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 114 graduates with reported earnings and 51 graduates with debt data. Small samples may not be representative.