Analysis
John Jay's economics program has a troubling start, with first-year graduates earning just $33,709—bottom 10th percentile among New York economics programs and well below the state median of $50,058. That's a significant gap that parents need to understand: while elite New York programs like Barnard and Cornell see their economics grads earning above $80,000 immediately, John Jay students begin at less than half that level. The silver lining is the 69% earnings jump to $56,879 by year four, which approaches (though doesn't quite reach) the state median.
The low $11,750 debt load—about half the New York average—makes this struggle more manageable than it would be elsewhere. That 0.35 debt-to-earnings ratio means students can reasonably handle their loans even during those difficult first years. John Jay serves a predominantly working-class population (59% Pell Grant recipients), and many students here may be balancing jobs with school or entering the workforce through different pathways than traditional economics majors at more selective institutions.
The practical question is whether your child can weather those early career years earning far below what economics majors typically make. If staying in New York with minimal debt is the priority, this works. But if career launch velocity matters—and for economics majors competing for analyst and finance roles, it often does—stronger programs exist at comparable public tuition rates within SUNY.
Where CUNY John Jay College of Criminal Justice Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How CUNY John Jay College of Criminal Justice 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 John Jay College of Criminal Justice | $33,709 | $56,879 | +69% |
| 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 |
|---|---|---|---|---|---|
| $7,470 | $33,709 | $56,879 | $11,750 | 0.35 | |
| $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 John Jay College of Criminal Justice, approximately 59% 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 52 graduates with reported earnings and 28 graduates with debt data. Small samples may not be representative.