Analysis
A business economics degree that lands graduates around $41,000 in their first year—matching other New York programs but trailing the national median by $12,000—raises practical questions about whether this CUNY pathway delivers competitive value. Similar programs across New York produce this income range, suggesting the estimate is reasonable, but it's notably below what graduates from CUNY Baruch (the system's business flagship) typically earn at $57,909. The estimated $20,775 in debt keeps the financial burden manageable at half of first-year earnings, comparable to what students at peer state schools carry.
The challenge here is context: Medgar Evers serves a predominantly Pell-eligible student body (57%) in a system known for accessibility rather than elite outcomes. For families prioritizing affordable access to a bachelor's degree, the debt load is reasonable and the earnings align with what New York's mid-tier business programs produce. However, if your child could gain admission to Baruch or similar programs with stronger alumni networks and recruiting pipelines, the earnings gap—potentially $17,000 annually—compounds significantly over a career.
The practical takeaway: this program likely delivers what New York's typical business economics degree produces, making it a financially sensible option if accessibility and location matter most. But acknowledge you're choosing stability over upside—the data from comparable programs suggests solid but not standout economic returns.
Where CUNY Medgar Evers College Stands
Earnings vs. debt across all business/managerial economics bachelors's programs nationally
Compare to Similar Programs in New York
Business/Managerial Economics bachelors's programs at peer institutions in New York (15 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $7,352 | $41,188* | — | $20,775* | — | |
| $7,464 | $57,909* | $70,307 | $12,000* | 0.21 | |
| $8,812 | $41,859* | $69,125 | $20,775* | 0.50 | |
| $8,815 | $40,517* | $63,367 | $26,000* | 0.64 | |
| $24,308 | $22,841* | — | —* | — | |
| National Median | — | $53,219* | — | $22,250* | 0.42 |
Career Paths
Occupations commonly associated with business/managerial economics graduates
Economists
Environmental Economists
Financial Risk Specialists
Management Analysts
Economics Teachers, Postsecondary
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 Medgar Evers College, approximately 57% 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 4 similar programs in NY. Actual outcomes may vary.