Analysis
Comparable economics programs in New York suggest first-year earnings around $50,000—right at the state median—paired with an estimated $25,000 in debt. That 0.50 debt-to-earnings ratio falls within manageable territory, though it's worth noting the debt estimate runs slightly higher than what other New York economics programs typically produce ($21,550 median). The practical reality: your child would likely face monthly loan payments around $280 on a standard 10-year plan, consuming roughly 7% of gross monthly income.
The uncertainty here matters more than usual. Economics programs in New York span an enormous range—from Cornell and Columbia graduates earning over $80,000 to programs producing half that. Without actual graduate outcomes from Houghton specifically, you're betting that this small liberal arts college's economics program performs similarly to the state's middle-tier programs. The 93% admission rate and modest average SAT suggest Houghton serves a different student population than the elite programs dominating New York's economics rankings, which could affect both networking opportunities and recruiting pipelines that often drive economics graduates' earning potential.
The numbers pencil out if the estimates hold, but you're working with considerably less certainty than you would at schools with published outcomes. Ask Houghton directly about where recent economics graduates have landed—employer names, job titles, and actual starting salaries would help validate whether these peer-based projections reflect their students' real-world results.
Where Houghton 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 |
|---|---|---|---|---|---|
| $17,290 | $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 Houghton University, approximately 34% 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.