Analysis
Economics graduates from small liberal arts colleges in New York often face wildly different career trajectories depending on their institution's network and location. Based on comparable programs across the state, Nazareth's economics degree appears to position graduates right at the state median—around $50,000 in first-year earnings with an estimated $25,000 in debt. That 0.50 debt-to-earnings ratio is manageable by most standards, suggesting graduates could reasonably pay down their loans within a few years if they stay on track financially.
The challenge is context. While Nazareth's estimated outcomes align with typical New York economics programs, the state's top performers—Barnard, Cornell, Columbia—report first-year earnings in the $80,000+ range. That's not just a gap; it's a chasm that reflects differences in recruiting pipelines, alumni networks, and the competitive advantage of brand-name credentials in finance and consulting. Nazareth's 80% admission rate and regional focus suggest a different value proposition entirely: accessible economics education for students who may not crack into elite institutions, but at a price point (in debt terms) that's actually slightly higher than the state median.
The practical question: can your child leverage an economics degree from a mid-tier Rochester school into career opportunities that justify the investment? The estimated numbers suggest it's possible, but success likely depends on their ability to build internship experience and professional connections independently. This isn't a program with built-in momentum.
Where Nazareth 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 |
|---|---|---|---|---|---|
| $40,880 | $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 Nazareth University, approximately 26% 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.