Analysis
Peer economics programs across New York suggest first-year earnings around $50,000—a figure that would place this program squarely at the state median, though well behind elite institutions like Barnard and Cornell where graduates start above $80,000. The estimated $25,000 debt load sits slightly above both state and national medians for economics degrees, resulting in a debt-to-earnings ratio of 0.50. This means comparable programs typically saddle graduates with debt equal to half their first-year salary—manageable by most standards, but not exceptional given economics' reputation as a financially practical major.
What complicates the assessment here is that we're working entirely from estimates derived from similar programs, since Niagara's own graduate sample was too small for the Department of Education to publish. The actual outcomes could be better or worse than these peer benchmarks suggest. Economics degrees generally provide solid earning potential and reasonable debt burdens, but the $50,000 starting point—if accurate—means graduates won't see the premium often associated with the field. For a family evaluating an 85% admission rate school with moderate selectivity, this estimated financial picture suggests adequate but unspectacular returns, especially when debt approaches $25,000. You'll want to understand whether Niagara's placement record and alumni network can deliver results that beat these state averages before committing.
Where Niagara 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)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $38,135 | $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 Niagara 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.