Analysis
Four years out, this program's graduates earn $77,561—a solid figure that suggests meaningful career progression in New York's competitive business landscape. But the early numbers tell a different story. Based on comparable programs across New York, first-year earnings hover around $41,188, which falls roughly $12,000 below the national median for business economics degrees. That's a significant gap in a high-cost-of-living market like New York City.
The estimated $24,000 debt load is manageable relative to that first-year salary, creating a debt-to-earnings ratio of 0.58. Similar programs nationally carry a median debt of $22,250, so Pace students aren't taking on unusually heavy borrowing for this credential. The real question is whether the trajectory from $41,000 to $77,000 holds broadly—and whether graduates can sustain themselves financially during those crucial early years in one of the country's most expensive cities.
For families weighing this investment, the four-year earnings figure offers encouragement, but that initial earning period requires careful planning. Students who can minimize living expenses early or who have financial support during the first few years post-graduation will be better positioned to benefit from the program's longer-term earning potential. Given the limited sample size that necessitated these estimates, connecting directly with Pace's career services to understand typical employer outcomes and entry-level placement rates would provide essential clarity.
Where Pace University Stands
Earnings vs. debt across all business/managerial economics bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Pace University | — | $77,561 | — |
| Villanova University | $82,212 | $122,309 | +49% |
| CUNY Bernard M Baruch College | $57,909 | $70,307 | +21% |
| SUNY Oneonta | $41,859 | $69,125 | +65% |
| State University of New York at Cortland | $40,517 | $63,367 | +56% |
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 |
|---|---|---|---|---|---|
| $51,424 | $41,188* | $77,561 | $24,000* | — | |
| $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 Pace University, approximately 27% 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.