Analysis
Skidmore's selective economics program shows stronger mid-career momentum than initial outcomes, with earnings jumping from an estimated $50,000 in year one to $74,125 by year four. That trajectory matters, though parents should know the early figure comes from comparable economics programs across New York rather than Skidmore's own graduates—the school's cohort was too small for the Department of Education to report specific data.
The estimated $25,000 debt load translates to a manageable 0.50 debt-to-earnings ratio, half what borrowers owe relative to what they earn in year one. By year four, when earnings have climbed substantially, those monthly payments become even more affordable. Other selective New York schools like Barnard and Cornell report first-year earnings in the $80,000+ range for their economics graduates, suggesting this tier of institution can deliver stronger immediate outcomes, though Skidmore's year-four figure shows competitive catching up.
For an anxious parent, the takeaway is this: Skidmore's economics graduates appear to do well eventually, but you're making decisions with limited program-specific data. The mid-career earnings are solid and the estimated debt reasonable, but if maximizing early earning power matters—particularly given Skidmore's highly selective admissions and the alternative programs available in New York—you'll want to dig into where recent graduates actually landed and whether the school's career services deliver the connections that translate a good liberal arts economics degree into strong initial opportunities.
Where Skidmore College Stands
Earnings vs. debt across all 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 |
|---|---|---|---|
| Skidmore College | — | $74,125 | — |
| Columbia University in the City of New York | $83,135 | $117,355 | +41% |
| Cornell University | $84,967 | $107,248 | +26% |
| Colgate University | $77,274 | $103,456 | +34% |
| Barnard College | $85,860 | $103,309 | +20% |
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 |
|---|---|---|---|---|---|
| $65,030 | $50,059* | $74,125 | $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 Skidmore College, approximately 14% 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.