Median Earnings (1yr)
$41,547
14th percentile (25th in NY)
Median Debt
$26,000
14% above national median
Debt-to-Earnings
0.63
Manageable
Sample Size
72
Adequate data

Analysis

Buffalo State's economics program shows a concerning gap between what graduates earn and what the state's stronger programs deliver. Starting at $41,547, first-year earnings trail both the New York median ($50,058) and the national benchmark ($51,722) by roughly $10,000—placing this program in the bottom quarter of economics offerings statewide. While the $26,000 debt load is reasonable and manageable at 0.63 times first-year income, the real question is whether the degree opens doors to the higher-paying careers economics majors typically pursue.

The 35% earnings jump to $56,086 by year four offers some reassurance—graduates do see meaningful salary growth that eventually approaches competitive levels. However, this still lags behind what students earn right out of the gate at stronger New York programs. Given that over half of Buffalo State students receive Pell grants, many families are looking at economics as a path to financial mobility, and these numbers suggest the program may not deliver the premium parents expect from an economics degree.

For families considering this program, the calculation depends heavily on alternatives. At Buffalo State's in-state tuition rate and with manageable debt, this could work for students who need an affordable path to a business-adjacent degree and are willing to grind through lower early earnings. But students who can access SUNY's more competitive campuses or afford private alternatives should strongly consider them—the earnings difference compounds significantly over a career.

Where SUNY Buffalo State University Stands

Earnings vs. debt across all economics bachelors's programs nationally

SUNY Buffalo State UniversityOther economics programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How SUNY Buffalo State University graduates compare to all programs nationally

SUNY Buffalo State University graduates earn $42k, placing them in the 14th percentile of all economics bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in New York

Economics bachelors's programs at peer institutions in New York (74 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
SUNY Buffalo State University$41,547$56,086$26,0000.63
Barnard College$85,860$103,309$16,7500.20
Cornell University$84,967$107,248$15,5000.18
Columbia University in the City of New York$83,135$117,355$25,0000.30
Vassar College$79,845$81,561$19,0000.24
Colgate University$77,274$103,456$17,5000.23
National Median$51,722—$22,8160.44

Other Economics Programs in New York

Compare tuition, earnings, and debt across New York schools

SchoolIn-State TuitionEarnings (1yr)Debt
Barnard College
New York
$66,246$85,860$16,750
Cornell University
Ithaca
$66,014$84,967$15,500
Columbia University in the City of New York
New York
$69,045$83,135$25,000
Vassar College
Poughkeepsie
$67,805$79,845$19,000
Colgate University
Hamilton
$67,024$77,274$17,500

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 SUNY Buffalo State University, approximately 53% 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.

Sample Size: Based on 72 graduates with reported earnings and 72 graduates with debt data. Small samples may not be representative.