Analysis
A debt-to-earnings ratio of 0.40 suggests a manageable financial picture for this economics degree, though peer programs in New York indicate first-year earnings around $50,000βessentially matching both state and national benchmarks for the field. With nearly half of students receiving Pell grants, Old Westbury serves a different population than the elite institutions dominating New York's economics rankings, where graduates command $80,000+ in their first year. The question is whether a more accessible economics degree delivers comparable value when the immediate earnings gap is substantial.
The estimated $20,000 debt load sits below typical borrowing for New York economics programs, which helps offset the earnings picture. Similar programs across the state show graduates typically earning enough to manage this debt burden within standard repayment timelines. However, the suppressed data here means we're working with broad state averages rather than Old Westbury-specific outcomes, making it harder to assess how this particular program's curriculum, internship networks, and career services translate into real opportunities.
For families weighing this investment, the fundamentals look workable: modest debt paired with earnings that track state norms. But the lack of school-specific data and the significant earnings gap compared to New York's top programs means you're betting on Old Westbury's ability to deliver outcomes similar to peer institutions. If your student has options at schools with reported data showing stronger results, those figures offer more certainty than estimates can provide.
Where SUNY Old Westbury 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 |
|---|---|---|---|---|---|
| $8,379 | $50,059* | β | $20,072* | β | |
| $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 | β | $51,722* | β | $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 SUNY Old Westbury, approximately 47% 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.