Est. Earnings (1yr)
$41,188
Est. from NY median (4 programs)
Est. Median Debt
$24,000
Est. from national median (18 programs)

Analysis

Union College's selective admissions and high SAT averages typically signal strong post-graduation outcomes, but the estimated first-year earnings of $41,188 for this business economics program lag significantly behind the national median of $53,219. Similar New York programs cluster right around this $41,000 mark, though top performers like Baruch College nearly reach $58,000—suggesting the state's geography and employer networks matter considerably for this credential.

The estimated $24,000 debt load translates to a 0.58 debt-to-earnings ratio, which sits in reasonable territory compared to national norms. However, the combination of moderate debt with below-national-average earnings creates a slower path to financial stability than you'd expect from a school with Union's selectivity. The gap between what this program's earnings suggest and what similar credentials produce nationally—roughly $12,000 annually—adds up to meaningful differences over time.

Because these figures are derived from peer programs rather than Union's actual graduate outcomes, they represent an educated guess rather than a guarantee. The school's strong academic profile and low Pell enrollment suggest its graduates may benefit from advantages not captured in these estimates. Still, parents should understand that business economics programs in New York vary wildly in their earning power, and without school-specific data, you're making this investment decision with significant uncertainty about where Union specifically falls in that range.

Where Union College Stands

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

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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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Union CollegeSchenectady$66,456$41,188*—$24,000*—
CUNY Bernard M Baruch CollegeNew York$7,464$57,909*$70,307$12,000*0.21
SUNY OneontaOneonta$8,812$41,859*$69,125$20,775*0.50
State University of New York at CortlandCortland$8,815$40,517*$63,367$26,000*0.64
Utica UniversityUtica$24,308$22,841*——*—
National Median—$53,219*—$22,250*0.42
* Estimated from similar programs

Career Paths

Occupations commonly associated with business/managerial economics graduates

Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

$115,440/yrJobs growth:Master's degree

Environmental Economists

Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.

$115,440/yrJobs growth:Master's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Management Analysts

Conduct organizational studies and evaluations, design systems and procedures, conduct work simplification and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Includes program analysts and management consultants.

$101,190/yrJobs growth:Bachelor's degree

Economics Teachers, Postsecondary

Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Survey Researchers

Plan, develop, or conduct surveys. May analyze and interpret the meaning of survey data, determine survey objectives, or suggest or test question wording. Includes social scientists who primarily design questionnaires or supervise survey teams.

$63,380/yrJobs growth:Master's degree
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 Union College, approximately 13% 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.