Economics at Union College
Bachelor's Degree
Analysis
Union College economics graduates earn $85,922 four years out—placing them in the 80th percentile among New York's 74 economics programs and well above both the state median ($50,058) and national median ($51,722). This is notable because while the school charges selective-college tuition (average SAT 1410), graduates are landing in the top tier of outcomes alongside Ivy League and elite liberal arts peers like Cornell and Vassar. The $27,000 median debt is actually lower than both state and national benchmarks, resulting in a debt-to-earnings ratio of 0.43 that's quite manageable.
The earnings trajectory looks particularly strong—37% growth from year one to year four suggests graduates are advancing into better roles rather than plateauing early. First-year earnings of $62,846 already exceed what most economics majors nationally will earn, and by year four, graduates are approaching six figures. The combination of low debt and high earnings puts this program among the more financially sound economics degrees in New York.
For families weighing Union's price tag, the data suggests it delivers: graduates compete economically with those from far more selective institutions while carrying reasonable debt loads. This represents a solid investment for a student interested in economics who can gain admission.
Where Union College Stands
Earnings vs. debt across all economics bachelors's programs nationally
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 Union College graduates compare to all programs nationally
Union College graduates earn $63k, placing them in the 81th 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)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Union College | $62,846 | $85,922 | $27,000 | 0.43 |
| Barnard College | $85,860 | $103,309 | $16,750 | 0.20 |
| Cornell University | $84,967 | $107,248 | $15,500 | 0.18 |
| Columbia University in the City of New York | $83,135 | $117,355 | $25,000 | 0.30 |
| Vassar College | $79,845 | $81,561 | $19,000 | 0.24 |
| Colgate University | $77,274 | $103,456 | $17,500 | 0.23 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in New York
Compare tuition, earnings, and debt across New York schools
| School | In-State Tuition | Earnings (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 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.
Sample Size: Based on 74 graduates with reported earnings and 75 graduates with debt data. Small samples may not be representative.