Analysis
In New York's economics landscape, Wells College occupies uncertain territory. Based on comparable bachelor's programs in the state, graduates typically earn around $50,000 in their first year—right at the state median but well behind top performers like Barnard ($85,860) or Cornell ($84,967). The estimated $25,000 in debt produces a manageable 0.50 ratio, suggesting students can expect to earn twice what they owe. That's a reasonable starting point, though hardly exceptional given that economics majors nationally often command stronger early salaries.
The challenge here is the visibility problem itself. Wells serves a significant population of Pell-eligible students (47%), yet the program generates too few graduates for the Department of Education to report actual outcomes. For a major as portable and marketable as economics, this raises questions about whether the program provides sufficient scale, resources, or recruiting pipelines to compete with New York's heavyweight institutions. The estimated figures suggest financial viability—you're not looking at crisis-level debt against earnings—but parents should investigate what differentiates a Wells economics degree in the job market when graduates from CUNY, SUNY, and private competitors are all competing for the same analyst and research positions. The debt load seems manageable; the real unknown is whether this smaller program delivers the same career access.
Where Wells College 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)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $35,166 | $50,059* | — | $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 Wells College, 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.