Economics Degree from SUNY at Purchase College Return on Investment
See what the return on investment is for jobs that someone with a Economics degree from SUNY at Purchase College is likely to work in.
Top job projections for graduates in economics from suny at purchase college
Economists
Projection Rating: B
Median Annual Wage: $115,730
Percentage of Paycheck to Repay: 12.92%-9.61%
Employment Change: 0.9%
Entry-Level Education: Master's degree
Market research analysts and marketing specialists
Projection Rating: B
Median Annual Wage: $74,680
Percentage of Paycheck to Repay: 13.35%-9.93%
Employment Change: 74.9%
Entry-Level Education: Bachelor's degree
When considering an Economics degree from SUNY at Purchase College, understanding the return on investment (ROI) is crucial. This degree not only provides a solid foundation in economic theory and analytical skills but also opens doors to various career paths that can lead to lucrative salaries and opportunities for advancement.
Graduates with an Economics degree from Purchase College are well-equipped to enter a diverse job market. They often find roles in finance, government, consulting, and non-profit sectors. The skills acquired—such as data analysis, critical thinking, and problem-solving—are highly sought after by employers. This adaptability contributes significantly to the degree's ROI.
The average salary for economics graduates tends to be higher than those with degrees in other fields. According to recent statistics, the median starting salary for economics majors is approximately $54,000, with potential earnings skyrocketing as experience is gained. In fact, many graduates see their salaries double within a decade, reflecting the long-term financial benefits of this degree.
Additionally, SUNY at Purchase College offers a unique educational environment that enhances the value of the degree. With small class sizes, personalized attention from experienced faculty, and access to internships and networking opportunities, students gain a competitive edge in the job market.
Moreover, the college's location in New York provides proximity to major financial hubs, further increasing internship and job prospects. Students can leverage this advantage to kickstart their careers, making the investment in their education even more worthwhile.
In conclusion, an Economics degree from SUNY at Purchase College represents a smart financial choice. With strong earning potential, diverse career opportunities, and a supportive educational environment, students can expect a favorable return on their investment, both during and after their studies.
Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.