Economics at University at Buffalo

Buffalo, NY · Public · Bachelor's Degree
63 /100
DegreeOutlook Score (Base Case) — assumes in-state tuition
64
Optimistic
63
Base Case
63
Pessimistic
Earnings $40,078/yr (-26% vs median)
AI Risk Very High (56% exposed)
Job Market Very Large (293,500 openings/yr)
ROI 15.5x earnings multiple (5.5x out-of-state)
Ranked #223 of 351 Economics programs

How AI Changes the Outlook

Three scenarios based on how aggressively AI disrupts the career paths available to Economics graduates.

Optimistic
No Disruption
Base Case
Gradual AI
Pessimistic
Aggressive AI
10-Year Earnings $689K $669K $586K
Earnings Multiple (In-State) 16.0x 15.5x 13.6x
Earnings Multiple (Out-of-State) 5.6x 5.5x 4.8x
Probability of Field Employment 66% 60% 41%
DegreeOutlook Score 64 63 63

10-Year Earnings Projection

*Year 1 uses actual reported earnings. Scenarios diverge as AI impact compounds over time.

4-Year Tuition, In-State (Sticker)
$43,128
Out-of-state: $122,288 (5.5x ROI)
4-Year Net Price (After Aid)
$81,880
-90% less than sticker · See by income
Median Debt at Graduation
$17,500
5.2 months of Year 1 earnings
Reported Earnings (5 Year)
$68,447
71% growth from Year 1

Program Analysis

First-year earnings of $40,078 place University at Buffalo below the $53,966 national median for Economics — worth weighing against tuition and cost of living.

The 15.5x earnings multiple means ten-year projected earnings exceed tuition cost by an order of magnitude. By pure financial math, this is a standout.

AI risk is moderate — 56% task exposure — and the 15% scenario spread suggests disruption would dent but not destroy the earnings outlook.

With first-year pay of $40,078 far exceeding the $17,500 median debt, the payback timeline is measured in months, not years.

At #223 out of 351 programs, University at Buffalo's financial outcomes for Economics trail the majority of peers. The value case depends on other factors.

Earnings growth from $40,078 to $68,447 over five years (71% increase) indicates that graduates in this field see meaningful salary progression.

About University at Buffalo

A 69% admission rate makes University at Buffalo accessible to a wide range of qualified students, serving a student body of 20,284 in Buffalo, NY.

See all programs and financial aid at University at Buffalo →

Top Career Paths

Managers, all other $136,550/yr
Economics teachers, postsecondary $119,980/yr
Economists $115,440/yr
View all 9 career paths with salary ranges and AI risk →

Compare & Explore

Economics at Other Schools

Other Majors at University at Buffalo

Is a Trade Program a Better Fit?

For students who prefer applied learning, trade programs can deliver strong earnings with significantly less debt and shorter time to employment.

Frequently Asked Questions

How does University at Buffalo's Economics program score?
A score of 63/100 reflects decent absolute metrics, but University at Buffalo trails the majority of Economics programs on relative rankings. Context matters more than the raw number.
How vulnerable is Economics to AI automation?
AI won't 'replace' Economics careers outright, but it is likely to reduce the number of job openings. We model 56% task exposure, which compresses field employment probability in our scenarios.
Why are Economics earnings lower at University at Buffalo?
Lower starting pay at University at Buffalo may reflect local labor market conditions rather than program quality. Many graduates see convergence with national averages within 3-5 years.
Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →