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Finance Degree in Babylon, NY — Salary & ROI 2026

Finance degree analysis for Babylon, NY. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$107K

COL-adjusted

Mid-Career

$168K

COL-adjusted

ROI Payback

1.9 yrs

in Babylon

Cost of Living

152.3

index (100 = avg)

Finance in Babylon, NY Overview

Babylon, New York (pop. 213,234) has 8 colleges offering Finance programs. The local cost of living index of 152.3 is higher than average, so budget accordingly, with average rent near campus at $1,422/month. Finance enrollment is stable nationwide, with steady demand for graduates skilled in Financial Modeling and Valuation. The adjusted starting salary in Babylon is approximately $106,610, growing to $167,530 by mid-career.

Category

Business

Local Colleges

8

Public Tuition

$10,200/yr

Private Tuition

$42,000/yr

Room & Board

$15,785/yr

Avg Fin. Aid

$9,651/yr

Unemployment

4.3%

Graduation Rate

45%

Finance Salary in Babylon (COL-Adjusted)

Salaries adjusted for Babylon's cost of living index of 152.3 (national average = 100).

Entry Level (0-2 yrs)
$106,610(+$36,610 vs national)
Mid Career (5-9 yrs)
$167,530(+$57,530 vs national)
Senior Level (15+ yrs)
$220,835(+$75,835 vs national)

Note: National average Finance salary: $70,000 starting, $110,000 mid-career, $145,000 senior level.Babylon adjustment factor: 1.52x based on the local cost of living index.

Finance ROI Calculator for Babylon

Estimate your return on investment for a Finance degree using local Babylon tuition and cost of living data.

Public avg: $10,200 | Private avg: $42,000

Babylon avg aid: $9,651/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$103,940

tuition + room & board - aid

Annual Earnings Premium

$53,305

vs HS diploma in Babylon

ROI Payback Period

1.9 years

to break even

Lifetime Return in Babylon

$1,342,910

Lifetime earnings premium ($1,446,850) minus total education cost ($103,940)

Student Loan Payoff for Finance in Babylon

Standard Plan (10 years)

Loan Amount$103,940
Monthly Payment$1,180
Total Interest$37,686
% of Monthly Income13%

Aggressive Plan (5 years)

Loan Amount$103,940
Monthly Payment$2,034
Total Interest$18,082
Interest Savings$19,604

Colleges in Babylon for Finance

Babylon State University

public

$10,397/yr

$41,588 total

University of Babylon

public

$9,997/yr

$39,988 total

Community Colleges (2-Year Transfer)

Babylon Community College

$6,772/yr

New York Technical College - Babylon

$7,061/yr

Top Employers for Finance in Babylon

Babylon offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Finance graduates. National top employers in this field include:

JPMorganGoldman SachsMorgan StanleyBlackRockDeloitte

Key Babylon Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Finance Job Titles

Financial AnalystInvestment BankerPortfolio Manager

Methodology & Education Data Sources

How we calculate Finance degree outcomes in Babylon, NY: Our salary projections, ROI estimates, and tuition data combine multiple federal datasets to provide a localized view of education economics. We use a 10-year career-trajectory model standard in higher education research.

  1. Tuition data sourced from IPEDS (Integrated Postsecondary Education Data System), the federal education statistics database operated by NCES. Average tuition for Finance programs reflects 4-year public/private weighted averages for New York.
  2. Career salary projections based on BLS Occupational Employment and Wage Statistics, with cost-of-living adjustments for Babylon using regional CPI data.
  3. 10-year ROI calculates: (Total Career Earnings With Degree) − (Total Career Earnings Without Degree) − (Total Education Cost Including Interest on Loans).
  4. Job market outlook for Finance graduates uses BLS Occupational Outlook Handbook 10-year projections (2024-2034 base period).
  5. Default rates and loan data sourced from College Scorecard (US Department of Education), which tracks repayment outcomes by institution.

Authoritative US education data sources:

Education Disclaimer: Salary and ROI estimates are projections based on national and state-level averages. Individual outcomes depend on institution prestige, GPA, internships, location, network, and economic conditions. Always verify current tuition with the institution directly, and consult a financial aid counselor before taking on student loans. Use the Federal Loan Simulator to model repayment scenarios.

Reviewed by Brazora Monk · Last updated 2026 · IPEDS & BLS data current as of latest annual release

Financial Aid Resources for Babylon Students

Beyond federal aid (FAFSA), New York students have access to state-specific grants, scholarships, and tuition assistance programs. The 2026-27 FAFSA also added a new Low Earnings Indicator (Dec 2025) flagging programs where graduates earn less than non-college peers — check your target school's status:

📋 Federal Aid (FAFSA)

Pell Grant up to $7,395/yr (2026-27). Subsidized loans at 6.53% (academic year 25-26):

🏛️ State Grants (New York)

State-specific grants stack with federal aid:

🎓 College Outcomes Data

Verify earnings + debt before enrolling:

💰 Scholarship Search

Free, official, scam-free scholarship databases:

2026-27 FAFSA tip: The new Low Earnings Indicator flags programs where graduates earn less than non-graduates. Check this before enrolling. Speak with a NASFAA-credentialed financial aid counselor at your target school.

Finance Degree in Babylon — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

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