Analysis
The estimated $21,413 in debt sits comfortably below both New Jersey's typical economics bachelor's debt of $25,000 and the national median, making this one of the more affordable paths to an economics degree in the state. When you're borrowing less than half of what you can expect to earn in year one, the financial foundation looks relatively stableβeven if these figures come from peer programs rather than Caldwell's own graduates.
The first-year earnings estimate of roughly $52,000 aligns exactly with the state median for economics programs, suggesting typical outcomes for the field in New Jersey. That puts Caldwell's estimated performance on par with Rutgers' various campuses, though well below Princeton's economics graduates who command double the salary. Still, for a school where nearly half the students receive Pell grants, matching the state standard while keeping debt low represents a reasonable value proposition for families seeking upward mobility without excessive financial risk.
The main uncertainty is program-specific: without reported data from Caldwell itself, you're relying on what similar economics programs in New Jersey deliver. If you're choosing between this and other state options, the lower estimated debt could offset any small differences in starting salary, particularly if your child qualifies for additional aid at Caldwell. The key question is whether Caldwell's career services and alumni network in economics can deliver outcomes that match the state median these estimates suggest.
Where Caldwell University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Compare to Similar Programs in New Jersey
Economics bachelors's programs at peer institutions in New Jersey (20 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $39,450 | $51,656* | β | $21,413* | β | |
| $59,710 | $103,041* | β | $11,250* | 0.11 | |
| $18,685 | $62,218* | $67,369 | $23,500* | 0.38 | |
| $16,586 | $51,848* | $78,565 | $24,965* | 0.48 | |
| $17,079 | $51,848* | $78,565 | $24,965* | 0.48 | |
| $17,239 | $51,848* | $78,565 | $24,965* | 0.48 | |
| National Median | β | $51,722* | β | $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 Caldwell University, approximately 46% 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 10 similar programs in NJ. Actual outcomes may vary.