Economics at Drew University
Bachelor's Degree
Analysis
Drew's economics program shows a puzzling pattern: graduates earn just $33,639 in their first year—well below both the national and New Jersey medians around $51,700—but then see earnings jump 124% to over $75,000 by year four. This places the program in the bottom 10th percentile among New Jersey economics programs initially, trailing every Rutgers campus and The College of New Jersey by a significant margin. While the eventual earnings recovery is impressive, that first-year figure matters tremendously for new graduates managing loan payments and living expenses.
The $26,914 debt load sits slightly above typical levels but isn't excessive given the eventual earnings. The real question is what explains that dramatic four-year trajectory. It could reflect graduates taking unpaid internships or pursuing graduate degrees before entering higher-paying roles, or it might indicate that Drew economics majors need time to find their footing in competitive job markets. With fewer than 30 graduates in this dataset, these numbers could also reflect a few outliers rather than a reliable pattern.
For families considering this program, understand that you're likely facing a difficult first year financially—that debt-to-earnings ratio of 0.8 means initial loan payments will consume a substantial portion of take-home pay. If your student can weather that period with family support or has graduate school plans that explain the delayed earnings, the eventual outcome looks reasonable. But if immediate financial independence matters, stronger-performing state options exist at similar or lower costs.
Where Drew University Stands
Earnings vs. debt across all economics bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Drew University graduates compare to all programs nationally
Drew University graduates earn $34k, placing them in the 5th percentile of all economics bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in New Jersey
Economics bachelors's programs at peer institutions in New Jersey (20 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Drew University | $33,639 | $75,352 | $26,914 | 0.80 |
| Princeton University | $103,041 | — | $11,250 | 0.11 |
| The College of New Jersey | $62,218 | $67,369 | $23,500 | 0.38 |
| Rutgers University-Camden | $51,848 | $78,565 | $24,965 | 0.48 |
| Rutgers University-New Brunswick | $51,848 | $78,565 | $24,965 | 0.48 |
| Rutgers University-Newark | $51,848 | $78,565 | $24,965 | 0.48 |
| National Median | $51,722 | — | $22,816 | 0.44 |
Other Economics Programs in New Jersey
Compare tuition, earnings, and debt across New Jersey schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Princeton University Princeton | $59,710 | $103,041 | $11,250 |
| The College of New Jersey Ewing | $18,685 | $62,218 | $23,500 |
| Rutgers University-Camden Camden | $17,079 | $51,848 | $24,965 |
| Rutgers University-New Brunswick New Brunswick | $17,239 | $51,848 | $24,965 |
| Rutgers University-Newark Newark | $16,586 | $51,848 | $24,965 |
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 Drew University, approximately 27% 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.
Sample Size: Based on 29 graduates with reported earnings and 30 graduates with debt data. Small samples may not be representative.