Median Earnings (1yr)
$33,639
5th percentile
10th percentile in New Jersey
Median Debt
$26,914
18% above national median

Analysis

Drew's economics program shows a puzzling pattern: graduates earn just $33,639 in their first yearβ€”well below both the national and New Jersey medians around $51,700β€”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 financiallyβ€”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

Earnings Distribution

How Drew University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Drew University$33,639$75,352+124%
Rutgers University-Newark$51,848$78,565+52%
Rutgers University-Camden$51,848$78,565+52%
Rutgers University-New Brunswick$51,848$78,565+52%
The College of New Jersey$62,218$67,369+8%

Compare to Similar Programs in New Jersey

Economics bachelors's programs at peer institutions in New Jersey (20 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Drew UniversityMadison$45,360$33,639$75,352$26,9140.80
Princeton UniversityPrinceton$59,710$103,041β€”$11,2500.11
The College of New JerseyEwing$18,685$62,218$67,369$23,5000.38
Rutgers University-CamdenCamden$17,079$51,848$78,565$24,9650.48
Rutgers University-New BrunswickNew Brunswick$17,239$51,848$78,565$24,9650.48
Rutgers University-NewarkNewark$16,586$51,848$78,565$24,9650.48
National Medianβ€”$51,722β€”$22,8160.44

Career Paths

Occupations commonly associated with economics graduates

Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

$115,440/yrJobs growth:Master's degree

Environmental Economists

Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.

$115,440/yrJobs growth:Master's degree

Data Scientists

Develop and implement a set of techniques or analytics applications to transform raw data into meaningful information using data-oriented programming languages and visualization software. Apply data mining, data modeling, natural language processing, and machine learning to extract and analyze information from large structured and unstructured datasets. Visualize, interpret, and report data findings. May create dynamic data reports.

$112,590/yrJobs growth:Bachelor's degree

Business Intelligence Analysts

Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources.

$112,590/yrJobs growth:Bachelor's degree

Clinical Data Managers

Apply knowledge of health care and database management to analyze clinical data, and to identify and report trends.

$112,590/yrJobs growth:Bachelor's degree

Statisticians

Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as biostatistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.

$104,350/yrJobs growth:Master's degree

Biostatisticians

Develop and apply biostatistical theory and methods to the study of life sciences.

$104,350/yrJobs growth:Master's degree

Economics Teachers, Postsecondary

Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Market Research Analysts and Marketing Specialists

Research conditions in local, regional, national, or online markets. Gather information to determine potential sales of a product or service, or plan a marketing or advertising campaign. May gather information on competitors, prices, sales, and methods of marketing and distribution. May employ search marketing tactics, analyze web metrics, and develop recommendations to increase search engine ranking and visibility to target markets.

$76,950/yrJobs growth:Bachelor's degree

Search Marketing Strategists

Employ search marketing tactics to increase visibility and engagement with content, products, or services in Internet-enabled devices or interfaces. Examine search query behaviors on general or specialty search engines or other Internet-based content. Analyze research, data, or technology to understand user intent and measure outcomes for ongoing optimization.

$76,950/yrJobs growth:Bachelor's degree

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

Survey Researchers

Plan, develop, or conduct surveys. May analyze and interpret the meaning of survey data, determine survey objectives, or suggest or test question wording. Includes social scientists who primarily design questionnaires or supervise survey teams.

$63,380/yrJobs growth:Master's degree
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.