Median Earnings (1yr)
$51,848
50th percentile (60th in NJ)
Median Debt
$24,965
9% above national median
Debt-to-Earnings
0.48
Manageable
Sample Size
450
Adequate data

Analysis

Rutgers-Newark's economics program stands out for delivering impressive earnings growth that transforms modest starting salaries into solid mid-career prospects. While graduates begin earning $51,848—right at the national median—their income jumps 52% to $78,565 by year four, suggesting strong career trajectory potential. Among New Jersey's economics programs, this ranks in the 60th percentile, placing it ahead of most in-state options despite being significantly more accessible than elite alternatives like Princeton.

The financial picture looks quite manageable, with median debt of $24,965 representing less than half of first-year earnings—a healthy ratio that shouldn't strain most graduates' budgets. This debt level sits in the 30th percentile nationally, meaning 70% of economics programs nationwide leave students with higher debt burdens. Given that 56% of students receive Pell grants, the program appears to deliver solid economic mobility for students from lower-income backgrounds.

For parents weighing options, Rutgers-Newark offers a practical path to economics credentials without the financial stress of elite private schools or the uncertainty of weaker regional programs. The strong earnings growth pattern suggests graduates develop marketable skills that employers value increasingly over time, making this a reasonable investment for students serious about economics careers.

Where Rutgers University-Newark Stands

Earnings vs. debt across all economics bachelors's programs nationally

Rutgers University-NewarkOther economics programs

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 Rutgers University-Newark graduates compare to all programs nationally

Rutgers University-Newark graduates earn $52k, placing them in the 50th 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)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Rutgers University-Newark$51,848$78,565$24,9650.48
Princeton University$103,041—$11,2500.11
The College of New Jersey$62,218$67,369$23,5000.38
Rutgers University-New Brunswick$51,848$78,565$24,9650.48
Rutgers University-Camden$51,848$78,565$24,9650.48
Seton Hall University$51,464$64,328$21,4130.42
National Median$51,722—$22,8160.44

Other Economics Programs in New Jersey

Compare tuition, earnings, and debt across New Jersey schools

SchoolIn-State TuitionEarnings (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-New Brunswick
New Brunswick
$17,239$51,848$24,965
Rutgers University-Camden
Camden
$17,079$51,848$24,965
Seton Hall University
South Orange
$51,370$51,464$21,413

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 Rutgers University-Newark, approximately 56% 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 450 graduates with reported earnings and 492 graduates with debt data. Small samples may not be representative.