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 $51,848βright at the national medianβtheir 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 earningsβa 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
Earnings Distribution
How Rutgers University-Newark graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Rutgers University-Newark | $51,848 | $78,565 | +52% |
| Rutgers University-New Brunswick | $51,848 | $78,565 | +52% |
| Rutgers University-Camden | $51,848 | $78,565 | +52% |
| Drew University | $33,639 | $75,352 | +124% |
| 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
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $16,586 | $51,848 | $78,565 | $24,965 | 0.48 | |
| $59,710 | $103,041 | β | $11,250 | 0.11 | |
| $18,685 | $62,218 | $67,369 | $23,500 | 0.38 | |
| $17,239 | $51,848 | $78,565 | $24,965 | 0.48 | |
| $17,079 | $51,848 | $78,565 | $24,965 | 0.48 | |
| $51,370 | $51,464 | $64,328 | $21,413 | 0.42 | |
| 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 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.