Analysis
Rutgers-Newark's psychology program delivers solid value with impressive earnings growth, though starting salaries are modest. While graduates earn $31,280 in their first year—essentially matching the national average—their earnings jump 59% to nearly $50,000 by year four. This growth trajectory significantly outpaces typical psychology programs and suggests the degree opens doors to better-paying positions over time.
The financial picture is reasonable for a psychology degree. At $25,000 in median debt, graduates face a manageable debt-to-earnings ratio of 0.80, meaning they owe less than one year's starting salary. More importantly, this program ranks in the 60th percentile among New Jersey psychology programs, performing notably better than the state median of $29,982. With an accessible 79% admission rate and over half of students receiving Pell grants, it serves a diverse student body without compromising outcomes.
However, parents should understand that psychology typically requires graduate school for higher-paying career paths. The strong earnings growth suggests this program prepares students well for that next step or for entry-level positions that offer advancement potential. Given Rutgers' reputation and this program's above-average performance within New Jersey, it represents a solid investment for students committed to psychology, especially considering the reasonable debt load relative to earning potential.
Where Rutgers University-Newark Stands
Earnings vs. debt across all psychology 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 | $31,280 | $49,641 | +59% |
| The College of New Jersey | $28,920 | $57,068 | +97% |
| Rider University | $38,118 | $52,513 | +38% |
| Monmouth University | $28,590 | $50,107 | +75% |
| Rutgers University-Camden | $31,280 | $49,641 | +59% |
Compare to Similar Programs in New Jersey
Psychology bachelors's programs at peer institutions in New Jersey (25 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $16,586 | $31,280 | $49,641 | $25,000 | 0.80 | |
| $38,900 | $38,118 | $52,513 | $27,000 | 0.71 | |
| $37,110 | $36,117 | $45,248 | $22,375 | 0.62 | |
| $14,766 | $33,432 | $46,064 | $25,000 | 0.75 | |
| $24,820 | $32,637 | $39,092 | $35,853 | 1.10 | |
| $15,150 | $32,418 | $44,968 | $25,000 | 0.77 | |
| National Median | — | $31,482 | — | $25,500 | 0.81 |
Career Paths
Occupations commonly associated with psychology graduates
Industrial-Organizational Psychologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Managers, All Other
Loss Prevention Managers
Social Science Research Assistants
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 924 graduates with reported earnings and 1350 graduates with debt data. Small samples may not be representative.