Median Earnings (1yr)
$31,280
48th percentile (60th in NJ)
Median Debt
$25,000
2% below national median
Debt-to-Earnings
0.80
Manageable
Sample Size
924
Adequate data

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

Rutgers University-NewarkOther psychology 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 $31k, placing them in the 48th percentile of all psychology 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

Psychology bachelors's programs at peer institutions in New Jersey (25 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Rutgers University-Newark$31,280$49,641$25,0000.80
Rider University$38,118$52,513$27,0000.71
Georgian Court University$36,117$45,248$22,3750.62
Montclair State University$33,432$46,064$25,0000.75
Pillar College$32,637$39,092$35,8531.10
William Paterson University of New Jersey$32,418$44,968$25,0000.77
National Median$31,482—$25,5000.81

Other Psychology Programs in New Jersey

Compare tuition, earnings, and debt across New Jersey schools

SchoolIn-State TuitionEarnings (1yr)Debt
Rider University
Lawrenceville
$38,900$38,118$27,000
Georgian Court University
Lakewood
$37,110$36,117$22,375
Montclair State University
Montclair
$14,766$33,432$25,000
Pillar College
Newark
$24,820$32,637$35,853
William Paterson University of New Jersey
Wayne
$15,150$32,418$25,000

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.