Analysis
Philosophy programs in New Jersey typically produce first-year earnings around $40,000, and if Saint Elizabeth's program follows this pattern, it would place graduates well above the national median for philosophy majors ($31,652). With an estimated debt load of $23,000—slightly below the state median—the debt-to-earnings ratio sits at a manageable 0.57, meaning graduates would owe about seven months of their first year's salary. That's a reasonable starting point for a humanities degree, particularly at a small private university where over half the students receive Pell grants.
The challenge is that these figures are extrapolated from peer programs rather than Saint Elizabeth's actual outcomes, given the small number of philosophy graduates. The earnings estimate comes from just three New Jersey programs (all Rutgers campuses, which report identical medians), while the debt figure draws from national comparables at similar institutions. Philosophy remains a versatile but financially uncertain major—graduates often need graduate school or pivot into unrelated fields to build earning power. The first-year number may not reflect the degree's long-term value, which typically comes through careers in law, education, nonprofit work, or business roles that value critical thinking skills.
For families considering this program: the projected financials aren't alarming, but you're essentially betting on statewide averages with limited visibility into this specific program's track record. If your child plans to pursue philosophy, ensure they have a clear post-graduation strategy—whether that's graduate school, a professional pivot, or building marketable skills alongside the degree.
Where Saint Elizabeth University Stands
Earnings vs. debt across all philosophy bachelors's programs nationally
Compare to Similar Programs in New Jersey
Philosophy bachelors's programs at peer institutions in New Jersey (19 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $35,942 | $40,113* | — | $23,000* | — | |
| $17,079 | $40,113* | $53,001 | $25,000* | 0.62 | |
| $17,239 | $40,113* | $53,001 | $25,000* | 0.62 | |
| $16,586 | $40,113* | $53,001 | $25,000* | 0.62 | |
| National Median | — | $31,652* | — | $22,641* | 0.72 |
Career Paths
Occupations commonly associated with philosophy graduates
Natural Sciences Managers
Clinical Research Coordinators
Mathematicians
Mathematical Science Teachers, Postsecondary
Philosophy and Religion Teachers, Postsecondary
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 Saint Elizabeth University, approximately 54% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 3 similar programs in NJ. Actual outcomes may vary.