Median Earnings (1yr)
$62,218
80th percentile (60th in NJ)
Median Debt
$23,500
3% above national median
Debt-to-Earnings
0.38
Manageable
Sample Size
28
Limited data

Analysis

The College of New Jersey's economics program launches graduates into strong early earnings—$62,218 in year one puts them well above both the national and New Jersey medians for economics majors. That's about $10,000 more than what typical economics graduates earn in the state. The $23,500 median debt is remarkably manageable, translating to a debt-to-earnings ratio of just 0.38, meaning graduates can realistically pay down loans while building financial stability. Among New Jersey's 20 economics programs, this ranks in the 60th percentile—solidly above average, though nowhere near Princeton's elite tier.

The caveat here is meaningful: with fewer than 30 graduates in the data sample, these numbers could shift significantly with more data points. That said, the pattern makes sense given TCNJ's selective admissions and relatively affordable in-state tuition model. The modest 8% earnings growth to $67,369 by year four is fairly typical for economics majors, who often see their biggest jumps later in their careers as they move into management or specialized roles.

For New Jersey families seeking an economics degree without Ivy League price tags or debt loads, TCNJ delivers competitive outcomes. The program costs less and earns more than the state average—a combination that's harder to find than you might think. Just keep in mind that small sample sizes mean individual outcomes may vary more than at larger programs.

Where The College of New Jersey Stands

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

The College of New JerseyOther 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 The College of New Jersey graduates compare to all programs nationally

The College of New Jersey graduates earn $62k, placing them in the 80th 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
The College of New Jersey$62,218$67,369$23,5000.38
Princeton University$103,041—$11,2500.11
Rutgers University-New Brunswick$51,848$78,565$24,9650.48
Rutgers University-Newark$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
Rutgers University-New Brunswick
New Brunswick
$17,239$51,848$24,965
Rutgers University-Newark
Newark
$16,586$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 The College of New Jersey, approximately 20% 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 28 graduates with reported earnings and 30 graduates with debt data. Small samples may not be representative.