by our College Data Analytics TeamWe've pulled together some essential information you should know about the program, including how many students graduate each year, the ethnic diversity of these students, average starting salaries, and more. In addition, we cover how Montclair State ranks in comparison to other schools with economics programs.
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The bachelor's program at Montclair State was ranked #337 on College Factual's Best Schools for economics list. It is also ranked #9 in New Jersey.
| Ranking Type | Rank |
|---|---|
| Best Economics Bachelor’s Degree Schools | 321 |
| Best Economics Schools | 337 |
During the 2021-2022 academic year, Montclair State University handed out 65 bachelor's degrees in economics. This is a decrease of 18% over the previous year when 79 degrees were handed out.
The median salary of economics students who receive their bachelor's degree at Montclair State is $39,375. This is less than $51,722, which is the national median of all economics majors in the nation who earn bachelor's degrees.
While getting their bachelor's degree at Montclair State, economics students borrow a median amount of $24,894 in student loans. This is not too bad considering that the median debt load of all economics bachelor's degree recipients across the country is $39,273.
The typical student loan payment of a bachelor's degree student from the economics program at Montclair State is $262 per month.
Out-of-state part-time undergraduates at Montclair State paid an average of $769 per credit hour in 2022-2023. The average for in-state students was $457 per credit hour. The average full-time tuition and fees for undergraduates are shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $13,710 | $23,070 |
| Fees | $1,056 | $1,056 |
| Books and Supplies | $1,240 | $1,240 |
| On Campus Room and Board | $16,822 | $16,822 |
| On Campus Other Expenses | $2,200 | $2,200 |
Learn more about Montclair State tuition and fees.
During the 2021-2022 academic year, 65 students graduated with a bachelor's degree in economics from Montclair State. About 69% were men and 31% were women.
The following table and chart show the ethnic background for students who recently graduated from Montclair State University with a bachelor's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 3 |
| Black or African American | 11 |
| Hispanic or Latino | 22 |
| White | 21 |
| Non-Resident Aliens | 0 |
| Other Races | 8 |
Online degrees for the Montclair State economics bachelor’s degree program are not available at this time. To see if the school offers distance learning options in other areas, visit the Montclair State Online Learning page.
Take a look at the following statistics related to the make-up of the economics majors at Montclair State University.
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 72 |
| Sociology | 47 |
| General Social Sciences | 22 |
| Anthropology | 14 |
| Geography & Cartography | 4 |
More about our data sources and methodologies.