by our College Data Analytics TeamHere, you'll find out more about the major, including such details as the number of graduates, what degree levels are offered, ethnicity of students, average salaries, and more. In addition, we cover how Rutgers Newark ranks in comparison to other schools with economics programs.
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The bachelor's program at Rutgers Newark was ranked #145 on College Factual's Best Schools for economics list. It is also ranked #3 in New Jersey.
| Ranking Type | Rank |
|---|---|
| Best Economics Schools | 145 |
| Best Economics Bachelor’s Degree Schools | 146 |
During the 2021-2022 academic year, Rutgers University - Newark handed out 16 bachelor's degrees in economics. This is a decrease of 57% over the previous year when 37 degrees were handed out.
In 2022, 7 students received their master’s degree in economics from Rutgers Newark. This makes it the #142 most popular school for economics master’s degree candidates in the country.
The median salary of economics students who receive their bachelor's degree at Rutgers Newark is $51,848. This is higher than $51,722, which is the national median for all economics bachelor's degree recipients.
While getting their bachelor's degree at Rutgers Newark, economics students borrow a median amount of $39,133 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 Rutgers Newark is $357 per month.
Out-of-state part-time undergraduates at Rutgers Newark paid an average of $1,054 per credit hour in 2022-2023. The average for in-state students was $441 per credit hour. Information about average full-time undergraduate tuition and fees is shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $13,674 | $32,436 |
| Fees | $2,912 | $2,912 |
| Books and Supplies | $1,391 | $1,391 |
| On Campus Room and Board | $15,060 | $15,060 |
| On Campus Other Expenses | $4,372 | $4,372 |
Learn more about Rutgers Newark tuition and fees.
During the 2021-2022 academic year, 16 students graduated with a bachelor's degree in economics from Rutgers Newark. About 50% were men and 50% were women.
The following table and chart show the ethnic background for students who recently graduated from Rutgers University - Newark with a bachelor's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 2 |
| Black or African American | 3 |
| Hispanic or Latino | 4 |
| White | 5 |
| Non-Resident Aliens | 1 |
| Other Races | 1 |
Online degrees for the Rutgers Newark 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 Rutgers Newark Online Learning page.
The economics program at Rutgers Newark awarded 6 master's degrees in 2021-2022. About 67% of these degrees went to men with the other 33% going to women.
The following table and chart show the ethnic background for students who recently graduated from Rutgers University - Newark with a master's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 0 |
| Black or African American | 0 |
| Hispanic or Latino | 1 |
| White | 2 |
| Non-Resident Aliens | 2 |
| Other Races | 1 |
Take a look at the following statistics related to the make-up of the economics majors at Rutgers University - Newark.
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 57 |
| Sociology | 26 |
| International Relations & National Security | 17 |
| Anthropology | 2 |
| Other Social Sciences | 2 |