2022 Best Value Master’s Degree Colleges for Economics (Income $0-$30k) in New Jersey

Students have lots of options to chooose from today when trying to decide which college to attend. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Economics Schools for a Master’s in New Jersey For Those Making $0-$30k” ranking is part of that endeavor.

In 2019-2020, 48,831 people earned their degree in economics, making the major the 18th most popular in the United States. In 2017-2018, economics graduates who were awarded their degree in 2015-2017, earned an average of $47,295 and had an average of $21,978 in loans still to pay off.

Across New Jersey, there were 825 economics graduates with average earnings and debt of $44,317 and $23,328 respectively. At the master’s degree level specifically, there were 52 economics graduates with average earnings and debt of $60,690 and $39,821 respectively.

This year’s “Best Value Economics Schools for a Master’s in New Jersey For Those Making $0-$30k” ranking looked at 5 colleges that offer degrees in a bachelor’s in economics. Not only do the schools that top this list have excellent economics programs, but they also cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the economics program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.

One Size Does Not Fit All

The economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Economics Schools for a Master’s in New Jersey For Those Making $0-$30k”.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Economics Schools for a Master’s in New Jersey For Those Making $0-$30k

The colleges and universities below are the best for new jersey master’s degree economics students whose families make $0-$30k.

Top 5 Best Value Master’s Degree Colleges for Economics (Income $0-$30k) in New Jersey

#1

Princeton University

Princeton, New Jersey

#1 in overall quality

$56,470 Avg Grad Tuition & Fees

Out of the 5 schools in the Best Value Economics Schools for a Master’s in New Jersey For Those Making $0-$30k that were part of this year’s ranking, Princeton University landed the #1 spot on the list. Princeton, New Jersey is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s economics degrees to 28 students in 2019-2020.

Princeton also took the #1 spot in our “Best Economics Master’s Degree Schools in New Jersey” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Princeton University are $56,470.

Read full report on Economics at Princeton

#2

Rutgers University - Newark

Newark, New Jersey

#2 in overall quality

$32,112 Avg Grad Tuition & Fees

Out of the 5 schools in the Best Value Economics Schools for a Master’s in New Jersey For Those Making $0-$30k that were part of this year’s ranking, Rutgers University - Newark landed the #2 spot on the list. Located in Newark, New Jersey, this fairly large public school awarded 8 degrees to qualified masters’s economics students in 2019-2020.

Rutgers Newark also made our “Best Economics Master’s Degree Schools in New Jersey” list, coming in at #2. Average graduate tuition and fees at Rutgers Newark are $32,112, but some majors have different tuition rates.

Full Rutgers Newark Economics Report

#3

Saint Peter's University

Jersey City, New Jersey

#4 in overall quality

$21,246 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Saint Peter’s University. The school came in at #3 for the Best Value Economics Schools for a Master’s in New Jersey For Those Making $0-$30k. Located in Jersey City, New Jersey, this small private not-for-profit school awarded 5 degrees to qualified masters’s economics students in 2019-2020.

As a testament to the quality of education offered at Saint Peter’s College, the school also landed the #4 spot in our “Best Economics Master’s Degree Schools in New Jersey” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Saint Peter’s College are $21,246.

Read full report on Economics at Saint Peter’s College

#4

Rutgers University - New Brunswick

New Brunswick, New Jersey

$32,132 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Rutgers University - New Brunswick. The school came in at #4 for the Best Value Economics Schools for a Master’s in New Jersey For Those Making $0-$30k. Rutgers University - New Brunswick is located in New Brunswick, New Jersey and, has a large student population. In 2019-2020, this school awarded 3 masters’s economics degrees to qualified students.

Rutgers New Brunswick also made our “Best Economics Master’s Degree Schools in New Jersey” list, coming in at #0. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Rutgers University - New Brunswick are $32,132.

Read full report on Economics at Rutgers University - New Brunswick

#5

Drew University

Madison, New Jersey

#3 in overall quality

$19,871 Avg Grad Tuition & Fees

Out of the 5 schools in the Best Value Economics Schools for a Master’s in New Jersey For Those Making $0-$30k that were part of this year’s ranking, Drew University landed the #5 spot on the list. Madison, New Jersey is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s economics degrees to 8 students in 2019-2020.

Drew also made our “Best Economics Master’s Degree Schools in New Jersey” list, coming in at #3. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Drew University are $19,871.

Read full report on Economics at Drew

• Best Value Master’s Degree Colleges for Economics (Income $0-$30k) in the Middle Atlantic Region
• Best Value Master’s Degree Colleges for Economics (Income $0-$30k)

Notes and References

References

• The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
• Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
• Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

• *Average salary, average net price, and average tuition and fees are for the top schools only.
• Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

Credits

• Credit for the banner image above goes to pixabay.

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