2023 Best Value Colleges for Economics (Income $48-$75k) in New Jersey
12
Ranked Colleges
843
Degrees Awarded
When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Economics Schools in New Jersey For Those Making $48-$75k” ranking as one item you can use to help make this decision.
In 2020-2021, 49,055 people earned their degree in economics, making the major the 19th most popular in the United States. In 2019-2020, economics graduates who were awarded their degree in 2017-2019, earned an average of $48,736 and had an average of $22,046 in loans still to pay off.
Across New Jersey, there were 843 economics graduates with average earnings and debt of $49,987 and $24,919 respectively.
This year’s “Best Value Economics Schools in New Jersey For Those Making $48-$75k” ranking analyzed 12 colleges that offered a degree in economics. This ranking identifies schools with high-quality economics programs that also have a lower cost than 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. For more information, check out our ranking methodology.
One Size Does Not Fit All
When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Economics Schools in New Jersey For Those Making $48-$75k” list to help you make the college decision.
In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Best Value Economics Schools in New Jersey For Those Making $48-$75k
The following schools top our list of the Best Best Value Economics Schools in New Jersey For Those Making $48-$75k.
Top 12 Best Value Colleges for Economics (Income $48-$75k) in New Jersey
You’ll join some of the best and brightest minds around if you attend Princeton University. The school came in at #1 for the Best Value Economics Schools in New Jersey For Those Making $48-$75k. Princeton is a medium-sized school located in Princeton, New Jersey that handed out 140 ’s economics degrees in 2020-2021.
Princeton not only placed well in this ranking. It is also #1 on our “Best Economics Schools in New Jersey” list. It costs about $5,542 for New Jersey Economics students whose families make $48-$75k per year to attend Princeton University.
The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. With a undergrad student-to-faculty ratio of 4 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Full Princeton Economics Report
You’ll join some of the best and brightest minds around if you attend Rutgers University - New Brunswick. The school came in at #2 for the Best Value Economics Schools in New Jersey For Those Making $48-$75k. Located in New Brunswick, New Jersey, this large public school handed out 404 diplomas to qualified ’s economics students in 2020-2021.
Rutgers New Brunswick also made our “Best Economics Schools in New Jersey” list, coming in at #2. The estimated yearly cost for Rutgers New Brunswick is $20,927 for New Jersey Economics students whose families make $48-$75k.
The undergrad student loan default rate at the school is 2.6%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.
Read more about Economics at Rutgers New Brunswick
You’ll join some of the best and brightest minds around if you attend Rutgers University - Newark. The school came in at #3 for the Best Value Economics Schools in New Jersey For Those Making $48-$75k. Rutgers Newark is a fairly large public school situated in Newark, New Jersey. It awarded 44 ’s economics degrees in 2020-2021.
Rutgers Newark also took the #4 spot in our “Best Economics Schools in New Jersey” ranking. The estimated yearly cost for Rutgers University - Newark is $18,648 for New Jersey Economics students whose families make $48-$75k.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 2.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read full report on Economics at Rutgers Newark
You’ll join some of the best and brightest minds around if you attend Rutgers University - Camden. The school came in at #4 for the Best Value Economics Schools in New Jersey For Those Making $48-$75k. Camden, New Jersey is the setting for this medium-sized institution of higher learning. The public school handed out ’s economics degrees to 15 students in 2020-2021.
Rutgers Camden did well in our major quality rankings, too. It placed #10 on our “Best Economics Schools in New Jersey” list. The estimated yearly cost for Rutgers Camden is $15,952 for new jersey economics students whose families make $48-$75k.
With a freshman retention rate of 85%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 2.6%, which is much lower than the national rate of 10.1%.
Read full report on Economics at Rutgers Camden
You’ll join some of the best and brightest minds around if you attend Montclair State University. The school came in at #5 for the Best Value Economics Schools in New Jersey For Those Making $48-$75k. Montclair, New Jersey is the setting for this large institution of higher learning. The public school handed out ’s economics degrees to 79 students in 2020-2021.
Montclair State did well in our major quality rankings, too. It placed #7 on our “Best Economics Schools in New Jersey” list. The yearly cost to attend Montclair State University is $18,026 for New Jersey Economics students whose families make $48-$75k.
The low undergrad student loan default rate of 4.3% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read full report on Economics at Montclair State University
Drew University ranked #6 on this year’s Best Value Economics Schools in New Jersey For Those Making $48-$75k list. Drew is a private not-for-profit institution located in Madison, New Jersey. The school has a small population, and it awarded 34 ’s degrees in 2020-2021.
Drew not only placed well in this ranking. It is also #6 on our “Best Economics Schools in New Jersey” list. The yearly cost to attend Drew University is $20,243 for new jersey economics students whose families make $48-$75k.
The low undergrad student loan default rate of 3.9% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 88%.
Read full report on Economics at Drew University
Stockton University did quite well in the 2023 Best Value Economics Schools in New Jersey For Those Making $48-$75k ranking, coming in at #7. Stockton University is a medium-sized school located in Galloway, New Jersey that handed out 10 ’s economics degrees in 2020-2021.
Stockton State not only placed well in this ranking. It is also #9 on our “Best Economics Schools in New Jersey” list. It costs about $21,350 for New Jersey Economics students whose families make $48-$75k per year to attend Stockton University.
With a freshman retention rate of 85%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 4.2% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read more about Economics at Stockton State
Kean University came in at #8 in this year’s edition of the Best Value Economics Schools in New Jersey For Those Making $48-$75k ranking. This fairly large school is located in Union, New Jersey, and it awarded 10 ’s economics degrees in 2020-2021.
Kean also took the #11 spot in our “Best Economics Schools in New Jersey” ranking. The estimated yearly cost for Kean is $20,486 for New Jersey Economics students whose families make $48-$75k.
Read full report on Economics at Kean
William Paterson University of New Jersey ranked #9 on this year’s Best Value Economics Schools in New Jersey For Those Making $48-$75k list. William Paterson University of New Jersey is a medium-sized public school situated in Wayne, New Jersey. It awarded 10 ’s economics degrees in 2020-2021.
William Paterson University also made our “Best Economics Schools in New Jersey” list, coming in at #12. It costs about $19,749 for new jersey economics students whose families make $48-$75k per year to attend William Paterson University of New Jersey.
The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year.
Full William Paterson University Economics Report
The College of New Jersey ranked #10 on this year’s Best Value Economics Schools in New Jersey For Those Making $48-$75k list. This medium-sized school is located in Ewing, New Jersey, and it awarded 19 ’s economics degrees in 2020-2021.
TCNJ not only placed well in this ranking. It is also #3 on our “Best Economics Schools in New Jersey” list. The yearly cost to attend TCNJ is $25,434 for New Jersey Economics students whose families make $48-$75k.
The low undergrad student loan default rate of 1.3% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
Read full report on Economics at TCNJ
Rowan University did quite well in the 2023 Best Value Economics Schools in New Jersey For Those Making $48-$75k ranking, coming in at #11. Rowan is a fairly large school located in Glassboro, New Jersey that handed out 32 ’s economics degrees in 2020-2021.
Rowan also took the #8 spot in our “Best Economics Schools in New Jersey” ranking. It costs about $27,278 for new jersey economics students whose families make $48-$75k per year to attend Rowan.
The low undergrad student loan default rate of 4.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Full Rowan Economics Report
Seton Hall University came in at #12 in this year’s edition of the Best Value Economics Schools in New Jersey For Those Making $48-$75k ranking. Seton Hall is located in South Orange, New Jersey and, has a medium-sized student population. In 2020-2021, this school awarded 21 ’s economics degrees to qualified students.
Seton Hall also took the #5 spot in our “Best Economics Schools in New Jersey” ranking. The yearly cost to attend Seton Hall University is $30,127 for New Jersey Economics students whose families make $48-$75k.
The undergrad student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.
Full Seton Hall Economics Report
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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
- *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
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