2022 Best Value Bachelor’s Degree Colleges for Economics (Income $30-$48k) in New Jersey
It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value Economics Schools for a Bachelor’s in New Jersey For Those Making $30-$48k” ranking as one item you can use to help make this decision.
Economics is the 18th most popular major in the country with 48,831 degrees awarded in 2019-2020. 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 bachelor’s degree level specifically, there were 751 economics graduates with average earnings and debt of $39,288 and $24,807 respectively.
For this year’s “Best Value Economics Schools for a Bachelor’s in New Jersey For Those Making $30-$48k” ranking, we looked at 17 colleges that offer a degree 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. Check out our ranking methodology for more information.
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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Economics Schools for a Bachelor’s in New Jersey For Those Making $30-$48k” list, to help you choose the best school for you.
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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value Economics Schools for a Bachelor’s in New Jersey For Those Making $30-$48k
The colleges and universities below are the best for new jersey bachelor’s degree economics students whose families make $30-$48k.
Top 17 Best Value Bachelor’s Degree Colleges for Economics (Income $30-$48k) in New Jersey
Out of the 17 schools in the Best Value Economics Schools for a Bachelor’s in New Jersey For Those Making $30-$48k that were part of this year’s ranking, Princeton University landed the #1 spot on the list. Princeton University is a private not-for-profit institution located in Princeton, New Jersey. The school has a medium-sized population, and it awarded 126 bachelors’s degrees in 2019-2020.
Princeton not only placed well in this ranking. It is also #1 on our “Best Economics Bachelor’s Degree Schools in New Jersey” list. The yearly cost to attend Princeton is $2,044 for New Jersey Bachelor’s Degree Economics students whose families make $30-$48k.
The low student loan default rate of 0.9% 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%. The student-to-faculty ratio of 4 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
You’ll be in good company if you decide to attend Rutgers University - New Brunswick. It ranked #2 on our 2022 Best Value Economics Schools for a Bachelor’s in New Jersey For Those Making $30-$48k list. Located in New Brunswick, New Jersey, this large public school awarded 342 degrees to qualified bachelors’s economics students in 2019-2020.
Rutgers New Brunswick also took the #2 spot in our “Best Economics Bachelor’s Degree Schools in New Jersey” ranking. The yearly cost to attend Rutgers New Brunswick is $15,779 for new jersey bachelor’s degree economics students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.
You’ll be in good company if you decide to attend The College of New Jersey. It ranked #3 on our 2022 Best Value Economics Schools for a Bachelor’s in New Jersey For Those Making $30-$48k list. This medium-sized school is located in Ewing, New Jersey, and it awarded 20 bachelors’s economics degrees in 2019-2020.
TCNJ not only placed well in this ranking. It is also #3 on our “Best Economics Bachelor’s Degree Schools in New Jersey” list. It costs about $16,284 for new jersey bachelor’s degree economics students whose families make $30-$48k per year to attend TCNJ.
The low student loan default rate of 1.6% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
You’ll be in good company if you decide to attend Rutgers University - Camden. It ranked #4 on our 2022 Best Value Economics Schools for a Bachelor’s in New Jersey For Those Making $30-$48k list. Rutgers Camden is a medium-sized school located in Camden, New Jersey that handed out 12 bachelors’s economics degrees in 2019-2020.
Rutgers Camden did well in our major quality rankings, too. It placed #11 on our “Best Economics Bachelor’s Degree Schools in New Jersey” list. It costs about $9,199 for New Jersey Bachelor’s Degree Economics students whose families make $30-$48k per year to attend Rutgers Camden.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The school has an impressive student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Rutgers University - Newark. The school came in at #5 for the Best Value Economics Schools for a Bachelor’s in New Jersey For Those Making $30-$48k. Newark, New Jersey is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s economics degrees to 31 students in 2019-2020.
As a testament to the quality of education offered at Rutgers Newark, the school also landed the #6 spot in our “Best Economics Bachelor’s Degree Schools in New Jersey” ranking. The yearly cost to attend Rutgers Newark is $11,047 for new jersey bachelor’s degree economics students whose families make $30-$48k.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The school has an impressive student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.
Montclair State University ranked #6 on this year’s Best Value Economics Schools for a Bachelor’s in New Jersey For Those Making $30-$48k list. Montclair State University is a public institution located in Montclair, New Jersey. The school has a large population, and it awarded 68 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Montclair State, the school also landed the #7 spot in our “Best Economics Bachelor’s Degree Schools in New Jersey” ranking. The estimated yearly cost for Montclair State University is $14,913 for New Jersey Bachelor’s Degree Economics students whose families make $30-$48k.
The low 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%.
With a ranking of #7, Saint Peter’s University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in New Jersey For Those Making $30-$48k list. Jersey City, New Jersey is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 6 students in 2019-2020.
Saint Peter’s College not only placed well in this ranking. It is also #14 on our “Best Economics Bachelor’s Degree Schools in New Jersey” list. The yearly cost to attend Saint Peter’s College is $9,277 for new jersey bachelor’s degree economics students whose families make $30-$48k.
Stockton University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in New Jersey For Those Making $30-$48k ranking, coming in at #8. Galloway, New Jersey is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s economics degrees to 12 students in 2019-2020.
In addition to being on our new jersey bachelor’s degree economics students whose families make $30-$48k list, Stockton State has also earned the #9 rank in our “Best Economics Bachelor’s Degree Schools in New Jersey” ranking. The estimated yearly cost for Stockton State is $13,406 for new jersey bachelor’s degree economics students whose families make $30-$48k.
With a freshman retention rate of 85%, the school does an excellent job of retaining its students. The student loan default rate at the school is 4.8%, which is quite low when compared to the national default rate of 10.1%.
Ramapo College of New Jersey landed the #9 spot on the 2022 Best Value Economics Schools for a Bachelor’s in New Jersey For Those Making $30-$48k ranking. This medium-sized school is located in Mahwah, New Jersey, and it awarded 11 bachelors’s economics degrees in 2019-2020.
Ramapo College not only placed well in this ranking. It is also #4 on our “Best Economics Bachelor’s Degree Schools in New Jersey” list. The estimated yearly cost for Ramapo College of New Jersey is $14,988 for new jersey bachelor’s degree economics students whose families make $30-$48k.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The student loan default rate at the school is 4.1%, which is quite low when compared to the national default rate of 10.1%.
New Jersey City University came in at #10 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in New Jersey For Those Making $30-$48k ranking. NJCU is located in Jersey City, New Jersey and, has a medium-sized student population. In 2019-2020, this school awarded 8 bachelors’s economics degrees to qualified students.
In addition to being on our new jersey bachelor’s degree economics students whose families make $30-$48k list, NJCU has also earned the #17 rank in our “Best Economics Bachelor’s Degree Schools in New Jersey” ranking. The yearly cost to attend NJCU is $13,257 for new jersey bachelor’s degree economics students whose families make $30-$48k.
Caldwell University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in New Jersey For Those Making $30-$48k ranking, coming in at #11. Caldwell University is a private not-for-profit institution located in Caldwell, New Jersey. The school has a small population, and it awarded 11 bachelors’s degrees in 2019-2020.
Caldwell also made our “Best Economics Bachelor’s Degree Schools in New Jersey” list, coming in at #13. It costs about $12,604 for new jersey bachelor’s degree economics students whose families make $30-$48k per year to attend Caldwell.
With a ranking of #12, Drew University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in New Jersey For Those Making $30-$48k list. This small school is located in Madison, New Jersey, and it awarded 23 bachelors’s economics degrees in 2019-2020.
Drew also took the #10 spot in our “Best Economics Bachelor’s Degree Schools in New Jersey” ranking. The estimated yearly cost for Drew University is $18,230 for New Jersey Bachelor’s Degree Economics students whose families make $30-$48k.
The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 4.2%, which is much lower than the national rate of 10.1%.
Kean University landed the #13 spot on the 2022 Best Value Economics Schools for a Bachelor’s in New Jersey For Those Making $30-$48k ranking. This fairly large school is located in Union, New Jersey, and it awarded 11 bachelors’s economics degrees in 2019-2020.
As a testament to the quality of education offered at Kean, the school also landed the #15 spot in our “Best Economics Bachelor’s Degree Schools in New Jersey” ranking. The estimated yearly cost for Kean University is $15,827 for new jersey bachelor’s degree economics students whose families make $30-$48k.
William Paterson University of New Jersey did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in New Jersey For Those Making $30-$48k ranking, coming in at #14. William Paterson University of New Jersey is located in Wayne, New Jersey and, has a medium-sized student population. In 2019-2020, this school awarded 15 bachelors’s economics degrees to qualified students.
William Paterson University also made our “Best Economics Bachelor’s Degree Schools in New Jersey” list, coming in at #16. It costs about $19,438 for New Jersey Bachelor’s Degree Economics students whose families make $30-$48k per year to attend William Paterson University of New Jersey.
Students who start out at the school are likely to stick around. The freshman retention rate is 90%.
Read full report on Economics at William Paterson University of New Jersey
Rowan University ranked #15 on this year’s Best Value Economics Schools for a Bachelor’s in New Jersey For Those Making $30-$48k list. Rowan University is located in Glassboro, New Jersey and, has a fairly large student population. In 2019-2020, this school awarded 32 bachelors’s economics degrees to qualified students.
Rowan also took the #8 spot in our “Best Economics Bachelor’s Degree Schools in New Jersey” ranking. The estimated yearly cost for Rowan University is $19,971 for new jersey bachelor’s degree economics students whose families make $30-$48k.
Seton Hall University ranked #16 on this year’s Best Value Economics Schools for a Bachelor’s in New Jersey For Those Making $30-$48k list. South Orange, New Jersey is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 22 students in 2019-2020.
Seton Hall not only placed well in this ranking. It is also #5 on our “Best Economics Bachelor’s Degree Schools in New Jersey” list. It costs about $21,692 for new jersey bachelor’s degree economics students whose families make $30-$48k per year to attend Seton Hall.
The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.
Rider University landed the #17 spot on the 2022 Best Value Economics Schools for a Bachelor’s in New Jersey For Those Making $30-$48k ranking. Rider University is a small school located in Lawrenceville, New Jersey that handed out 1 bachelors’s economics degrees in 2019-2020.
In addition to being on our new jersey bachelor’s degree economics students whose families make $30-$48k list, Rider has also earned the #12 rank in our “Best Economics Bachelor’s Degree Schools in New Jersey” ranking. The estimated yearly cost for Rider University is $23,326 for New Jersey Bachelor’s Degree Economics students whose families make $30-$48k.
The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
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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
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.
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- Credit for the banner image above goes to pixabay.
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