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2022 Best Value Master’s Degree Colleges for Economics (Income $30-$48k) in New Jersey

5 Ranked Colleges
52 Degrees Awarded
$32,300 Avg Grad Tuition & Fees*
Best Value Economics Schools for a Master's in New Jersey For Those Making $30-$48k

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 for a Master’s in New Jersey For Those Making $30-$48k” ranking as one item you can use to help make this decision.

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.

For this year’s “Best Value Economics Schools for a Master’s in New Jersey For Those Making $30-$48k” ranking, we looked at 5 colleges that offer a degree in economics. The schools that top this list are recognized because they have great economics programs and cost less that schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the economics program at the school. For more information, check out our ranking methodology.

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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 for a Master’s in New Jersey For Those Making $30-$48k” list to help you make the college decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. 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 Master’s in New Jersey For Those Making $30-$48k

The colleges and universities below are the best for new jersey master’s degree economics students whose families make $30-$48k.

Top 5 Best Value Master’s Degree Colleges for Economics (Income $30-$48k) in New Jersey

#1

Princeton University

Princeton, New Jersey
#1 in overall quality
$56,470 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Princeton University. It ranked #1 on our 2022 Best Value Economics Schools for a Master’s in New Jersey For Those Making $30-$48k list. Princeton is a medium-sized private not-for-profit school situated in Princeton, New Jersey. It awarded 28 masters’s economics degrees in 2019-2020.

In addition to being on our new jersey master’s degree economics students whose families make $30-$48k list, Princeton has also earned the #1 rank in our “Best Economics Master’s Degree Schools in New Jersey” ranking. Average graduate tuition and fees at Princeton are $56,470, but some majors have different tuition rates.

Full Princeton Economics Report

#2

Rutgers University - Newark

Newark, New Jersey
#2 in overall quality
$32,112 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Rutgers University - Newark. The school came in at #2 for the Best Value Economics Schools for a Master’s in New Jersey For Those Making $30-$48k. Rutgers University - Newark is a fairly large school located in Newark, New Jersey that handed out 8 masters’s economics degrees in 2019-2020.

In addition to being on our new jersey master’s degree economics students whose families make $30-$48k list, Rutgers Newark has also earned the #2 rank 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 Rutgers Newark are $32,112.

Read more about Economics at Rutgers University - Newark

#3

Saint Peter's University

Jersey City, New Jersey
#4 in overall quality
$21,246 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 $30-$48k that were part of this year’s ranking, Saint Peter’s University landed the #3 spot on the list. Saint Peter’s University is located in Jersey City, New Jersey and, has a small student population. In 2019-2020, this school awarded 5 masters’s economics degrees to qualified students.

In addition to being on our new jersey master’s degree economics students whose families make $30-$48k list, Saint Peter’s College has also earned the #4 rank in our “Best Economics Master’s Degree Schools in New Jersey” ranking. Average graduate tuition and fees at Saint Peter’s College are $21,246, but you may pay more or less depending on your major.

Full Saint Peter’s University Economics Report

#4

Rutgers University - New Brunswick

New Brunswick, New Jersey
$32,132 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 $30-$48k that were part of this year’s ranking, Rutgers University - New Brunswick landed the #4 spot on the list. Located in New Brunswick, New Jersey, this large public school awarded 3 degrees to qualified masters’s economics students in 2019-2020.

Rutgers New Brunswick did well in our major quality rankings, too. It placed #0 on our “Best Economics Master’s Degree Schools in New Jersey” list. Average graduate tuition and fees at Rutgers New Brunswick are $32,132, but you may pay more or less depending on your major.

Full Rutgers University - New Brunswick Economics Report

#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 $30-$48k that were part of this year’s ranking, Drew University landed the #5 spot on the list. Drew is a private not-for-profit institution located in Madison, New Jersey. The school has a small population, and it awarded 8 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at Drew, the school also landed the #3 spot in our “Best Economics Master’s Degree Schools in New Jersey” ranking. Average graduate tuition and fees at Drew University are $19,871, but some majors have different tuition rates.

Full Drew Economics Report

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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