2022 Best Value Bachelor’s Degree Colleges for Economics in New Jersey
When pursuing a degree in today’s world, students have many different options to choose from. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Economics Schools for a Bachelor’s in New Jersey” ranking.
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 bachelor’s degree level specifically, there were 751 economics graduates with average earnings and debt of $39,288 and $24,807 respectively.
This year’s “Best Value Economics Schools for a Bachelor’s in New Jersey” ranking looked at 17 colleges that offer degrees in a bachelor’s 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. See our ranking methodology to learn more.
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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 for a Bachelor’s in New Jersey” list to help you make the college decision.
We’ve created a tool called College Combat that lets you create your own customized comparisons 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
The colleges and universities below are the best for new jersey bachelor’s degree economics students.
Top 17 Best Value Bachelor’s Degree Colleges for Economics in New Jersey
You’ll be in good company if you decide to attend Rutgers University - New Brunswick. It ranked #1 on our 2022 Best Value Economics Schools for a Bachelor’s in New Jersey list. Located in New Brunswick, New Jersey, this large public school handed out 342 degrees to qualified bachelors’s economics students in 2019-2020.
Rutgers New Brunswick did well in our major quality rankings, too. It placed #2 on our “Best Economics Bachelor’s Degree Schools in New Jersey” list. The estimated yearly cost for Rutgers University - New Brunswick is $21,654 for new jersey bachelor’s degree economics students.
The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.
Out of the 17 schools in the Best Value Economics Schools for a Bachelor’s in New Jersey that were part of this year’s ranking, The College of New Jersey landed the #2 spot on the list. The College of New Jersey is located in Ewing, New Jersey and, has a medium-sized student population. In 2019-2020, this school awarded 20 bachelors’s economics degrees to qualified students.
TCNJ also took the #3 spot in our “Best Economics Bachelor’s Degree Schools in New Jersey” ranking. The yearly cost to attend TCNJ is $27,541 for New Jersey Bachelor’s Degree Economics students.
The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. 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%.
Out of the 17 schools in the Best Value Economics Schools for a Bachelor’s in New Jersey that were part of this year’s ranking, Ramapo College of New Jersey landed the #3 spot on the list. Mahwah, New Jersey is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s economics degrees to 11 students in 2019-2020.
As a testament to the quality of education offered at Ramapo College, the school also landed the #4 spot in our “Best Economics Bachelor’s Degree Schools in New Jersey” ranking. It costs about $21,729 for New Jersey Bachelor’s Degree Economics students per year to attend Ramapo College.
The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. 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%.
You’ll be in good company if you decide to attend Stockton University. It ranked #4 on our 2022 Best Value Economics Schools for a Bachelor’s in New Jersey list. 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.
Stockton State also took the #9 spot in our “Best Economics Bachelor’s Degree Schools in New Jersey” ranking. It costs about $19,678 for new jersey bachelor’s degree economics students per year to attend Stockton University.
The school has an impressive student loan default rate. It’s only 4.8%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%.
Out of the 17 schools in the Best Value Economics Schools for a Bachelor’s in New Jersey that were part of this year’s ranking, Rutgers University - Newark landed the #5 spot on the list. Located in Newark, New Jersey, this fairly large public school handed out 31 diplomas to qualified bachelors’s economics students in 2019-2020.
In addition to being on our new jersey bachelor’s degree economics students list, Rutgers Newark has also earned the #6 rank in our “Best Economics Bachelor’s Degree Schools in New Jersey” ranking. The estimated yearly cost for Rutgers Newark is $14,109 for new jersey bachelor’s degree economics students.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.
Rowan University came in at #6 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in New Jersey ranking. Rowan University is a fairly large public school situated in Glassboro, New Jersey. It awarded 32 bachelors’s economics degrees in 2019-2020.
Rowan also took the #8 spot in our “Best Economics Bachelor’s Degree Schools in New Jersey” ranking. The yearly cost to attend Rowan University is $25,454 for new jersey bachelor’s degree economics students.
Montclair State University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in New Jersey ranking, coming in at #7. This large school is located in Montclair, New Jersey, and it awarded 68 bachelors’s economics degrees in 2019-2020.
In addition to being on our new jersey bachelor’s degree economics students list, Montclair State has also earned the #7 rank in our “Best Economics Bachelor’s Degree Schools in New Jersey” ranking. The yearly cost to attend Montclair State is $18,034 for New Jersey Bachelor’s Degree Economics students.
The school has an impressive student loan default rate. It’s only 4.6%, which is much lower than the national rate of 10.1%.
With a ranking of #8, Rutgers University - Camden did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in New Jersey list. This medium-sized school is located in Camden, New Jersey, and it awarded 12 bachelors’s economics degrees in 2019-2020.
Rutgers Camden not only placed well in this ranking. It is also #11 on our “Best Economics Bachelor’s Degree Schools in New Jersey” list. The yearly cost to attend Rutgers University - Camden is $13,660 for new jersey bachelor’s degree economics students.
With a freshman retention rate of 85%, the school does an excellent job of retaining its students. 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%.
Kean University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in New Jersey ranking, coming in at #9. Kean University is a public institution located in Union, New Jersey. The school has a fairly large population, and it awarded 11 bachelors’s degrees in 2019-2020.
Kean also took the #15 spot in our “Best Economics Bachelor’s Degree Schools in New Jersey” ranking. It costs about $18,604 for New Jersey Bachelor’s Degree Economics students per year to attend Kean University.
William Paterson University of New Jersey did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in New Jersey ranking, coming in at #10. William Paterson University is a medium-sized public school situated in Wayne, New Jersey. It awarded 15 bachelors’s economics degrees in 2019-2020.
William Paterson University did well in our major quality rankings, too. It placed #16 on our “Best Economics Bachelor’s Degree Schools in New Jersey” list. The estimated yearly cost for William Paterson University of New Jersey is $19,547 for New Jersey Bachelor’s Degree Economics students.
With a freshman retention rate of 90%, the school does an excellent job of retaining its students.
New Jersey City University landed the #11 spot on the 2022 Best Value Economics Schools for a Bachelor’s in New Jersey ranking. This medium-sized school is located in Jersey City, New Jersey, and it awarded 8 bachelors’s economics degrees in 2019-2020.
NJCU not only placed well in this ranking. It is also #17 on our “Best Economics Bachelor’s Degree Schools in New Jersey” list. It costs about $14,154 for New Jersey Bachelor’s Degree Economics students per year to attend New Jersey City University.
Caldwell University ranked #12 on this year’s Best Value Economics Schools for a Bachelor’s in New Jersey list. Located in Caldwell, New Jersey, this small private not-for-profit school handed out 11 degrees to qualified bachelors’s economics students in 2019-2020.
As a testament to the quality of education offered at Caldwell, the school also landed the #13 spot in our “Best Economics Bachelor’s Degree Schools in New Jersey” ranking. The estimated yearly cost for Caldwell is $15,601 for New Jersey Bachelor’s Degree Economics students.
Drew University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in New Jersey ranking, coming in at #13. Drew University is a small school located in Madison, New Jersey that handed out 23 bachelors’s economics degrees in 2019-2020.
In addition to being on our new jersey bachelor’s degree economics students list, Drew has also earned the #10 rank in our “Best Economics Bachelor’s Degree Schools in New Jersey” ranking. It costs about $25,386 for New Jersey Bachelor’s Degree Economics students per year to attend Drew.
Students who start out at the school are likely to stick around. The freshman retention rate is 88%. 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%.
Saint Peter’s University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in New Jersey ranking, coming in at #14. 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 did well in our major quality rankings, too. It placed #14 on our “Best Economics Bachelor’s Degree Schools in New Jersey” list. It costs about $11,957 for new jersey bachelor’s degree economics students per year to attend Saint Peter’s College.
Princeton University came in at #15 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in New Jersey ranking. 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. It costs about $11,317 for new jersey bachelor’s degree economics students per year to attend Princeton University.
The student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%. The impressive student-to-faculty ratio of 4 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Seton Hall University landed the #16 spot on the 2022 Best Value Economics Schools for a Bachelor’s in New Jersey ranking. Seton Hall is a private not-for-profit institution located in South Orange, New Jersey. The school has a medium-sized population, and it awarded 22 bachelors’s degrees in 2019-2020.
Seton Hall also took the #5 spot in our “Best Economics Bachelor’s Degree Schools in New Jersey” ranking. It costs about $29,845 for new jersey bachelor’s degree economics students per year to attend Seton Hall.
The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.
Rider University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in New Jersey ranking, coming in at #17. This small school is located in Lawrenceville, New Jersey, and it awarded 1 bachelors’s economics degrees in 2019-2020.
Rider also made our “Best Economics Bachelor’s Degree Schools in New Jersey” list, coming in at #12. The yearly cost to attend Rider University is $27,964 for New Jersey Bachelor’s Degree Economics students.
Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors.
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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.
Credits
- Credit for the banner image above goes to pixabay.
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