2023 Best Value Economics Schools in New Jersey
12
Ranked Colleges
843
Degrees Awarded
$21,200
Avg Net Price*
With all of the options students have for higher education today, it can be tough to choose which direction to take. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Economics Schools in New Jersey” ranking is one tool we have developed to help in this regard.
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” ranking looked at 12 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.
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.
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 in New Jersey”.
One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value Economics Schools in New Jersey
The colleges and universities below are the best for new jersey economics students.
Top 12 Best Value Colleges for Economics in New Jersey
Out of the 12 schools in the Best Value Economics Schools in New Jersey that were part of this year’s ranking, Rutgers University - New Brunswick landed the #1 spot on the list. Rutgers New Brunswick is a public institution located in New Brunswick, New Jersey. The school has a large population, and it awarded 404 ’s degrees in 2020-2021.
Rutgers New Brunswick did well in our major quality rankings, too. It placed #2 on our “Best Economics Schools in New Jersey” list. The estimated yearly cost for Rutgers University - New Brunswick is $23,035 for New Jersey Economics students.
With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students. 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%.
Full Rutgers New Brunswick Economics Report
You’ll be in good company if you decide to attend Rutgers University - Newark. It ranked #2 on our 2023 Best Value Economics Schools in New Jersey list. Rutgers University - Newark is located in Newark, New Jersey and, has a fairly large student population. In 2020-2021, this school awarded 44 ’s economics degrees to qualified students.
Rutgers Newark not only placed well in this ranking. It is also #4 on our “Best Economics Schools in New Jersey” list. The yearly cost to attend Rutgers Newark is $15,996 for new jersey economics students.
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%. With a freshman retention rate of 87%, the school does an excellent job of retaining its undergraduate students.
Full Rutgers University - Newark Economics Report
You’ll be in good company if you decide to attend The College of New Jersey. It ranked #3 on our 2023 Best Value Economics Schools in New Jersey list. The College of New Jersey is a medium-sized school located in Ewing, New Jersey that handed out 19 ’s economics degrees in 2020-2021.
TCNJ also made our “Best Economics Schools in New Jersey” list, coming in at #3. It costs about $28,245 for New Jersey Economics students per year to attend The College of New Jersey.
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 The College of New Jersey
You’ll be in good company if you decide to attend Stockton University. It ranked #4 on our 2023 Best Value Economics Schools in New Jersey list. This medium-sized school is located in Galloway, New Jersey, and it awarded 10 ’s economics degrees in 2020-2021.
Stockton State also took the #9 spot in our “Best Economics Schools in New Jersey” ranking. The yearly cost to attend Stockton University is $21,404 for new jersey economics students.
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%.
Full Stockton State Economics Report
You’ll be in good company if you decide to attend Montclair State University. It ranked #5 on our 2023 Best Value Economics Schools in New Jersey list. Montclair State University is a large public school situated in Montclair, New Jersey. It awarded 79 ’s economics degrees in 2020-2021.
In addition to being on our new jersey economics students list, Montclair State has also earned the #7 rank in our “Best Economics Schools in New Jersey” ranking. The yearly cost to attend Montclair State University is $17,381 for New Jersey Economics students.
The undergrad student loan default rate at the school is 4.3%, which is quite low when compared to the national default rate of 10.1%.
Read more about Economics at Montclair State University
Rowan University landed the #6 spot on the 2023 Best Value Economics Schools in New Jersey ranking. Rowan University is a fairly large public school situated in Glassboro, New Jersey. It awarded 32 ’s economics degrees in 2020-2021.
Rowan also made our “Best Economics Schools in New Jersey” list, coming in at #8. The yearly cost to attend Rowan is $27,158 for New Jersey Economics students.
The school has an impressive undergrad student loan default rate. It’s only 4.6%, which is much lower than the national rate of 10.1%.
Read more about Economics at Rowan University
With a ranking of #7, Rutgers University - Camden did quite well on the 2023 Best Value Economics Schools in New Jersey list. Rutgers Camden is a medium-sized school located in Camden, New Jersey that handed out 15 ’s economics degrees in 2020-2021.
As a testament to the quality of education offered at Rutgers Camden, the school also landed the #10 spot in our “Best Economics Schools in New Jersey” ranking. The yearly cost to attend Rutgers University - Camden is $16,369 for new jersey economics students.
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 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%.
Full Rutgers University - Camden Economics Report
Kean University did quite well in the 2023 Best Value Economics Schools in New Jersey ranking, coming in at #8. Kean University is a fairly large school located in Union, New Jersey that handed out 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 University is $18,191 for new jersey economics students.
Full Kean Economics Report
William Paterson University of New Jersey landed the #9 spot on the 2023 Best Value Economics Schools in New Jersey ranking. William Paterson University is located in Wayne, New Jersey and, has a medium-sized student population. In 2020-2021, this school awarded 10 ’s economics degrees to qualified students.
William Paterson University also took the #12 spot in our “Best Economics Schools in New Jersey” ranking. It costs about $18,498 for new jersey economics students 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.
Read full report on Economics at William Paterson University
Drew University landed the #10 spot on the 2023 Best Value Economics Schools in New Jersey ranking. This small school is located in Madison, New Jersey, and it awarded 34 ’s economics degrees in 2020-2021.
In addition to being on our new jersey economics students list, Drew has also earned the #6 rank in our “Best Economics Schools in New Jersey” ranking. The yearly cost to attend Drew is $25,776 for new jersey economics students.
Students who start out at the school are likely to stick around. The freshman retention rate is 88%. The undergrad student loan default rate at the school is 3.9%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Economics at Drew University
With a ranking of #11, Seton Hall University did quite well on the 2023 Best Value Economics Schools in New Jersey list. Seton Hall University 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.
In addition to being on our new jersey economics students list, Seton Hall has also earned the #5 rank in our “Best Economics Schools in New Jersey” ranking. The yearly cost to attend Seton Hall University is $32,634 for new jersey economics students.
The school has an impressive undergrad student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.
Full Seton Hall University Economics Report
Princeton University landed the #12 spot on the 2023 Best Value Economics Schools in New Jersey ranking. Located in Princeton, New Jersey, this medium-sized private not-for-profit school handed out 140 diplomas to qualified ’s economics students in 2020-2021.
As a testament to the quality of education offered at Princeton, the school also landed the #1 spot in our “Best Economics Schools in New Jersey” ranking. It costs about $9,836 for new jersey economics students per year to attend Princeton.
The impressive undergraduate 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. The school has an impressive undergrad student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%.
Read more about Economics at Princeton
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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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