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Economics in New Jersey

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Economics Schools in New Jersey

843 Economics students earned their degrees in the state in 2020-2021.

In this state, Economics is the 5th most popular major out of a total 24 majors commonly available.

Education Levels of Economics Majors in New Jersey

Economics majors in the state tend to have the following degree levels:

Education Level Number of Grads
Bachelor’s Degree 761
Master’s Degree 56
Doctor’s Degree (Research / Scholarship) 26
Doctor’s Degree (Professional Practice) 26
Doctor’s Degree (Other) 26

Gender Distribution

In New Jersey, a economics major is more popular with men than with women.

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Racial Distribution

The racial distribution of economics majors in New Jersey is as follows:

  • Asian: 18.6%
  • Black or African American: 5.2%
  • Hispanic or Latino: 13.9%
  • White: 35.6%
  • Non-Resident Alien: 21.2%
  • Other Races: 5.5%
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Jobs for Economics Grads in New Jersey

There are 38,700 people in the state and 1,144,130 people in the nation working in economics jobs.

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Wages for Economics Jobs in New Jersey

Economics grads earn an average of $100,500 in the state and $115,590 nationwide.

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There are 12 colleges in New Jersey that offer economics degrees. Learn about the most popular 12 below:

404 Degrees in Major Awarded
80% Graduation Rate
50,411 Total Students

Grads earn an average early-career salary of $54,962 after earning their degree at this institution. Of all the teachers who work at the school, 60% are considered full time. Of all the students who attend this school, 66% get financial aid.

#2

Princeton University

Princeton
140 Degrees in Major Awarded
96% Graduation Rate
7,853 Total Students

Students who attend this private institution pay an average net price of $9,836. In their early career, Princeton grads earn an average salary of $84,713. 4 to 1 is the student to faculty ratio.

79 Degrees in Major Awarded
71% Graduation Rate
21,005 Total Students

Of all the teachers who work at the school, 38% are considered full time. The student loan default rate of 4.30% is a good sign that graduates can afford their loan payments. Students who attend this public school pay an average net price of $17,381.

44 Degrees in Major Awarded
64% Graduation Rate
13,231 Total Students

Of all the teachers who work at the school, 67% are considered full time. The average student takes 4.48 years to complete their degree at Rutgers Newark. 85% of students are awarded financial aid at this school.

#5

Drew University

Madison
34 Degrees in Major Awarded
62% Graduation Rate
2,229 Total Students

Students who attend this private institution pay an average net price of $25,776. The student to faculty ratio is 12 to 1. Of all the teachers who work at the school, 56% are considered full time.

#6

Rowan University

Glassboro
32 Degrees in Major Awarded
72% Graduation Rate
19,678 Total Students

The 4.60% student loan default rate is lower than average. 89% of students get financical aid. 17 to 1 is the student to faculty ratio.

#7

Seton Hall University

South Orange
21 Degrees in Major Awarded
70% Graduation Rate
9,814 Total Students

Seeking financial aid? At this school, 100% of students receive it. 14 to 1 is the student to faculty ratio. Most students complete their degree in 4.09 years.

19 Degrees in Major Awarded
86% Graduation Rate
7,783 Total Students

Roughly six years after entering college, graduates of this school earn $57,264 a year. The student loan default rate of 1.30% is a good sign that graduates can afford their loan payments. Of all the teachers who work at the school, 46% are considered full time.

15 Degrees in Major Awarded
58% Graduation Rate
7,076 Total Students

The student loan default rate of 2.60% is a good sign that graduates can afford their loan payments. The full-time teacher rate is 48%. 15 to 1 is the student to faculty ratio.

#10

Kean University

Union
10 Degrees in Major Awarded
49% Graduation Rate
14,064 Total Students

Of all the teachers who work at the school, 26% are considered full time. Most students complete their degree in 4.66 years. The student loan default rate of 5.70% is a good sign that graduates can afford their loan payments.

#10

Stockton University

Galloway
10 Degrees in Major Awarded
74% Graduation Rate
9,893 Total Students

Seeking financial aid? At this school, 91% of students receive it. The student to faculty ratio is 18 to 1. The full-time teacher rate is 48%.

10 Degrees in Major Awarded
52% Graduation Rate
9,635 Total Students

Roughly six years after entering college, graduates of this school earn $43,130 a year. The student to faculty ratio is 13 to 1. Seeking financial aid? At this school, 90% of students receive it.

Economics Careers in NJ

Some of the careers economics majors go into include:

Job Title NJ Job Growth NJ Median Salary
Market Research Analysts and Marketing Specialists 21% $78,030
Economics Professors 8% $102,430
Managers 7% $127,510
Economists 0% $87,590

View Nationwide Economics Report

References

More about our data sources and methodologies.

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