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Social Sciences · Economics Rank #85 of 351

Economicsat Rutgers University-Newark

Graduates earn $51,848/yr in their first year — about 4.0% below the national Economics average. Base-case 10-year earnings $799K; scenarios range from $675K to $834K depending on AI disruption.

Newark, NJ Public Bachelor's Degree
DegreeOutlook Score
72 STRONG
73
Optimistic
68
Pessimistic
Earnings
$51,848
1-year post-graduation
ROI
12.2x
Earnings : in-state tuition
10-yr Base
$799K
Cumulative base-case earnings
AI Risk
Very High
59% task exposure
Program Analysis

What this degree looks like at Rutgers Newark

Graduates earn $51,848/yr, roughly in line with the $53,966 national median for Economics. The value proposition here depends on cost, not earnings.

The 12.0x earnings multiple means ten-year projected earnings exceed tuition cost by an order of magnitude. By pure financial math, this is a standout.

AI risk is moderate — 56% task exposure — and the 19% scenario spread suggests disruption would dent but not destroy the earnings outlook.

With first-year pay of $51,848 far exceeding the $22,750 median debt, the payback timeline is measured in months, not years.

Ranked #85 out of 351 programs, Rutgers University-Newark's Economics program lands in the top 5% — a strong signal of graduate success.

Earnings growth from $51,848 to $87,743 over five years (69% increase) indicates that graduates in this field see meaningful salary progression.

AI Outlook Integration

Three scenarios, ten years out

Each scenario is a different assumption about how AI reshapes the career paths this major feeds into. Earnings projections stack the full 10-year cumulative trajectory; scores use the same 0–100 metric as the hero, recomputed under that scenario's assumptions.

Pessimistic
Mass Automation
$675K
10-year cumulative earnings
Scenario Score68/100
Earnings Multiple10.2x
Base Case
Moderate Integration
$799K
10-year cumulative earnings
Scenario Score72/100
Earnings Multiple12.0x
Optimistic
AI Augmentation
$834K
10-year cumulative earnings
Scenario Score73/100
Earnings Multiple12.6x
Earnings Trajectory

10 year projection

Year-by-year earnings under each scenario. Base case reflects BLS growth patterns applied to Rutgers Newark's starting earnings; optimistic and pessimistic adjust for AI's effect on each career path this major feeds into.

Career Paths

Where Economics graduates typically work

Common career destinations for this program's graduates, weighted by the school's specific occupation mix. Salary is BLS national median; AI risk is per-role task-exposure research.

1
Managers, all other
+4.5% 10-yr growth · 106,700 openings/yr
$136,550/yr
Moderate
2
Economics teachers, postsecondary
+2.1% 10-yr growth · 1,200 openings/yr
$119,980/yr
Moderate
3
Economists
+1.2% 10-yr growth · 900 openings/yr
$115,440/yr
High
4
Data scientists
+33.5% 10-yr growth · 23,400 openings/yr
$112,590/yr
High
5
Statisticians
+8.5% 10-yr growth · 2,000 openings/yr
$103,300/yr
High
6
Market research analysts and marketing specialists
+6.7% 10-yr growth · 87,200 openings/yr
$76,950/yr
High
Source: BLS Occupational Employment & Wage Statistics, May 2024. AI exposure from OpenAI GPTs-are-GPTs and Felten AIOE research.
Compare & Explore

Peer schools offering Economics

How Rutgers Newark stacks up against other schools offering this major.

Highest earnings
Harvard University
MA · Private nonprofit
77
DW Score
$104K
1-yr earn
5.8x
ROI
Same state (NJ)
Princeton University
NJ · Private nonprofit
62
DW Score
$103K
1-yr earn
3.3x
ROI
Duke University
NC · Private nonprofit
76
DW Score
$99K
1-yr earn
5.5x
ROI
Stanford University
CA · Private nonprofit
76
DW Score
$98K
1-yr earn
4.9x
ROI
Dartmouth College
NH · Private nonprofit
76
DW Score
$95K
1-yr earn
4.8x
ROI
Also at Rutgers Newark

Other top programs at Rutgers Newark

Other highest-scoring programs offered at Rutgers Newark, ranked by DegreeOutlook Score.

Consider the trade route

Not sure a 4-year degree is the right path? Trade programs in Economics offer shorter timelines, lower debt, and strong AI resilience for hands-on careers.

Compare Economics trade programs on TradeSchoolOutlook →
FAQ

Frequently asked about Economics at Rutgers Newark

How does Rutgers University-Newark's Economics program score?

A score of 72/100 indicates strong financial outcomes. Rutgers University-Newark's Economics graduates fare well on earnings, job market size, and return on investment.

How vulnerable is Economics to AI automation?

AI won't 'replace' Economics careers outright, but it is likely to reduce the number of job openings. We model 56% task exposure, which compresses field employment probability in our scenarios.

Why does Rutgers University-Newark rank so high for Economics?

The #85 ranking out of 351 programs is driven by strong financial outcomes — graduates earn well, debt is manageable relative to income, and the job market supports the field.