Rutgers–Newark Ranks 17th in Economic Mobility Nationwide
Rutgers–Newark ranks 17th in the nation for economic mobility. National policy think tank and research organization Third Way compiled data on 1,400 universities and colleges nationwide, evaluating their effectiveness in providing “a strong return on investment to students with the greatest financial need.’’
“Institutions that are affordable and offer a quick return on investment are committed to access and success for low- to moderate-income students who stand to gain the most in economic and social returns from higher education,’’ according to Third Way.
Rutgers-Newark ranked in the top 20 percent of institutions on Third Way’s economic mobility index, which relies in part on a “price -to-earnings premium” index measuring how long it takes students to recoup their educational costs.