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91.3%Acceptance
$14,766Tuition
17,677Students
64%Grad Rate (6-yr)
$61,415Earnings
#17 in New JerseyPublic4-yearSAT/ACT Test OptionalResearch UniversityNCAA Division IIIStudy AbroadData: 2023-24
Return on Investment: Strong

At $14,159/yr net price, Montclair State University graduates earn $61,415/yr within 10 years of enrollment, which is $27,415/yr above the median for high school graduates.

Cost vs. Outcomes

Return on investment data for Montclair State University
Metric Value
Average Net Price (per year) $14,159
Estimated 4-Year Cost $56,636
Median Earnings (10yr post-entry) $61,415/yr
Earnings Premium vs. HS Diploma +$27,415/yr
Estimated Break-Even 2.1 years
Graduation Rate (6-year) 64.3%
Median Debt at Graduation $22,000

What You'll Actually Pay

Average net price by family income

Net price by family income for Montclair State University
Family Income Estimated Net Price
$0 - $30,000 $9,482/yr
$30,001 - $48,000 $10,729/yr
$48,001 - $75,000 $15,990/yr
$75,001 - $110,000 $21,259/yr
$110,001+ $23,607/yr

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program at Montclair State University
Program Level Median Earnings Median Debt
Business Administration, Management and Operations. Master $88,971 $37,409
Educational Administration and Supervision. Certificate $73,737
Educational Administration and Supervision. Master $70,456 $27,500
Accounting and Related Services. Master $66,069
Student Counseling and Personnel Services. Certificate $61,020
Communication Disorders Sciences and Services. Master $57,318 $44,000
Special Education and Teaching. Master $56,157
Education, General. Master $54,996 $28,660
Teacher Education and Professional Development, Specific Subject Areas. Master $54,322 $25,784
Computer and Information Sciences, General. Bachelor $52,107 $21,500

The Risk Factor

Completion Risk: Moderate Risk

64.3% of students at Montclair State University graduate within 6 years. A significant share of students finish, but roughly 36% do not complete their degree.

Analysis

Montclair State University delivers solid financial returns for a public institution, with graduates earning a median $61,415 annually while carrying relatively low debt loads of $22,000. Your return on investment depends heavily on your major choice at this New Jersey school.

Business Administration graduates command the highest salaries at nearly $89,000, though they also carry the steepest debt burden at $37,409. Accounting majors earn $66,069 with more manageable debt levels, making this program one of the strongest financial bets. Education-focused graduate programs also pay well, with administration roles reaching $73,737 annually.

The school's 64% graduation rate poses a significant financial risk. If you struggle academically or lack clear career direction, you could end up with debt but no degree. The 80% retention rate suggests many students who start here do continue, but finishing remains a challenge for over one-third of students.

Montclair State works best financially for motivated students pursuing business, education, or other professional programs who can benefit from the school's proximity to New York City job markets. The relatively low net price of $14,159 makes it accessible, and less than half of students need financial aid.

Skip this school if you're considering lower-earning majors without clear career paths, as the modest earnings potential won't justify even this affordable cost. Students who need extensive academic support should also consider alternatives given the graduation rate concerns. For career-focused students in strong programs, Montclair State offers decent value in an expensive region.

Frequently Asked Questions

Is Montclair State University worth the cost?

Montclair State offers reasonable value with a low net price of $14,159 per year and median debt of $22,000. The 10-year earnings average of $61,415 provides a decent return, though the 64% graduation rate means many students don't finish their degrees.

What are the highest paying majors at Montclair State University?

Business Administration leads with nearly $89,000 in median earnings, followed by Educational Administration at $73,737. These programs significantly outperform the school average and justify the investment.

How much debt do Montclair State University graduates typically have?

Graduates carry a median debt load of $22,000, which is manageable given the relatively low cost of attendance. This debt level is reasonable compared to national averages for public universities.

Does Montclair State University have good job prospects after graduation?

Job outcomes vary widely by major, with business and education programs showing strong earning potential above $60,000. However, the 91% acceptance rate and 1075 average SAT suggest less selective admissions, which can impact post-graduation opportunities in competitive fields.