This is something that needs to be addressed during the admitted student weekend because a school cutting their employment numbers that drastically is a huge red flag...
Beeg12 wrote:I believe the discrepancy between the salaries at Camden and Newark has ONLY to do with placement geography. North Jersey is closer to NYC, and while this absolutely does not mean that graduates will work in NYC firms, it does mean that when HUGE NYC companies move to North Jersey for tax breaks, it lends to higher corporate law reliance in Newark and more liberal hiring and salaries by North Jersey firms.
How do you think there have been so many jobs created in Jersey? The state granted twice as many corporate tax breaks in 2011 than in 2010.
Aeropostale, Inc, Bed Bath and Beyond, and Realology were all given enormous tax breaks to move from NYC to Bergen and Passaic in 2011.
This I believe is a growing trend. For a long time individuals that work in NYC have been moving to North Jersey to live and save money, now big business is following their lead. The economy of the regions differ enough to easily explain the drop in pp salaries in Camden.
As far as cost of living, yes it is more expensive in North Jersey, but not anywhere in the realm of 60k/year, which is the latest difference in average salary.(according to US News, which is sketchy at best.) Analysis of each schools self reported salary information shows a difference of 45k+, still not a factor as far as cost of living.
The sentiment in this forum(Camden specifically) is that this merger, if it happens, is irrelevant to employment, and that a Rutgers diploma is all that matters. I am still unaware as to how we can speculate that a name change and reallocation of funding would not affect the views of the institution by hiring firms. It may not affect it, but personally, any extra risk associated with such a large investment is a large factor in determining matriculation.
Difference in salary does not say anything as to the quality of education a graduate will receive. Camden just places graduates into a smaller and more distressed market.