In today's knowledge economy, additional schooling — from some college to a bachelor’s degree to a master’s degree and beyond — translates into higher earning potential for Montclair State alumni.

We benefit both the region and the state by attracting and retaining talent — many of whom choose to stay in the region after graduation. As credentialed alumni they benefit local and state economies by earning and spending more money.

An area circle chart. The smaller area says '$32 million estimated wage premium for alumni in Essex and Passaic counties', and the larger area says '$142 million estimated wage premium for alumni in New Jersey.'

Montclair State alumni are a powerful force in New Jersey’s economy.

Montclair State University alumni lead dozens of top businesses in New Jersey and the metropolitan area, as founders, presidents and C-suite executives, including:

  • ABC News
  • Applegate Farms
  • AT&T
  • CNBC
  • Hartz Mountain Industries, Inc.
  • Hearst Magazines
  • KPMG, LLP
  • Marsh USA, Inc.
  • Prudential Financial, Inc.
  • PSEG
  • QualCare, Inc.
  • Quest Diagnostics
  • Sanofi-Aventis U.S.
  • Software Synergy Inc.
  • Telebrands Corporation
  • The Louis Berger Group
  • Valley National Bank
  • Verizon New Jersey, Inc.
  • Wells Fargo
  • Wyndham Worldwide Corporation

110 million

Montclair State alumni, of which more than 86,000 (79 percent) live in New Jersey and 54,000 live and work in-state

$111 million

annual total economic output from wage premium supports 700 jobs and $40 million in earnings

$4 million

combined income, sales and business tax revenues for the state from the wage premium of Montclair State graduates