WalletHub’s recent ranking of New Jersey as theis troubling for several reasons. We usually finish in second place, right behind Massachusetts, which is in its accustomed berth. Why the plummet in position? For one thing, WalletHub is factoring all levels of education into its calculations — from high school diplomas and associate degrees (or “college-experienced adults”) to bachelor’s to graduate and professional degrees. All these certificates are hard won, but should they be counted equally?
New Jersey does just fine for bachelor’s (5th) and graduate/professional degrees (7th) but gets pulled down by finishing 26th for high school and 23rd for associate degrees. We think the assessment and the ranking could have been fairer. WalletHub may disagree.