2
Ranked Colleges
276
Degrees Awarded
$20,100
Avg Net Price*
When pursuing a degree in today’s world, students have many different options to choose from. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Engineering-Related Fields Schools in New Jersey For Those Making $0-$30k” ranking - to help you make that decision.
Engineering-Related Fields is the 112th most popular major in the country with 6,736 degrees awarded in 2020-2021. In 2019-2020, engineering-related fields graduates who were awarded their degree in 2017-2019, earned an average of $77,404 and had an average of $26,200 in loans still to pay off.
Across New Jersey, there were 276 engineering-related fields graduates with average earnings and debt of $79,828 and $26,821 respectively.
This year’s “Best Value Engineering-Related Fields Schools in New Jersey For Those Making $0-$30k” ranking looked at 2 colleges that offer degrees in a bachelor’s in engineering-related fields. Not only do the schools that top this list have excellent engineering-related fields programs, but they also cost less that schools of similar quality.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the engineering-related fields program at the school. See our ranking methodology to learn more.
One Size Does Not Fit All
The engineering-related fields school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Engineering-Related Fields Schools in New Jersey For Those Making $0-$30k”.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
The following schools top our list of the Best Best Value Engineering-Related Fields Schools in New Jersey For Those Making $0-$30k.
You’ll be in good company if you decide to attend New Jersey Institute of Technology. It ranked #1 on our 2023 Best Value Engineering-Related Fields Schools in New Jersey For Those Making $0-$30k list. New Jersey Institute of Technology is located in Newark, New Jersey and, has a fairly large student population. In 2020-2021, this school awarded 109 ’s engineering-related fields degrees to qualified students.
NJIT not only placed well in this ranking. It is also #2 on our “Best Engineering-Related Fields Schools in New Jersey” list. The yearly cost to attend New Jersey Institute of Technology is $12,784 for New Jersey Engineering-Related Fields students whose families make $0-$30k.
The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 4.0% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read full report on Engineering-Related Fields at New Jersey Institute of Technology
You’ll join some of the best and brightest minds around if you attend Stevens Institute of Technology. The school came in at #2 for the Best Value Engineering-Related Fields Schools in New Jersey For Those Making $0-$30k. Hoboken, New Jersey is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s engineering-related fields degrees to 138 students in 2020-2021.
Stevens did well in our major quality rankings, too. It placed #1 on our “Best Engineering-Related Fields Schools in New Jersey” list. It costs about $27,394 for new jersey engineering-related fields students whose families make $0-$30k per year to attend Stevens Institute of Technology.
The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 1.7%, which is quite low when compared to the national default rate of 10.1%.
Full Stevens Institute of Technology Engineering-Related Fields Report
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Notes and References
References
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
Read more about our data sources and methodologies
- *Average salary, average net price, and average tuition and fees are for the top schools only.
- Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.
