2022 Best Value Bachelor’s Degree Colleges for Chemical Engineering (Income Over $110k) in New Jersey
With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Vallue Chem Eng Schools for a Bachelor’s in New Jersey For Those Making Over $110k” ranking - to help you make that decision.
Chemical Engineering is the 66th most popular major in the country with 13,610 degrees awarded in 2019-2020. In 2017-2018, chemical engineering graduates who were awarded their degree in 2015-2017, earned an average of $62,963 and had an average of $22,564 in loans still to pay off.
Across New Jersey, there were 387 chemical engineering graduates with average earnings and debt of $56,250 and $25,964 respectively. At the bachelor’s degree level specifically, there were 266 chemical engineering graduates with average earnings and debt of $39,288 and $24,807 respectively.
This year’s “Best Vallue Chem Eng Schools for a Bachelor’s in New Jersey For Those Making Over $110k” ranking looked at 5 colleges that offer degrees in a bachelor’s in chemical engineering. This ranking identifies schools with high-quality chemical engineering programs that also have a lower cost than schools of similar quality.
Some of the factors we look at when determining these rankings are overall quality of the chemical engineering program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.
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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Vallue Chem Eng Schools for a Bachelor’s in New Jersey For Those Making Over $110k” list to help you make the college decision.
In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Vallue Chem Eng Schools for a Bachelor’s in New Jersey For Those Making Over $110k
The colleges and universities below are the best for new jersey bachelor’s degree chem eng students whose families make more than $110k.
Top 5 Best Value Bachelor’s Degree Colleges for Chemical Engineering (Income Over $110k) in New Jersey
Out of the 5 schools in the Best Vallue Chem Eng Schools for a Bachelor’s in New Jersey For Those Making Over $110k that were part of this year’s ranking, New Jersey Institute of Technology landed the #1 spot on the list. Located in Newark, New Jersey, this fairly large public school awarded 71 degrees to qualified bachelors’s chem eng students in 2019-2020.
NJIT did well in our major quality rankings, too. It placed #4 on our “Best Chemical Engineering Bachelor’s Degree Schools in New Jersey” list. It costs about $19,706 for new jersey bachelor’s degree chem eng students whose families make more than $110k per year to attend NJIT.
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 school has an impressive student loan default rate. It’s only 4.9%, which is much lower than the national rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Princeton University. The school came in at #2 for the Best Vallue Chem Eng Schools for a Bachelor’s in New Jersey For Those Making Over $110k. Princeton University is a medium-sized school located in Princeton, New Jersey that handed out 26 bachelors’s chem eng degrees in 2019-2020.
Princeton also made our “Best Chemical Engineering Bachelor’s Degree Schools in New Jersey” list, coming in at #1. The yearly cost to attend Princeton University is $11,317 for New Jersey Bachelor’s Degree Chem Eng students whose families make more than $110k.
The school has an impressive student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%. The student-to-faculty ratio of 4 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
You’ll join some of the best and brightest minds around if you attend Rutgers University - New Brunswick. The school came in at #3 for the Best Vallue Chem Eng Schools for a Bachelor’s in New Jersey For Those Making Over $110k. Rutgers University - New Brunswick is located in New Brunswick, New Jersey and, has a large student population. In 2019-2020, this school awarded 77 bachelors’s chem eng degrees to qualified students.
Rutgers New Brunswick did well in our major quality rankings, too. It placed #3 on our “Best Chemical Engineering Bachelor’s Degree Schools in New Jersey” list. The yearly cost to attend Rutgers New Brunswick is $21,654 for new jersey bachelor’s degree chem eng students whose families make more than $110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The low student loan default rate of 3.6% 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 Chemical Engineering at Rutgers New Brunswick
You’ll be in good company if you decide to attend Rowan University. It ranked #4 on our 2022 Best Vallue Chem Eng Schools for a Bachelor’s in New Jersey For Those Making Over $110k list. Located in Glassboro, New Jersey, this fairly large public school awarded 37 degrees to qualified bachelors’s chem eng students in 2019-2020.
Rowan not only placed well in this ranking. It is also #5 on our “Best Chemical Engineering Bachelor’s Degree Schools in New Jersey” list. The yearly cost to attend Rowan is $25,454 for New Jersey Bachelor’s Degree Chem Eng students whose families make more than $110k.
You’ll be in good company if you decide to attend Stevens Institute of Technology. It ranked #5 on our 2022 Best Vallue Chem Eng Schools for a Bachelor’s in New Jersey For Those Making Over $110k list. Located in Hoboken, New Jersey, this medium-sized private not-for-profit school awarded 55 degrees to qualified bachelors’s chem eng students in 2019-2020.
In addition to being on our new jersey bachelor’s degree chem eng students whose families make more than $110k list, Stevens has also earned the #2 rank in our “Best Chemical Engineering Bachelor’s Degree Schools in New Jersey” ranking. The estimated yearly cost for Stevens is $37,588 for new jersey bachelor’s degree chem eng students whose families make more than $110k.
The school has an impressive student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.
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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
Footnotes
- *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.
Credits
- Credit for the banner image above goes to Mikulova.
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