2022 Best Value Bachelor’s Degree Colleges for Electrical Engineering (Income $30-$48k) in New Jersey
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 EE Schools for a Bachelor’s in New Jersey For Those Making $30-$48k” ranking - to help you make that decision.
In 2019-2020, 30,670 people earned their degree in electrical engineering, making the major the 31st most popular in the United States. In 2017-2018, electrical engineering graduates who were awarded their degree in 2015-2017, earned an average of $70,098 and had an average of $23,581 in loans still to pay off.
Across New Jersey, there were 839 electrical engineering graduates with average earnings and debt of $73,220 and $25,972 respectively. At the bachelor’s degree level specifically, there were 508 electrical engineering graduates with average earnings and debt of $39,288 and $24,807 respectively.
For this year’s “Best Value EE Schools for a Bachelor’s in New Jersey For Those Making $30-$48k” ranking, we looked at 7 colleges that offer a degree in electrical engineering. The schools that top this list are recognized because they have great electrical engineering programs and 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 electrical engineering program at the school. 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 Value EE Schools for a Bachelor’s in New Jersey For Those Making $30-$48k” 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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Best Value EE Schools for a Bachelor’s in New Jersey For Those Making $30-$48k
The colleges and universities below are the best for new jersey bachelor’s degree ee students whose families make $30-$48k.
Top 7 Best Value Bachelor’s Degree Colleges for Electrical Engineering (Income $30-$48k) in New Jersey
You’ll be in good company if you decide to attend Princeton University. It ranked #1 on our 2022 Best Value EE Schools for a Bachelor’s in New Jersey For Those Making $30-$48k list. This medium-sized school is located in Princeton, New Jersey, and it awarded 21 bachelors’s EE degrees in 2019-2020.
Princeton not only placed well in this ranking. It is also #1 on our “Best Electrical Engineering Bachelor’s Degree Schools in New Jersey” list. The estimated yearly cost for Princeton University is $2,044 for New Jersey Bachelor’s Degree EE students whose families make $30-$48k.
Since the school has a student-to-faculty ratio of 4 to 1, those pursuing a degree will have more opportunities to interact with their professors. The low student loan default rate of 0.9% 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 more about Electrical Engineering at Princeton University
Out of the 7 schools in the Best Value EE Schools for a Bachelor’s in New Jersey For Those Making $30-$48k that were part of this year’s ranking, Rutgers University - New Brunswick landed the #2 spot on the list. Located in New Brunswick, New Jersey, this large public school handed out 265 diplomas to qualified bachelors’s EE students in 2019-2020.
Rutgers New Brunswick not only placed well in this ranking. It is also #2 on our “Best Electrical Engineering Bachelor’s Degree Schools in New Jersey” list. The estimated yearly cost for Rutgers New Brunswick is $15,779 for New Jersey Bachelor’s Degree EE students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.
Read full report on Electrical Engineering at Rutgers New Brunswick
Out of the 7 schools in the Best Value EE Schools for a Bachelor’s in New Jersey For Those Making $30-$48k that were part of this year’s ranking, New Jersey Institute of Technology landed the #3 spot on the list. NJIT is a fairly large school located in Newark, New Jersey that handed out 86 bachelors’s EE degrees in 2019-2020.
NJIT not only placed well in this ranking. It is also #4 on our “Best Electrical Engineering Bachelor’s Degree Schools in New Jersey” list. The yearly cost to attend NJIT is $15,169 for New Jersey Bachelor’s Degree EE students whose families make $30-$48k.
The low student loan default rate of 4.9% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 89%.
Read full report on Electrical Engineering at New Jersey Institute of Technology
You’ll be in good company if you decide to attend Fairleigh Dickinson University - Metropolitan Campus. It ranked #4 on our 2022 Best Value EE Schools for a Bachelor’s in New Jersey For Those Making $30-$48k list. FDU is a private not-for-profit institution located in Teaneck, New Jersey. The school has a medium-sized population, and it awarded 18 bachelors’s degrees in 2019-2020.
FDU also took the #7 spot in our “Best Electrical Engineering Bachelor’s Degree Schools in New Jersey” ranking. It costs about $13,409 for New Jersey Bachelor’s Degree EE students whose families make $30-$48k per year to attend FDU.
You’ll join some of the best and brightest minds around if you attend The College of New Jersey. The school came in at #5 for the Best Value EE Schools for a Bachelor’s in New Jersey For Those Making $30-$48k. TCNJ is a medium-sized public school situated in Ewing, New Jersey. It awarded 19 bachelors’s EE degrees in 2019-2020.
TCNJ also made our “Best Electrical Engineering Bachelor’s Degree Schools in New Jersey” list, coming in at #5. The estimated yearly cost for TCNJ is $16,284 for New Jersey Bachelor’s Degree EE students whose families make $30-$48k.
The low student loan default rate of 1.6% 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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.
Rowan University ranked #6 on this year’s Best Value EE Schools for a Bachelor’s in New Jersey For Those Making $30-$48k list. Rowan is a fairly large school located in Glassboro, New Jersey that handed out 66 bachelors’s EE degrees in 2019-2020.
In addition to being on our new jersey bachelor’s degree ee students whose families make $30-$48k list, Rowan has also earned the #6 rank in our “Best Electrical Engineering Bachelor’s Degree Schools in New Jersey” ranking. It costs about $19,971 for new jersey bachelor’s degree ee students whose families make $30-$48k per year to attend Rowan University.
Stevens Institute of Technology came in at #7 in this year’s edition of the Best Value EE Schools for a Bachelor’s in New Jersey For Those Making $30-$48k ranking. Stevens Institute of Technology is a private not-for-profit institution located in Hoboken, New Jersey. The school has a medium-sized population, and it awarded 33 bachelors’s degrees in 2019-2020.
Stevens also made our “Best Electrical Engineering Bachelor’s Degree Schools in New Jersey” list, coming in at #3. The estimated yearly cost for Stevens is $27,894 for New Jersey Bachelor’s Degree EE students whose families make $30-$48k.
The student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.
Read more about Electrical Engineering at Stevens Institute of Technology
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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 NASA.
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