2022 Best Value Bachelor’s Degree Colleges for Electrical Engineering (Income Over $110k) in New Jersey
When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Vallue EE Schools for a Bachelor’s in New Jersey For Those Making Over $110k” ranking - to help you make that decision.
Electrical Engineering is the 31st most popular major in the country with 30,670 degrees awarded in 2019-2020. 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.
This year’s “Best Vallue EE Schools for a Bachelor’s in New Jersey For Those Making Over $110k” ranking analyzed 7 colleges that offered a degree in electrical engineering. Not only do the schools that top this list have excellent electrical engineering programs, but they also cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the electrical engineering program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.
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The ee 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 Vallue EE Schools for a Bachelor’s in New Jersey For Those Making Over $110k”.
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Best Vallue EE 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 ee students whose families make more than $110k.
Top 7 Best Value Bachelor’s Degree Colleges for Electrical Engineering (Income Over $110k) in New Jersey
You’ll be in good company if you decide to attend New Jersey Institute of Technology. It ranked #1 on our 2022 Best Vallue EE Schools for a Bachelor’s in New Jersey For Those Making Over $110k list. NJIT is a fairly large school located in Newark, New Jersey that handed out 86 bachelors’s EE degrees in 2019-2020.
In addition to being on our new jersey bachelor’s degree ee students whose families make more than $110k list, NJIT has also earned the #4 rank in our “Best Electrical Engineering Bachelor’s Degree Schools in New Jersey” ranking. It costs about $19,706 for New Jersey Bachelor’s Degree EE students whose families make more than $110k per year to attend NJIT.
The student loan default rate at the school is 4.9%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 89%.
Read more about Electrical Engineering at New Jersey Institute of Technology
Out of the 7 schools in the Best Vallue EE Schools for a Bachelor’s in New Jersey For Those Making Over $110k that were part of this year’s ranking, Rutgers University - New Brunswick landed the #2 spot on the list. Rutgers University - New Brunswick is a public institution located in New Brunswick, New Jersey. The school has a large population, and it awarded 265 bachelors’s degrees in 2019-2020.
Rutgers New Brunswick did well in our major quality rankings, too. It placed #2 on our “Best Electrical Engineering Bachelor’s Degree Schools in New Jersey” list. It costs about $21,654 for New Jersey Bachelor’s Degree EE students whose families make more than $110k per year to attend Rutgers New Brunswick.
The student loan default rate at the school is 3.6%, which is quite low when compared to the national default 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.
You’ll join some of the best and brightest minds around if you attend Princeton University. The school came in at #3 for the Best Vallue EE Schools for a Bachelor’s in New Jersey For Those Making Over $110k. Princeton is a private not-for-profit institution located in Princeton, New Jersey. The school has a medium-sized population, and it awarded 21 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Princeton, the school also landed the #1 spot in our “Best Electrical Engineering Bachelor’s Degree Schools in New Jersey” ranking. The yearly cost to attend Princeton is $11,317 for new jersey bachelor’s degree ee 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%. With a student-to-faculty ratio of 4 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Out of the 7 schools in the Best Vallue EE Schools for a Bachelor’s in New Jersey For Those Making Over $110k that were part of this year’s ranking, Fairleigh Dickinson University - Metropolitan Campus landed the #4 spot on the list. Fairleigh Dickinson University - Metropolitan Campus is located in Teaneck, New Jersey and, has a medium-sized student population. In 2019-2020, this school awarded 18 bachelors’s EE degrees to qualified students.
In addition to being on our new jersey bachelor’s degree ee students whose families make more than $110k list, FDU has also earned the #7 rank in our “Best Electrical Engineering Bachelor’s Degree Schools in New Jersey” ranking. The yearly cost to attend Fairleigh Dickinson University - Metropolitan Campus is $15,147 for new jersey bachelor’s degree ee students whose families make more than $110k.
Full Fairleigh Dickinson University - Metropolitan Campus Electrical Engineering Report
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 Vallue EE Schools for a Bachelor’s in New Jersey For Those Making Over $110k. This medium-sized school is located in Ewing, New Jersey, and it awarded 19 bachelors’s EE degrees in 2019-2020.
TCNJ also took the #5 spot in our “Best Electrical Engineering Bachelor’s Degree Schools in New Jersey” ranking. It costs about $27,541 for New Jersey Bachelor’s Degree EE students whose families make more than $110k per year to attend The College of New Jersey.
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 did quite well in the 2022 Best Vallue EE Schools for a Bachelor’s in New Jersey For Those Making Over $110k ranking, coming in at #6. Glassboro, New Jersey is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s EE degrees to 66 students in 2019-2020.
Rowan did well in our major quality rankings, too. It placed #6 on our “Best Electrical Engineering Bachelor’s Degree Schools in New Jersey” list. It costs about $25,454 for New Jersey Bachelor’s Degree EE students whose families make more than $110k per year to attend Rowan University.
Read full report on Electrical Engineering at Rowan University
Stevens Institute of Technology came in at #7 in this year’s edition of the Best Vallue EE Schools for a Bachelor’s in New Jersey For Those Making Over $110k ranking. Stevens 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 $37,588 for new jersey bachelor’s degree ee students whose families make more than $110k.
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.
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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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