2022 Best Value IE Schools for a Bachelor’s in New Jersey For Those Making $0-$30k

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value IE Schools for a Bachelor’s in New Jersey For Those Making $0-$30k” ranking as one item you can use to help make this decision.

In 2019-2020, 9,448 people earned their degree in industrial engineering, making the major the 86th most popular in the United States. In 2017-2018, industrial engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,716 and had an average of $22,994 in loans still to pay off.

Across New Jersey, there were 179 industrial engineering graduates with average earnings and debt of $61,600 and $21,625 respectively. At the bachelor’s degree level specifically, there were 107 industrial engineering graduates with average earnings and debt of $39,288 and $24,807 respectively.

This year’s “Best Value IE Schools for a Bachelor’s in New Jersey For Those Making $0-$30k” ranking analyzed 2 colleges that offered a degree in industrial engineering. The schools that top this list are recognized because they have great industrial 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 industrial engineering program at the school. For more information, check out our ranking methodology.

More Ways to Rank Industrial Engineering Schools

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 IE Schools for a Bachelor’s in New Jersey For Those Making $0-$30k” list to help you make the college decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. 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 IE Schools for a Bachelor’s in New Jersey For Those Making $0-$30k

The colleges and universities below are the best for new jersey bachelor’s degree ie students whose families make $0-$30k.

Top 2 Best Value Bachelor’s Degree Colleges for Industrial Engineering (Income $0-$30k) in New Jersey

#1

New Jersey Institute of Technology

Newark, New Jersey

#2 in overall quality

$12,853 Average Net Price

$66,653 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend New Jersey Institute of Technology. The school came in at #1 for the Best Value IE Schools for a Bachelor’s in New Jersey For Those Making $0-$30k. This fairly large school is located in Newark, New Jersey, and it awarded 37 bachelors’s IE degrees in 2019-2020.

NJIT also took the #2 spot in our “Best Industrial Engineering Bachelor’s Degree Schools in New Jersey” ranking. The estimated yearly cost for NJIT is $12,853 for New Jersey Bachelor’s Degree IE students whose families make $0-$30k.

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 Industrial Engineering at NJIT

#2

Rutgers University - New Brunswick

New Brunswick, New Jersey

#1 in overall quality

$13,545 Average Net Price

$72,483 Average Early-Career Earnings

You’ll be in good company if you decide to attend Rutgers University - New Brunswick. It ranked #2 on our 2022 Best Value IE Schools for a Bachelor’s in New Jersey For Those Making $0-$30k list. Rutgers New Brunswick is a large school located in New Brunswick, New Jersey that handed out 70 bachelors’s IE degrees in 2019-2020.

In addition to being on our new jersey bachelor’s degree ie students whose families make $0-$30k list, Rutgers New Brunswick has also earned the #1 rank in our “Best Industrial Engineering Bachelor’s Degree Schools in New Jersey” ranking. The estimated yearly cost for Rutgers New Brunswick is $13,545 for new jersey bachelor’s degree ie students whose families make $0-$30k.

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 more about Industrial Engineering at Rutgers New Brunswick

• Best Value Bachelor’s Degree Colleges for Industrial Engineering (Income $0-$30k) in the Middle Atlantic Region
• Best Value Bachelor’s Degree Colleges for Industrial Engineering (Income $0-$30k)

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.

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