2022 Best Value Bachelor’s Degree Colleges for Industrial 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. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Vallue IE Schools for a Bachelor’s in New Jersey For Those Making Over $110k” ranking.

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.

For this year’s “Best Vallue IE Schools for a Bachelor’s in New Jersey For Those Making Over $110k” ranking, we looked at 2 colleges that offer a degree in industrial engineering. Not only do the schools that top this list have excellent industrial 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 industrial 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.

More Ways to Rank Industrial Engineering Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Vallue IE Schools for a Bachelor’s in New Jersey For Those Making Over $110k” ranking, along with many other major-related rankings, to help you make that decision.

We’ve created a tool called College Combat that lets you create your own customized comparisons 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.

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Best Vallue IE 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 ie students whose families make more than $110k.

Top 2 Best Value Bachelor’s Degree Colleges for Industrial Engineering (Income Over $110k) in New Jersey

#1

New Jersey Institute of Technology

Newark, New Jersey

#2 in overall quality

$19,706 Average Net Price

$66,653 Average Early-Career Earnings

You’ll be in good company if you decide to attend New Jersey Institute of Technology. It ranked #1 on our 2022 Best Vallue IE 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 37 bachelors’s IE degrees in 2019-2020.

NJIT not only placed well in this ranking. It is also #2 on our “Best Industrial Engineering Bachelor’s Degree Schools in New Jersey” list. The estimated yearly cost for NJIT is $19,706 for new jersey bachelor’s degree ie students whose families make more than $110k.

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%. The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year.

Read more about Industrial Engineering at New Jersey Institute of Technology

#2

Rutgers University - New Brunswick

New Brunswick, New Jersey

#1 in overall quality

$21,654 Average Net Price

$72,483 Average Early-Career Earnings

Out of the 2 schools in the Best Vallue IE 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 large public school situated in New Brunswick, New Jersey. It awarded 70 bachelors’s IE degrees in 2019-2020.

As a testament to the quality of education offered at Rutgers New Brunswick, the school also landed the #1 spot in our “Best Industrial Engineering Bachelor’s Degree Schools in New Jersey” ranking. The yearly cost to attend Rutgers New Brunswick is $21,654 for new jersey bachelor’s degree ie students whose families make more than $110k.

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%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.

Read full report on Industrial Engineering at Rutgers University - New Brunswick

• Best Value Bachelor’s Degree Colleges for Industrial Engineering (Income Over $110k) in the Middle Atlantic Region
• Best Value Bachelor’s Degree Colleges for Industrial Engineering (Income Over $110k)

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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