2023 Best Value Colleges for Industrial Engineering in New Jersey (With Aid)
2
Ranked Colleges
174
Degrees Awarded
$20,800
Avg Net Price*
It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value IE Schools in New Jersey For Those Getting Aid” ranking as one item you can use to help make this decision.
In 2020-2021, 9,072 people earned their degree in industrial engineering, making the major the 87th most popular in the United States. In 2019-2020, industrial engineering graduates who were awarded their degree in 2017-2019, earned an average of $68,960 and had an average of $24,268 in loans still to pay off.
Across New Jersey, there were 174 industrial engineering graduates with average earnings and debt of $68,738 and $26,276 respectively.
For this year’s “Best Value IE Schools in New Jersey For Those Getting Aid” ranking, we looked at 2 colleges that offer 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.
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. For more information, check out our ranking methodology.
One Size Does Not Fit All
Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value IE Schools in New Jersey For Those Getting Aid” list, to help you choose the best school for you.
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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value IE Schools in New Jersey For Those Getting Aid
The colleges and universities below are the best for new jersey ie students with aid.
Top 2 Best Value Colleges for Industrial Engineering in New Jersey (With Aid)
You’ll join some of the best and brightest minds around if you attend Rutgers University - New Brunswick. The school came in at #1 for the Best Value IE Schools in New Jersey For Those Getting Aid. Rutgers New Brunswick is a large public school situated in New Brunswick, New Jersey. It awarded 117 ’s IE degrees in 2020-2021.
Rutgers New Brunswick did well in our major quality rankings, too. It placed #1 on our “Best Industrial Engineering Schools in New Jersey” list. The yearly cost to attend Rutgers University - New Brunswick is $23,035 for new jersey ie students with aid.
The undergrad student loan default rate at the school is 2.6%, 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 93%.
Read full report on Industrial Engineering at Rutgers University - New Brunswick
Out of the 2 schools in the Best Value IE Schools in New Jersey For Those Getting Aid that were part of this year’s ranking, New Jersey Institute of Technology landed the #2 spot on the list. Located in Newark, New Jersey, this fairly large public school handed out 57 diplomas to qualified ’s IE students in 2020-2021.
NJIT also took the #2 spot in our “Best Industrial Engineering Schools in New Jersey” ranking. It costs about $18,582 for new jersey ie students with aid per year to attend NJIT.
The low undergrad student loan default rate of 4.0% 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 89%, the school does an excellent job of retaining its undergraduate students.
Full NJIT Industrial Engineering Report
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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
- *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.