2023 Best Value ME Schools in New Jersey For Those Making $0-$30k
6
Ranked Colleges
945
Degrees Awarded
$15,300
Avg Net Price*
It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value ME Schools in New Jersey For Those Making $0-$30k” ranking is part of that endeavor.
Mechanical Engineering is the 21st most popular major in the country with 46,178 degrees awarded in 2020-2021. In 2019-2020, mechanical engineering graduates who were awarded their degree in 2017-2019, earned an average of $69,007 and had an average of $23,944 in loans still to pay off.
Across New Jersey, there were 945 mechanical engineering graduates with average earnings and debt of $66,974 and $24,829 respectively.
This year’s “Best Value ME Schools in New Jersey For Those Making $0-$30k” ranking looked at 6 colleges that offer degrees in a bachelor’s in mechanical engineering. The schools that top this list are recognized because they have great mechanical engineering programs and cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the mechanical 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.
One Size Does Not Fit All
Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value ME Schools in New Jersey For Those Making $0-$30k” 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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value ME Schools in New Jersey For Those Making $0-$30k
The colleges and universities below are the best for new jersey me students whose families make $0-$30k.
Top 6 Best Value Colleges for Mechanical Engineering (Income $0-$30k) in New Jersey
Out of the 6 schools in the Best Value ME Schools in New Jersey For Those Making $0-$30k that were part of this year’s ranking, Princeton University landed the #1 spot on the list. Located in Princeton, New Jersey, this medium-sized private not-for-profit school awarded 69 degrees to qualified ’s ME students in 2020-2021.
Princeton also took the #1 spot in our “Best Mechanical Engineering Schools in New Jersey” ranking. It costs about $2,958 for New Jersey ME students whose families make $0-$30k per year to attend Princeton.
The impressive undergraduate student-to-faculty ratio of 4 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The low undergrad student loan default rate of 0.7% 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%.
Full Princeton Mechanical Engineering Report
You’ll join some of the best and brightest minds around if you attend New Jersey Institute of Technology. The school came in at #2 for the Best Value ME Schools in New Jersey For Those Making $0-$30k. New Jersey Institute of Technology is located in Newark, New Jersey and, has a fairly large student population. In 2020-2021, this school awarded 281 ’s ME degrees to qualified students.
NJIT also took the #3 spot in our “Best Mechanical Engineering Schools in New Jersey” ranking. The estimated yearly cost for New Jersey Institute of Technology is $12,784 for new jersey me students whose families make $0-$30k.
The school has an impressive undergrad student loan default rate. It’s only 4.0%, which is much lower than the national rate of 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 Mechanical Engineering at New Jersey Institute of Technology
Out of the 6 schools in the Best Value ME Schools in New Jersey For Those Making $0-$30k that were part of this year’s ranking, Rutgers University - New Brunswick landed the #3 spot on the list. Rutgers University - New Brunswick is a large public school situated in New Brunswick, New Jersey. It awarded 205 ’s ME degrees in 2020-2021.
In addition to being on our new jersey me students whose families make $0-$30k list, Rutgers New Brunswick has also earned the #4 rank in our “Best Mechanical Engineering Schools in New Jersey” ranking. The yearly cost to attend Rutgers University - New Brunswick is $14,935 for new jersey me students whose families make $0-$30k.
The low undergrad student loan default rate of 2.6% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.
Read full report on Mechanical Engineering at Rutgers University - New Brunswick
You’ll join some of the best and brightest minds around if you attend The College of New Jersey. The school came in at #4 for the Best Value ME Schools in New Jersey For Those Making $0-$30k. Located in Ewing, New Jersey, this medium-sized public school handed out 41 degrees to qualified ’s ME students in 2020-2021.
TCNJ not only placed well in this ranking. It is also #5 on our “Best Mechanical Engineering Schools in New Jersey” list. It costs about $14,273 for new jersey me students whose families make $0-$30k per year to attend TCNJ.
Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The undergrad student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Mechanical Engineering at The College of New Jersey
You’ll join some of the best and brightest minds around if you attend Stevens Institute of Technology. The school came in at #5 for the Best Value ME Schools in New Jersey For Those Making $0-$30k. Hoboken, New Jersey is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s ME degrees to 257 students in 2020-2021.
Stevens did well in our major quality rankings, too. It placed #2 on our “Best Mechanical Engineering Schools in New Jersey” list. The estimated yearly cost for Stevens is $27,394 for New Jersey ME students whose families make $0-$30k.
The undergrad student loan default rate at the school is 1.7%, 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.
Read more about Mechanical Engineering at Stevens
