2022 Best Value ME Schools for a Bachelor’s in New Jersey For Those Making $30-$48k
Students have lots of options to chooose from today when trying to decide which college to attend. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value ME Schools for a Bachelor’s in New Jersey For Those Making $30-$48k” ranking.
Mechanical Engineering is the 20th most popular major in the country with 47,598 degrees awarded in 2019-2020. In 2017-2018, mechanical engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,495 and had an average of $23,104 in loans still to pay off.
Across New Jersey, there were 963 mechanical engineering graduates with average earnings and debt of $61,383 and $23,574 respectively. At the bachelor’s degree level specifically, there were 725 mechanical engineering graduates with average earnings and debt of $39,288 and $24,807 respectively.
For this year’s “Best Value ME Schools for a Bachelor’s in New Jersey For Those Making $30-$48k” ranking, we looked at 6 colleges that offer a degree 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.
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 mechanical engineering program at the school. See our ranking methodology to learn more.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value ME Schools for a Bachelor’s in New Jersey For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value ME Schools for a Bachelor’s in New Jersey For Those Making $30-$48k
The colleges and universities below are the best for new jersey bachelor’s degree me students whose families make $30-$48k.
Top 6 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $30-$48k) in New Jersey
You’ll join some of the best and brightest minds around if you attend Princeton University. The school came in at #1 for the Best Value ME Schools for a Bachelor’s in New Jersey For Those Making $30-$48k. Located in Princeton, New Jersey, this medium-sized private not-for-profit school awarded 52 diplomas to qualified bachelors’s ME students in 2019-2020.
In addition to being on our new jersey bachelor’s degree me students whose families make $30-$48k list, Princeton has also earned the #1 rank in our “Best Mechanical Engineering Bachelor’s Degree Schools in New Jersey” ranking. It costs about $2,044 for new jersey bachelor’s degree me students whose families make $30-$48k per year to attend Princeton University.
The student-to-faculty ratio of 4 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%.
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 for a Bachelor’s in New Jersey For Those Making $30-$48k. NJIT is located in Newark, New Jersey and, has a fairly large student population. In 2019-2020, this school awarded 195 bachelors’s ME degrees to qualified students.
As a testament to the quality of education offered at NJIT, the school also landed the #4 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in New Jersey” ranking. The estimated yearly cost for New Jersey Institute of Technology is $15,169 for new jersey bachelor’s degree me students whose families make $30-$48k.
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%. With a freshman retention rate of 89%, the school does an excellent job of retaining its students.
Read more about Mechanical Engineering at New Jersey Institute of Technology
You’ll join some of the best and brightest minds around if you attend Rutgers University - New Brunswick. The school came in at #3 for the Best Value ME Schools for a Bachelor’s in New Jersey For Those Making $30-$48k. This large school is located in New Brunswick, New Jersey, and it awarded 203 bachelors’s ME degrees in 2019-2020.
In addition to being on our new jersey bachelor’s degree me students whose families make $30-$48k list, Rutgers New Brunswick has also earned the #3 rank in our “Best Mechanical Engineering Bachelor’s Degree Schools in New Jersey” ranking. It costs about $15,779 for New Jersey Bachelor’s Degree ME students whose families make $30-$48k per year to attend Rutgers New Brunswick.
With a freshman retention rate of 93%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.
Full Rutgers University - New Brunswick Mechanical Engineering Report
You’ll be in good company if you decide to attend The College of New Jersey. It ranked #4 on our 2022 Best Value ME Schools for a Bachelor’s in New Jersey For Those Making $30-$48k list. TCNJ is a medium-sized school located in Ewing, New Jersey that handed out 33 bachelors’s ME degrees in 2019-2020.
TCNJ not only placed well in this ranking. It is also #5 on our “Best Mechanical Engineering Bachelor’s Degree Schools in New Jersey” list. The yearly cost to attend TCNJ is $16,284 for new jersey bachelor’s degree me students whose families make $30-$48k.
The student loan default rate at the school is 1.6%, 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 94%.
Full The College of New Jersey Mechanical Engineering Report
You’ll be in good company if you decide to attend Rowan University. It ranked #5 on our 2022 Best Value ME Schools for a Bachelor’s in New Jersey For Those Making $30-$48k list. Rowan is located in Glassboro, New Jersey and, has a fairly large student population. In 2019-2020, this school awarded 101 bachelors’s ME degrees to qualified students.
As a testament to the quality of education offered at Rowan, the school also landed the #6 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in New Jersey” ranking. It costs about $19,971 for New Jersey Bachelor’s Degree ME students whose families make $30-$48k per year to attend Rowan.
Stevens Institute of Technology ranked #6 on this year’s Best Value ME Schools for a Bachelor’s in New Jersey For Those Making $30-$48k list. Located in Hoboken, New Jersey, this medium-sized private not-for-profit school awarded 141 degrees to qualified bachelors’s ME students in 2019-2020.
Stevens also made our “Best Mechanical Engineering Bachelor’s Degree Schools in New Jersey” list, coming in at #2. The estimated yearly cost for Stevens Institute of Technology is $27,894 for new jersey bachelor’s degree me students whose families make $30-$48k.
The low 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%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.
Read full report on Mechanical Engineering at Stevens Institute of Technology
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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 Michel Villeneuve.
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