2022 Best Value ME Schools for a Master’s in New Jersey For Those Making $30-$48k

It’s not easy to decide which college to attend when there so many options available for students. 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 Master’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 master’s degree level specifically, there were 174 mechanical engineering graduates with average earnings and debt of $60,690 and $39,821 respectively.

This year’s “Best Value ME Schools for a Master’s in New Jersey For Those Making $30-$48k” ranking analyzed 4 colleges that offered a degree in mechanical engineering. This ranking identifies schools with high-quality mechanical engineering programs that also have a lower cost than schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the mechanical engineering program at the school and the cost of the school after aid is awarded among other things. 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 for a Master’s in New Jersey For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value ME Schools for a Master’s in New Jersey For Those Making $30-$48k

The colleges and universities below are the best for new jersey master’s degree me students whose families make $30-$48k.

Top 4 Best Value Master’s Degree Colleges for Mechanical Engineering (Income $30-$48k) in New Jersey

#1

Princeton University

Princeton, New Jersey

#1 in overall quality

$56,470 Avg Grad Tuition & Fees

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 Master’s in New Jersey For Those Making $30-$48k. Princeton is located in Princeton, New Jersey and, has a medium-sized student population. In 2019-2020, this school awarded 12 masters’s ME degrees to qualified students.

Princeton also took the #1 spot in our “Best Mechanical Engineering Master’s Degree Schools in New Jersey” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Princeton University are $56,470.

Full Princeton Mechanical Engineering Report

#2

New Jersey Institute of Technology

Newark, New Jersey

#4 in overall quality

$33,744 Avg Grad Tuition & Fees

$77,401 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 #2 for the Best Value ME Schools for a Master’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 62 masters’s ME degrees to qualified students.

NJIT did well in our major quality rankings, too. It placed #4 on our “Best Mechanical Engineering Master’s Degree Schools in New Jersey” list. Average graduate tuition and fees at NJIT are $33,744, but you may pay more or less depending on your major.

Full New Jersey Institute of Technology Mechanical Engineering Report

#3

Rutgers University - New Brunswick

New Brunswick, New Jersey

#3 in overall quality

$32,132 Avg Grad Tuition & Fees

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 Master’s in New Jersey For Those Making $30-$48k. Located in New Brunswick, New Jersey, this large public school handed out 31 diplomas to qualified masters’s ME students in 2019-2020.

Rutgers New Brunswick also took the #3 spot in our “Best Mechanical Engineering Master’s Degree Schools in New Jersey” ranking. Average graduate tuition and fees at Rutgers University - New Brunswick are $32,132, but some majors have different tuition rates.

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

#4

Stevens Institute of Technology

Hoboken, New Jersey

#2 in overall quality

$38,876 Avg Grad Tuition & Fees

$77,872 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Stevens Institute of Technology. The school came in at #4 for the Best Value ME Schools for a Master’s in New Jersey For Those Making $30-$48k. This medium-sized school is located in Hoboken, New Jersey, and it awarded 69 masters’s ME degrees in 2019-2020.

In addition to being on our new jersey master’s degree me students whose families make $30-$48k list, Stevens has also earned the #2 rank in our “Best Mechanical Engineering Master’s Degree Schools in New Jersey” ranking. Average graduate tuition and fees at Stevens Institute of Technology are $38,876, but you may pay more or less depending on your major.

Full Stevens Mechanical Engineering Report

• Best Value Master’s Degree Colleges for Mechanical Engineering (Income $30-$48k) in the Middle Atlantic Region
• Best Value Master’s Degree Colleges for Mechanical Engineering (Income $30-$48k)

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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