2022 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $75-$110k) in New Jersey
Students have lots of options to chooose from today when trying to decide which college to attend. College Factual has developed its “Best Value ME Schools for a Bachelor’s in New Jersey For Those Making $75-$110k” ranking as one item you can use to help make this decision.
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.
This year’s “Best Value ME Schools for a Bachelor’s in New Jersey For Those Making $75-$110k” 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.
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. For more information, check out our ranking methodology.
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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value ME Schools for a Bachelor’s in New Jersey For Those Making $75-$110k” list to help you make the college decision.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Best Value ME Schools for a Bachelor’s in New Jersey For Those Making $75-$110k
The colleges and universities below are the best for new jersey bachelor’s degree me students whose families make $75-$110k.
Top 6 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $75-$110k) 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 $75-$110k. Located in Princeton, New Jersey, this medium-sized private not-for-profit school awarded 52 degrees to qualified bachelors’s ME students in 2019-2020.
Princeton did well in our major quality rankings, too. It placed #1 on our “Best Mechanical Engineering Bachelor’s Degree Schools in New Jersey” list. The estimated yearly cost for Princeton University is $16,989 for New Jersey Bachelor’s Degree ME students whose families make $75-$110k.
The low student loan default rate of 0.9% 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%. Since the school has a student-to-faculty ratio of 4 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Read full report on Mechanical Engineering at Princeton University
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 $75-$110k. New Jersey Institute of Technology is a public institution located in Newark, New Jersey. The school has a fairly large population, and it awarded 195 bachelors’s degrees in 2019-2020.
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 NJIT is $25,132 for new jersey bachelor’s degree me students whose families make $75-$110k.
With a freshman retention rate of 89%, the school does an excellent job of retaining its students. 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%.
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 $75-$110k. Located in New Brunswick, New Jersey, this large public school awarded 203 degrees to qualified bachelors’s ME students in 2019-2020.
As a testament to the quality of education offered at Rutgers New Brunswick, the school also landed the #3 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in New Jersey” ranking. The yearly cost to attend Rutgers University - New Brunswick is $26,914 for New Jersey Bachelor’s Degree ME students whose families make $75-$110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Mechanical Engineering at Rutgers University - New Brunswick
You’ll be in good company if you decide to attend Stevens Institute of Technology. It ranked #4 on our 2022 Best Value ME Schools for a Bachelor’s in New Jersey For Those Making $75-$110k list. Stevens Institute of Technology is located in Hoboken, New Jersey and, has a medium-sized student population. In 2019-2020, this school awarded 141 bachelors’s ME degrees to qualified students.
Stevens also took the #2 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in New Jersey” ranking. The yearly cost to attend Stevens is $34,801 for New Jersey Bachelor’s Degree ME students whose families make $75-$110k.
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 0.7%, which is much lower than the national rate of 10.1%.
You’ll be in good company if you decide to attend The College of New Jersey. It ranked #5 on our 2022 Best Value ME Schools for a Bachelor’s in New Jersey For Those Making $75-$110k list. This medium-sized school is located in Ewing, New Jersey, and it awarded 33 bachelors’s ME degrees in 2019-2020.
As a testament to the quality of education offered at TCNJ, the school also landed the #5 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in New Jersey” ranking. It costs about $31,462 for New Jersey Bachelor’s Degree ME students whose families make $75-$110k per year to attend TCNJ.
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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.
Read more about Mechanical Engineering at The College of New Jersey
Rowan University came in at #6 in this year’s edition of the Best Value ME Schools for a Bachelor’s in New Jersey For Those Making $75-$110k ranking. Rowan University is a fairly large school located in Glassboro, New Jersey that handed out 101 bachelors’s ME degrees in 2019-2020.
Rowan did well in our major quality rankings, too. It placed #6 on our “Best Mechanical Engineering Bachelor’s Degree Schools in New Jersey” list. The estimated yearly cost for Rowan University is $29,673 for new jersey bachelor’s degree me students whose families make $75-$110k.
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Best Value Bachelor's Degree Colleges for Mechanical Engineering (Income $75-$110k) in New Jersey
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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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