2022 Best Value Engineering Schools for a Bachelor’s in New Jersey For Those Making $0-$30k
When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 Engineering Schools for a Bachelor’s in New Jersey For Those Making $0-$30k” ranking is part of that endeavor.
With 200,458 degrees handed out in 2019-2020, engineering is the 6th most popular major in the United States. In 2017-2018, engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,888 and had an average of $23,564 in loans still to pay off.
Across New Jersey, there were 4,832 engineering graduates with average earnings and debt of $64,066 and $24,187 respectively. At the bachelor’s degree level specifically, there were 2,764 engineering graduates with average earnings and debt of $39,288 and $24,807 respectively.
For this year’s “Best Value Engineering Schools for a Bachelor’s in New Jersey For Those Making $0-$30k” ranking, we looked at 8 colleges that offer a degree in engineering. Not only do the schools that top this list have excellent engineering programs, but they also cost less that schools of similar quality.
Some of the factors we look at when determining these rankings are overall quality of the engineering program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.
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The engineering school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Engineering Schools for a Bachelor’s in New Jersey For Those Making $0-$30k”.
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. 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 Engineering Schools for a Bachelor’s in New Jersey For Those Making $0-$30k
The colleges and universities below are the best for new jersey bachelor’s degree engineering students whose families make $0-$30k.
Top 8 Best Value Bachelor’s Degree Colleges for Engineering (Income $0-$30k) 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 Engineering Schools for a Bachelor’s in New Jersey For Those Making $0-$30k. This medium-sized school is located in Princeton, New Jersey, and it awarded 185 bachelors’s engineering degrees in 2019-2020.
In addition to being on our new jersey bachelor’s degree engineering students whose families make $0-$30k list, Princeton has also earned the #1 rank in our “Best Engineering Bachelor’s Degree Schools in New Jersey” ranking. The yearly cost to attend Princeton is $1,386 for New Jersey Bachelor’s Degree Engineering students whose families make $0-$30k.
The impressive 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 school has an impressive student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Fairleigh Dickinson University - Metropolitan Campus. The school came in at #2 for the Best Value Engineering Schools for a Bachelor’s in New Jersey For Those Making $0-$30k. Located in Teaneck, New Jersey, this medium-sized private not-for-profit school handed out 19 diplomas to qualified bachelors’s engineering students in 2019-2020.
FDU also made our “Best Engineering Bachelor’s Degree Schools in New Jersey” list, coming in at #7. The yearly cost to attend FDU is $10,189 for new jersey bachelor’s degree engineering students whose families make $0-$30k.
Full Fairleigh Dickinson University - Metropolitan Campus Engineering Report
You’ll be in good company if you decide to attend New Jersey Institute of Technology. It ranked #3 on our 2022 Best Value Engineering Schools for a Bachelor’s in New Jersey For Those Making $0-$30k list. New Jersey Institute of Technology is a fairly large school located in Newark, New Jersey that handed out 706 bachelors’s engineering degrees in 2019-2020.
In addition to being on our new jersey bachelor’s degree engineering students whose families make $0-$30k list, NJIT has also earned the #4 rank in our “Best Engineering Bachelor’s Degree Schools in New Jersey” ranking. The estimated yearly cost for New Jersey Institute of Technology is $12,853 for New Jersey Bachelor’s Degree Engineering students whose families make $0-$30k.
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 be in good company if you decide to attend Rutgers University - New Brunswick. It ranked #4 on our 2022 Best Value Engineering Schools for a Bachelor’s in New Jersey For Those Making $0-$30k list. Rutgers University - New Brunswick is a large school located in New Brunswick, New Jersey that handed out 988 bachelors’s engineering degrees in 2019-2020.
Rutgers New Brunswick did well in our major quality rankings, too. It placed #3 on our “Best Engineering Bachelor’s Degree Schools in New Jersey” list. It costs about $13,545 for New Jersey Bachelor’s Degree Engineering students whose families make $0-$30k per year to attend Rutgers New Brunswick.
The low student loan default rate of 3.6% 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%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.
Out of the 8 schools in the Best Value Engineering Schools for a Bachelor’s in New Jersey For Those Making $0-$30k that were part of this year’s ranking, The College of New Jersey landed the #5 spot on the list. TCNJ is a public institution located in Ewing, New Jersey. The school has a medium-sized population, and it awarded 120 bachelors’s degrees in 2019-2020.
TCNJ also made our “Best Engineering Bachelor’s Degree Schools in New Jersey” list, coming in at #5. The estimated yearly cost for TCNJ is $11,445 for New Jersey Bachelor’s Degree Engineering students whose families make $0-$30k.
The low student loan default rate of 1.6% 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 94%.
Read full report on Engineering at The College of New Jersey
Rowan University came in at #6 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s in New Jersey For Those Making $0-$30k ranking. Rowan is located in Glassboro, New Jersey and, has a fairly large student population. In 2019-2020, this school awarded 325 bachelors’s engineering 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 Engineering Bachelor’s Degree Schools in New Jersey” ranking. It costs about $18,401 for New Jersey Bachelor’s Degree Engineering students whose families make $0-$30k per year to attend Rowan University.
Monmouth University came in at #7 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s in New Jersey For Those Making $0-$30k ranking. Located in West Long Branch, New Jersey, this medium-sized private not-for-profit school handed out 5 degrees to qualified bachelors’s engineering students in 2019-2020.
Monmouth not only placed well in this ranking. It is also #8 on our “Best Engineering Bachelor’s Degree Schools in New Jersey” list. The yearly cost to attend Monmouth is $18,716 for new jersey bachelor’s degree engineering students whose families make $0-$30k.
The low student loan default rate of 3.1% 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%.
Stevens Institute of Technology ranked #8 on this year’s Best Value Engineering Schools for a Bachelor’s in New Jersey For Those Making $0-$30k list. Stevens Institute of Technology is a medium-sized school located in Hoboken, New Jersey that handed out 413 bachelors’s engineering degrees in 2019-2020.
Stevens not only placed well in this ranking. It is also #2 on our “Best Engineering Bachelor’s Degree Schools in New Jersey” list. It costs about $26,709 for New Jersey Bachelor’s Degree Engineering students whose families make $0-$30k per year to attend Stevens.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. 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%.
Read full report on 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 Petty Officer 3rd Class Declan Barnes.
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