2023 Best Value Engineering Schools in New Jersey For Those Making $0-$30k
5
Ranked Colleges
4,830
Degrees Awarded
$15,600
Avg Net Price*
With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Engineering Schools in New Jersey For Those Making $0-$30k” ranking - to help you make that decision.
In 2020-2021, 198,468 engineering students received their degree, making the major the 7th most popular in the country. In 2019-2020, engineering graduates who were awarded their degree in 2017-2019, earned an average of $68,653 and had an average of $23,855 in loans still to pay off.
Across New Jersey, there were 4,830 engineering graduates with average earnings and debt of $70,153 and $24,899 respectively.
This year’s “Best Value Engineering Schools in New Jersey For Those Making $0-$30k” ranking analyzed 5 colleges that offered a degree in engineering. The schools that top this list are recognized because they have great 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 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.
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 Engineering Schools in New Jersey For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.
In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.
Best Value Engineering Schools in New Jersey For Those Making $0-$30k
The following schools top our list of the Best Best Value Engineering Schools in New Jersey For Those Making $0-$30k.
Top 5 Best Value Colleges for Engineering (Income $0-$30k) in New Jersey
Out of the 5 schools in the Best Value Engineering 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. Princeton, New Jersey is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s engineering degrees to 331 students in 2020-2021.
In addition to being on our new jersey engineering students whose families make $0-$30k list, Princeton has also earned the #1 rank in our “Best Engineering Schools in New Jersey” ranking. It costs about $2,958 for New Jersey Engineering students whose families make $0-$30k per year to attend Princeton University.
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%. The undergraduate 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.
Read more about Engineering at Princeton
Out of the 5 schools in the Best Value Engineering Schools in New Jersey For Those Making $0-$30k that were part of this year’s ranking, New Jersey Institute of Technology landed the #2 spot on the list. Newark, New Jersey is the setting for this fairly large institution of higher learning. The public school handed out ’s engineering degrees to 1,164 students in 2020-2021.
In addition to being on our new jersey engineering students whose families make $0-$30k list, NJIT has also earned the #3 rank in our “Best Engineering Schools in New Jersey” ranking. It costs about $12,784 for New Jersey Engineering students whose families make $0-$30k per year to attend NJIT.
The undergrad student loan default rate at the school is 4.0%, 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 undergraduate students.
Read full report on Engineering at New Jersey Institute of Technology
Out of the 5 schools in the Best Value Engineering 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 public institution located in New Brunswick, New Jersey. The school has a large population, and it awarded 1,191 ’s degrees in 2020-2021.
Rutgers New Brunswick not only placed well in this ranking. It is also #4 on our “Best Engineering Schools in New Jersey” list. It costs about $14,935 for new jersey engineering students whose families make $0-$30k per year to attend Rutgers New Brunswick.
The undergrad student loan default rate at the school is 2.6%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students.
Read full report on Engineering at Rutgers University - New Brunswick
You’ll join some of the best and brightest minds around if you attend Rowan University. The school came in at #4 for the Best Value Engineering Schools in New Jersey For Those Making $0-$30k. Rowan University is located in Glassboro, New Jersey and, has a fairly large student population. In 2020-2021, this school awarded 401 ’s engineering degrees to qualified students.
As a testament to the quality of education offered at Rowan, the school also landed the #5 spot in our “Best Engineering Schools in New Jersey” ranking. The estimated yearly cost for Rowan is $19,693 for New Jersey Engineering students whose families make $0-$30k.
The low undergrad student loan default rate of 4.6% 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%.
Read full report on Engineering at Rowan
You’ll be in good company if you decide to attend Stevens Institute of Technology. It ranked #5 on our 2023 Best Value Engineering Schools in New Jersey For Those Making $0-$30k list. Stevens is located in Hoboken, New Jersey and, has a medium-sized student population. In 2020-2021, this school awarded 1,178 ’s engineering degrees to qualified students.
Stevens did well in our major quality rankings, too. It placed #2 on our “Best Engineering Schools in New Jersey” list. The yearly cost to attend Stevens is $27,394 for new jersey engineering students whose families make $0-$30k.
The low undergrad student loan default rate of 1.7% 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%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.
Full Stevens Engineering Report
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