2022 Best Value Engineering Schools for a Bachelor’s in New Jersey For Those Making $48-$75k
When pursuing a degree in today’s world, students have many different options to choose from. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Engineering Schools for a Bachelor’s in New Jersey For Those Making $48-$75k” ranking - to help you make that decision.
Engineering is one of the most popular majors in the nation, ranking 6th of all the majors we analyze. In 2019-2020, 200,458 degrees were awarded to students with this major. 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.
This year’s “Best Value Engineering Schools for a Bachelor’s in New Jersey For Those Making $48-$75k” ranking analyzed 8 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. Check out our ranking methodology for more information.
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More Ways to Rank Engineering Schools
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 $48-$75k”.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value Engineering Schools for a Bachelor’s in New Jersey For Those Making $48-$75k
The colleges and universities below are the best for new jersey bachelor’s degree engineering students whose families make $48-$75k.
Top 8 Best Value Bachelor’s Degree Colleges for Engineering (Income $48-$75k) in New Jersey
You’ll be in good company if you decide to attend Princeton University. It ranked #1 on our 2022 Best Value Engineering Schools for a Bachelor’s in New Jersey For Those Making $48-$75k list. Princeton University is located in Princeton, New Jersey and, has a medium-sized student population. In 2019-2020, this school awarded 185 bachelors’s engineering degrees to qualified students.
Princeton also made our “Best Engineering Bachelor’s Degree Schools in New Jersey” list, coming in at #1. The estimated yearly cost for Princeton University is $7,576 for New Jersey Bachelor’s Degree Engineering students whose families make $48-$75k.
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 student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%.
Out of the 8 schools in the Best Value Engineering Schools for a Bachelor’s in New Jersey For Those Making $48-$75k that were part of this year’s ranking, New Jersey Institute of Technology landed the #2 spot on the list. NJIT is a public institution located in Newark, New Jersey. The school has a fairly large population, and it awarded 706 bachelors’s degrees in 2019-2020.
NJIT also took the #4 spot in our “Best Engineering Bachelor’s Degree Schools in New Jersey” ranking. The yearly cost to attend New Jersey Institute of Technology is $19,960 for new jersey bachelor’s degree engineering students whose families make $48-$75k.
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%. The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year.
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 Engineering Schools for a Bachelor’s in New Jersey For Those Making $48-$75k. This large school is located in New Brunswick, New Jersey, and it awarded 988 bachelors’s engineering degrees in 2019-2020.
Rutgers New Brunswick also took the #3 spot in our “Best Engineering Bachelor’s Degree Schools in New Jersey” ranking. It costs about $20,935 for New Jersey Bachelor’s Degree Engineering students whose families make $48-$75k per year to attend Rutgers New Brunswick.
The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. 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%.
Out of the 8 schools in the Best Value Engineering Schools for a Bachelor’s in New Jersey For Those Making $48-$75k that were part of this year’s ranking, Fairleigh Dickinson University - Metropolitan Campus landed the #4 spot on the list. This medium-sized school is located in Teaneck, New Jersey, and it awarded 19 bachelors’s engineering degrees in 2019-2020.
FDU also took the #7 spot in our “Best Engineering Bachelor’s Degree Schools in New Jersey” ranking. It costs about $16,384 for new jersey bachelor’s degree engineering students whose families make $48-$75k per year to attend FDU.
Read full report on Engineering at Fairleigh Dickinson University - Metropolitan Campus
You’ll be in good company if you decide to attend The College of New Jersey. It ranked #5 on our 2022 Best Value Engineering Schools for a Bachelor’s in New Jersey For Those Making $48-$75k list. This medium-sized school is located in Ewing, New Jersey, and it awarded 120 bachelors’s engineering degrees in 2019-2020.
TCNJ also made our “Best Engineering Bachelor’s Degree Schools in New Jersey” list, coming in at #5. It costs about $26,445 for new jersey bachelor’s degree engineering students whose families make $48-$75k 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.
Stevens Institute of Technology landed the #6 spot on the 2022 Best Value Engineering Schools for a Bachelor’s in New Jersey For Those Making $48-$75k ranking. Located in Hoboken, New Jersey, this medium-sized private not-for-profit school handed out 413 diplomas to qualified bachelors’s engineering students in 2019-2020.
As a testament to the quality of education offered at Stevens, the school also landed the #2 spot in our “Best Engineering Bachelor’s Degree Schools in New Jersey” ranking. The yearly cost to attend Stevens Institute of Technology is $29,774 for new jersey bachelor’s degree engineering students whose families make $48-$75k.
The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. 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%.
Rowan University did quite well in the 2022 Best Value Engineering Schools for a Bachelor’s in New Jersey For Those Making $48-$75k ranking, coming in at #7. Rowan is a fairly large public school situated in Glassboro, New Jersey. It awarded 325 bachelors’s engineering degrees in 2019-2020.
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. The yearly cost to attend Rowan is $25,265 for New Jersey Bachelor’s Degree Engineering students whose families make $48-$75k.
Monmouth University came in at #8 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s in New Jersey For Those Making $48-$75k ranking. West Long Branch, New Jersey is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s engineering degrees to 5 students in 2019-2020.
Monmouth also made our “Best Engineering Bachelor’s Degree Schools in New Jersey” list, coming in at #8. The estimated yearly cost for Monmouth is $27,107 for new jersey bachelor’s degree engineering students whose families make $48-$75k.
The student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%.
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Best Value Bachelor's Degree Colleges for Engineering (Income $48-$75k) 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 Petty Officer 3rd Class Declan Barnes.
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