2023 Best Value Engineering Schools in New Jersey For Those Making $48-$75k
5
Ranked Colleges
4,830
Degrees Awarded
With all of the options students have for higher education today, it can be tough to choose which direction to take. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Engineering Schools in New Jersey For Those Making $48-$75k” ranking.
With 198,468 degrees handed out in 2020-2021, engineering is the 7th most popular major in the United States. 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 $48-$75k” 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.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the engineering program at the school. Check out our ranking methodology for more information.
One Size Does Not Fit All
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 Engineering Schools in New Jersey For Those Making $48-$75k” 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 Engineering Schools in New Jersey For Those Making $48-$75k
The colleges and universities below are the best for new jersey engineering students whose families make $48-$75k.
Top 5 Best Value Colleges for Engineering (Income $48-$75k) 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 in New Jersey For Those Making $48-$75k. This medium-sized school is located in Princeton, New Jersey, and it awarded 331 ’s engineering degrees in 2020-2021.
Princeton did well in our major quality rankings, too. It placed #1 on our “Best Engineering Schools in New Jersey” list. The yearly cost to attend Princeton University is $5,542 for New Jersey Engineering students whose families make $48-$75k.
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. 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%.
Read full report on Engineering at Princeton
Out of the 5 schools in the Best Value Engineering Schools 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. New Jersey Institute of Technology is a fairly large public school situated in Newark, New Jersey. It awarded 1,164 ’s engineering degrees in 2020-2021.
In addition to being on our new jersey engineering students whose families make $48-$75k list, NJIT has also earned the #3 rank in our “Best Engineering Schools in New Jersey” ranking. The yearly cost to attend New Jersey Institute of Technology is $18,451 for New Jersey Engineering students whose families make $48-$75k.
The school has an impressive undergrad student loan default rate. It’s only 4.0%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 89%.
Read more about Engineering at NJIT
Out of the 5 schools in the Best Value Engineering Schools in New Jersey For Those Making $48-$75k that were part of this year’s ranking, Rutgers University - New Brunswick landed the #3 spot on the list. Rutgers University - New Brunswick is located in New Brunswick, New Jersey and, has a large student population. In 2020-2021, this school awarded 1,191 ’s engineering degrees to qualified students.
Rutgers New Brunswick also took the #4 spot in our “Best Engineering Schools in New Jersey” ranking. The yearly cost to attend Rutgers University - New Brunswick is $20,927 for New Jersey Engineering students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. 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%.
Read full report on Engineering at Rutgers University - New Brunswick
Out of the 5 schools in the Best Value Engineering Schools in New Jersey For Those Making $48-$75k that were part of this year’s ranking, Stevens Institute of Technology landed the #4 spot on the 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 not only placed well in this ranking. It is also #2 on our “Best Engineering Schools in New Jersey” list. It costs about $28,483 for New Jersey Engineering students whose families make $48-$75k per year to attend Stevens Institute of Technology.
The school has an impressive undergrad student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students.
Read more about Engineering at Stevens
You’ll be in good company if you decide to attend Rowan University. It ranked #5 on our 2023 Best Value Engineering Schools in New Jersey For Those Making $48-$75k list. Located in Glassboro, New Jersey, this fairly large public school handed out 401 degrees to qualified ’s engineering students in 2020-2021.
Rowan also made our “Best Engineering Schools in New Jersey” list, coming in at #5. The estimated yearly cost for Rowan is $27,278 for New Jersey Engineering students whose families make $48-$75k.
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 University
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