2023 Best Value Colleges for Engineering (Income $75-$110k) in New Jersey
5
Ranked Colleges
4,830
Degrees Awarded
$27,200
Avg Net Price*
Students have lots of options to chooose from today when trying to decide which college to attend. 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 $75-$110k” ranking.
Engineering is one of the most popular majors in the nation, ranking 7th of all the majors we analyze. In 2020-2021, 198,468 degrees were awarded to students with this major. 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 $75-$110k” ranking looked at 5 colleges that offer degrees in a bachelor’s in engineering. This ranking identifies schools with high-quality engineering programs that also have a lower cost than 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. See our ranking methodology to learn more.
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 $75-$110k” list to help you make the college decision.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value Engineering Schools in New Jersey For Those Making $75-$110k
The following schools top our list of the Best Best Value Engineering Schools in New Jersey For Those Making $75-$110k.
Top 5 Best Value Colleges for Engineering (Income $75-$110k) in New Jersey
Out of the 5 schools in the Best Value Engineering Schools in New Jersey For Those Making $75-$110k that were part of this year’s ranking, Princeton University landed the #1 spot on the list. This medium-sized school is located in Princeton, New Jersey, and it awarded 331 ’s engineering degrees in 2020-2021.
As a testament to the quality of education offered at Princeton, the school also landed the #1 spot in our “Best Engineering Schools in New Jersey” ranking. It costs about $18,205 for new jersey engineering students whose families make $75-$110k per year to attend Princeton.
With a undergrad student-to-faculty ratio of 4 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. 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
You’ll be in good company if you decide to attend New Jersey Institute of Technology. It ranked #2 on our 2023 Best Value Engineering Schools in New Jersey For Those Making $75-$110k list. New Jersey Institute of Technology is a fairly large school located in Newark, New Jersey that handed out 1,164 ’s engineering degrees in 2020-2021.
NJIT also took the #3 spot in our “Best Engineering Schools in New Jersey” ranking. The yearly cost to attend New Jersey Institute of Technology is $23,854 for New Jersey Engineering students whose families make $75-$110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 89%. 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%.
Full New Jersey Institute of Technology Engineering Report
You’ll be in good company if you decide to attend Rutgers University - New Brunswick. It ranked #3 on our 2023 Best Value Engineering Schools in New Jersey For Those Making $75-$110k list. Located in New Brunswick, New Jersey, this large public school awarded 1,191 degrees to qualified ’s engineering students 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 $28,245 for New Jersey Engineering students whose families make $75-$110k 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 school has an impressive undergrad student loan default rate. It’s only 2.6%, which is much lower than the national rate of 10.1%.
Full Rutgers University - New Brunswick Engineering Report
You’ll be in good company if you decide to attend Stevens Institute of Technology. It ranked #4 on our 2023 Best Value Engineering Schools in New Jersey For Those Making $75-$110k list. Stevens Institute of Technology is a private not-for-profit institution located in Hoboken, New Jersey. The school has a medium-sized population, and it awarded 1,178 ’s degrees in 2020-2021.
Stevens also made our “Best Engineering Schools in New Jersey” list, coming in at #2. It costs about $34,577 for New Jersey Engineering students whose families make $75-$110k per year to attend Stevens.
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%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.
Read full report on Engineering at Stevens Institute of Technology
You’ll join some of the best and brightest minds around if you attend Rowan University. The school came in at #5 for the Best Value Engineering Schools in New Jersey For Those Making $75-$110k. Rowan 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 yearly cost to attend Rowan University is $31,221 for new jersey engineering students whose families make $75-$110k.
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%.
Full Rowan Engineering Report