2022 Best Value Bachelor’s Degree Colleges for Applied Mathematics (Income $30-$48k) in New Jersey

When it comes to choosing a college, students have a lot of options - but not all of them are good. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Applied Math Schools for a Bachelor’s in New Jersey For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.

Applied Mathematics is the 83rd most popular major in the country with 10,462 degrees awarded in 2019-2020. In 2017-2018, applied mathematics graduates who were awarded their degree in 2015-2017, earned an average of $55,528 and had an average of $22,646 in loans still to pay off.

Across New Jersey, there were 267 applied mathematics graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 84 applied mathematics graduates with average earnings and debt of $39,288 and $24,807 respectively.

This year’s “Best Value Applied Math Schools for a Bachelor’s in New Jersey For Those Making $30-$48k” ranking looked at 2 colleges that offer degrees in a bachelor’s in applied mathematics. This ranking identifies schools with high-quality applied mathematics programs that also have a lower cost than schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the applied mathematics program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.

More Ways to Rank Applied Mathematics Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Applied Math Schools for a Bachelor’s in New Jersey For Those Making $30-$48k” list, to help you choose the best school for you.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Applied Math Schools for a Bachelor’s in New Jersey For Those Making $30-$48k

The following schools top our list of the Best Best Value Applied Math Schools for a Bachelor’s in New Jersey For Those Making $30-$48k.

Top 2 Best Value Bachelor’s Degree Colleges for Applied Mathematics (Income $30-$48k) in New Jersey

#1

Rutgers University - Newark

Newark, New Jersey

#2 in overall quality

$11,047 Average Net Price

You’ll be in good company if you decide to attend Rutgers University - Newark. It ranked #1 on our 2022 Best Value Applied Math Schools for a Bachelor’s in New Jersey For Those Making $30-$48k list. This fairly large school is located in Newark, New Jersey, and it awarded 6 bachelors’s applied math degrees in 2019-2020.

In addition to being on our new jersey bachelor’s degree applied math students whose families make $30-$48k list, Rutgers Newark has also earned the #2 rank in our “Best Applied Mathematics Bachelor’s Degree Schools in New Jersey” ranking. The estimated yearly cost for Rutgers University - Newark is $11,047 for New Jersey Bachelor’s Degree Applied Math students whose families make $30-$48k.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.

Read full report on Applied Mathematics at Rutgers University - Newark

#2

Stevens Institute of Technology

Hoboken, New Jersey

#1 in overall quality

$27,894 Average Net Price

You’ll be in good company if you decide to attend Stevens Institute of Technology. It ranked #2 on our 2022 Best Value Applied Math Schools for a Bachelor’s in New Jersey For Those Making $30-$48k list. Stevens is located in Hoboken, New Jersey and, has a medium-sized student population. In 2019-2020, this school awarded 47 bachelors’s applied math degrees to qualified students.

Stevens not only placed well in this ranking. It is also #1 on our “Best Applied Mathematics Bachelor’s Degree Schools in New Jersey” list. The yearly cost to attend Stevens Institute of Technology is $27,894 for New Jersey Bachelor’s Degree Applied Math students whose families make $30-$48k.

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%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.

Full Stevens Applied Mathematics Report

• Best Value Bachelor’s Degree Colleges for Applied Mathematics (Income $30-$48k) in the Middle Atlantic Region
• Best Value Bachelor’s Degree Colleges for Applied Mathematics (Income $30-$48k)

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 Steven G. Johnson.

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