2022 Best Value Bachelor’s Degree Colleges for Applied Mathematics (Income $48-$75k) in New Jersey

It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value Applied Math Schools for a Bachelor’s in New Jersey For Those Making $48-$75k” ranking as one item you can use to help make this decision.

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 $48-$75k” ranking analyzed 2 colleges that offered a degree in applied mathematics. This ranking identifies schools with high-quality applied mathematics programs that also have a lower cost than schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the applied mathematics program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.

More Ways to Rank Applied Mathematics Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Applied Math Schools for a Bachelor’s in New Jersey For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. 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 Applied Math Schools for a Bachelor’s in New Jersey For Those Making $48-$75k

The following schools top our list of the Best Best Value Applied Math Schools for a Bachelor’s in New Jersey For Those Making $48-$75k.

Top 2 Best Value Bachelor’s Degree Colleges for Applied Mathematics (Income $48-$75k) in New Jersey

#1

Stevens Institute of Technology

Hoboken, New Jersey

#1 in overall quality

$29,774 Average Net Price

You’ll join some of the best and brightest minds around if you attend Stevens Institute of Technology. The school came in at #1 for the Best Value Applied Math Schools for a Bachelor’s in New Jersey For Those Making $48-$75k. Stevens is a medium-sized school located in Hoboken, New Jersey that handed out 47 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 $48-$75k list, Stevens has also earned the #1 rank in our “Best Applied Mathematics Bachelor’s Degree Schools in New Jersey” ranking. The estimated yearly cost for Stevens Institute of Technology is $29,774 for new jersey bachelor’s degree applied math students whose families make $48-$75k.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.

Read full report on Applied Mathematics at Stevens

#2

Rutgers University - Newark

Newark, New Jersey

#2 in overall quality

$15,144 Average Net Price

Out of the 2 schools in the Best Value Applied Math Schools for a Bachelor’s in New Jersey For Those Making $48-$75k that were part of this year’s ranking, Rutgers University - Newark landed the #2 spot on the list. This fairly large school is located in Newark, New Jersey, and it awarded 6 bachelors’s applied math degrees in 2019-2020.

Rutgers Newark also made our “Best Applied Mathematics Bachelor’s Degree Schools in New Jersey” list, coming in at #2. It costs about $15,144 for New Jersey Bachelor’s Degree Applied Math students whose families make $48-$75k per year to attend Rutgers University - Newark.

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 more about Applied Mathematics at Rutgers University - Newark

• Best Value Bachelor’s Degree Colleges for Applied Mathematics (Income $48-$75k) in the Middle Atlantic Region
• Best Value Bachelor’s Degree Colleges for Applied Mathematics (Income $48-$75k)

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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