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2023 Best Value Colleges for Mechanical Engineering in New Jersey

6 Ranked Colleges
945 Degrees Awarded
$24,000 Avg Net Price*
Best Value ME Schools in New Jersey

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 ME Schools in New Jersey” ranking.

Mechanical Engineering is the 21st most popular major in the country with 46,178 degrees awarded in 2020-2021. In 2019-2020, mechanical engineering graduates who were awarded their degree in 2017-2019, earned an average of $69,007 and had an average of $23,944 in loans still to pay off.

Across New Jersey, there were 945 mechanical engineering graduates with average earnings and debt of $66,974 and $24,829 respectively.

For this year’s “Best Value ME Schools in New Jersey” ranking, we looked at 6 colleges that offer a degree in mechanical engineering. This ranking identifies schools with high-quality mechanical engineering 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 mechanical engineering program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value ME Schools in New Jersey” 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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value ME Schools in New Jersey

The colleges and universities below are the best for new jersey me students.

Top 6 Best Value Colleges for Mechanical Engineering in New Jersey

1
Rutgers New Brunswick crest
Rutgers University - New Brunswick
New Brunswick, New Jersey

You’ll join some of the best and brightest minds around if you attend Rutgers University - New Brunswick. The school came in at #1 for the Best Value ME Schools in New Jersey. Rutgers University - New Brunswick is located in New Brunswick, New Jersey and, has a large student population. In 2020-2021, this school awarded 205 ’s ME degrees to qualified students.

Rutgers New Brunswick did well in our major quality rankings, too. It placed #4 on our “Best Mechanical Engineering Schools in New Jersey” list. The estimated yearly cost for Rutgers New Brunswick is $23,035 for New Jersey ME students.

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 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 Mechanical Engineering at Rutgers University - New Brunswick

2

Out of the 6 schools in the Best Value ME Schools in New Jersey 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 located in Newark, New Jersey and, has a fairly large student population. In 2020-2021, this school awarded 281 ’s ME degrees to qualified students.

NJIT also made our “Best Mechanical Engineering Schools in New Jersey” list, coming in at #3. The estimated yearly cost for New Jersey Institute of Technology is $18,582 for New Jersey ME students.

With a freshman retention rate of 89%, the school does an excellent job of retaining its undergraduate students. 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%.

Full New Jersey Institute of Technology Mechanical Engineering Report

3
TCNJ crest
The College of New Jersey
Ewing, New Jersey

You’ll join some of the best and brightest minds around if you attend The College of New Jersey. The school came in at #3 for the Best Value ME Schools in New Jersey. Located in Ewing, New Jersey, this medium-sized public school awarded 41 diplomas to qualified ’s ME students in 2020-2021.

TCNJ did well in our major quality rankings, too. It placed #5 on our “Best Mechanical Engineering Schools in New Jersey” list. The estimated yearly cost for TCNJ is $28,245 for New Jersey ME students.

Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The school has an impressive undergrad student loan default rate. It’s only 1.3%, which is much lower than the national rate of 10.1%.

Full The College of New Jersey Mechanical Engineering Report

4
Rowan crest
Rowan University
Glassboro, New Jersey

You’ll be in good company if you decide to attend Rowan University. It ranked #4 on our 2023 Best Value ME Schools in New Jersey list. Glassboro, New Jersey is the setting for this fairly large institution of higher learning. The public school handed out ’s ME degrees to 92 students in 2020-2021.

Rowan also made our “Best Mechanical Engineering Schools in New Jersey” list, coming in at #6. The estimated yearly cost for Rowan is $27,158 for new jersey me students.

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 Mechanical Engineering at Rowan

5

You’ll be in good company if you decide to attend Stevens Institute of Technology. It ranked #5 on our 2023 Best Value ME Schools in New Jersey list. Located in Hoboken, New Jersey, this medium-sized private not-for-profit school handed out 257 degrees to qualified ’s ME students in 2020-2021.

Stevens also took the #2 spot in our “Best Mechanical Engineering Schools in New Jersey” ranking. The yearly cost to attend Stevens Institute of Technology is $37,211 for New Jersey ME students.

The undergrad student loan default rate at the school is 1.7%, which is quite low when compared to the national default 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 Mechanical Engineering at Stevens

6
Princeton crest
Princeton University
Princeton, New Jersey

Princeton University did quite well in the 2023 Best Value ME Schools in New Jersey ranking, coming in at #6. Princeton is located in Princeton, New Jersey and, has a medium-sized student population. In 2020-2021, this school awarded 69 ’s ME degrees to qualified students.

Princeton did well in our major quality rankings, too. It placed #1 on our “Best Mechanical Engineering Schools in New Jersey” list. The estimated yearly cost for Princeton University is $9,836 for New Jersey ME students.

The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. 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.

Read full report on Mechanical Engineering at Princeton University

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Notes and References

References

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