2023 Best Value Colleges for Electrical Engineering (Income $48-$75k) in New Jersey
6
Ranked Colleges
766
Degrees Awarded
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value EE Schools in New Jersey For Those Making $48-$75k” ranking as one item you can use to help make this decision.
Electrical Engineering is the 39th most popular major in the country with 28,844 degrees awarded in 2020-2021. In 2019-2020, electrical engineering graduates who were awarded their degree in 2017-2019, earned an average of $74,380 and had an average of $24,114 in loans still to pay off.
Across New Jersey, there were 766 electrical engineering graduates with average earnings and debt of $77,121 and $25,563 respectively.
For this year’s “Best Value EE Schools in New Jersey For Those Making $48-$75k” ranking, we looked at 6 colleges that offer a degree in electrical engineering. This ranking identifies schools with high-quality electrical 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 electrical 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.
More Ways to Rank Electrical Engineering Schools
The ee school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value EE Schools in New Jersey For Those Making $48-$75k”.
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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value EE Schools in New Jersey For Those Making $48-$75k
The following schools top our list of the Best Best Value EE Schools in New Jersey For Those Making $48-$75k.
Top 6 Best Value Colleges for Electrical Engineering (Income $48-$75k) in New Jersey
You’ll be in good company if you decide to attend Princeton University. It ranked #1 on our 2023 Best Value EE Schools in New Jersey For Those Making $48-$75k list. Located in Princeton, New Jersey, this medium-sized private not-for-profit school awarded 84 degrees to qualified ’s EE students in 2020-2021.
Princeton did well in our major quality rankings, too. It placed #1 on our “Best Electrical Engineering Schools in New Jersey” list. It costs about $5,542 for new jersey ee students whose families make $48-$75k per year to attend Princeton.
The school has an impressive undergrad student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%. Since the school has a undergrad student-to-faculty ratio of 4 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Read more about Electrical Engineering at Princeton University
You’ll be in good company if you decide to attend Rutgers University - New Brunswick. It ranked #2 on our 2023 Best Value EE Schools in New Jersey For Those Making $48-$75k list. New Brunswick, New Jersey is the setting for this large institution of higher learning. The public school handed out ’s EE degrees to 319 students in 2020-2021.
Rutgers New Brunswick did well in our major quality rankings, too. It placed #2 on our “Best Electrical Engineering Schools in New Jersey” list. The yearly cost to attend Rutgers University - New Brunswick is $20,927 for New Jersey EE students whose families make $48-$75k.
The low undergrad student loan default rate of 2.6% 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 93%.
Read more about Electrical Engineering at Rutgers University - New Brunswick
Out of the 6 schools in the Best Value EE Schools in New Jersey For Those Making $48-$75k that were part of this year’s ranking, New Jersey Institute of Technology landed the #3 spot on the list. Located in Newark, New Jersey, this fairly large public school awarded 159 degrees to qualified ’s EE students in 2020-2021.
NJIT also took the #4 spot in our “Best Electrical Engineering Schools in New Jersey” ranking. The estimated yearly cost for New Jersey Institute of Technology is $18,451 for New Jersey EE students whose families make $48-$75k.
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%.
Read more about Electrical Engineering at NJIT
You’ll join some of the best and brightest minds around if you attend Stevens Institute of Technology. The school came in at #4 for the Best Value EE Schools in New Jersey For Those Making $48-$75k. Stevens Institute of Technology is a medium-sized school located in Hoboken, New Jersey that handed out 120 ’s EE degrees in 2020-2021.
Stevens also took the #3 spot in our “Best Electrical Engineering Schools in New Jersey” ranking. It costs about $28,483 for new jersey ee students whose families make $48-$75k per year to attend Stevens.
The low undergrad student loan default rate of 1.7% 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%. With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students.
Read full report on Electrical Engineering at Stevens
You’ll be in good company if you decide to attend Rowan University. It ranked #5 on our 2023 Best Value EE Schools in New Jersey For Those Making $48-$75k list. Glassboro, New Jersey is the setting for this fairly large institution of higher learning. The public school handed out ’s EE degrees to 54 students in 2020-2021.
As a testament to the quality of education offered at Rowan, the school also landed the #5 spot in our “Best Electrical Engineering Schools in New Jersey” ranking. The estimated yearly cost for Rowan University is $27,278 for new jersey ee students whose families make $48-$75k.
The school has an impressive undergrad student loan default rate. It’s only 4.6%, which is much lower than the national rate of 10.1%.
Full Rowan Electrical Engineering Report
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