2023 Best Value IE Schools in New Jersey For Those Making $0-$30k
2
Ranked Colleges
174
Degrees Awarded
$13,900
Avg Net Price*
It’s not easy to decide which college to attend when there so many options available for students. 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 IE Schools in New Jersey For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.
Industrial Engineering is the 87th most popular major in the country with 9,072 degrees awarded in 2020-2021. In 2019-2020, industrial engineering graduates who were awarded their degree in 2017-2019, earned an average of $68,960 and had an average of $24,268 in loans still to pay off.
Across New Jersey, there were 174 industrial engineering graduates with average earnings and debt of $68,738 and $26,276 respectively.
This year’s “Best Value IE Schools in New Jersey For Those Making $0-$30k” ranking analyzed 2 colleges that offered a degree in industrial engineering. The schools that top this list are recognized because they have great industrial engineering programs and cost less that 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 industrial engineering program at the school. For more information, check out our ranking methodology.
One Size Does Not Fit All
The ie 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 IE Schools in New Jersey For Those Making $0-$30k”.
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. 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 IE Schools in New Jersey For Those Making $0-$30k
The colleges and universities below are the best for new jersey ie students whose families make $0-$30k.
Top 2 Best Value Colleges for Industrial Engineering (Income $0-$30k) in New Jersey
Out of the 2 schools in the Best Value IE Schools in New Jersey For Those Making $0-$30k that were part of this year’s ranking, Rutgers University - New Brunswick landed the #1 spot on the list. Rutgers New Brunswick is a large public school situated in New Brunswick, New Jersey. It awarded 117 ’s IE degrees in 2020-2021.
Rutgers New Brunswick not only placed well in this ranking. It is also #1 on our “Best Industrial Engineering Schools in New Jersey” list. The estimated yearly cost for Rutgers University - New Brunswick is $14,935 for New Jersey IE students whose families make $0-$30k.
With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students. 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 New Brunswick Industrial Engineering Report
You’ll be in good company if you decide to attend New Jersey Institute of Technology. It ranked #2 on our 2023 Best Value IE Schools in New Jersey For Those Making $0-$30k list. This fairly large school is located in Newark, New Jersey, and it awarded 57 ’s IE degrees in 2020-2021.
NJIT also made our “Best Industrial Engineering Schools in New Jersey” list, coming in at #2. The estimated yearly cost for NJIT is $12,784 for New Jersey IE students whose families make $0-$30k.
The low undergrad student loan default rate of 4.0% 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%. The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year.
Read full report on Industrial Engineering at NJIT
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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
- *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.
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