2023 Best Value IE Schools in New Jersey For Those Making $48-$75k
2
Ranked Colleges
174
Degrees Awarded
When pursuing a degree in today’s world, students have many different options to choose from. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value IE Schools in New Jersey For Those Making $48-$75k” ranking - to help you make that decision.
In 2020-2021, 9,072 people earned their degree in industrial engineering, making the major the 87th most popular in the United States. 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 $48-$75k” ranking looked at 2 colleges that offer degrees in a bachelor’s 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. Check out our ranking methodology for more information.
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 $48-$75k”.
In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest 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 IE Schools in New Jersey For Those Making $48-$75k
The colleges and universities below are the best for new jersey ie students whose families make $48-$75k.
Top 2 Best Value Colleges for Industrial Engineering (Income $48-$75k) in New Jersey
You’ll be in good company if you decide to attend Rutgers University - New Brunswick. It ranked #1 on our 2023 Best Value IE Schools in New Jersey For Those Making $48-$75k list. This large school is located in New Brunswick, New Jersey, and it awarded 117 ’s IE degrees in 2020-2021.
As a testament to the quality of education offered at Rutgers New Brunswick, the school also landed the #1 spot in our “Best Industrial Engineering Schools in New Jersey” ranking. The yearly cost to attend Rutgers New Brunswick is $20,927 for New Jersey IE 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%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.
Read full report on Industrial Engineering at Rutgers University - New Brunswick
Out of the 2 schools in the Best Value IE Schools in New Jersey For Those Making $48-$75k 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 57 ’s IE degrees to qualified students.
In addition to being on our new jersey ie students whose families make $48-$75k list, NJIT has also earned the #2 rank in our “Best Industrial Engineering Schools in New Jersey” ranking. It costs about $18,451 for new jersey ie students whose families make $48-$75k per year to attend NJIT.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 89%.
Full NJIT Industrial Engineering Report
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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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