2023 Best Value Colleges for Industrial Engineering (Income Over $110k) in New Jersey
2
Ranked Colleges
174
Degrees Awarded
$27,800
Avg Net Price*
When it comes to choosing a college, students have a lot of options - but not all of them are good. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Vallue IE Schools in New Jersey For Those Making Over $110k” ranking.
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 Vallue IE Schools in New Jersey For Those Making Over $110k” ranking looked at 2 colleges that offer degrees in a bachelor’s in industrial engineering. Not only do the schools that top this list have excellent industrial engineering programs, but they also cost less that schools of similar quality.
Some of the factors we look at when determining these rankings are overall quality of the industrial engineering program at the school and the cost of the school after aid is awarded among other things. 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 Vallue IE Schools in New Jersey For Those Making Over $110k”.
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. 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.
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Best Vallue IE Schools in New Jersey For Those Making Over $110k
The colleges and universities below are the best for new jersey ie students whose families make more than $110k.
Top 2 Best Value Colleges for Industrial Engineering (Income Over $110k) in New Jersey
You’ll be in good company if you decide to attend New Jersey Institute of Technology. It ranked #1 on our 2023 Best Vallue IE Schools in New Jersey For Those Making Over $110k list. Newark, New Jersey is the setting for this fairly large institution of higher learning. The public school handed out ’s IE degrees to 57 students in 2020-2021.
As a testament to the quality of education offered at NJIT, the school also landed the #2 spot in our “Best Industrial Engineering Schools in New Jersey” ranking. The yearly cost to attend NJIT is $18,582 for new jersey ie students whose families make more than $110k.
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 Industrial Engineering at New Jersey Institute of Technology
You’ll be in good company if you decide to attend Rutgers University - New Brunswick. It ranked #2 on our 2023 Best Vallue IE Schools in New Jersey For Those Making Over $110k list. Rutgers New Brunswick is a public institution located in New Brunswick, New Jersey. The school has a large population, and it awarded 117 ’s degrees in 2020-2021.
Rutgers New Brunswick did well in our major quality rankings, too. It placed #1 on our “Best Industrial Engineering Schools in New Jersey” list. It costs about $23,035 for new jersey ie students whose families make more than $110k per year to attend Rutgers New Brunswick.
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 more about Industrial Engineering at Rutgers New Brunswick
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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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