2022 Best Value IE Schools for a Bachelor’s in New Jersey For Those Getting Aid

With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value IE Schools for a Bachelor’s in New Jersey For Those Getting Aid” ranking - to help you make that decision.

Industrial Engineering is the 86th most popular major in the country with 9,448 degrees awarded in 2019-2020. In 2017-2018, industrial engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,716 and had an average of $22,994 in loans still to pay off.

Across New Jersey, there were 179 industrial engineering graduates with average earnings and debt of $61,600 and $21,625 respectively. At the bachelor’s degree level specifically, there were 107 industrial engineering graduates with average earnings and debt of $39,288 and $24,807 respectively.

This year’s “Best Value IE Schools for a Bachelor’s in New Jersey For Those Getting Aid” ranking analyzed 2 colleges that offered a degree 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. See our ranking methodology to learn more.

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 for a Bachelor’s in New Jersey For Those Getting Aid”.

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. 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 IE Schools for a Bachelor’s in New Jersey For Those Getting Aid

The following schools top our list of the Best Best Value IE Schools for a Bachelor’s in New Jersey For Those Getting Aid.

Top 2 Best Value Bachelor’s Degree Colleges for Industrial Engineering in New Jersey (With Aid)

#1

Rutgers University - New Brunswick

New Brunswick, New Jersey

#1 in overall quality

$21,654 Average Net Price

$72,483 Average Early-Career Earnings

You’ll be in good company if you decide to attend Rutgers University - New Brunswick. It ranked #1 on our 2022 Best Value IE Schools for a Bachelor’s in New Jersey For Those Getting Aid list. New Brunswick, New Jersey is the setting for this large institution of higher learning. The public school handed out bachelors’s IE degrees to 70 students in 2019-2020.

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 Bachelor’s Degree Schools in New Jersey” ranking. It costs about $21,654 for New Jersey Bachelor’s Degree IE students with aid per year to attend Rutgers University - New Brunswick.

The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 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

#2

New Jersey Institute of Technology

Newark, New Jersey

#2 in overall quality

$19,706 Average Net Price

$66,653 Average Early-Career Earnings

You’ll be in good company if you decide to attend New Jersey Institute of Technology. It ranked #2 on our 2022 Best Value IE Schools for a Bachelor’s in New Jersey For Those Getting Aid list. NJIT is a public institution located in Newark, New Jersey. The school has a fairly large population, and it awarded 37 bachelors’s degrees in 2019-2020.

NJIT also took the #2 spot in our “Best Industrial Engineering Bachelor’s Degree Schools in New Jersey” ranking. The estimated yearly cost for NJIT is $19,706 for new jersey bachelor’s degree ie students with aid.

The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year. The low student loan default rate of 4.9% 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%.

Full NJIT Industrial Engineering Report

• Best Value Bachelor’s Degree Colleges for Industrial Engineering in the Middle Atlantic Region (With Aid)
• Best Value Bachelor’s Degree Colleges for Industrial Engineering (With Aid)

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

Footnotes

• *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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