2023 Best Value Colleges for Mechanical Engineering (Income $30-$48k) in New Jersey
6
Ranked Colleges
945
Degrees Awarded
$16,100
Avg Net Price*
With all of the options students have for higher education today, it can be tough to choose which direction to take. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value ME Schools in New Jersey For Those Making $30-$48k” ranking.
Mechanical Engineering is the 21st most popular major in the country with 46,178 degrees awarded in 2020-2021. In 2019-2020, mechanical engineering graduates who were awarded their degree in 2017-2019, earned an average of $69,007 and had an average of $23,944 in loans still to pay off.
Across New Jersey, there were 945 mechanical engineering graduates with average earnings and debt of $66,974 and $24,829 respectively.
This year’s “Best Value ME Schools in New Jersey For Those Making $30-$48k” ranking analyzed 6 colleges that offered a degree in mechanical engineering. The schools that top this list are recognized because they have great mechanical engineering programs and cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the mechanical engineering program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.
One Size Does Not Fit All
Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value ME Schools in New Jersey For Those Making $30-$48k” list, to help you choose the best school for you.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value ME Schools in New Jersey For Those Making $30-$48k
The colleges and universities below are the best for new jersey me students whose families make $30-$48k.
Top 6 Best Value Colleges for Mechanical Engineering (Income $30-$48k) in New Jersey
You’ll be in good company if you decide to attend Princeton University. It ranked #1 on our 2023 Best Value ME Schools in New Jersey For Those Making $30-$48k list. Located in Princeton, New Jersey, this medium-sized private not-for-profit school awarded 69 diplomas to qualified ’s ME students in 2020-2021.
Princeton did well in our major quality rankings, too. It placed #1 on our “Best Mechanical Engineering Schools in New Jersey” list. The estimated yearly cost for Princeton is $4,502 for New Jersey ME students whose families make $30-$48k.
The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. With a undergrad student-to-faculty ratio of 4 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read full report on Mechanical Engineering at Princeton
Out of the 6 schools in the Best Value ME Schools in New Jersey For Those Making $30-$48k that were part of this year’s ranking, New Jersey Institute of Technology landed the #2 spot on the list. NJIT is located in Newark, New Jersey and, has a fairly large student population. In 2020-2021, this school awarded 281 ’s ME degrees to qualified students.
NJIT not only placed well in this ranking. It is also #3 on our “Best Mechanical Engineering Schools in New Jersey” list. The estimated yearly cost for NJIT is $14,022 for new jersey me students whose families make $30-$48k.
With a freshman retention rate of 89%, the school does an excellent job of retaining its undergraduate students. 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%.
Read more about Mechanical Engineering at NJIT
Out of the 6 schools in the Best Value ME Schools in New Jersey For Those Making $30-$48k that were part of this year’s ranking, Rutgers University - New Brunswick landed the #3 spot on the list. Rutgers University - New Brunswick is a large public school situated in New Brunswick, New Jersey. It awarded 205 ’s ME degrees in 2020-2021.
Rutgers New Brunswick did well in our major quality rankings, too. It placed #4 on our “Best Mechanical Engineering Schools in New Jersey” list. The estimated yearly cost for Rutgers University - New Brunswick is $15,182 for new jersey me students whose families make $30-$48k.
The undergrad student loan default rate at the school is 2.6%, 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 full report on Mechanical Engineering at Rutgers New Brunswick
You’ll join some of the best and brightest minds around if you attend The College of New Jersey. The school came in at #4 for the Best Value ME Schools in New Jersey For Those Making $30-$48k. TCNJ is a public institution located in Ewing, New Jersey. The school has a medium-sized population, and it awarded 41 ’s degrees in 2020-2021.
TCNJ did well in our major quality rankings, too. It placed #5 on our “Best Mechanical Engineering Schools in New Jersey” list. It costs about $15,377 for new jersey me students whose families make $30-$48k per year to attend TCNJ.
The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Mechanical Engineering at The College of New Jersey
You’ll be in good company if you decide to attend Stevens Institute of Technology. It ranked #5 on our 2023 Best Value ME Schools in New Jersey For Those Making $30-$48k list. Stevens Institute of Technology is located in Hoboken, New Jersey and, has a medium-sized student population. In 2020-2021, this school awarded 257 ’s ME degrees to qualified students.
As a testament to the quality of education offered at Stevens, the school also landed the #2 spot in our “Best Mechanical Engineering Schools in New Jersey” ranking. The yearly cost to attend Stevens is $26,473 for New Jersey ME students whose families make $30-$48k.
The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 1.7%, which is quite low when compared to the national default rate of 10.1%.
Read more about Mechanical Engineering at Stevens
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