2022 Best Value ME Schools for a Master’s in New Jersey For Those Making $48-$75k

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value ME Schools for a Master’s in New Jersey For Those Making $48-$75k” ranking as one item you can use to help make this decision.

In 2019-2020, 47,598 people earned their degree in mechanical engineering, making the major the 20th most popular in the United States. In 2017-2018, mechanical engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,495 and had an average of $23,104 in loans still to pay off.

Across New Jersey, there were 963 mechanical engineering graduates with average earnings and debt of $61,383 and $23,574 respectively. At the master’s degree level specifically, there were 174 mechanical engineering graduates with average earnings and debt of $60,690 and $39,821 respectively.

For this year’s “Best Value ME Schools for a Master’s in New Jersey For Those Making $48-$75k” ranking, we looked at 4 colleges that offer a degree in mechanical engineering. Not only do the schools that top this list have excellent mechanical engineering programs, but they also 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. Check out our ranking methodology for more information.

More Ways to Rank Mechanical Engineering Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value ME Schools for a Master’s in New Jersey For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value ME Schools for a Master’s in New Jersey For Those Making $48-$75k

The following schools top our list of the Best Best Value ME Schools for a Master’s in New Jersey For Those Making $48-$75k.

Top 4 Best Value Master’s Degree Colleges for Mechanical Engineering (Income $48-$75k) in New Jersey

#1

Princeton University

Princeton, New Jersey

#1 in overall quality

$56,470 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Princeton University. The school came in at #1 for the Best Value ME Schools for a Master’s in New Jersey For Those Making $48-$75k. Princeton University is a private not-for-profit institution located in Princeton, New Jersey. The school has a medium-sized population, and it awarded 12 masters’s degrees in 2019-2020.

Princeton also made our “Best Mechanical Engineering Master’s Degree Schools in New Jersey” list, coming in at #1. Average graduate tuition and fees at Princeton are $56,470, but you may pay more or less depending on your major.

Read more about Mechanical Engineering at Princeton University

#2

New Jersey Institute of Technology

Newark, New Jersey

#4 in overall quality

$33,744 Avg Grad Tuition & Fees

$77,401 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 ME Schools for a Master’s in New Jersey For Those Making $48-$75k list. Newark, New Jersey is the setting for this fairly large institution of higher learning. The public school handed out masters’s ME degrees to 62 students in 2019-2020.

In addition to being on our new jersey master’s degree me students whose families make $48-$75k list, NJIT has also earned the #4 rank in our “Best Mechanical Engineering Master’s Degree Schools in New Jersey” ranking. Average graduate tuition and fees at NJIT are $33,744, but some majors have different tuition rates.

Full New Jersey Institute of Technology Mechanical Engineering Report

#3

Rutgers University - New Brunswick

New Brunswick, New Jersey

#3 in overall quality

$32,132 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value ME Schools for a Master’s in New Jersey For Those Making $48-$75k that were part of this year’s ranking, Rutgers University - New Brunswick landed the #3 spot on the list. Located in New Brunswick, New Jersey, this large public school awarded 31 degrees to qualified masters’s ME students in 2019-2020.

Rutgers New Brunswick not only placed well in this ranking. It is also #3 on our “Best Mechanical Engineering Master’s Degree Schools in New Jersey” list. Average graduate tuition and fees at Rutgers University - New Brunswick are $32,132, but some majors have different tuition rates.

Read full report on Mechanical Engineering at Rutgers New Brunswick

#4

Stevens Institute of Technology

Hoboken, New Jersey

#2 in overall quality

$38,876 Avg Grad Tuition & Fees

$77,872 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Stevens Institute of Technology. The school came in at #4 for the Best Value ME Schools for a Master’s in New Jersey For Those Making $48-$75k. Stevens Institute of Technology is a private not-for-profit institution located in Hoboken, New Jersey. The school has a medium-sized population, and it awarded 69 masters’s degrees in 2019-2020.

Stevens did well in our major quality rankings, too. It placed #2 on our “Best Mechanical Engineering Master’s Degree Schools in New Jersey” list. Average graduate tuition and fees at Stevens are $38,876, but some majors have different tuition rates.

Full Stevens Mechanical Engineering Report

• Best Value Master’s Degree Colleges for Mechanical Engineering (Income $48-$75k) in the Middle Atlantic Region
• Best Value Master’s Degree Colleges for Mechanical Engineering (Income $48-$75k)

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.

Credits

• Credit for the banner image above goes to Michel Villeneuve.

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