2023 Best Value ME Schools in New Jersey For Those Making $48-$75k
6
Ranked Colleges
945
Degrees Awarded
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 in New Jersey For Those Making $48-$75k” ranking as one item you can use to help make this decision.
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 $48-$75k” ranking analyzed 6 colleges that offered 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.
Some of the factors we look at when determining these rankings are overall quality of the mechanical 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.
More Ways to Rank Mechanical Engineering Schools
When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value ME Schools in New Jersey For Those Making $48-$75k” list to help you make the college decision.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value ME Schools in New Jersey For Those Making $48-$75k
The following schools top our list of the Best Best Value ME Schools in New Jersey For Those Making $48-$75k.
Top 6 Best Value Colleges for Mechanical Engineering (Income $48-$75k) in New Jersey
Out of the 6 schools in the Best Value ME Schools in New Jersey For Those Making $48-$75k that were part of this year’s ranking, Princeton University landed the #1 spot on the list. Located in Princeton, New Jersey, this medium-sized private not-for-profit school handed out 69 degrees 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 yearly cost to attend Princeton University is $5,542 for new jersey me students whose families make $48-$75k.
The undergraduate student-to-faculty ratio of 4 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The low undergrad student loan default rate of 0.7% 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 Princeton Mechanical Engineering Report
Out of the 6 schools in the Best Value ME 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. 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.
In addition to being on our new jersey me students whose families make $48-$75k list, NJIT has also earned the #3 rank in our “Best Mechanical Engineering Schools in New Jersey” ranking. The estimated yearly cost for NJIT is $18,451 for new jersey me students whose families make $48-$75k.
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 New Jersey Institute of Technology
Out of the 6 schools in the Best Value ME Schools 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. New Brunswick, New Jersey is the setting for this large institution of higher learning. The public school handed out ’s ME degrees to 205 students in 2020-2021.
Rutgers New Brunswick not only placed well in this ranking. It is also #4 on our “Best Mechanical Engineering Schools in New Jersey” list. The estimated yearly cost for Rutgers University - New Brunswick is $20,927 for new jersey me students whose families make $48-$75k.
With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students. 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%.
Full Rutgers University - New Brunswick Mechanical Engineering Report
You’ll be in good company if you decide to attend Stevens Institute of Technology. It ranked #4 on our 2023 Best Value ME Schools in New Jersey For Those Making $48-$75k list. Stevens is a private not-for-profit institution located in Hoboken, New Jersey. The school has a medium-sized population, and it awarded 257 ’s degrees in 2020-2021.
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 Institute of Technology is $28,483 for New Jersey ME students whose families make $48-$75k.
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%. 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 Mechanical Engineering at Stevens
You’ll join some of the best and brightest minds around if you attend The College of New Jersey. The school came in at #5 for the Best Value ME Schools in New Jersey For Those Making $48-$75k. The College of New Jersey is a medium-sized school located in Ewing, New Jersey that handed out 41 ’s ME degrees in 2020-2021.
TCNJ also made our “Best Mechanical Engineering Schools in New Jersey” list, coming in at #5. The yearly cost to attend TCNJ is $25,434 for new jersey me students whose families make $48-$75k.
The school has an impressive undergrad student loan default rate. It’s only 1.3%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
Read full report on Mechanical Engineering at The College of New Jersey
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