2023 Best Value ME Schools in New Jersey For Those Making $75-$110k
6
Ranked Colleges
945
Degrees Awarded
$28,100
Avg Net Price*
When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value ME Schools in New Jersey For Those Making $75-$110k” ranking is part of that endeavor.
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 $75-$110k” ranking looked at 6 colleges that offer degrees in a bachelor’s in mechanical engineering. This ranking identifies schools with high-quality mechanical engineering programs that also have a lower cost than 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. For more information, check out our ranking methodology.
More Ways to Rank Mechanical Engineering Schools
The me 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 ME Schools in New Jersey For Those Making $75-$110k”.
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. 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 $75-$110k
The colleges and universities below are the best for new jersey me students whose families make $75-$110k.
Top 6 Best Value Colleges for Mechanical Engineering (Income $75-$110k) in New Jersey
Out of the 6 schools in the Best Value ME Schools in New Jersey For Those Making $75-$110k that were part of this year’s ranking, Princeton University landed the #1 spot on the list. Princeton, New Jersey is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s ME degrees to 69 students in 2020-2021.
Princeton also made our “Best Mechanical Engineering Schools in New Jersey” list, coming in at #1. The estimated yearly cost for Princeton University is $18,205 for New Jersey ME students whose families make $75-$110k.
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%.
Read more about Mechanical Engineering at Princeton University
You’ll join some of the best and brightest minds around if you attend New Jersey Institute of Technology. The school came in at #2 for the Best Value ME Schools in New Jersey For Those Making $75-$110k. This fairly large school is located in Newark, New Jersey, and it awarded 281 ’s ME degrees in 2020-2021.
NJIT not only placed well in this ranking. It is also #3 on our “Best Mechanical Engineering Schools in New Jersey” list. It costs about $23,854 for new jersey me students whose families make $75-$110k per year to attend New Jersey Institute of Technology.
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%. The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year.
Read more about Mechanical Engineering at NJIT
You’ll be in good company if you decide to attend Rutgers University - New Brunswick. It ranked #3 on our 2023 Best Value ME Schools in New Jersey For Those Making $75-$110k list. Rutgers New Brunswick is a public institution located in New Brunswick, New Jersey. The school has a large population, and it awarded 205 ’s 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 $28,245 for new jersey me students whose families make $75-$110k.
The school has an impressive undergrad student loan default rate. It’s only 2.6%, which is much lower than the national 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.
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 $75-$110k list. Stevens is a medium-sized school located in Hoboken, New Jersey that handed out 257 ’s ME degrees in 2020-2021.
Stevens also made our “Best Mechanical Engineering Schools in New Jersey” list, coming in at #2. The yearly cost to attend Stevens is $34,577 for new jersey me students whose families make $75-$110k.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.
Read full report on Mechanical Engineering at Stevens Institute of Technology
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 $75-$110k. 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.
In addition to being on our new jersey me students whose families make $75-$110k list, TCNJ has also earned the #5 rank in our “Best Mechanical Engineering Schools in New Jersey” ranking. The estimated yearly cost for The College of New Jersey is $32,381 for New Jersey ME students whose families make $75-$110k.
The low undergrad student loan default rate of 1.3% 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 94%, which means students like the school well enough to return for a second year.
Read more about Mechanical Engineering at TCNJ
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