2023 Best Value Colleges for Mechanical Engineering (Income Over $110k) in New Jersey
6
Ranked Colleges
945
Degrees Awarded
$34,500
Avg Net Price*
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Vallue ME Schools in New Jersey For Those Making Over $110k” ranking as one item you can use to help make this decision.
In 2020-2021, 46,178 people earned their degree in mechanical engineering, making the major the 21st most popular in the United States. 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 Vallue ME Schools in New Jersey For Those Making Over $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.
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. For more information, check out our ranking methodology.
One Size Does Not Fit All
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 Vallue ME Schools in New Jersey For Those Making Over $110k” list to help you make the college decision.
We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to 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.
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Best Vallue ME Schools in New Jersey For Those Making Over $110k
The colleges and universities below are the best for new jersey me students whose families make more than $110k.
Top 6 Best Value Colleges for Mechanical Engineering (Income Over $110k) in New Jersey
You’ll join some of the best and brightest minds around if you attend New Jersey Institute of Technology. The school came in at #1 for the Best Vallue ME Schools in New Jersey For Those Making Over $110k. New Jersey Institute of Technology 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 yearly cost to attend New Jersey Institute of Technology is $18,582 for New Jersey ME students whose families make more than $110k.
With a freshman retention rate of 89%, the school does an excellent job of retaining its undergraduate students. 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%.
Full New Jersey Institute of Technology Mechanical Engineering Report
You’ll join some of the best and brightest minds around if you attend Rutgers University - New Brunswick. The school came in at #2 for the Best Vallue ME Schools in New Jersey For Those Making Over $110k. Located in New Brunswick, New Jersey, this large public school handed out 205 degrees to qualified ’s ME students 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 yearly cost to attend Rutgers University - New Brunswick is $23,035 for New Jersey ME students whose families make more than $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.
Read full report on Mechanical Engineering at Rutgers New Brunswick
Out of the 6 schools in the Best Vallue ME Schools in New Jersey For Those Making Over $110k that were part of this year’s ranking, Princeton University landed the #3 spot on the list. Located in Princeton, New Jersey, this medium-sized private not-for-profit school awarded 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 estimated yearly cost for Princeton is $9,836 for new jersey me students whose families make more than $110k.
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.
Full Princeton Mechanical Engineering Report
You’ll be in good company if you decide to attend The College of New Jersey. It ranked #4 on our 2023 Best Vallue ME Schools in New Jersey For Those Making Over $110k list. The College of New Jersey 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. The yearly cost to attend The College of New Jersey is $28,245 for new jersey me students whose families make more than $110k.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
Full The College of New Jersey Mechanical Engineering Report
You’ll be in good company if you decide to attend Rowan University. It ranked #5 on our 2023 Best Vallue ME Schools in New Jersey For Those Making Over $110k list. This fairly large school is located in Glassboro, New Jersey, and it awarded 92 ’s ME degrees in 2020-2021.
Rowan also took the #6 spot in our “Best Mechanical Engineering Schools in New Jersey” ranking. The yearly cost to attend Rowan University is $27,158 for new jersey me students whose families make more than $110k.
The school has an impressive undergrad student loan default rate. It’s only 4.6%, which is much lower than the national rate of 10.1%.
Read full report on Mechanical Engineering at Rowan University
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