2022 Best Value Bachelor’s Degree Colleges for Mechanical Engineering in New Jersey (With Aid)
It’s not easy to decide which college to attend when there so many options available for students. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value ME Schools for a Bachelor’s in New Jersey For Those Getting Aid” ranking is one tool we have developed to help in this regard.
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 bachelor’s degree level specifically, there were 725 mechanical engineering graduates with average earnings and debt of $39,288 and $24,807 respectively.
For this year’s “Best Value ME Schools for a Bachelor’s in New Jersey For Those Getting Aid” ranking, we looked at 6 colleges that offer 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.
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.
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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 for a Bachelor’s in New Jersey For Those Getting Aid” list, to help you choose the best school for you.
In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value ME Schools for a Bachelor’s in New Jersey For Those Getting Aid
The following schools top our list of the Best Best Value ME Schools for a Bachelor’s in New Jersey For Those Getting Aid.
Top 6 Best Value Bachelor’s Degree Colleges for Mechanical Engineering in New Jersey (With Aid)
You’ll be in good company if you decide to attend Princeton University. It ranked #1 on our 2022 Best Value ME Schools for a Bachelor’s in New Jersey For Those Getting Aid list. Princeton, New Jersey is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s ME degrees to 52 students in 2019-2020.
As a testament to the quality of education offered at Princeton, the school also landed the #1 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in New Jersey” ranking. The yearly cost to attend Princeton is $11,317 for new jersey bachelor’s degree me students with aid.
The student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%. Since the school has a student-to-faculty ratio of 4 to 1, those pursuing a degree will have more opportunities to interact with their professors.
You’ll be in good company if you decide to attend Rutgers University - New Brunswick. It ranked #2 on our 2022 Best Value ME Schools for a Bachelor’s in New Jersey For Those Getting Aid list. Rutgers New Brunswick is a large school located in New Brunswick, New Jersey that handed out 203 bachelors’s ME degrees in 2019-2020.
Rutgers New Brunswick also took the #3 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in New Jersey” ranking. It costs about $21,654 for New Jersey Bachelor’s Degree ME students with aid per year to attend Rutgers New Brunswick.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.
Read more about Mechanical Engineering at Rutgers University - New Brunswick
You’ll join some of the best and brightest minds around if you attend New Jersey Institute of Technology. The school came in at #3 for the Best Value ME Schools for a Bachelor’s in New Jersey For Those Getting Aid. New Jersey Institute of Technology is a fairly large public school situated in Newark, New Jersey. It awarded 195 bachelors’s ME degrees in 2019-2020.
NJIT also made our “Best Mechanical Engineering Bachelor’s Degree Schools in New Jersey” list, coming in at #4. The estimated yearly cost for NJIT is $19,706 for new jersey bachelor’s degree me students with aid.
Students who start out at the school are likely to stick around. The freshman retention rate is 89%. The low student loan default rate of 4.9% 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%.
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 for a Bachelor’s in New Jersey For Those Getting Aid. This medium-sized school is located in Ewing, New Jersey, and it awarded 33 bachelors’s ME degrees in 2019-2020.
TCNJ did well in our major quality rankings, too. It placed #5 on our “Best Mechanical Engineering Bachelor’s Degree Schools in New Jersey” list. It costs about $27,541 for New Jersey Bachelor’s Degree ME students with aid per year to attend The College of New Jersey.
The low student loan default rate of 1.6% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
Out of the 6 schools in the Best Value ME Schools for a Bachelor’s in New Jersey For Those Getting Aid that were part of this year’s ranking, Rowan University landed the #5 spot on the list. Glassboro, New Jersey is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s ME degrees to 101 students in 2019-2020.
As a testament to the quality of education offered at Rowan, the school also landed the #6 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in New Jersey” ranking. It costs about $25,454 for new jersey bachelor’s degree me students with aid per year to attend Rowan.
Read full report on Mechanical Engineering at Rowan University
Stevens Institute of Technology did quite well in the 2022 Best Value ME Schools for a Bachelor’s in New Jersey For Those Getting Aid ranking, coming in at #6. Stevens Institute of Technology is a medium-sized school located in Hoboken, New Jersey that handed out 141 bachelors’s ME degrees in 2019-2020.
Stevens did well in our major quality rankings, too. It placed #2 on our “Best Mechanical Engineering Bachelor’s Degree Schools in New Jersey” list. It costs about $37,588 for New Jersey Bachelor’s Degree ME students with aid per year to attend Stevens.
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 school has an impressive student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%.
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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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