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2023 Best Value Colleges for Engineering (Income $30-$48k) in New Jersey

5 Ranked Colleges
4,830 Degrees Awarded
$16,300 Avg Net Price*
Best Value Engineering Schools in New Jersey For Those Making $30-$48k

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 Engineering Schools in New Jersey For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.

Engineering is one of the most popular majors in the nation, ranking 7th of all the majors we analyze. In 2020-2021, 198,468 degrees were awarded to students with this major. In 2019-2020, engineering graduates who were awarded their degree in 2017-2019, earned an average of $68,653 and had an average of $23,855 in loans still to pay off.

Across New Jersey, there were 4,830 engineering graduates with average earnings and debt of $70,153 and $24,899 respectively.

This year’s “Best Value Engineering Schools in New Jersey For Those Making $30-$48k” ranking looked at 5 colleges that offer degrees in a bachelor’s in engineering. The schools that top this list are recognized because they have great engineering programs and cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the 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.

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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 Engineering Schools in New Jersey For Those Making $30-$48k” list to help you make the college decision.

You can create your own custom comparison that focuses on the factors most important to you using our 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 Engineering Schools in New Jersey For Those Making $30-$48k

The colleges and universities below are the best for new jersey engineering students whose families make $30-$48k.

Top 5 Best Value Colleges for Engineering (Income $30-$48k) in New Jersey

1
Princeton crest
Princeton University
Princeton, New Jersey

You’ll be in good company if you decide to attend Princeton University. It ranked #1 on our 2023 Best Value Engineering Schools in New Jersey For Those Making $30-$48k list. Princeton is a medium-sized school located in Princeton, New Jersey that handed out 331 ’s engineering degrees in 2020-2021.

Princeton also made our “Best Engineering Schools in New Jersey” list, coming in at #1. It costs about $4,502 for New Jersey Engineering students whose families make $30-$48k per year to attend Princeton University.

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.

Read full report on Engineering at Princeton University

2

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 Engineering Schools in New Jersey For Those Making $30-$48k. Located in Newark, New Jersey, this fairly large public school handed out 1,164 degrees to qualified ’s engineering students in 2020-2021.

NJIT also made our “Best Engineering Schools in New Jersey” list, coming in at #3. The yearly cost to attend NJIT is $14,022 for New Jersey Engineering students whose families make $30-$48k.

Students who start out at the school are likely to stick around. The freshman retention rate is 89%. The school has an impressive undergrad student loan default rate. It’s only 4.0%, which is much lower than the national rate of 10.1%.

Read more about Engineering at NJIT

3
Rutgers New Brunswick crest
Rutgers University - New Brunswick
New Brunswick, New Jersey

You’ll join some of the best and brightest minds around if you attend Rutgers University - New Brunswick. The school came in at #3 for the Best Value Engineering Schools in New Jersey For Those Making $30-$48k. Rutgers University - New Brunswick is a public institution located in New Brunswick, New Jersey. The school has a large population, and it awarded 1,191 ’s degrees in 2020-2021.

Rutgers New Brunswick did well in our major quality rankings, too. It placed #4 on our “Best Engineering Schools in New Jersey” list. The yearly cost to attend Rutgers University - New Brunswick is $15,182 for New Jersey Engineering students whose families make $30-$48k.

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 undergrad student loan default rate. It’s only 2.6%, which is much lower than the national rate of 10.1%.

Read full report on Engineering at Rutgers New Brunswick

4
Rowan crest
Rowan University
Glassboro, New Jersey

You’ll be in good company if you decide to attend Rowan University. It ranked #4 on our 2023 Best Value Engineering Schools in New Jersey For Those Making $30-$48k list. Rowan University is a fairly large school located in Glassboro, New Jersey that handed out 401 ’s engineering degrees in 2020-2021.

Rowan also made our “Best Engineering Schools in New Jersey” list, coming in at #5. The estimated yearly cost for Rowan is $21,292 for new jersey engineering students whose families make $30-$48k.

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 more about Engineering at Rowan

5

You’ll be in good company if you decide to attend Stevens Institute of Technology. It ranked #5 on our 2023 Best Value Engineering Schools in New Jersey For Those Making $30-$48k list. Stevens is a medium-sized private not-for-profit school situated in Hoboken, New Jersey. It awarded 1,178 ’s engineering degrees in 2020-2021.

Stevens not only placed well in this ranking. It is also #2 on our “Best Engineering Schools in New Jersey” list. It costs about $26,473 for new jersey engineering students whose families make $30-$48k per year to attend Stevens Institute of Technology.

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 undergrad student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%.

Full Stevens Engineering Report

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