2023 Best Value Colleges for Engineering (Income Over $110k) in New Jersey
5
Ranked Colleges
4,830
Degrees Awarded
$34,700
Avg Net Price*
It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Vallue Engineering Schools in New Jersey For Those Making Over $110k” ranking is part of that endeavor.
In 2020-2021, 198,468 engineering students received their degree, making the major the 7th most popular in the country. 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 Vallue Engineering Schools in New Jersey For Those Making Over $110k” ranking analyzed 5 colleges that offered a degree in engineering. This ranking identifies schools with high-quality 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 engineering program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.
More Ways to Rank Engineering Schools
Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Vallue Engineering Schools in New Jersey For Those Making Over $110k” ranking, along with many other major-related rankings, to help you make that decision.
One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important 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.
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Best Vallue Engineering Schools in New Jersey For Those Making Over $110k
The following schools top our list of the Best Best Vallue Engineering Schools in New Jersey For Those Making Over $110k.
Top 5 Best Value Colleges for Engineering (Income Over $110k) in New Jersey
You’ll be in good company if you decide to attend New Jersey Institute of Technology. It ranked #1 on our 2023 Best Vallue Engineering Schools in New Jersey For Those Making Over $110k list. This fairly large school is located in Newark, New Jersey, and it awarded 1,164 ’s engineering degrees in 2020-2021.
NJIT also took the #3 spot in our “Best Engineering Schools in New Jersey” ranking. The yearly cost to attend New Jersey Institute of Technology is $18,582 for New Jersey Engineering students whose families make more than $110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 89%. 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 full report on Engineering at New Jersey Institute of Technology
You’ll join some of the best and brightest minds around if you attend Princeton University. The school came in at #2 for the Best Vallue Engineering Schools in New Jersey For Those Making Over $110k. This medium-sized school is located in Princeton, New Jersey, and it awarded 331 ’s engineering degrees in 2020-2021.
Princeton did well in our major quality rankings, too. It placed #1 on our “Best Engineering Schools in New Jersey” list. The estimated yearly cost for Princeton is $9,836 for new jersey engineering students whose families make more than $110k.
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. The school has an impressive undergrad student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%.
Full Princeton University 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 #3 for the Best Vallue Engineering Schools in New Jersey For Those Making Over $110k. Rutgers New Brunswick is a large school located in New Brunswick, New Jersey that handed out 1,191 ’s engineering degrees in 2020-2021.
Rutgers New Brunswick also made our “Best Engineering Schools in New Jersey” list, coming in at #4. It costs about $23,035 for New Jersey Engineering students whose families make more than $110k per year to attend Rutgers University - New Brunswick.
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 low undergrad student loan default rate of 2.6% 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%.
Read more about Engineering at Rutgers New Brunswick
You’ll be in good company if you decide to attend Rowan University. It ranked #4 on our 2023 Best Vallue Engineering Schools in New Jersey For Those Making Over $110k list. Rowan is a public institution located in Glassboro, New Jersey. The school has a fairly large population, and it awarded 401 ’s degrees in 2020-2021.
Rowan also made our “Best Engineering Schools in New Jersey” list, coming in at #5. The yearly cost to attend Rowan is $27,158 for new jersey engineering students whose families make more than $110k.
The low undergrad student loan default rate of 4.6% 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%.
Read full report on Engineering at Rowan
Out of the 5 schools in the Best Vallue Engineering Schools in New Jersey For Those Making Over $110k that were part of this year’s ranking, Stevens Institute of Technology landed the #5 spot on the list. Located in Hoboken, New Jersey, this medium-sized private not-for-profit school awarded 1,178 diplomas to qualified ’s engineering students in 2020-2021.
Stevens not only placed well in this ranking. It is also #2 on our “Best Engineering Schools in New Jersey” list. The yearly cost to attend Stevens is $37,211 for new jersey engineering students whose families make more than $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%.
Full Stevens Engineering Report
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