2023 Best Value Colleges for Medicine (Income $48-$75k) in New Jersey

When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Medicine Schools in New Jersey For Those Making $48-$75k” ranking - to help you make that decision.

In 2020-2021, 28,629 people earned their degree in medicine, making the major the 40th most popular in the United States. In 2019-2020, medicine graduates who were awarded their degree in 2017-2019, earned an average of $57,621 and had an average of $16,640 in loans still to pay off.

Across New Jersey, there were 614 medicine graduates with average earnings and debt of $58,711 and $0 respectively.

This year’s “Best Value Medicine Schools in New Jersey For Those Making $48-$75k” ranking looked at 2 colleges that offer degrees in a bachelor’s in medicine. This ranking identifies schools with high-quality medicine 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 medicine program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.

More Ways to Rank Medicine Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Medicine Schools in New Jersey For Those Making $48-$75k” list, to help you choose the best school for you.

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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Medicine Schools in New Jersey For Those Making $48-$75k

The following schools top our list of the Best Best Value Medicine Schools in New Jersey For Those Making $48-$75k.

Top 2 Best Value Colleges for Medicine (Income $48-$75k) in New Jersey

1

Rutgers University - New Brunswick
New Brunswick, New Jersey

#2 in overall quality

$20,927 Average Net Price

$51,056 Average Early-Career Earnings

Out of the 2 schools in the Best Value Medicine Schools in New Jersey For Those Making $48-$75k that were part of this year’s ranking, Rutgers University - New Brunswick landed the #1 spot on the list. Rutgers New Brunswick is a public institution located in New Brunswick, New Jersey. The school has a large population, and it awarded 346 ’s degrees in 2020-2021.

As a testament to the quality of education offered at Rutgers New Brunswick, the school also landed the #2 spot in our “Best Medicine Schools in New Jersey” ranking. The estimated yearly cost for Rutgers University - New Brunswick is $20,927 for new jersey medicine students whose families make $48-$75k.

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%. With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students.

Read full report on Medicine at Rutgers New Brunswick

2

Rowan University
Glassboro, New Jersey

#1 in overall quality

$27,278 Average Net Price

$45,169 Average Early-Career Earnings

You’ll be in good company if you decide to attend Rowan University. It ranked #2 on our 2023 Best Value Medicine Schools in New Jersey For Those Making $48-$75k list. Rowan is a public institution located in Glassboro, New Jersey. The school has a fairly large population, and it awarded 268 ’s degrees in 2020-2021.

In addition to being on our new jersey medicine students whose families make $48-$75k list, Rowan has also earned the #1 rank in our “Best Medicine Schools in New Jersey” ranking. It costs about $27,278 for New Jersey Medicine students whose families make $48-$75k per year to attend Rowan.

The undergrad student loan default rate at the school is 4.6%, which is quite low when compared to the national default rate of 10.1%.

Read more about Medicine at Rowan University

• Best Value Colleges for Medicine (Income $48-$75k) in the Middle Atlantic Region
• Best Value Colleges for Medicine (Income $48-$75k)

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.