2023 Best Value Stats Schools in New Jersey For Those Making $0-$30k

It’s not easy to decide which college to attend when there so many options available for students. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Stats Schools in New Jersey For Those Making $0-$30k” ranking.

Statistics is the 85th most popular major in the country with 9,979 degrees awarded in 2020-2021. In 2019-2020, statistics graduates who were awarded their degree in 2017-2019, earned an average of $62,014 and had an average of $20,584 in loans still to pay off.

Across New Jersey, there were 173 statistics graduates with average earnings and debt of $54,910 and $24,250 respectively.

This year’s “Best Value Stats Schools in New Jersey For Those Making $0-$30k” ranking analyzed 2 colleges that offered a degree in statistics. This ranking identifies schools with high-quality statistics 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 statistics program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

More Ways to Rank Statistics Schools

The stats school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Stats Schools in New Jersey For Those Making $0-$30k”.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Stats Schools in New Jersey For Those Making $0-$30k

The following schools top our list of the Best Best Value Stats Schools in New Jersey For Those Making $0-$30k.

Top 2 Best Value Colleges for Statistics (Income $0-$30k) in New Jersey

1

Rutgers University - New Brunswick
New Brunswick, New Jersey

#1 in overall quality

$14,935 Average Net Price

$51,056 Average Early-Career Earnings

You’ll be in good company if you decide to attend Rutgers University - New Brunswick. It ranked #1 on our 2023 Best Value Stats Schools in New Jersey For Those Making $0-$30k list. Rutgers University - New Brunswick is a large school located in New Brunswick, New Jersey that handed out 160 ’s stats degrees in 2020-2021.

Rutgers New Brunswick also took the #1 spot in our “Best Statistics Schools in New Jersey” ranking. The yearly cost to attend Rutgers New Brunswick is $14,935 for new jersey stats students whose families make $0-$30k.

Students who start out at the school are likely to stick around. The freshman retention rate is 93%. 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%.

Full Rutgers New Brunswick Statistics Report

2

New Jersey Institute of Technology
Newark, New Jersey

#2 in overall quality

$12,784 Average Net Price

$64,531 Average Early-Career Earnings

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 Stats Schools in New Jersey For Those Making $0-$30k. New Jersey Institute of Technology is a public institution located in Newark, New Jersey. The school has a fairly large population, and it awarded 11 ’s degrees in 2020-2021.

NJIT not only placed well in this ranking. It is also #2 on our “Best Statistics Schools in New Jersey” list. The estimated yearly cost for NJIT is $12,784 for New Jersey Stats students whose families make $0-$30k.

The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year. 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%.

Full NJIT Statistics Report

• Best Value Colleges for Statistics (Income $0-$30k) in the Middle Atlantic Region
• Best Value Colleges for Statistics (Income $0-$30k)

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 QWFP.