2023 Best Value Stats Schools in New Jersey For Those Making $48-$75k

Students have lots of options to chooose from today when trying to decide which college to attend. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Stats Schools in New Jersey For Those Making $48-$75k” ranking is part of that endeavor.

In 2020-2021, 9,979 people earned their degree in statistics, making the major the 85th most popular in the United States. 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 $48-$75k” ranking looked at 2 colleges that offer degrees in a bachelor’s in statistics. This ranking identifies schools with high-quality statistics 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 statistics 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.

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 $48-$75k”.

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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

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

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

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

1

Rutgers University - New Brunswick
New Brunswick, New Jersey

#1 in overall quality

$20,927 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 $48-$75k list. New Brunswick, New Jersey is the setting for this large institution of higher learning. The public school handed out ’s stats degrees to 160 students in 2020-2021.

Rutgers New Brunswick not only placed well in this ranking. It is also #1 on our “Best Statistics Schools in New Jersey” list. The estimated yearly cost for Rutgers New Brunswick is $20,927 for new jersey stats students whose families make $48-$75k.

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

Full Rutgers New Brunswick Statistics Report

2

New Jersey Institute of Technology
Newark, New Jersey

#2 in overall quality

$18,451 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 $48-$75k. New Jersey Institute of Technology is a fairly large school located in Newark, New Jersey that handed out 11 ’s stats degrees in 2020-2021.

As a testament to the quality of education offered at NJIT, the school also landed the #2 spot in our “Best Statistics Schools in New Jersey” ranking. It costs about $18,451 for New Jersey Stats students whose families make $48-$75k per year to attend NJIT.

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%. With a freshman retention rate of 89%, the school does an excellent job of retaining its undergraduate students.

Read more about Statistics at New Jersey Institute of Technology

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

Credits

• Credit for the banner image above goes to QWFP.