2023 Best Value Colleges for Statistics in New Jersey (With Aid)
2
Ranked Colleges
173
Degrees Awarded
$20,800
Avg Net Price*
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Stats Schools in New Jersey For Those Getting Aid” ranking as one item you can use to help make this decision.
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 Getting Aid” 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.
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.
One Size Does Not Fit All
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 Stats Schools in New Jersey For Those Getting Aid” list to help you make the college decision.
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. 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 Stats Schools in New Jersey For Those Getting Aid
The colleges and universities below are the best for new jersey stats students with aid.
Top 2 Best Value Colleges for Statistics in New Jersey (With Aid)
Out of the 2 schools in the Best Value Stats Schools in New Jersey For Those Getting Aid that were part of this year’s ranking, Rutgers University - New Brunswick landed the #1 spot on the list. This large school is located in New Brunswick, New Jersey, and it awarded 160 ’s stats degrees 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 yearly cost to attend Rutgers New Brunswick is $23,035 for New Jersey Stats students with aid.
With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students. 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 full report on Statistics at Rutgers University - New Brunswick
You’ll be in good company if you decide to attend New Jersey Institute of Technology. It ranked #2 on our 2023 Best Value Stats Schools in New Jersey For Those Getting Aid list. NJIT is a fairly large public school situated in Newark, New Jersey. It awarded 11 ’s stats degrees in 2020-2021.
NJIT also took the #2 spot in our “Best Statistics Schools in New Jersey” ranking. The yearly cost to attend New Jersey Institute of Technology is $18,582 for New Jersey Stats students with aid.
The undergrad student loan default rate at the school is 4.0%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year.
Full New Jersey Institute of Technology Statistics Report
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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
- *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.
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