2022 best colleges in New Jersey best-colleges

New Jersey is home to two of the nine colleges founded before the American Revolution: Princeton University (formerly the College of New Jersey) and Rutgers University (formerly Queen’s College). In present day, both of these universities lead the nation in terms of academics and research. Just a short commute from New York City in Hoboken, students will find the first college dedicated to mechanical engineering in the United States – Stevens Institute of Technology. Beyond traditional colleges and universities, the state has a notable number of Talmudic institutions, such as the Rabbinical College of America.

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Net cost: The median annual cost of all students that receive any aid. This does not refer to the “sticker price”, the price listed by the college.

Earnings: The median earnings of all bachelor-level students 10 years after enrollment. This includes both students that do and do not graduate, across all majors.

Payback: The amount of time in years it takes to pay off the median net cost by the median earnings. For this calculation, the median earning of high school graduates (in the school’s home state) are deducted from the median earnings.

Degree premium: The difference between the school’s median earnings and the median earnings for all schools in the same state. This is called “Vs. state average” in school profiles below.

Ranking: The payback rate is divided by the degree premium (set as a percentage), the lower the number the higher the rank. (i.e. payback=1, degree premium 20% higher than state school median: 1/120% = .883.

Net cost
Earnings
Payback
Degree premium
Rankings
Ranking methodology
#1 in New Jersey

Princeton University

Princeton, New Jersey

Admission rate: 6%

Grad rate: 97%

Net cost: $11,317

Payback: Under a year

Earnings: $95,689

Vs. state average: + $50,066

Economic score: 0.31

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#2 in New Jersey

New Jersey Institute of Technology

Newark, New Jersey

Admission rate: 67%

Grad rate: 81%

Net cost: $19,706

Payback: 1.6 Years

Earnings: $80,043

Vs. state average: + $34,420

Economic score: 0.93

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#3 in New Jersey

Stevens Institute of Technology

Hoboken, New Jersey

Admission rate: 54%

Grad rate: 88%

Net cost: $37,588

Payback: 2.3 Years

Earnings: $98,159

Vs. state average: + $52,536

Economic score: 1.06

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#4 in New Jersey

Rutgers University-Camden

Camden, New Jersey

Admission rate: 77%

Grad rate: 69%

Net cost: $13,660

Payback: 1.6 Years

Earnings: $65,661

Vs. state average: + $20,038

Economic score: 1.08

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#5 in New Jersey

Rutgers University-Newark

Newark, New Jersey

Admission rate: 75%

Grad rate: 71%

Net cost: $14,109

Payback: 1.6 Years

Earnings: $65,661

Vs. state average: + $20,038

Economic score: 1.14

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#6 in New Jersey

Rutgers University-New Brunswick

New Brunswick, New Jersey

Admission rate: 67%

Grad rate: 81%

Net cost: $21,654

Payback: 2.3 Years

Earnings: $65,661

Vs. state average: + $20,038

Economic score: 1.59

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#7 in New Jersey

Fairleigh Dickinson University-Metropolitan Campus

Teaneck, New Jersey

Admission rate: 89%

Grad rate: 50%

Net cost: $15,147

Payback: 2.1 Years

Earnings: $55,994

Vs. state average: + $10,371

Economic score: 1.74

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#8 in New Jersey

Saint Peter's University

Jersey City, New Jersey

Admission rate: 85%

Grad rate: 54%

Net cost: $11,957

Payback: 2.0 Years

Earnings: $51,027

Vs. state average: + $5,404

Economic score: 1.81

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#9 in New Jersey

Seton Hall University

South Orange, New Jersey

Admission rate: 79%

Grad rate: 70%

Net cost: $29,845

Payback: 2.8 Years

Earnings: $68,441

Vs. state average: + $22,818

Economic score: 1.88

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#10 in New Jersey

Ramapo College of New Jersey

Mahwah, New Jersey

Admission rate: 67%

Grad rate: 73%

Net cost: $21,729

Payback: 2.6 Years

Earnings: $60,019

Vs. state average: + $14,396

Economic score: 2.00

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#11 in New Jersey

The College of New Jersey

Ewing, New Jersey

Admission rate: 52%

Grad rate: 85%

Net cost: $27,541

Payback: 2.9 Years

Earnings: $65,481

Vs. state average: + $19,858

Economic score: 2.01

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#12 in New Jersey

Felician University

Lodi, New Jersey

Admission rate: 94%

Grad rate: 53%

Net cost: $16,877

Payback: 2.6 Years

Earnings: $54,650

Vs. state average: + $9,027

Economic score: 2.18

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#13 in New Jersey

Caldwell University

Caldwell, New Jersey

Admission rate: 92%

Grad rate: 51%

Net cost: $15,601

Payback: 2.5 Years

Earnings: $51,823

Vs. state average: + $6,200

Economic score: 2.19

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#14 in New Jersey

Montclair State University

Montclair, New Jersey

Admission rate: 83%

Grad rate: 71%

Net cost: $18,034

Payback: 2.7 Years

Earnings: $54,289

Vs. state average: + $8,666

Economic score: 2.31

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#15 in New Jersey

Fairleigh Dickinson University-Florham Campus

Madison, New Jersey

Admission rate: 87%

Grad rate: 56%

Net cost: $22,809

Payback: 3.1 Years

Earnings: $55,994

Vs. state average: + $10,371

Economic score: 2.55

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#16 in New Jersey

Drew University

Madison, New Jersey

Admission rate: 74%

Grad rate: 63%

Net cost: $25,386

Payback: 3.2 Years

Earnings: $57,185

Vs. state average: + $11,562

Economic score: 2.58

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#17 in New Jersey

Monmouth University

West Long Branch, New Jersey

Admission rate: 79%

Grad rate: 72%

Net cost: $29,548

Payback: 3.6 Years

Earnings: $59,513

Vs. state average: + $13,890

Economic score: 2.74

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#18 in New Jersey

Stockton University

Galloway, New Jersey

Admission rate: 78%

Grad rate: 77%

Net cost: $19,678

Payback: 3.2 Years

Earnings: $51,729

Vs. state average: + $6,106

Economic score: 2.78

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#19 in New Jersey

Centenary University

Hackettstown, New Jersey

Admission rate: 93%

Grad rate: 61%

Net cost: $20,474

Payback: 3.3 Years

Earnings: $51,404

Vs. state average: + $5,781

Economic score: 2.90

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#20 in New Jersey

Rider University

Lawrenceville, New Jersey

Admission rate: 76%

Grad rate: 68%

Net cost: $27,964

Payback: 3.7 Years

Earnings: $56,442

Vs. state average: + $10,819

Economic score: 2.99

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