2023 best colleges in New Jersey

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 the 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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#1 in New Jersey | #54 in Engineering nationally

Princeton University

Princeton, New Jersey

Economic score: 1.28

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $9,836

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 1.1 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $63,183

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $11,897

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 4%
Graduation rate: 98%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#2 in New Jersey | #161 in Engineering nationally
Economic score: 1.79

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $18,582

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 1.7 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $71,896

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $3,259

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 69%
Graduation rate: 83%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#3 in New Jersey | #213 in Engineering nationally

Rutgers University, New Brunswick

New Brunswick, New Jersey

Economic score: 2.11

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $23,035

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 2.1 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $74,391

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $1,577

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 68%
Graduation rate: 84%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#4 in New Jersey | #281 in Engineering nationally
Economic score: 2.94

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $37,211

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 3.2 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $81,133

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $6,498

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 53%
Graduation rate: 85%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#5 in New Jersey | #302 in Engineering nationally

Rowan University

Glassboro, New Jersey

Economic score: 3.15

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $27,158

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 2.9 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $68,659

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $5,208

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 84%
Graduation rate: 77%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#6 in New Jersey | #303 in Engineering nationally

The College of New Jersey

Ewing, New Jersey

Economic score: 3.16

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $28,245

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 2.8 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $67,966

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $9,022

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 62%
Graduation rate: 86%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#7 in New Jersey | #347 in Engineering nationally

Monmouth University

West Long Branch, New Jersey

Economic score: 6.26

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $29,877

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $57,318

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $33,243

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 84%
Graduation rate: 76%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

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