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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  • New Jersey
  • Liberal Arts
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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 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.

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.

Rankings: The ranking order is based on the economic score.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.

Net cost
Payback
Earnings
EarningsPlus
Rankings
Ranking methodology
#1 in New Jersey | #67 in Liberal Arts

Drew University

Madison, New Jersey

Economic score: 3.19

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: $25,776

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

Payback: 3.3 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: $57,185

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

EarningsPlus: + $1,169

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: 80%
Graduation rate: 69%

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.

Bloomfield College

Bloomfield, New Jersey

Economic score: 4.77

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: $19,236

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

Payback: 4.6 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: $44,790

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

EarningsPlus: - $1,261

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: 40%

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.

Pillar College

Newark, New Jersey

Economic score: 19.67

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: $18,737

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

Payback: 15.7 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: $30,497

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

EarningsPlus: - $8,994

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: N/A
Graduation rate: 37%

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.