Best Value Colleges in New Jersey

With the New Jersey College ROI Report, students and their families can identify which colleges provide the highest return on investment for their money.  Read More

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1Stevens Institute of Technology(Private)
20 Year Net ROI$841,000
Total 4 Year Cost$232,000
Grad Rate79%
Time to Graduate5 Years
Loan Amt$44,000
2Princeton University(Private)
20 Year Net ROI$795,700
Total 4 Year Cost$217,300
Grad Rate97%
Time to Graduate4 Years
Loan Amt$17,040
3New Jersey Institute of Technology (NJIT)(In-State)
20 Year Net ROI$680,800
Total 4 Year Cost$122,200
Grad Rate58%
Time to Graduate5 Years
Loan Amt$32,360
4New Jersey Institute of Technology (NJIT)(Out-of-State)
20 Year Net ROI$633,500
Total 4 Year Cost$169,500
Grad Rate58%
Time to Graduate5 Years
Loan Amt$32,360
5Rutgers University - Newark Campus(In-State)
20 Year Net ROI$617,900
Total 4 Year Cost$115,100
Grad Rate68%
Time to Graduate5 Years
Loan Amt$31,720
6Rutgers University - Newark Campus(Out-of-State)
20 Year Net ROI$566,400
Total 4 Year Cost$166,600
Grad Rate68%
Time to Graduate5 Years
Loan Amt$31,720
7Rutgers University - New Brunswick Campus(In-State)
20 Year Net ROI$518,800
Total 4 Year Cost$114,200
Grad Rate80%
Time to Graduate4 Years
Loan Amt$32,240
8The College of New Jersey (TCNJ)(In-State)
20 Year Net ROI$478,800
Total 4 Year Cost$114,200
Grad Rate84%
Time to Graduate4 Years
Loan Amt$35,720
9Rutgers University - New Brunswick Campus(Out-of-State)
20 Year Net ROI$467,300
Total 4 Year Cost$165,700
Grad Rate80%
Time to Graduate4 Years
Loan Amt$32,240
10Seton Hall University - South Orange, NJ(Private)
20 Year Net ROI$467,000
Total 4 Year Cost$196,000
Grad Rate64%
Time to Graduate4 Years
Loan Amt$44,800
11The College of New Jersey (TCNJ)(Out-of-State)
20 Year Net ROI$439,100
Total 4 Year Cost$153,900
Grad Rate84%
Time to Graduate4 Years
Loan Amt$35,720
12Fairleigh Dickinson University (FDU) - Madison, NJ(Private)
20 Year Net ROI$356,000
Total 4 Year Cost$207,000
Grad Rate54%
Time to Graduate4 Years
Loan Amt$38,800
13Montclair State University(In-State)
20 Year Net ROI$339,000
Total 4 Year Cost$104,000
Grad Rate63%
Time to Graduate5 Years
Loan Amt$32,720
14Montclair State University(Out-of-State)
20 Year Net ROI$303,900
Total 4 Year Cost$139,100
Grad Rate63%
Time to Graduate5 Years
Loan Amt$32,720
15Rutgers University - Camden Campus(In-State)
20 Year Net ROI$282,200
Total 4 Year Cost$110,800
Grad Rate56%
Time to Graduate5 Years
Loan Amt$28,800

*NOTE: Unranked schools on this list don’t have on-campus living options, so on-campus costs are not available.

Students who attend colleges and universities in the Garden State enjoy easy access to some of the biggest cities on the East Coast, with New York being of particular note. During the summer, the New Jersey shore is a great place to unwind after a long week of studying. And, of course, New Jersey is home to many schools that provide incredible value for college education. No matter why you're thinking of attending college in the state, consider using PayScale's information to pinpoint the best value colleges in New Jersey before submitting a single application.

Because it's located in Hoboken, Stevens Institute of Technology is just a short distance away from the hubbub and excitement of the Big Apple. Ranked third nationally, the school easily tops our New Jersey College ROI Report rankings. The average cost of an education from Stevens is $232,000. However, alumni report a median return on investment of $841,000. That figure skyrockets to $948,300 with financial aid, making it obvious that Stevens Institute of Technology offers the kind of college return on investment New Jersey students and their families' desire. The school's undergraduate and graduate engineering programs are consistently highly ranked, and there are 29 undergraduate majors from which to choose. Stevens also confers a significant number of STEM degrees each year, so if you're interested in those fields of study, it should be right up your alley.

As an Ivy League school, Princeton University needs little introduction. One of the first of nine colonial colleges, it opened its doors prior to the American Revolution and has enjoyed an impeccable reputation ever since. Ranked 9th nationally in terms of 20 Year Net ROI, the cost of an education from this school averages $217,300. However, alumni of the highly selective school report a median return on investment of $795,700 without financial aid and $932,500 with it, easily making it among the best value colleges New Jersey students can consider. With famous alumni including two U.S. presidents and current First Lady Michelle Obama, Princeton is among the best of the best.

The Newark-based New Jersey Institute of Technology, or NJIT, is ranked 26th nationally when it comes to 20 Year Net ROI, which equals $680,800 without financial aid and $735,000 with it. Located in the city's University Heights neighborhood, the school offers more than 120 degree programs, including 50 undergraduate majors and 78 graduate programs. Known for its ethnic diversity and impeccable academic reputation, NJIT handily offers the kind of value of college education New Jersey residents benefit from.