NJIT ranks No. 14 nationally in Money’s 2022 list of ‘Best Colleges’

New Jersey Institute of Technology was ranked No. 14 in the U.S. by Money in its list of Best Colleges for 2022, according to a Monday announcement.

Money evaluated more than 600 institutions, focusing on 24 factors in three main categories that surveys have shown are the most important to students: quality of education, affordability and alumni outcomes.

The rankings analyzed data points such as graduation rates, net price of a degree, family borrowing and alumni earnings to find the country’s top values.

Joel Bloom. (File photo)

“This is a great recognition for NJIT, to be ranked 14th in the country, because the Money ranking specifically examines the factors that are most important to students,” NJIT President Joel Bloom said. “As a public polytechnic university, NJIT prepares students for success in the STEM fields that are both critical to businesses and in high demand across all industries.”

In compiling its 2022 Best Colleges ranking, Money incorporated earning and employment data reported in the federal College Scorecard.

Money’s 2022 Top 10 Best Colleges are as follows:

  1. University of Michigan
  2. University of North Carolina at Chapel Hill
  3. University of Virginia
  4. Massachusetts Maritime Academy
  5. Virginia Military Institute
  6. Georgia Institute of Technology
  7. University of Illinois at Urbana-Champaign
  8. University of Florida
  9. University of California, Irvine
  10. University of California, Davis

“This year’s Best Colleges list is a new take on our longstanding commitment to helping families make a smart college choice,” Money Executive Editor Mike Ayers said. “We changed things up so more students could use this list to make educated choices about investing in their future.”

NJIT recently announced that it ranked No. 96 globally in the 2022 Times Higher Education Impact Rankings, which recognize institutions addressing issues raised by the United Nations’ Sustainable Development Goals. And the university reaffirmed its status as a Top 50 Best Value College among public institutions in the U.S., according to the Princeton Review, which ranks NJIT No. 33 in that category and No. 11 nationally for Best Career Placement among public institutions.