Longtime readers of ROI-NJ know our feeling on college rankings: They are a dime a dozen.
But, if you are one of those rubbing your dimes together in an effort to put someone through school, you might be interested in a ranking that aims to rate colleges on the return on investment of your tuition.
Degree Choices, which describes itself as “a team of education researchers working together to provide valuable financial advice and guide prospective students to find schools and careers that best suit their needs,” released its rankings this month.
Officials from Degree Choices said they had two parameters: how educational costs measure up to the additional earnings a student can expect to make because of their degree, and how this earning potential compares to that student’s peers.
After evaluating more than 2,200 four-year colleges and universities, nine schools from New Jersey were ranked — including three in the Top 101:
No. 2: Princeton University
No. 39: New Jersey Institute of Technology
No. 101: Stevens Institute of Technology
No. 118: Rutgers University – New Brunswick
No. 167: Montclair State University
No. 189: Seton Hall University
No. 259: Kean University
No. 273: Stockton University
No. 306: Rowan University