NJIT Earns Top Rating in Money's List of the Best Colleges in America
New Jersey Institute of Technology (NJIT) earned the top rating in Money’s 2024 analysis of the Best Colleges in America.
With five stars, NJIT tied Princeton University as the highest-rated university in New Jersey and matched STEM schools like MIT, Georgia Institute of Technology and California Institute of Technology.
The rating marks an improvement from last year, when NJIT earned 4 ½ stars. In 2023, Money shifted from a numerical ranking of the top universities and colleges in the U.S. to individual ratings, based on factors such as graduation rates, cost of attendance, financial aid and alumni salaries.
Just 745 schools made the Best Colleges cohort this year; of those, 54, or 7%, earned five stars.
“This rating affirms the quality and value of an NJIT education, which is both attractive and affordable,” NJIT President Teik C. Lim said. “We prepare students to pursue their passions and to thrive in the technology-driven economy of today and the future. And like our students, we focus on results.”
In its rating of NJIT, Money noted:
Most classes are small, and academics are focused on skills training for future careers. The most popular of its about 50 undergraduate degrees are engineering, computer and information sciences, and business. NJIT boasts an 82% six-year graduation rate, and all that hard work pays off: Students report early-career earnings of $84,500 a decade after enrolling.
To read the full rating, please go to https://money.com/best-colleges/ and type New Jersey Institute of Technology into the search bar. Also, for more on the Best Colleges methodology, please go here: https://money.com/best-colleges-in-america-2024/.
About New Jersey Institute of Technology
New Jersey Institute of Technology (NJIT) is the greatest producer of technological talent and knowledge in New Jersey and is a nexus of innovation — a physical and intellectual focal point for innovative ideas, actions and people. NJIT is the only polytechnic university that is an R1 (highest) Carnegie Classification research university and is designated both an Asian-American and Hispanic-serving institution. The New York Times college ranking tool rates NJIT No. 1 nationally among all public universities when you prioritize high alumni earnings, economic mobility and academic profile, and The Wall Street Journal rates NJIT No. 19 overall and No. 2 among public universities in the United States. Additionally, NJIT stands among the top 100 universities in the country for alumni mid-career earnings, according to PayScale.com, is ranked No. 35 nationally by The Princeton Review as a Best Value College and is rated among the top 50 public national universities and top 100 overall by U.S. News & World Report.
