Degree Dividend
Sourced from federal dataEvery figure datedNo rankings for sale

The cost of college in New Jersey — and what it pays back

Across the 78 New Jersey institutions we profile, the median net price — what students actually pay after grants and scholarships — is $20,418/yr, $3,516 above the $16,902 national median. Graduates earn a median $46,396 ten years after entry (above the $43,549 national median), and 34 of the 78 schools clear their full cost on institution-wide earnings. (Scorecard, 2026 · our math.)

$20,418
Median net price / yr
Scorecard, 2026
$46,396
Median earnings, 10 yrs
Scorecard, 2026
6.3 yrs
Median payback
Our math, 2026
34/78
Schools that pay back
Our math, 2026

How New Jersey's 78 colleges split by ROI verdict

Strong
12
Solid
13
Slow
8
Weak
45

Verdicts: payback under 5 / 10 / 20 / over 20 years (or none).

Best-value New Jersey colleges — fastest payback
CollegeNet price/yrEarnings 10yPayback
Princeton University$6,128$110,0660.4 yrs
Yeshiva Toras Chaim$5,356$62,5261.5 yrs
New Jersey Institute of Technology$16,504$84,2761.8 yrs
Stevens Institute of Technology$41,346$108,7722.7 yrs
Rutgers University-Camden$18,745$74,4792.9 yrs
Cheapest New Jersey colleges by net price
CollegeNet price/yrEarnings 10yPayback
Middlesex College$2,288$46,861no payback
Essex County College$4,436$37,230no payback
Mercer County Community College$5,279$43,264no payback
Rowan College at Burlington County$5,344$44,745no payback
Yeshiva Toras Chaim$5,356$62,5261.5 yrs

How many New Jersey colleges actually pay for themselves?

34 of 78 — 44% of the New Jersey institutions we profile clear their full net cost on institution-wide earnings above the $48,360 high-school baseline. The rest need a high-paying major to pay off; the school average alone does not do it.

Do New Jersey graduates out-earn the national median?

New Jersey graduates report a median $46,396 ten years after entry, $2,848 above the $43,549 national median. Earnings track the local labour market and the mix of fields the state's colleges graduate, not the state border itself.

Frequently asked questions

How much does college cost in New Jersey?
The median net price across New Jersey colleges is $20,418/yr after aid — above the $16,902 national median. Sticker prices run far higher; net price is what the typical aided student actually pays.
Is college in New Jersey cheaper than the national average?
No — the median New Jersey net price of $20,418/yr runs about $3,516/yr above the $16,902 national median. Individual schools vary widely, so check each profile.
What do New Jersey college graduates earn?
A median $46,396 ten years after entry (College Scorecard), above the $43,549 national median.
Which New Jersey college pays for itself fastest?
Princeton University — about 0.4 years to clear its $24,512 total net cost on earnings above the high-school baseline. The full ranking is on our best-colleges-in-new-jersey page.