The report collected data on four-year public universities and colleges in every state throughout the country and calculated averages based on undergraduate graduation rate, student/faculty ratio, average net cost, and 20-year return on investment (ROI).
New Jersey placed fourth on the list as the “best state for higher education” along with Iowa and North Carolina.
Additionally, the average 20-year ROI for graduates of New Jersey’s higher education system is $393,120, fifth highest in the US.
Details on the study, including full methodology and rankings, can be found here.