New Jersey’s Best Colleges and Universities by Academic Stewardship

Published: May 2, 2022
Updated: Nov 3, 2022

What are the best colleges and universities in New Jersey if you reward schools for making the best use of their limited resources? Academic Stewardship asks how effectively schools manage their financial and human resources to gain the influence that makes them academically excellent. Schools that are exemplary in Academic Stewardship are doing everything in their power to help students and faculty achieve their full potential.

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Colleges and universities in New Jersey deserve to be recognized when they do more with less. It’s impressive when a large wealthy school can spend money lavishly on expensive buildings and programs. But it’s even more impressive when a small school with limited means is able to train and inspire students that the larger wealthier schools tend to ignore.

The American Association of Colleges and Universities reported in late 2021 that almost 75 percent of higher-education professionals at US colleges and universities felt financial constraints prevented their schools from effectively attracting students. Distracted by the size and amenities of larger schools, prospective students tended especially to be overawed by the big research universities.

New Jersey’s smaller colleges, especially its liberal arts colleges, need effective ways of communicating their value to a world that celebrates “bigger is better” and “you need the best.” Unfortunately, most college ranking companies, such as U.S. News & World Report, define “best” in a way that devalues schools with smaller budgets and fewer students even when these schools do remarkable work in advancing their students’ education. By and large, college rankings penalize schools that serve underserved populations.

Inspired by Malcolm Gladwell, who for years now has criticized conventional college rankings for misrepresenting what’s good and valuable in education, we decided to construct a new ranking metric that highlights those schools that do more with less. That metric—called the Academic Stewardship metric—takes away both the size and the wealth advantage of schools, and focuses instead on how well schools use the resources available to them to advance the education of their students.

How We Measure the Academic Stewardship of New Jersey’s Colleges and Universities

As a metric, Academic Stewardship is defined by a precise mathematical formula, which can be found in our Academic Stewardship white paper. Measuring the Academic Stewardship of New Jersey’s colleges requires measuring two forms of stewardship: 1) Stewardship of financial resources (using the money they have responsibility without waste) and 2) Stewardship of human resources (doing their best to help students, faculty, and administration to flourish). Together, these two types of stewardship form what we call Academic Stewardship. If you want to learn more about the factors involved in Academic Stewardship, click the more button below.

Stewardship of financial resources: To determine a school’s stewardship of financial resources, we factored in its undergraduate size, budget, endowments and reserves, as well as tuition and fees. All these data are available from the National Center for Educational Statistics Integrated Postsecondary Education Data System. In addition, we factored in a school’s financial responsibility as gauged by the Federal Student Aid Office at the US Department of Education through its financial responsibility composite scores.
Stewardship of human resources: To determine a school’s stewardship of human resources, we used our InfluenceRanking engine to track the influence of the school’s faculty and alumni but also to control for size of the undergraduate student body. We’ve found that measuring a school’s influence based on the contributions of faculty and alumni make in their fields of study but then also controlling for size of the undergraduate population is the single best indicator of academic excellence. We call this Concentrated Influence. Schools that rank highly in Concentrated Influence are schools that, given their available human resources, invest heavily in their students and faculty, and the results are demonstrable.
- We measure the influence of colleges and universities based on the publications and citations of the schools’ faculty and alumni who are teaching in and working in areas related to their degrees. To do this, we take publicly available databases, such as Semantic Scholar, Crossref, and Wikipedia and use these to measure the influence of academics in their disciplines. Having measured the influence of persons, we then identify the schools that they’re affiliated with, adding up the influence scores of the faculty and alumni to measure the influence of the schools and their disciplinary programs. Finally, we control these influence scores by size of undergraduate student body so that schools do not score high in influence simply because of a size advantage. We lay out these methodological considerations on our methodology page.
Academic Stewardship: Having measured a school’s stewardship of financial and human resources in the two previous points, we now divide the second measure by the first to define the Academic Stewardship metric. This metric spotlights smaller schools, with fewer financial resources and people, that invest wisely and do proportionately better in building influence than large wealthy schools. Many of these smaller, less wealthy schools are incentivized to make better use of their resources but would never get recognized in conventional school rankings, which directly or indirectly put a premium on the wealth of schools.

Academic Stewardship as so defined is connected to keeping tuition and other costs down, but it should not be confused with affordability or frugality. The schools that this metric ranks as exemplary academic stewards tend to be all over the map when it comes to tuition and other costs. At issue is the influence of schools given the financial and human resources they have on hand. If a school is going to charge more for tuition, then that needs to be reflected in the school having proportionately greater influence.

Why Academic Stewardship Matters to Students and Their Families

The benefits of attending a school with strong academic stewardship include:

A clear reason for why students are at the school in the first place. Without the distraction of amenities and luxuries, these schools are at once unpretentious but also passionately committed to their educational mission. The schools in this ranking are financially efficient and academically rigorous. By avoiding frills, these schools take the most direct path to accomplishing their mission of educating students.
Valuing character over prestige and self-indulgence. A school that’s a good steward of its resources doesn’t instill shame in its students over what they are missing (such as elite cuisine) but rather pride in what they have and making the most of it. These schools exhibit a culture of good stewardship, which tends to build good character in the students that attend these schools.
Avoiding the spoiled-student syndrome. It’s easy to think that offering students endless options and opportunities will enrich their time at school in every way. But spoiling people—whether in business, sports, or academics—has the opposite effect, causing people to take their advantages for granted and in the end achieving less than they might otherwise, a point well-documented in Daniel Coyle’s The Talent Code. Schools exhibiting academic stewardship avoid this pitfall.
The best schools vs. the schools that help students to be their best. Students at schools demonstrating outstanding academic stewardship aren’t so much concerned about being at the “best” school, whatever that may mean, as about being at a school that helps them to be their best. These schools pay attention to their students, hoping that any glory goes to them rather than to the school. Small schools, and especially liberal arts colleges, help themselves by communicating this advantage to prospective students.
Emphasizing development over talent and achievement. Schools like Harvard and Stanford have their pick of academic talent, and their students have a long record of achievement even before they apply to such elite schools. But if a school doesn’t have the resources of a Harvard or Stanford, how does it build a great team of students? In that case, it must focus on student development. Colleges exemplifying academic stewardship emphasize student growth and development, ensuring that the schools are doing everything in their power to help students reach their full potential and thereby become their best selves.

New Jersey’s Best Colleges and Universities by Academic Stewardship

New Jersey’s Best Colleges in Your Area of Interest

Colleges and Universities in New Jersey

Nearly half of the colleges and universities in this state are private, and tuition rates range from $6,000 to $52,000. With a graduation rate of 97% and a student population of just over 7,000, Princeton University is the state’s most esteemed institution. Narrowing in on the sciences and arts, this Ivy League school offers unique areas of study, including robotics, intelligent systems, and public life. The remaining 31 public colleges and universities range in tuition from $4,000 to $17,000.

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The state’s largest and top-ranked public research institution is Rutgers University. With campuses in New Brunswick, Newark, and Camden as well as smaller locations across the state, Rutgers awards degrees in physics, economics, criminal justice, and psychology. New Jersey also has 11 religiously affiliated colleges and universities, including the oldest diocesan university in the United States, Seton Hall University. This Roman Catholic university has a tuition rate of $42,000 and a student population of over 8,000.

New Jersey, known for its sandy shores and busy expressways, also has more diners than any other state in the U.S., as well as the world’s longest boardwalk, located in Atlantic City. Many influential people, including Buzz Aldrin, Frank Sinatra, and Thomas Edison, have called The Garden State home. Visitors can even peek at some of Edison’s early light bulbs at the Menlo Park Museum. And with 50 higher learning institutions to choose from, students can find a school that suits their career path and budget.

Learn more about earning your degree from one of New Jersey’s highly regarded colleges and universities.

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New Jersey’s Best Colleges and Universities by Academic Stewardship

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Why Academic Stewardship Matters to Students and Their Families

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