I’d say the best fit is wherever he feels he can best succeed. And that means socially as well as scholastically. Visualizing is the first step to success.
Another consideration is where does he plan to live after college? Entry level jobs are generally in the same region as the college. If he likes the college but doesn’t like the area it’s in, odds go down. If he goes to Binghamton but doesn’t like western NY or NE Pa, will he get quick ROI? Maybe, maybe not. During the summer, is he more likely to come home or continue to live/work near the college?
Socially, does he prefer to stick with people like himself, people who are different, or a mix? Is he more of a frat person, a floater, or a loner?
How important is class size to him? How important is direct access to a professor? Can he understand what they are saying and vice versa? Are they “plugged in”? How is the food?
Forget annual costs for a second. Consider longer term. Will he be able to get the classes he wants and succeed with them in four years, or will a fifth or sixth year be necessary?
As far as entry-level pay, I’ve found as a 25+ year recruiter that entry-level jobs pay the same, only the numbers on the checks are different. By that I mean that, if you’re line-charting, the salary line and the cost-of-housing lines run parallel. If you’re living in South Jersey (which is median to low with housing costs across the country), the wages will be less than the SF/San Jose Bay area (which is perennial #1 in housing & wages). Boston, NYC are also perennial top 5. Generally, upon graduation and depending on engineering discipline, wages will be lower in SJ and the Philly area and the western NY area, and higher in the NYC/LI area. But we’re talking about low $20s/hour vs. high $20s/hour.
Frankly, the dual-major thing scares me. Does he want to be an engineer because he doesn’t know what else he would do, or is it because he’s smart enough that people mentioned it to him because of the career options and higher wages? I’ve found that engineering professors have a tendency to flush the latter out - usually 2nd semester sophomore year. And I do not see how someone can major in engineering and business at the same time; as college progresses, engineering labs/co-ops/internships/projects take a lot of time and energy. Maybe it’s possible, but at what cost? A withdrawal from the “college experience”? In most engineering schools, the curricular track is pretty set from the jump - general ed is incorporated with the engineering classes and there are fewer electives outside of the major.
My personal experience: Son graduated HS in 2009, the height of the economic downturn. I’m self-employed and investments weren’t worth what I had put into them. Didn’t say anything, but I’m sure he felt the gloom as it affected everyone he knew. Top 3-4 of his class of 500 - 3 classmates went to Harvard, 4th to Bucknell. Son wanted to be a civil engineer and was also a soccer player. Offered opportunities at Cornell, Binghamton, and Rowan for both. Also considered Penn State and Virginia Tech for school only. Didn’t like “city” schools and small schools (“I don’t want to go to a place smaller than my HS”). More of a club person/floater than a frat person. Definitely not a loner or a “techy nerd”; enjoys time with the nerds but also the “commoners” and jocks. Early, Rowan was at the bottom of his finalist list. Dad had always told his kids that he doesn’t pay for college, weddings, or bail bonds (earning dirty looks from other parents, especially Moms) - since he’d seen far too many results from parents who had. One of the beauties of high level club soccer is that it gives the opportunity to see many different areas and college campuses, and we did.
Anyway, we go to Rowan, last on his list. Familiar with it, as it was a pass-through to one of his youth soccer teams and he and my daughter had competed there. We went mid-week when it was bustling, and he had a chance to talk to students and professors, and observe a class. He sees a kid outside a lab and starts talking to him. Turns out, he’s a junior Civil Eng major and the soccer goalie. So, they start talking about the balancing act. An overhearing professor walks up, looks my kid dead-in-the-eye, and asks, “Do you want to be an Engineer or a Soccer Player?” I started laughing and my kid blushed. An impression was made.
My son chose Rowan. He played club soccer rather than varsity, which allowed him to get out in four years ('13), get all the classes he wanted, and get involved with other clubs/activities. Got four years of tuition and housing at the top of the grid, provided that he keep his GPA over 3 (he did). Also did some soccer refereeing which provided extra money. Summer of junior year, he worked with the Army Corps of Engineers and a NC/TX contracting firm on the AC beach replenishment project, just before Hurricane Sandy. Had a job lined up before graduation with a North Jersey firm. He has relocated to MD because he met a girl (recently married). His employers have brought him along well, and he’s on-track to get his PE license within the next year. Doing 50% design work (a requirement for the PE) but also remediations, site inspections, road construction, forensic work (reconstructing car accidents). No college debt. He’s worked on projects with engineering grads from many places (including some on his list) and doesn’t feel he has ever taken a back-seat to any of them and, more often, has felt better prepared than many. Plays in an adult soccer league on weekends. Loves his life. What every parent wishes for.
I can tell you that 100% of the Rowan College of Engineering class of 2013 either got a job in their chosen field or attended grad school (including the goalie, who now is also an assistant coach). I’m assuming that is near par, since I haven’t heard or seen anything to the contrary. Word has gotten around.
I’m familiar with the schools on your finalist list and do not see what Binghamton and Stony Brook offer on paper that’s better than Rowan, scholastically or financially. Stevens is much smaller, more expensive, but it’s known to incorporate business/entrepreneurship into their curriculum. Again, it comes down to where your son sees/feels himself succeeding scholastically and socially and after college. He’s gotta wanna be there. Still, given just two options, a Helicopter Parent > a Boomerang Kid (especially when parents are co-signers to binding legal documents).
Good luck!