In 2005, Rice's freshman year,he led Rutgers to its first winning season in 14 years and played in only the second bowl in the football program's then 136-year history.
In 2006, he led the Scarlet Knights to a school record-tying 11 games and registered the school's highest ever season-ending national poll ranking, finishing at No. 12 in both the Associated Press and Coach's Polls.
As a true freshman, Rice rushed for 1120 yards and 5 TDs including a 217-yard performance against the University of Connecticut.
Rice gained 1,794 rushing yards in 2006 with 20 touchdowns. His total in 2006 set Rutgers' single-season rushing yardage record.
Rice was named Big East offensive player of the week a school-record three times in 2006. All three times, Rice rushed for over 200 yards, including a career-high 225 yard game against the Pittsburgh Panthers.
Rice ended his sophomore season with 170 yards on 24 carries with 1 touchdown during the inaugural Texas Bowl to give Rutgers its first bowl victory ever in a 37-10 win. He was named MVP of the game.
In 2007 against the Cincinnati Bearcats, Rice scored his 35th career rushing touchdown, setting the all time program record. On November 9, 2007 against the Army Black Knights, Rice ran for 243 yards and scored twice in the 41-6 win against Army, setting a new school record.
At the second annual International Bowl in Toronto, Rice ran for a new school record of 280 yards, along with 4 touchdowns as Rutgers beat Ball State University 52-30.
One of the TD runs was the longest of his career—a 90-yard scamper. Rice won the MVP award for his performance.
After his junior year Rice declared his intention to enter the 2008 NFL draft.[ He signed with the Baltimore Ravens, where he currently plays.