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2022 Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k

65 Ranked Colleges
5,367 Degrees Awarded
Best Value Aerospace Engineering Schools for a Bachelor's For Those Making $48-$75k

When pursuing a degree in today’s world, students have many different options to choose from. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k” ranking - to help you make that decision.

In 2019-2020, 7,582 people earned their degree in aerospace and aeronautical engineering, making the major the 109th most popular in the United States.

At the bachelor’s degree level specifically, there were 5,367 aerospace and aeronautical engineering graduates with average earnings and debt of $38,303 and $24,501 respectively.

For this year’s “Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k” ranking, we looked at 65 colleges that offer a degree in aerospace and aeronautical engineering. The schools that top this list are recognized because they have great aerospace and aeronautical engineering programs and cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the aerospace and aeronautical engineering program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k” list, to help you choose the best school for you.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k

The following schools top our list of the Best Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k.

Top 25 Best Value Bachelor’s Degree Colleges for Aerospace & Aeronautical Engineering (Income $48-$75k)

#1

Massachusetts Institute of Technology

Cambridge, Massachusetts
#1 in overall quality

You’ll be in good company if you decide to attend Massachusetts Institute of Technology. It ranked #1 on our 2022 Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k list. Massachusetts Institute of Technology is a fairly large school located in Cambridge, Massachusetts that handed out 53 bachelors’s aerospace engineering degrees in 2019-2020.

MIT also made our “Best Aerospace & Aeronautical Engineering Bachelor’s Degree Schools” list, coming in at #1. The estimated yearly cost for MIT is $6,049 for bachelor’s degree aerospace engineering students whose families make $48-$75k.

The low student loan default rate of 1.1% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. With a student-to-faculty ratio of 3 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. With a freshman retention rate of 98%, the school does an excellent job of retaining its students.

Full Massachusetts Institute of Technology Aerospace & Aeronautical Engineering Report

#2

Stanford University

Stanford, California
#2 in overall quality

Out of the 65 schools in the Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k that were part of this year’s ranking, Stanford University landed the #2 spot on the list. Stanford is a fairly large school located in Stanford, California that handed out 8 bachelors’s aerospace engineering degrees in 2019-2020.

As a testament to the quality of education offered at Stanford, the school also landed the #2 spot in our “Best Aerospace & Aeronautical Engineering Bachelor’s Degree Schools” ranking. It costs about $1,959 for Bachelor’s Degree Aerospace Engineering students whose families make $48-$75k per year to attend Stanford.

Students who start out at the school are likely to stick around. The freshman retention rate is 86%. Since the school has a student-to-faculty ratio of 4 to 1, those pursuing a degree will have more opportunities to interact with their professors. The student loan default rate at the school is 0.5%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Aerospace & Aeronautical Engineering at Stanford

#3 in overall quality

Out of the 65 schools in the Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #3 spot on the list. Located in Ann Arbor, Michigan, this large public school awarded 132 diplomas to qualified bachelors’s aerospace engineering students in 2019-2020.

U-M not only placed well in this ranking. It is also #3 on our “Best Aerospace & Aeronautical Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for U-M is $10,028 for Bachelor’s Degree Aerospace Engineering students whose families make $48-$75k.

With a freshman retention rate of 96%, the school does an excellent job of retaining its students. The low student loan default rate of 1.2% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read full report on Aerospace & Aeronautical Engineering at University of Michigan - Ann Arbor

#4

University of Florida

Gainesville, Florida
#11 in overall quality

Out of the 65 schools in the Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k that were part of this year’s ranking, University of Florida landed the #4 spot on the list. University of Florida is located in Gainesville, Florida and, has a large student population. In 2019-2020, this school awarded 133 bachelors’s aerospace engineering degrees to qualified students.

In addition to being on our bachelor’s degree aerospace engineering students whose families make $48-$75k list, UF has also earned the #11 rank in our “Best Aerospace & Aeronautical Engineering Bachelor’s Degree Schools” ranking. It costs about $8,528 for bachelor’s degree aerospace engineering students whose families make $48-$75k per year to attend UF.

The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 2.0%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Aerospace & Aeronautical Engineering at University of Florida

#5

Purdue University - Main Campus

West Lafayette, Indiana
#13 in overall quality

You’ll join some of the best and brightest minds around if you attend Purdue University - Main Campus. The school came in at #5 for the Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k. West Lafayette, Indiana is the setting for this large institution of higher learning. The public school handed out bachelors’s aerospace engineering degrees to 252 students in 2019-2020.

Purdue also made our “Best Aerospace & Aeronautical Engineering Bachelor’s Degree Schools” list, coming in at #13. The estimated yearly cost for Purdue University - Main Campus is $9,654 for bachelor’s degree aerospace engineering students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Aerospace & Aeronautical Engineering at Purdue University - Main Campus

#23 in overall quality

University of Washington - Seattle Campus did quite well in the 2022 Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #6. This large school is located in Seattle, Washington, and it awarded 74 bachelors’s aerospace engineering degrees in 2019-2020.

UW Seattle also made our “Best Aerospace & Aeronautical Engineering Bachelor’s Degree Schools” list, coming in at #23. The yearly cost to attend UW Seattle is $9,694 for Bachelor’s Degree Aerospace Engineering students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%.

Full University of Washington - Seattle Campus Aerospace & Aeronautical Engineering Report

#15 in overall quality

With a ranking of #7, University of Illinois at Urbana-Champaign did quite well on the 2022 Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k list. This large school is located in Champaign, Illinois, and it awarded 95 bachelors’s aerospace engineering degrees in 2019-2020.

As a testament to the quality of education offered at UIUC, the school also landed the #15 spot in our “Best Aerospace & Aeronautical Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for UIUC is $13,351 for Bachelor’s Degree Aerospace Engineering students whose families make $48-$75k.

The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. The low student loan default rate of 2.4% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read full report on Aerospace & Aeronautical Engineering at University of Illinois at Urbana-Champaign

#8

University of California - Los Angeles

Los Angeles, California
#8 in overall quality

With a ranking of #8, University of California - Los Angeles did quite well on the 2022 Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k list. This large school is located in Los Angeles, California, and it awarded 56 bachelors’s aerospace engineering degrees in 2019-2020.

UCLA did well in our major quality rankings, too. It placed #8 on our “Best Aerospace & Aeronautical Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for University of California - Los Angeles is $13,081 for bachelor’s degree aerospace engineering students whose families make $48-$75k.

The student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 96%.

Full University of California - Los Angeles Aerospace & Aeronautical Engineering Report

#9

University of Notre Dame

Notre Dame, Indiana
#6 in overall quality

With a ranking of #9, University of Notre Dame did quite well on the 2022 Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k list. University of Notre Dame is a fairly large school located in Notre Dame, Indiana that handed out 22 bachelors’s aerospace engineering degrees in 2019-2020.

As a testament to the quality of education offered at Notre Dame, the school also landed the #6 spot in our “Best Aerospace & Aeronautical Engineering Bachelor’s Degree Schools” ranking. It costs about $17,768 for Bachelor’s Degree Aerospace Engineering students whose families make $48-$75k per year to attend University of Notre Dame.

The school has an impressive student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. The impressive student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Full Notre Dame Aerospace & Aeronautical Engineering Report

#5 in overall quality

Georgia Institute of Technology - Main Campus did quite well in the 2022 Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #10. This large school is located in Atlanta, Georgia, and it awarded 197 bachelors’s aerospace engineering degrees in 2019-2020.

In addition to being on our bachelor’s degree aerospace engineering students whose families make $48-$75k list, Georgia Tech has also earned the #5 rank in our “Best Aerospace & Aeronautical Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Georgia Tech is $15,213 for Bachelor’s Degree Aerospace Engineering students whose families make $48-$75k.

The low student loan default rate of 1.3% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.

Read more about Aerospace & Aeronautical Engineering at Georgia Institute of Technology - Main Campus

#11

University of Central Florida

Orlando, Florida

With a ranking of #11, University of Central Florida did quite well on the 2022 Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k list. UCF is located in Orlando, Florida and, has a large student population. In 2019-2020, this school awarded 184 bachelors’s aerospace engineering degrees to qualified students.

The estimated yearly cost for University of Central Florida is $11,161 for bachelor’s degree aerospace engineering students whose families make $48-$75k.

The student loan default rate at the school is 4.2%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 92%.

Full UCF Aerospace & Aeronautical Engineering Report

#25 in overall quality

Missouri University of Science and Technology did quite well in the 2022 Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #12. This medium-sized school is located in Rolla, Missouri, and it awarded 70 bachelors’s aerospace engineering degrees in 2019-2020.

As a testament to the quality of education offered at Missouri University of Science and Technology, the school also landed the #25 spot in our “Best Aerospace & Aeronautical Engineering Bachelor’s Degree Schools” ranking. It costs about $13,058 for bachelor’s degree aerospace engineering students whose families make $48-$75k per year to attend Missouri University of Science and Technology.

The student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year.

Read full report on Aerospace & Aeronautical Engineering at Missouri University of Science and Technology

#13

University of Virginia - Main Campus

Charlottesville, Virginia
#9 in overall quality

University of Virginia - Main Campus ranked #13 on this year’s Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k list. Located in Charlottesville, Virginia, this large public school awarded 36 diplomas to qualified bachelors’s aerospace engineering students in 2019-2020.

In addition to being on our bachelor’s degree aerospace engineering students whose families make $48-$75k list, University of Virginia has also earned the #9 rank in our “Best Aerospace & Aeronautical Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for University of Virginia is $14,671 for Bachelor’s Degree Aerospace Engineering students whose families make $48-$75k.

The school has an impressive student loan default rate. It’s only 1.6%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.

Read more about Aerospace & Aeronautical Engineering at University of Virginia - Main Campus

#10 in overall quality

The University of Texas at Austin ranked #14 on this year’s Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k list. This large school is located in Austin, Texas, and it awarded 168 bachelors’s aerospace engineering degrees in 2019-2020.

UT Austin not only placed well in this ranking. It is also #10 on our “Best Aerospace & Aeronautical Engineering Bachelor’s Degree Schools” list. The yearly cost to attend UT Austin is $15,757 for bachelor’s degree aerospace engineering students whose families make $48-$75k.

The low student loan default rate of 2.7% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.

Read full report on Aerospace & Aeronautical Engineering at The University of Texas at Austin

#24 in overall quality

University of California - Irvine ranked #15 on this year’s Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k list. University of California - Irvine is located in Irvine, California and, has a large student population. In 2019-2020, this school awarded 79 bachelors’s aerospace engineering degrees to qualified students.

In addition to being on our bachelor’s degree aerospace engineering students whose families make $48-$75k list, UC Irvine has also earned the #24 rank in our “Best Aerospace & Aeronautical Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for UC Irvine is $13,648 for Bachelor’s Degree Aerospace Engineering students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The low student loan default rate of 1.3% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read more about Aerospace & Aeronautical Engineering at University of California - Irvine

#16

University of Minnesota - Twin Cities

Minneapolis, Minnesota

University of Minnesota - Twin Cities did quite well in the 2022 Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #16. Located in Minneapolis, Minnesota, this large public school awarded 76 diplomas to qualified bachelors’s aerospace engineering students in 2019-2020.

The yearly cost to attend University of Minnesota - Twin Cities is $12,556 for bachelor’s degree aerospace engineering students whose families make $48-$75k.

The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.

Read more about Aerospace & Aeronautical Engineering at UMN Twin Cities

#7 in overall quality

California Polytechnic State University - San Luis Obispo came in at #17 in this year’s edition of the Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking. California Polytechnic State University - San Luis Obispo is a public institution located in San Luis Obispo, California. The school has a large population, and it awarded 113 bachelors’s degrees in 2019-2020.

Cal Poly San Luis Obispo did well in our major quality rankings, too. It placed #7 on our “Best Aerospace & Aeronautical Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for California Polytechnic State University - San Luis Obispo is $19,407 for bachelor’s degree aerospace engineering students whose families make $48-$75k.

The student loan default rate at the school is 1.1%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.

Full Cal Poly San Luis Obispo Aerospace & Aeronautical Engineering Report

Ohio State University - Main Campus landed the #18 spot on the 2022 Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking. Ohio State University - Main Campus is a large school located in Columbus, Ohio that handed out 69 bachelors’s aerospace engineering degrees in 2019-2020.

The estimated yearly cost for Ohio State University - Main Campus is $13,982 for bachelor’s degree aerospace engineering students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.

Full Ohio State University - Main Campus Aerospace & Aeronautical Engineering Report

#21 in overall quality

Iowa State University did quite well in the 2022 Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #19. Iowa State is a public institution located in Ames, Iowa. The school has a large population, and it awarded 148 bachelors’s degrees in 2019-2020.

Iowa State also took the #21 spot in our “Best Aerospace & Aeronautical Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Iowa State University is $14,161 for bachelor’s degree aerospace engineering students whose families make $48-$75k.

The student loan default rate at the school is 3.3%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year.

Full Iowa State Aerospace & Aeronautical Engineering Report

University of California - Davis did quite well in the 2022 Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #20. This large school is located in Davis, California, and it awarded 76 bachelors’s aerospace engineering degrees in 2019-2020.

The estimated yearly cost for UC Davis is $13,578 for Bachelor’s Degree Aerospace Engineering students whose families make $48-$75k.

The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. The low student loan default rate of 1.9% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read full report on Aerospace & Aeronautical Engineering at UC Davis

#21

North Carolina State University

Raleigh, North Carolina

North Carolina State University came in at #21 in this year’s edition of the Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking. Raleigh, North Carolina is the setting for this large institution of higher learning. The public school handed out bachelors’s aerospace engineering degrees to 73 students in 2019-2020.

The estimated yearly cost for NC State is $15,084 for Bachelor’s Degree Aerospace Engineering students whose families make $48-$75k.

The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. The low student loan default rate of 2.9% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read more about Aerospace & Aeronautical Engineering at North Carolina State University

California State University - Long Beach came in at #22 in this year’s edition of the Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking. California State University - Long Beach is a public institution located in Long Beach, California. The school has a large population, and it awarded 73 bachelors’s degrees in 2019-2020.

The yearly cost to attend CSULB is $10,807 for bachelor’s degree aerospace engineering students whose families make $48-$75k.

With a freshman retention rate of 89%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 1.6%, which is much lower than the national rate of 10.1%.

Read more about Aerospace & Aeronautical Engineering at CSULB

#23

University of Maryland - College Park

College Park, Maryland
#16 in overall quality

With a ranking of #23, University of Maryland - College Park did quite well on the 2022 Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k list. Located in College Park, Maryland, this large public school awarded 145 diplomas to qualified bachelors’s aerospace engineering students in 2019-2020.

UMCP did well in our major quality rankings, too. It placed #16 on our “Best Aerospace & Aeronautical Engineering Bachelor’s Degree Schools” list. The yearly cost to attend UMCP is $18,418 for Bachelor’s Degree Aerospace Engineering students whose families make $48-$75k.

The low student loan default rate of 2.4% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 95%.

Read full report on Aerospace & Aeronautical Engineering at UMCP

University of California - San Diego ranked #24 on this year’s Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k list. UCSD is located in La Jolla, California and, has a large student population. In 2019-2020, this school awarded 75 bachelors’s aerospace engineering degrees to qualified students.

The estimated yearly cost for UCSD is $14,071 for Bachelor’s Degree Aerospace Engineering students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The school has an impressive student loan default rate. It’s only 1.5%, which is much lower than the national rate of 10.1%.

Read more about Aerospace & Aeronautical Engineering at University of California - San Diego

#25

Texas A&M University - College Station

College Station, Texas
#18 in overall quality

Texas A&M University - College Station landed the #25 spot on the 2022 Best Value Aerospace Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking. This large school is located in College Station, Texas, and it awarded 140 bachelors’s aerospace engineering degrees in 2019-2020.

Texas A&M College Station also made our “Best Aerospace & Aeronautical Engineering Bachelor’s Degree Schools” list, coming in at #18. The estimated yearly cost for Texas A&M College Station is $18,810 for Bachelor’s Degree Aerospace Engineering students whose families make $48-$75k.

The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.

Read more about Aerospace & Aeronautical Engineering at Texas A&M University - College Station

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Notes and References

References

  • The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
  • Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
  • Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

  • *Average salary, average net price, and average tuition and fees are for the top schools only.
  • Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

Credits

  • Credit for the banner image above goes to Ian3055.

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