2022 Best Value Colleges for Aerospace & Aeronautical Engineering (Income $30-$48k) in Massachusetts

With all of the options students have for higher education today, it can be tough to choose which direction to take. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Aerospace Engineering Schools in Massachusetts For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.

Aerospace & Aeronautical Engineering is the 101st most popular major in the country with 7,582 degrees awarded in 2019-2020. In 2017-2018, aerospace and aeronautical engineering graduates who were awarded their degree in 2015-2017, earned an average of $65,466 and had an average of $23,943 in loans still to pay off.

Across Massachusetts, there were 190 aerospace and aeronautical engineering graduates with average earnings and debt of $74,150 and $20,500 respectively.

This year’s “Best Value Aerospace Engineering Schools in Massachusetts For Those Making $30-$48k” ranking analyzed 2 colleges that offered a degree in aerospace and aeronautical engineering. Not only do the schools that top this list have excellent aerospace and aeronautical engineering programs, but they also 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. See our ranking methodology to learn more.

More Ways to Rank Aerospace & Aeronautical Engineering Schools

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Aerospace Engineering Schools in Massachusetts For Those Making $30-$48k” list to help you make the college decision.

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 in Massachusetts For Those Making $30-$48k

The following schools top our list of the Best Best Value Aerospace Engineering Schools in Massachusetts For Those Making $30-$48k.

Top 2 Best Value Colleges for Aerospace & Aeronautical Engineering (Income $30-$48k) in Massachusetts

#1

Massachusetts Institute of Technology

Cambridge, Massachusetts

#1 in overall quality

$1,820 Average Net Price

$89,950 Average Early-Career Earnings

Out of the 2 schools in the Best Value Aerospace Engineering Schools in Massachusetts For Those Making $30-$48k that were part of this year’s ranking, Massachusetts Institute of Technology landed the #1 spot on the list. Cambridge, Massachusetts is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s aerospace engineering degrees to 124 students in 2019-2020.

In addition to being on our massachusetts aerospace engineering students whose families make $30-$48k list, MIT has also earned the #1 rank in our “Best Aerospace & Aeronautical Engineering Schools in Massachusetts” ranking. The estimated yearly cost for MIT is $1,820 for massachusetts aerospace engineering students whose families make $30-$48k.

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%. Since the school has a student-to-faculty ratio of 3 to 1, those pursuing a degree will have more opportunities to interact with their professors. Students who start out at the school are likely to stick around. The freshman retention rate is 98%.

Read full report on Aerospace & Aeronautical Engineering at MIT

#2

Worcester Polytechnic Institute

Worcester, Massachusetts

#2 in overall quality

$29,911 Average Net Price

$72,444 Average Early-Career Earnings

You’ll be in good company if you decide to attend Worcester Polytechnic Institute. It ranked #2 on our 2022 Best Value Aerospace Engineering Schools in Massachusetts For Those Making $30-$48k list. This medium-sized school is located in Worcester, Massachusetts, and it awarded 66 ’s aerospace engineering degrees in 2019-2020.

In addition to being on our massachusetts aerospace engineering students whose families make $30-$48k list, WPI has also earned the #2 rank in our “Best Aerospace & Aeronautical Engineering Schools in Massachusetts” ranking. The estimated yearly cost for WPI is $29,911 for Massachusetts Aerospace Engineering students whose families make $30-$48k.

The student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year.

Read full report on Aerospace & Aeronautical Engineering at WPI

• Best Value Colleges for Aerospace & Aeronautical Engineering (Income $30-$48k) in the New England Region
• Best Value Colleges for Aerospace & Aeronautical Engineering (Income $30-$48k)

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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