2023 Best Value Colleges for Aerospace & Aeronautical Engineering (Income $48-$75k) in the New England Region

Students have lots of options to chooose from today when trying to decide which college to attend. 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 the New England Region For Those Making $48-$75k” ranking is one tool we have developed to help in this regard.

In 2020-2021, 8,001 people earned their degree in aerospace and aeronautical engineering, making the major the 94th most popular in the United States. In 2019-2020, aerospace and aeronautical engineering graduates who were awarded their degree in 2017-2019, earned an average of $70,535 and had an average of $24,126 in loans still to pay off.

Across the New England region, there were 217 aerospace and aeronautical engineering graduates with average earnings and debt of $84,940 and $27,000 respectively.

For this year’s “Best Value Aerospace Engineering Schools in the New England Region For Those Making $48-$75k” ranking, we looked at 2 colleges that offer a degree in aerospace and aeronautical engineering. This ranking identifies schools with high-quality aerospace and aeronautical engineering programs that also have a lower cost than schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the aerospace and aeronautical engineering program at the school. Check out our ranking methodology for more information.

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 the New England Region For Those Making $48-$75k” list to help you make the college decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Aerospace Engineering Schools in the New England Region For Those Making $48-$75k

The colleges and universities below are the best for new england region aerospace engineering students whose families make $48-$75k.

Top 2 Best Value Colleges for Aerospace & Aeronautical Engineering (Income $48-$75k) in the New England Region

1

Massachusetts Institute of Technology
Cambridge, Massachusetts

#1 in overall quality

$2,834 Average Net Price

$94,282 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Massachusetts Institute of Technology. The school came in at #1 for the Best Value Aerospace Engineering Schools in the New England Region For Those Making $48-$75k. 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 130 students in 2020-2021.

MIT also took the #1 spot in our “Best Aerospace & Aeronautical Engineering Schools in the New England Region” ranking. The yearly cost to attend Massachusetts Institute of Technology is $2,834 for New England Region 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 98%. The low undergrad student loan default rate of 0.3% 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%. The undergraduate student-to-faculty ratio of 3 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read full report on Aerospace & Aeronautical Engineering at MIT

2

Worcester Polytechnic Institute
Worcester, Massachusetts

#2 in overall quality

$33,999 Average Net Price

$74,666 Average Early-Career Earnings

Out of the 2 schools in the Best Value Aerospace Engineering Schools in the New England Region For Those Making $48-$75k that were part of this year’s ranking, Worcester Polytechnic Institute landed the #2 spot on the list. WPI is a medium-sized school located in Worcester, Massachusetts that handed out 85 ’s aerospace engineering degrees in 2020-2021.

As a testament to the quality of education offered at WPI, the school also landed the #2 spot in our “Best Aerospace & Aeronautical Engineering Schools in the New England Region” ranking. It costs about $33,999 for new england region aerospace engineering students whose families make $48-$75k per year to attend Worcester Polytechnic Institute.

The low undergrad 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 freshman retention rate of 95%, the school does an excellent job of retaining its undergraduate students.

Read full report on Aerospace & Aeronautical Engineering at WPI

• Best Value Colleges for Aerospace & Aeronautical Engineering (Income $48-$75k)

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.