2023 Best Value Colleges for Aerospace & Aeronautical Engineering (Income $75-$110k) in the New England Region

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Aerospace Engineering Schools in the New England Region For Those Making $75-$110k” ranking is part of that endeavor.

Aerospace & Aeronautical Engineering is the 94th most popular major in the country with 8,001 degrees awarded in 2020-2021. 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 $75-$110k” 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.

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.

One Size Does Not Fit All

The aerospace engineering school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Aerospace Engineering Schools in the New England Region For Those Making $75-$110k”.

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 the New England Region For Those Making $75-$110k

The colleges and universities below are the best for new england region aerospace engineering students whose families make $75-$110k.

Top 2 Best Value Colleges for Aerospace & Aeronautical Engineering (Income $75-$110k) in the New England Region

1

Massachusetts Institute of Technology
Cambridge, Massachusetts

#1 in overall quality

$14,291 Average Net Price

$94,282 Average Early-Career Earnings

You’ll be in good company if you decide to attend Massachusetts Institute of Technology. It ranked #1 on our 2023 Best Value Aerospace Engineering Schools in the New England Region For Those Making $75-$110k list. Massachusetts Institute of Technology is a fairly large private not-for-profit school situated in Cambridge, Massachusetts. It awarded 130 ’s aerospace engineering degrees in 2020-2021.

MIT not only placed well in this ranking. It is also #1 on our “Best Aerospace & Aeronautical Engineering Schools in the New England Region” list. The estimated yearly cost for Massachusetts Institute of Technology is $14,291 for New England Region Aerospace Engineering students whose families make $75-$110k.

Students who start out at the school are likely to stick around. The freshman retention rate is 98%. The undergrad student loan default rate at the school is 0.3%, which is quite low when compared to the national default rate of 10.1%. The impressive undergraduate student-to-faculty ratio of 3 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Read more about Aerospace & Aeronautical Engineering at Massachusetts Institute of Technology

2

Worcester Polytechnic Institute
Worcester, Massachusetts

#2 in overall quality

$40,094 Average Net Price

$74,666 Average Early-Career Earnings

You’ll be in good company if you decide to attend Worcester Polytechnic Institute. It ranked #2 on our 2023 Best Value Aerospace Engineering Schools in the New England Region For Those Making $75-$110k list. Worcester Polytechnic Institute is a private not-for-profit institution located in Worcester, Massachusetts. The school has a medium-sized population, and it awarded 85 ’s 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 $40,094 for New England Region Aerospace Engineering students whose families make $75-$110k per year to attend WPI.

The school has an impressive undergrad student loan default rate. It’s only 1.1%, which is much lower than the national 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 more about Aerospace & Aeronautical Engineering at WPI

• Best Value Colleges for Aerospace & Aeronautical Engineering (Income $75-$110k)

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.