2022 Best Value Colleges for Aerospace & Aeronautical Engineering (Income Over $110k) in Massachusetts

It’s not easy to decide which college to attend when there so many options available for students. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Vallue Aerospace Engineering Schools in Massachusetts For Those Making Over $110k” ranking.

In 2019-2020, 7,582 people earned their degree in aerospace and aeronautical engineering, making the major the 101st most popular in the United States. 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.

For this year’s “Best Vallue Aerospace Engineering Schools in Massachusetts For Those Making Over $110k” ranking, we looked at 2 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.

When determining these rankings, we looked at things such as overall quality of the aerospace and aeronautical engineering program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.

One Size Does Not Fit All

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 Vallue Aerospace Engineering Schools in Massachusetts For Those Making Over $110k” 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.

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Best Vallue Aerospace Engineering Schools in Massachusetts For Those Making Over $110k

The colleges and universities below are the best for massachusetts aerospace engineering students whose families make more than $110k.

Top 2 Best Value Colleges for Aerospace & Aeronautical Engineering (Income Over $110k) in Massachusetts

#1

Massachusetts Institute of Technology

Cambridge, Massachusetts

#1 in overall quality

$16,636 Average Net Price

$89,950 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 Vallue Aerospace Engineering Schools in Massachusetts For Those Making Over $110k. MIT is a fairly large private not-for-profit school situated in Cambridge, Massachusetts. It awarded 124 ’s aerospace engineering degrees in 2019-2020.

MIT also took the #1 spot in our “Best Aerospace & Aeronautical Engineering Schools in Massachusetts” ranking. It costs about $16,636 for massachusetts aerospace engineering students whose families make more than $110k per year to attend Massachusetts Institute of Technology.

With a freshman retention rate of 98%, the school does an excellent job of retaining its students. 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. The school has an impressive student loan default rate. It’s only 1.1%, which is much lower than the national rate of 10.1%.

Read full report on Aerospace & Aeronautical Engineering at MIT

#2

Worcester Polytechnic Institute

Worcester, Massachusetts

#2 in overall quality

$39,756 Average Net Price

$72,444 Average Early-Career Earnings

Out of the 2 schools in the Best Vallue Aerospace Engineering Schools in Massachusetts For Those Making Over $110k that were part of this year’s ranking, Worcester Polytechnic Institute landed the #2 spot on the list. Located in Worcester, Massachusetts, this medium-sized private not-for-profit school handed out 66 diplomas to qualified ’s aerospace engineering students in 2019-2020.

WPI not only placed well in this ranking. It is also #2 on our “Best Aerospace & Aeronautical Engineering Schools in Massachusetts” list. It costs about $39,756 for Massachusetts Aerospace Engineering students whose families make more than $110k per year to attend WPI.

The low student loan default rate of 0.7% 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 95%, the school does an excellent job of retaining its students.

Full WPI Aerospace & Aeronautical Engineering Report

• Best Value Colleges for Aerospace & Aeronautical Engineering (Income Over $110k) in the New England Region
• Best Value Colleges for Aerospace & Aeronautical Engineering (Income Over $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.

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