2022 Best Value Bio Engineering Schools in Michigan For Those Making $30-$48k
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 Bio Engineering Schools in Michigan For Those Making $30-$48k” ranking is part of that endeavor.
In 2019-2020, 12,258 people earned their degree in biomedical engineering, making the major the 75th most popular in the United States. In 2017-2018, biomedical engineering graduates who were awarded their degree in 2015-2017, earned an average of $58,234 and had an average of $23,170 in loans still to pay off.
Across Michigan, there were 382 biomedical engineering graduates with average earnings and debt of $67,800 and $21,567 respectively.
For this year’s “Best Value Bio Engineering Schools in Michigan For Those Making $30-$48k” ranking, we looked at 6 colleges that offer a degree in biomedical engineering. This ranking identifies schools with high-quality biomedical 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 biomedical engineering program at the school. Check out our ranking methodology for more information.
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More Ways to Rank Biomedical Engineering Schools
The bio 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 Bio Engineering Schools in Michigan For Those Making $30-$48k”.
One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.
Best Value Bio Engineering Schools in Michigan For Those Making $30-$48k
The following schools top our list of the Best Best Value Bio Engineering Schools in Michigan For Those Making $30-$48k.
Top 6 Best Value Colleges for Biomedical Engineering (Income $30-$48k) in Michigan
You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #1 on our 2022 Best Value Bio Engineering Schools in Michigan For Those Making $30-$48k list. U-M is a large school located in Ann Arbor, Michigan that handed out 198 ’s bio engineering degrees in 2019-2020.
U-M also made our “Best Biomedical Engineering Schools in Michigan” list, coming in at #1. The estimated yearly cost for U-M is $5,887 for Michigan Bio Engineering students whose families make $30-$48k.
The student loan default rate at the school is 1.2%, 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 96%.
Out of the 6 schools in the Best Value Bio Engineering Schools in Michigan For Those Making $30-$48k that were part of this year’s ranking, Michigan Technological University landed the #2 spot on the list. Michigan Technological University is a medium-sized school located in Houghton, Michigan that handed out 59 ’s bio engineering degrees in 2019-2020.
In addition to being on our michigan bio engineering students whose families make $30-$48k list, Michigan Tech has also earned the #2 rank in our “Best Biomedical Engineering Schools in Michigan” ranking. The estimated yearly cost for Michigan Tech is $9,049 for Michigan Bio Engineering students whose families make $30-$48k.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The school has an impressive student loan default rate. It’s only 2.3%, which is much lower than the national rate of 10.1%.
You’ll be in good company if you decide to attend University of Michigan - Dearborn. It ranked #3 on our 2022 Best Value Bio Engineering Schools in Michigan For Those Making $30-$48k list. Dearborn, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out ’s bio engineering degrees to 32 students in 2019-2020.
UM Dearborn also took the #5 spot in our “Best Biomedical Engineering Schools in Michigan” ranking. It costs about $8,057 for Michigan Bio Engineering students whose families make $30-$48k per year to attend University of Michigan - Dearborn.
The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.
You’ll be in good company if you decide to attend Wayne State University. It ranked #4 on our 2022 Best Value Bio Engineering Schools in Michigan For Those Making $30-$48k list. Wayne State is a large public school situated in Detroit, Michigan. It awarded 64 ’s bio engineering degrees in 2019-2020.
As a testament to the quality of education offered at Wayne State, the school also landed the #6 spot in our “Best Biomedical Engineering Schools in Michigan” ranking. It costs about $11,554 for Michigan Bio Engineering students whose families make $30-$48k per year to attend Wayne State.
Out of the 6 schools in the Best Value Bio Engineering Schools in Michigan For Those Making $30-$48k that were part of this year’s ranking, Michigan State University landed the #5 spot on the list. This large school is located in East Lansing, Michigan, and it awarded 2 ’s bio engineering degrees in 2019-2020.
Michigan State also took the #4 spot in our “Best Biomedical Engineering Schools in Michigan” ranking. The estimated yearly cost for Michigan State University is $15,197 for Michigan Bio Engineering students whose families make $30-$48k.
Students who start out at the school are likely to stick around. The freshman retention rate is 91%. The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.
Read more about Biomedical Engineering at Michigan State University
With a ranking of #6, Lawrence Technological University did quite well on the 2022 Best Value Bio Engineering Schools in Michigan For Those Making $30-$48k list. Lawrence Tech is a private not-for-profit institution located in Southfield, Michigan. The school has a small population, and it awarded 26 ’s degrees in 2019-2020.
Lawrence Tech not only placed well in this ranking. It is also #3 on our “Best Biomedical Engineering Schools in Michigan” list. It costs about $28,123 for Michigan Bio Engineering students whose families make $30-$48k per year to attend Lawrence Tech.
Full Lawrence Technological University Biomedical Engineering Report
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- Best Value Colleges for Biomedical Engineering (Income $30-$48k)
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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 UC Davis College of Engineering.
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