2022 Best Value Colleges for Biomedical Engineering (Income $48-$75k) in Michigan
With all of the options students have for higher education today, it can be tough to choose which direction to take. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Bio Engineering Schools in Michigan For Those Making $48-$75k” ranking.
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 $48-$75k” 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.
When determining these rankings, we looked at things such as overall quality of the biomedical engineering program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.
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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 Bio Engineering Schools in Michigan For Those Making $48-$75k” 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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value Bio Engineering Schools in Michigan For Those Making $48-$75k
The following schools top our list of the Best Best Value Bio Engineering Schools in Michigan For Those Making $48-$75k.
Top 6 Best Value Colleges for Biomedical Engineering (Income $48-$75k) in Michigan
Out of the 6 schools in the Best Value Bio Engineering Schools in Michigan For Those Making $48-$75k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #1 spot on the list. U-M is a large public school situated in Ann Arbor, Michigan. It awarded 198 ’s bio engineering degrees in 2019-2020.
U-M did well in our major quality rankings, too. It placed #1 on our “Best Biomedical Engineering Schools in Michigan” list. The yearly cost to attend U-M is $10,028 for michigan bio engineering students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 1.2%, which is much lower than the national 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 $48-$75k that were part of this year’s ranking, Michigan Technological University landed the #2 spot on the list. Houghton, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out ’s bio engineering degrees to 59 students in 2019-2020.
Michigan Tech also made our “Best Biomedical Engineering Schools in Michigan” list, coming in at #2. The estimated yearly cost for Michigan Technological University is $13,720 for Michigan Bio Engineering students whose families make $48-$75k.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The low student loan default rate of 2.3% 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%.
You’ll join some of the best and brightest minds around if you attend University of Michigan - Dearborn. The school came in at #3 for the Best Value Bio Engineering Schools in Michigan For Those Making $48-$75k. UM Dearborn is a medium-sized public school situated in Dearborn, Michigan. It awarded 32 ’s bio engineering degrees in 2019-2020.
UM Dearborn not only placed well in this ranking. It is also #5 on our “Best Biomedical Engineering Schools in Michigan” list. The estimated yearly cost for University of Michigan - Dearborn is $10,553 for michigan bio engineering students whose families make $48-$75k.
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%.
Out of the 6 schools in the Best Value Bio Engineering Schools in Michigan For Those Making $48-$75k that were part of this year’s ranking, Wayne State University landed the #4 spot on the list. Wayne State University is located in Detroit, Michigan and, has a large student population. In 2019-2020, this school awarded 64 ’s bio engineering degrees to qualified students.
Wayne State also took the #6 spot in our “Best Biomedical Engineering Schools in Michigan” ranking. It costs about $13,668 for Michigan Bio Engineering students whose families make $48-$75k per year to attend Wayne State University.
You’ll join some of the best and brightest minds around if you attend Michigan State University. The school came in at #5 for the Best Value Bio Engineering Schools in Michigan For Those Making $48-$75k. Located in East Lansing, Michigan, this large public school handed out 2 degrees to qualified ’s bio engineering students in 2019-2020.
As a testament to the quality of education offered at Michigan State, the school also landed the #4 spot in our “Best Biomedical Engineering Schools in Michigan” ranking. The yearly cost to attend Michigan State is $20,696 for Michigan Bio Engineering students whose families make $48-$75k.
The low student loan default rate of 3.6% 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 school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year.
Read more about Biomedical Engineering at Michigan State University
Lawrence Technological University ranked #6 on this year’s Best Value Bio Engineering Schools in Michigan For Those Making $48-$75k list. Located in Southfield, Michigan, this small private not-for-profit school handed out 26 diplomas to qualified ’s bio engineering students in 2019-2020.
Lawrence Tech also took the #3 spot in our “Best Biomedical Engineering Schools in Michigan” ranking. The yearly cost to attend Lawrence Technological University is $32,036 for Michigan Bio Engineering students whose families make $48-$75k.
Full Lawrence Technological University Biomedical Engineering Report
- Best Value Colleges for Biomedical Engineering (Income $48-$75k) in the Great Lakes Region
- Best Value Colleges for Biomedical Engineering (Income $48-$75k)
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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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