2022 Best Value Bachelor’s Degree Colleges for Electrical Engineering (Income $0-$30k)
Students have lots of options to chooose from today when trying to decide which college to attend. 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 EE Schools for a Bachelor’s For Those Making $0-$30k” ranking is part of that endeavor.
Electrical Engineering is the 26th most popular major in the country with 29,892 degrees awarded in 2019-2020.
At the bachelor’s degree level specifically, there were 17,731 electrical engineering graduates with average earnings and debt of $38,303 and $24,501 respectively.
This year’s “Best Value EE Schools for a Bachelor’s For Those Making $0-$30k” ranking analyzed 315 colleges that offered a degree in electrical engineering. Not only do the schools that top this list have excellent electrical engineering programs, but they also cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the electrical 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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The ee 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 EE Schools for a Bachelor’s For Those Making $0-$30k”.
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 EE Schools for a Bachelor’s For Those Making $0-$30k
The colleges and universities below are the best for bachelor’s degree ee students whose families make $0-$30k.
Top 25 Best Value Bachelor’s Degree Colleges for Electrical Engineering (Income $0-$30k)
You’ll be in good company if you decide to attend Olin College. It ranked #1 on our 2022 Best Value EE Schools for a Bachelor’s For Those Making $0-$30k list. Olin College is a small school located in Needham, Massachusetts that handed out 19 bachelors’s EE degrees in 2019-2020.
In addition to being on our bachelor’s degree ee students whose families make $0-$30k list, Olin College has also earned the #1 rank in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Olin College is $845 for bachelor’s degree ee students whose families make $0-$30k.
Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors.
You’ll be in good company if you decide to attend Stanford University. It ranked #2 on our 2022 Best Value EE Schools for a Bachelor’s For Those Making $0-$30k list. Stanford is located in Stanford, California and, has a fairly large student population. In 2019-2020, this school awarded 46 bachelors’s EE degrees to qualified students.
Stanford did well in our major quality rankings, too. It placed #2 on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The yearly cost to attend Stanford is $-1,387 for bachelor’s degree ee students whose families make $0-$30k. A negative average net price may seem strange, but it generally means that financial aid will more than cover the cost to attend the school.
With a student-to-faculty ratio of 4 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The low student loan default rate of 0.5% 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 Northwestern University. The school came in at #3 for the Best Value EE Schools for a Bachelor’s For Those Making $0-$30k. Northwestern University is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 10 bachelors’s EE degrees to qualified students.
As a testament to the quality of education offered at Northwestern, the school also landed the #10 spot in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Northwestern University is $1,866 for bachelor’s degree ee students whose families make $0-$30k.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%. The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Out of the 315 schools in the Best Value EE Schools for a Bachelor’s For Those Making $0-$30k that were part of this year’s ranking, University of Pennsylvania landed the #4 spot on the list. Located in Philadelphia, Pennsylvania, this large private not-for-profit school awarded 25 degrees to qualified bachelors’s EE students in 2019-2020.
UPenn also took the #9 spot in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. It costs about $3,181 for Bachelor’s Degree EE students whose families make $0-$30k per year to attend UPenn.
The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The student loan default rate at the school is 1.4%, which is quite low when compared to the national default rate of 10.1%.
Read more about Electrical Engineering at University of Pennsylvania
You’ll join some of the best and brightest minds around if you attend California Institute of Technology. The school came in at #5 for the Best Value EE Schools for a Bachelor’s For Those Making $0-$30k. California Institute of Technology is a small private not-for-profit school situated in Pasadena, California. It awarded 15 bachelors’s EE degrees in 2019-2020.
In addition to being on our bachelor’s degree ee students whose families make $0-$30k list, Caltech has also earned the #14 rank in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Caltech is $5,456 for bachelor’s degree ee students whose families make $0-$30k.
The impressive 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. The student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.
Read more about Electrical Engineering at California Institute of Technology
Princeton University landed the #6 spot on the 2022 Best Value EE Schools for a Bachelor’s For Those Making $0-$30k ranking. Princeton University is a private not-for-profit institution located in Princeton, New Jersey. The school has a medium-sized population, and it awarded 21 bachelors’s degrees in 2019-2020.
Princeton did well in our major quality rankings, too. It placed #4 on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The yearly cost to attend Princeton University is $1,386 for bachelor’s degree ee students whose families make $0-$30k.
The low student loan default rate of 0.9% 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%. Since the school has a student-to-faculty ratio of 4 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Read more about Electrical Engineering at Princeton University
With a ranking of #7, Washington University in St Louis did quite well on the 2022 Best Value EE Schools for a Bachelor’s For Those Making $0-$30k list. Washington University in St Louis is a fairly large private not-for-profit school situated in Saint Louis, Missouri. It awarded 39 bachelors’s EE degrees in 2019-2020.
In addition to being on our bachelor’s degree ee students whose families make $0-$30k list, WUSTL has also earned the #8 rank in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for WUSTL is $5,273 for bachelor’s degree ee students whose families make $0-$30k.
The student loan default rate at the school is 1.4%, which is quite low when compared to the national default rate of 10.1%. The impressive student-to-faculty ratio of 7 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
Full Washington University in St Louis Electrical Engineering Report
Massachusetts Institute of Technology came in at #8 in this year’s edition of the Best Value EE Schools for a Bachelor’s For Those Making $0-$30k ranking. Located in Cambridge, Massachusetts, this fairly large private not-for-profit school awarded 44 degrees to qualified bachelors’s EE students in 2019-2020.
MIT not only placed well in this ranking. It is also #3 on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The yearly cost to attend MIT is $4,535 for bachelor’s degree ee students whose families make $0-$30k.
With a student-to-faculty ratio of 3 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. With a freshman retention rate of 98%, the school does an excellent job of retaining its students. The low 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%.
Cornell University did quite well in the 2022 Best Value EE Schools for a Bachelor’s For Those Making $0-$30k ranking, coming in at #9. This large school is located in Ithaca, New York, and it awarded 100 bachelors’s EE degrees in 2019-2020.
Cornell also took the #6 spot in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Cornell is $7,484 for Bachelor’s Degree EE students whose families make $0-$30k.
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%. The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Read more about Electrical Engineering at Cornell University
University of Florida landed the #10 spot on the 2022 Best Value EE Schools for a Bachelor’s For Those Making $0-$30k ranking. UF is a public institution located in Gainesville, Florida. The school has a large population, and it awarded 130 bachelors’s degrees in 2019-2020.
As a testament to the quality of education it offers, UF is also in the top of our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. It’s ranked in the top 15% of all schools on our “Best Electrical Engineering Bachelor’s Degree Schools” list. It costs about $1,994 for bachelor’s degree ee students whose families make $0-$30k per year to attend UF.
The student loan default rate at the school is 2.0%, 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 97%.
With a ranking of #11, University of Michigan - Ann Arbor did quite well on the 2022 Best Value EE Schools for a Bachelor’s For Those Making $0-$30k list. Located in Ann Arbor, Michigan, this large public school handed out 99 degrees to qualified bachelors’s EE students in 2019-2020.
U-M did well in our major quality rankings, too. It placed #17 on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The yearly cost to attend U-M is $3,166 for Bachelor’s Degree EE students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 96%. 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%.
Read more about Electrical Engineering at University of Michigan - Ann Arbor
Harvard University came in at #12 in this year’s edition of the Best Value EE Schools for a Bachelor’s For Those Making $0-$30k ranking. This large school is located in Cambridge, Massachusetts, and it awarded 9 bachelors’s EE degrees in 2019-2020.
Harvard also took the #21 spot in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Harvard is $2,973 for bachelor’s degree ee students whose families make $0-$30k.
With a student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. 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 more about Electrical Engineering at Harvard University
Johns Hopkins University ranked #13 on this year’s Best Value EE Schools for a Bachelor’s For Those Making $0-$30k list. Baltimore, Maryland is the setting for this large institution of higher learning. The private not-for-profit school handed out bachelors’s EE degrees to 16 students in 2019-2020.
On top of its placing in this ranking, Johns Hopkins also did well on our “Best Electrical Engineering Bachelor’s Degree Schools” list. It’s in the top 10% of all schools reviewed in that analysis. The yearly cost to attend Johns Hopkins University is $3,526 for bachelor’s degree ee students whose families make $0-$30k.
The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Vanderbilt University came in at #13 in this year’s edition of the Best Value EE Schools for a Bachelor’s For Those Making $0-$30k ranking. Vanderbilt is located in Nashville, Tennessee and, has a fairly large student population. In 2019-2020, this school awarded 22 bachelors’s EE degrees to qualified students.
Vanderbilt did well in our major quality rankings, too. It placed #18 on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Vanderbilt is $3,156 for Bachelor’s Degree EE students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 96%, the school does an excellent job of retaining its students. The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Rice University did quite well in the 2022 Best Value EE Schools for a Bachelor’s For Those Making $0-$30k ranking, coming in at #15. Rice is a private not-for-profit institution located in Houston, Texas. The school has a medium-sized population, and it awarded 38 bachelors’s degrees in 2019-2020.
Rice also made our “Best Electrical Engineering Bachelor’s Degree Schools” list, coming in at #13. It costs about $3,437 for bachelor’s degree ee students whose families make $0-$30k per year to attend Rice.
The student loan default rate at the school is 1.0%, 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 97%. The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
With a ranking of #16, University of California - Berkeley did quite well on the 2022 Best Value EE Schools for a Bachelor’s For Those Making $0-$30k list. University of California - Berkeley is a large school located in Berkeley, California that handed out 452 bachelors’s EE degrees in 2019-2020.
UC Berkeley not only placed well in this ranking. It is also #7 on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for University of California - Berkeley is $8,392 for bachelor’s degree ee students whose families make $0-$30k.
With a freshman retention rate of 96%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%.
Full University of California - Berkeley Electrical Engineering Report
University of Illinois at Urbana-Champaign landed the #17 spot on the 2022 Best Value EE Schools for a Bachelor’s For Those Making $0-$30k ranking. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out bachelors’s EE degrees to 221 students in 2019-2020.
As a testament to the quality of education offered at UIUC, the school also landed the #23 spot in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend University of Illinois at Urbana-Champaign is $5,477 for bachelor’s degree ee students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
University of Wisconsin - Madison landed the #18 spot on the 2022 Best Value EE Schools for a Bachelor’s For Those Making $0-$30k ranking. This large school is located in Madison, Wisconsin, and it awarded 121 bachelors’s EE degrees in 2019-2020.
In addition to being on this list, UW - Madison is in the top on our “Best Electrical Engineering Bachelor’s Degree Schools” list. It’s in the top 15% of all schools in this category. The yearly cost to attend University of Wisconsin - Madison is $4,367 for bachelor’s degree ee students whose families make $0-$30k.
The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%.
Read more about Electrical Engineering at University of Wisconsin - Madison
University of Washington - Seattle Campus ranked #19 on this year’s Best Value EE Schools for a Bachelor’s For Those Making $0-$30k list. Located in Seattle, Washington, this large public school awarded 224 diplomas to qualified bachelors’s EE students in 2019-2020.
UW Seattle excels when it comes to EE quality. It’s in the top 15% of all schools in this category. It costs about $7,850 for bachelor’s degree ee students whose families make $0-$30k per year to attend University of Washington - Seattle Campus.
With a freshman retention rate of 93%, the school does an excellent job of retaining its students. The low student loan default rate of 2.2% 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%.
Purdue University - Main Campus came in at #20 in this year’s edition of the Best Value EE Schools for a Bachelor’s For Those Making $0-$30k ranking. Located in West Lafayette, Indiana, this large public school handed out 216 diplomas to qualified bachelors’s EE students in 2019-2020.
Purdue excels when it comes to EE quality. It’s ranked in the top 10% of all schools on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Purdue is $5,483 for bachelor’s degree ee students whose families make $0-$30k.
The low student loan default rate of 2.2% 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 93%, the school does an excellent job of retaining its students.
With a ranking of #21, University of California - Los Angeles did quite well on the 2022 Best Value EE Schools for a Bachelor’s For Those Making $0-$30k list. UCLA is a large school located in Los Angeles, California that handed out 155 bachelors’s EE degrees in 2019-2020.
In addition to being on our bachelor’s degree ee students whose families make $0-$30k list, UCLA has also earned the #16 rank in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for University of California - Los Angeles is $8,553 for Bachelor’s Degree EE students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 1.0%, 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%.
With a ranking of #22, University of Maryland - College Park did quite well on the 2022 Best Value EE Schools for a Bachelor’s For Those Making $0-$30k list. UMCP is a large public school situated in College Park, Maryland. It awarded 121 bachelors’s EE degrees in 2019-2020.
As a testament to the quality of education it offers, UMCP is also in the top of our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. It’s in the top 15% of all schools in this category. The yearly cost to attend UMCP is $8,054 for bachelor’s degree ee students whose families make $0-$30k.
The student loan default rate at the school is 2.4%, which is quite low when compared to the national default 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.
Full University of Maryland - College Park Electrical Engineering Report
Tufts University landed the #23 spot on the 2022 Best Value EE Schools for a Bachelor’s For Those Making $0-$30k ranking. Tufts University is a private not-for-profit institution located in Medford, Massachusetts. The school has a fairly large population, and it awarded 19 bachelors’s degrees in 2019-2020.
Tufts also made our “Best Electrical Engineering Bachelor’s Degree Schools” list, coming in at #22. The yearly cost to attend Tufts is $5,267 for Bachelor’s Degree EE students whose families make $0-$30k.
The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year. 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%. Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors.
University of Notre Dame ranked #24 on this year’s Best Value EE Schools for a Bachelor’s For Those Making $0-$30k list. Notre Dame, Indiana is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out bachelors’s EE degrees to 41 students in 2019-2020.
In addition to being on our bachelor’s degree ee students whose families make $0-$30k list, Notre Dame has also earned the #12 rank in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. It costs about $12,498 for Bachelor’s Degree EE students whose families make $0-$30k per year to attend Notre Dame.
Students who start out at the school are likely to stick around. The freshman retention rate is 97%. 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%. The student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
With a ranking of #25, Michigan Technological University did quite well on the 2022 Best Value EE Schools for a Bachelor’s For Those Making $0-$30k list. This medium-sized school is located in Houghton, Michigan, and it awarded 77 bachelors’s EE degrees in 2019-2020.
On top of its placing in this ranking, Michigan Tech also did well on our “Best Electrical Engineering Bachelor’s Degree Schools” list. It’s in the top 20% of all schools in this category. The yearly cost to attend Michigan Tech is $8,295 for bachelor’s degree ee students whose families make $0-$30k.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. 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%.
Rest of the Best 48 in Best Value EE Schools for a Bachelor’s For Those Making $0-$30k
Not only did these schools make the top 48 list, but they also landed in the top 15% of this year’s ranking:
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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 NASA.
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