2022 Best Value Bachelor’s Degree Colleges for Electrical Engineering (Income $30-$48k)
With all of the options students have for higher education today, it can be tough to choose which direction to take. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value EE Schools for a Bachelor’s For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.
In 2019-2020, 29,892 people earned their degree in electrical engineering, making the major the 26th most popular in the United States.
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.
For this year’s “Best Value EE Schools for a Bachelor’s For Those Making $30-$48k” ranking, we looked at 313 colleges that offer 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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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value EE Schools for a Bachelor’s For Those Making $30-$48k” list, to help you choose the best school for you.
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Best Value EE Schools for a Bachelor’s For Those Making $30-$48k
The following schools top our list of the Best Best Value EE Schools for a Bachelor’s For Those Making $30-$48k.
Top 25 Best Value Bachelor’s Degree Colleges for Electrical Engineering (Income $30-$48k)
You’ll be in good company if you decide to attend Massachusetts Institute of Technology. It ranked #1 on our 2022 Best Value EE Schools for a Bachelor’s For Those Making $30-$48k list. Located in Cambridge, Massachusetts, this fairly large private not-for-profit school handed out 44 degrees to qualified bachelors’s EE students in 2019-2020.
MIT did well in our major quality rankings, too. It placed #3 on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Massachusetts Institute of Technology is $1,820 for bachelor’s degree ee students whose families make $30-$48k.
The student-to-faculty ratio of 3 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 98%.
Read full report on Electrical Engineering at Massachusetts Institute of Technology
You’ll join some of the best and brightest minds around if you attend Olin College. The school came in at #2 for the Best Value EE Schools for a Bachelor’s For Those Making $30-$48k. This small school is located in Needham, Massachusetts, and it awarded 19 bachelors’s EE degrees in 2019-2020.
Olin College not only placed well in this ranking. It is also #1 on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The yearly cost to attend Olin College is $3,388 for bachelor’s degree ee students whose families make $30-$48k.
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.
Out of the 313 schools in the Best Value EE Schools for a Bachelor’s For Those Making $30-$48k that were part of this year’s ranking, Stanford University landed the #3 spot on the list. Stanford, California is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out bachelors’s EE degrees to 46 students in 2019-2020.
In addition to being on our bachelor’s degree ee students whose families make $30-$48k list, Stanford has also earned the #2 rank in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Stanford is $1,145 for Bachelor’s Degree EE students whose families make $30-$48k.
The impressive student-to-faculty ratio of 4 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The student loan default rate at the school is 0.5%, which is quite low when compared to the national default rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #4 for the Best Value EE Schools for a Bachelor’s For Those Making $30-$48k. Northwestern 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.
Northwestern not only placed well in this ranking. It is also #10 on our “Best Electrical Engineering Bachelor’s Degree Schools” list. It costs about $3,995 for Bachelor’s Degree EE students whose families make $30-$48k per year to attend Northwestern.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. 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 low student loan default rate of 0.8% 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%.
Out of the 313 schools in the Best Value EE Schools for a Bachelor’s For Those Making $30-$48k that were part of this year’s ranking, University of Pennsylvania landed the #5 spot on the list. UPenn is located in Philadelphia, Pennsylvania and, has a large student population. In 2019-2020, this school awarded 25 bachelors’s EE degrees to qualified students.
UPenn did well in our major quality rankings, too. It placed #9 on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for University of Pennsylvania is $4,833 for Bachelor’s Degree EE students whose families make $30-$48k.
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 low student loan default rate of 1.4% 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 student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Full University of Pennsylvania Electrical Engineering Report
Washington University in St Louis came in at #6 in this year’s edition of the Best Value EE Schools for a Bachelor’s For Those Making $30-$48k ranking. Located in Saint Louis, Missouri, this fairly large private not-for-profit school awarded 39 diplomas to qualified bachelors’s EE students in 2019-2020.
In addition to being on our bachelor’s degree ee students whose families make $30-$48k 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 $6,248 for bachelor’s degree ee students whose families make $30-$48k.
With a freshman retention rate of 94%, the school does an excellent job of retaining its students. 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.
Read full report on Electrical Engineering at Washington University in St Louis
Rice University did quite well in the 2022 Best Value EE Schools for a Bachelor’s For Those Making $30-$48k ranking, coming in at #7. 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. The estimated yearly cost for Rice is $7,534 for Bachelor’s Degree EE students whose families make $30-$48k.
With a student-to-faculty ratio of 6 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 97%. The low student loan default rate of 1.0% 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%.
Princeton University ranked #8 on this year’s Best Value EE Schools for a Bachelor’s For Those Making $30-$48k list. Princeton University is a medium-sized school located in Princeton, New Jersey that handed out 21 bachelors’s EE degrees in 2019-2020.
Princeton not only placed well in this ranking. It is also #4 on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Princeton University is $2,044 for Bachelor’s Degree EE students whose families make $30-$48k.
The student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%. The impressive student-to-faculty ratio of 4 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Harvard University did quite well in the 2022 Best Value EE Schools for a Bachelor’s For Those Making $30-$48k ranking, coming in at #9. Harvard University is a large school located in Cambridge, Massachusetts that handed out 9 bachelors’s EE degrees in 2019-2020.
In addition to being on our bachelor’s degree ee students whose families make $30-$48k list, Harvard has also earned the #21 rank in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. It costs about $1,010 for bachelor’s degree ee students whose families make $30-$48k per year to attend Harvard.
The student-to-faculty ratio of 5 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The student loan default rate at the school is 1.1%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Electrical Engineering at Harvard University
With a ranking of #10, Cornell University did quite well on the 2022 Best Value EE Schools for a Bachelor’s For Those Making $30-$48k list. This large school is located in Ithaca, New York, and it awarded 100 bachelors’s EE degrees in 2019-2020.
As a testament to the quality of education offered at Cornell, the school also landed the #6 spot in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. It costs about $7,518 for bachelor’s degree ee students whose families make $30-$48k per year to attend Cornell.
The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. The impressive student-to-faculty ratio of 9 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 impressive student loan default rate. It’s only 1.1%, which is much lower than the national rate of 10.1%.
Vanderbilt University came in at #11 in this year’s edition of the Best Value EE Schools for a Bachelor’s For Those Making $30-$48k ranking. Vanderbilt is a fairly large private not-for-profit school situated in Nashville, Tennessee. It awarded 22 bachelors’s EE degrees in 2019-2020.
Vanderbilt also took the #18 spot in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Vanderbilt University is $6,017 for bachelor’s degree ee students whose families make $30-$48k.
The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. The low student loan default rate of 1.0% 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 impressive student-to-faculty ratio of 8 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 Electrical Engineering at Vanderbilt University
University of Florida did quite well in the 2022 Best Value EE Schools for a Bachelor’s For Those Making $30-$48k ranking, coming in at #12. University of Florida is located in Gainesville, Florida and, has a large student population. In 2019-2020, this school awarded 130 bachelors’s EE degrees to qualified students.
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. The estimated yearly cost for UF is $4,069 for Bachelor’s Degree EE students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 2.0%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
Read full report on Electrical Engineering at University of Florida
University of Michigan - Ann Arbor came in at #13 in this year’s edition of the Best Value EE Schools for a Bachelor’s For Those Making $30-$48k ranking. Ann Arbor, Michigan is the setting for this large institution of higher learning. The public school handed out bachelors’s EE degrees to 99 students in 2019-2020.
As a testament to the quality of education offered at U-M, the school also landed the #17 spot in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. It costs about $5,887 for bachelor’s degree ee students whose families make $30-$48k per year to attend U-M.
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%. With a freshman retention rate of 96%, the school does an excellent job of retaining its students.
Full University of Michigan - Ann Arbor Electrical Engineering Report
Columbia University in the City of New York landed the #14 spot on the 2022 Best Value EE Schools for a Bachelor’s For Those Making $30-$48k ranking. Columbia is a large school located in New York, New York that handed out 45 bachelors’s EE degrees in 2019-2020.
In addition to being on this list, Columbia is in the top on our “Best Electrical Engineering Bachelor’s Degree Schools” list. It’s ranked in the top 10% of all schools on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The yearly cost to attend Columbia University in the City of New York is $4,287 for Bachelor’s Degree EE students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 2.1%, which is much lower than the national rate of 10.1%. With a student-to-faculty ratio of 6 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 95%.
Full Columbia University in the City of New York Electrical Engineering Report
Johns Hopkins University did quite well in the 2022 Best Value EE Schools for a Bachelor’s For Those Making $30-$48k ranking, coming in at #15. Johns Hopkins is located in Baltimore, Maryland and, has a large student population. In 2019-2020, this school awarded 16 bachelors’s EE degrees to qualified students.
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 is $8,210 for Bachelor’s Degree EE students whose families make $30-$48k.
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. 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 school has an impressive student loan default rate. It’s only 1.3%, which is much lower than the national rate of 10.1%.
Read full report on Electrical Engineering at Johns Hopkins University
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 $30-$48k list. Located in Berkeley, California, this large public school awarded 452 diplomas to qualified bachelors’s EE students in 2019-2020.
UC Berkeley also took the #7 spot in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend UC Berkeley is $9,130 for Bachelor’s Degree EE students whose families make $30-$48k.
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%. The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year.
University of Wisconsin - Madison came in at #17 in this year’s edition of the Best Value EE Schools for a Bachelor’s For Those Making $30-$48k ranking. University of Wisconsin - Madison is a large school located in Madison, Wisconsin that handed out 121 bachelors’s EE degrees in 2019-2020.
UW - Madison also claimed a top spot on our “Best Electrical Engineering Bachelor’s Degree Schools” list. It’s ranked in the top 15% of all schools on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for University of Wisconsin - Madison is $6,860 for Bachelor’s Degree EE students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 0.8%, 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 95%.
Purdue University - Main Campus came in at #18 in this year’s edition of the Best Value EE Schools for a Bachelor’s For Those Making $30-$48k ranking. Purdue is a large public school situated in West Lafayette, Indiana. It awarded 216 bachelors’s EE degrees in 2019-2020.
Purdue also claimed a top spot on our “Best Electrical Engineering Bachelor’s Degree Schools” list. It’s in the top 10% of all schools in this category. The estimated yearly cost for Purdue is $5,879 for Bachelor’s Degree EE students whose families make $30-$48k.
The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.
University of Notre Dame ranked #19 on this year’s Best Value EE Schools for a Bachelor’s For Those Making $30-$48k list. University of Notre Dame is located in Notre Dame, Indiana and, has a fairly large student population. In 2019-2020, this school awarded 41 bachelors’s EE degrees to qualified students.
Notre Dame not only placed well in this ranking. It is also #12 on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for University of Notre Dame is $15,609 for Bachelor’s Degree EE students whose families make $30-$48k.
The impressive student-to-faculty ratio of 9 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 0.7%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
University of Washington - Seattle Campus did quite well in the 2022 Best Value EE Schools for a Bachelor’s For Those Making $30-$48k ranking, coming in at #20. University of Washington - Seattle Campus is a public institution located in Seattle, Washington. The school has a large population, and it awarded 224 bachelors’s degrees in 2019-2020.
UW Seattle also claimed a top spot 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 Washington - Seattle Campus is $7,467 for bachelor’s degree ee students whose families make $30-$48k.
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%.
Northeastern University landed the #21 spot on the 2022 Best Value EE Schools for a Bachelor’s For Those Making $30-$48k ranking. Northeastern University is located in Boston, Massachusetts and, has a large student population. In 2019-2020, this school awarded 84 bachelors’s EE degrees to qualified students.
Northeastern did well in our major quality rankings, too. It placed #24 on our “Best Electrical Engineering Bachelor’s Degree Schools” list. It costs about $12,823 for Bachelor’s Degree EE students whose families make $30-$48k per year to attend Northeastern.
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 2.2%, which is quite low when compared to the national default rate of 10.1%.
Tufts University came in at #22 in this year’s edition of the Best Value EE Schools for a Bachelor’s For Those Making $30-$48k ranking. Tufts is located in Medford, Massachusetts and, has a fairly large student population. In 2019-2020, this school awarded 19 bachelors’s EE degrees to qualified students.
Tufts did well in our major quality rankings, too. It placed #22 on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Tufts University is $6,516 for Bachelor’s Degree EE students whose families make $30-$48k.
Students who start out at the school are likely to stick around. The freshman retention rate is 92%. The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. 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%.
University of Illinois at Urbana-Champaign came in at #23 in this year’s edition of the Best Value EE Schools for a Bachelor’s For Those Making $30-$48k ranking. University of Illinois at Urbana-Champaign is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 221 bachelors’s degrees 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. It costs about $8,464 for bachelor’s degree ee students whose families make $30-$48k per year to attend University of Illinois at Urbana-Champaign.
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 94%, which means students like the school well enough to return for a second year.
University of California - Los Angeles did quite well in the 2022 Best Value EE Schools for a Bachelor’s For Those Making $30-$48k ranking, coming in at #24. UCLA is a large public school situated in Los Angeles, California. It awarded 155 bachelors’s EE degrees in 2019-2020.
UCLA also took the #16 spot in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend UCLA is $9,254 for Bachelor’s Degree EE students whose families make $30-$48k.
The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. The low student loan default rate of 1.0% 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%.
Carnegie Mellon University came in at #25 in this year’s edition of the Best Value EE Schools for a Bachelor’s For Those Making $30-$48k ranking. Carnegie Mellon University is a fairly large school located in Pittsburgh, Pennsylvania that handed out 140 bachelors’s EE degrees in 2019-2020.
Carnegie Mellon also took the #5 spot in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. It costs about $13,782 for bachelor’s degree ee students whose families make $30-$48k per year to attend Carnegie Mellon University.
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 low student loan default rate of 0.6% 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%. With a freshman retention rate of 96%, the school does an excellent job of retaining its students.
Read full report on Electrical Engineering at Carnegie Mellon
Rest of the Best 47 in Best Value EE Schools for a Bachelor’s For Those Making $30-$48k
Not only did these schools make the top 47 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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