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2023 Best Value Colleges for Electrical Engineering (Income $48-$75k)

283 Ranked Colleges
28,166 Degrees Awarded
Best Value EE Schools For Those Making $48-$75k

When pursuing a degree in today’s world, students have many different options to choose from. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value EE Schools For Those Making $48-$75k” ranking - to help you make that decision.

Electrical Engineering is the 30th most popular major in the country with 28,166 degrees awarded in 2020-2021.

This year’s “Best Value EE Schools For Those Making $48-$75k” ranking looked at 283 colleges that offer degrees in a bachelor’s in electrical engineering. The schools that top this list are recognized because they have great electrical engineering programs and cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the electrical engineering program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.

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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 EE Schools For Those Making $48-$75k” 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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value EE Schools For Those Making $48-$75k

The following schools top our list of the Best Best Value EE Schools For Those Making $48-$75k.

Top 25 Best Value Colleges for Electrical Engineering (Income $48-$75k)

1
Stanford crest
Stanford University
Stanford, California

Out of the 283 schools in the Best Value EE Schools For Those Making $48-$75k that were part of this year’s ranking, Stanford University landed the #1 spot on the list. Stanford University is a fairly large school located in Stanford, California that handed out 259 ’s EE degrees in 2020-2021.

Stanford also took the #2 spot in our “Best Electrical Engineering Schools” ranking. It costs about $7,081 for EE students whose families make $48-$75k per year to attend Stanford University.

The impressive undergraduate 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. The school has an impressive undergrad student loan default rate. It’s only 0.5%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 86%, the school does an excellent job of retaining its undergraduate students.

Full Stanford University Electrical Engineering Report

2

You’ll join some of the best and brightest minds around if you attend Massachusetts Institute of Technology. The school came in at #2 for the Best Value EE Schools For Those Making $48-$75k. Massachusetts Institute of Technology is a fairly large school located in Cambridge, Massachusetts that handed out 173 ’s EE degrees in 2020-2021.

MIT also made our “Best Electrical Engineering Schools” list, coming in at #1. It costs about $2,834 for ee students whose families make $48-$75k per year to attend MIT.

With a undergrad 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 undergraduate students. The low undergrad student loan default rate of 0.3% 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%.

Read more about Electrical Engineering at Massachusetts Institute of Technology

3
Duke crest
Duke University
Durham, North Carolina

Out of the 283 schools in the Best Value EE Schools For Those Making $48-$75k that were part of this year’s ranking, Duke University landed the #3 spot on the list. Duke is a private not-for-profit institution located in Durham, North Carolina. The school has a fairly large population, and it awarded 119 ’s degrees in 2020-2021.

As a testament to the quality of education offered at Duke, the school also landed the #8 spot in our “Best Electrical Engineering Schools” ranking. It costs about $7,160 for ee students whose families make $48-$75k per year to attend Duke.

The undergrad student loan default rate at the school is 0.3%, 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 undergraduate students. The undergraduate 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.

Read full report on Electrical Engineering at Duke University

4

Out of the 283 schools in the Best Value EE Schools For Those Making $48-$75k that were part of this year’s ranking, Columbia University in the City of New York landed the #4 spot on the list. This large school is located in New York, New York, and it awarded 232 ’s EE degrees in 2020-2021.

Columbia also made our “Best Electrical Engineering Schools” list, coming in at #12. The yearly cost to attend Columbia is $8,106 for EE students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 95%. Since the school has a undergrad student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The low undergrad student loan default rate of 1.7% 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%.

Read more about Electrical Engineering at Columbia

5
Northwestern crest
Northwestern University
Evanston, Illinois

Out of the 283 schools in the Best Value EE Schools For Those Making $48-$75k that were part of this year’s ranking, Northwestern University landed the #5 spot on the list. Evanston, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out ’s EE degrees to 76 students in 2020-2021.

Northwestern not only placed well in this ranking. It is also #11 on our “Best Electrical Engineering Schools” list. It costs about $5,849 for ee students whose families make $48-$75k per year to attend Northwestern University.

The undergraduate 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. 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 low undergrad 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%.

Read more about Electrical Engineering at Northwestern University

6
Olin College crest
Olin College
Needham, Massachusetts

With a ranking of #6, Olin College did quite well on the 2023 Best Value EE Schools For Those Making $48-$75k list. This small school is located in Needham, Massachusetts, and it awarded 22 ’s EE degrees in 2020-2021.

Olin College not only placed well in this ranking. It is also #18 on our “Best Electrical Engineering Schools” list. The estimated yearly cost for Olin College is $14,300 for ee students whose families make $48-$75k.

The impressive undergraduate 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.

Read full report on Electrical Engineering at Olin College

7
Johns Hopkins crest
Johns Hopkins University
Baltimore, Maryland

With a ranking of #7, Johns Hopkins University did quite well on the 2023 Best Value EE Schools For Those Making $48-$75k list. Johns Hopkins University is a large private not-for-profit school situated in Baltimore, Maryland. It awarded 217 ’s EE degrees in 2020-2021.

Johns Hopkins not only placed well in this ranking. It is also #4 on our “Best Electrical Engineering Schools” list. The estimated yearly cost for Johns Hopkins is $8,457 for ee students whose families make $48-$75k.

The low undergrad student loan default rate of 1.3% 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%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. With a undergrad student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read more about Electrical Engineering at Johns Hopkins University

8
Princeton crest
Princeton University
Princeton, New Jersey

With a ranking of #8, Princeton University did quite well on the 2023 Best Value EE Schools For Those Making $48-$75k list. Located in Princeton, New Jersey, this medium-sized private not-for-profit school handed out 84 degrees to qualified ’s EE students in 2020-2021.

Princeton not only placed well in this ranking. It is also #10 on our “Best Electrical Engineering Schools” list. It costs about $5,542 for ee students whose families make $48-$75k per year to attend Princeton.

The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. Since the school has a undergrad student-to-faculty ratio of 4 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Full Princeton Electrical Engineering Report

9
Rice crest
Rice University
Houston, Texas

Rice University ranked #9 on this year’s Best Value EE Schools For Those Making $48-$75k list. Rice University is a private not-for-profit institution located in Houston, Texas. The school has a medium-sized population, and it awarded 46 ’s degrees in 2020-2021.

Rice did well in our major quality rankings, too. It placed #15 on our “Best Electrical Engineering Schools” list. The estimated yearly cost for Rice is $6,152 for ee students whose families make $48-$75k.

The undergrad student loan default rate at the school is 0.2%, which is quite low when compared to the national default rate of 10.1%. The undergraduate 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. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.

Full Rice Electrical Engineering Report

10
Vanderbilt crest
Vanderbilt University
Nashville, Tennessee

Vanderbilt University landed the #10 spot on the 2023 Best Value EE Schools For Those Making $48-$75k ranking. Located in Nashville, Tennessee, this fairly large private not-for-profit school handed out 37 diplomas to qualified ’s EE students in 2020-2021.

On top of its placing in this ranking, Vanderbilt also did well on our “Best Electrical Engineering Schools” list. It’s ranked in the top 10% of all schools on our “Best Electrical Engineering Schools” list. It costs about $7,694 for EE students whose families make $48-$75k per year to attend Vanderbilt.

The undergraduate 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. 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 undergrad 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%.

Read more about Electrical Engineering at Vanderbilt

11

University of Michigan - Ann Arbor came in at #11 in this year’s edition of the Best Value EE Schools For Those Making $48-$75k ranking. University of Michigan - Ann Arbor is a public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 142 ’s degrees in 2020-2021.

U-M did well in our major quality rankings, too. It placed #13 on our “Best Electrical Engineering Schools” list. The yearly cost to attend U-M is $10,481 for EE students whose families make $48-$75k.

The school has an impressive undergrad student loan default rate. It’s only 1.3%, 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%.

Read full report on Electrical Engineering at University of Michigan - Ann Arbor

12

University of California - Berkeley came in at #12 in this year’s edition of the Best Value EE Schools For Those Making $48-$75k ranking. UC Berkeley is located in Berkeley, California and, has a large student population. In 2020-2021, this school awarded 729 ’s EE degrees to qualified students.

In addition to being on our ee students whose families make $48-$75k list, UC Berkeley has also earned the #3 rank in our “Best Electrical Engineering Schools” ranking. It costs about $13,423 for EE students whose families make $48-$75k per year to attend UC Berkeley.

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 school has an impressive undergrad student loan default rate. It’s only 1.8%, which is much lower than the national rate of 10.1%.

Read full report on Electrical Engineering at University of California - Berkeley

13
Cornell crest
Cornell University
Ithaca, New York

Cornell University landed the #13 spot on the 2023 Best Value EE Schools For Those Making $48-$75k ranking. This large school is located in Ithaca, New York, and it awarded 264 ’s EE degrees in 2020-2021.

As a testament to the quality of education offered at Cornell, the school also landed the #7 spot in our “Best Electrical Engineering Schools” ranking. The yearly cost to attend Cornell is $9,785 for ee students whose families make $48-$75k.

The school has an impressive undergrad student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%. The undergraduate 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. Students who start out at the school are likely to stick around. The freshman retention rate is 96%.

Read full report on Electrical Engineering at Cornell University

14
Purdue crest
Purdue University - Main Campus
West Lafayette, Indiana

Purdue University - Main Campus landed the #14 spot on the 2023 Best Value EE Schools For Those Making $48-$75k ranking. This large school is located in West Lafayette, Indiana, and it awarded 366 ’s EE degrees in 2020-2021.

Purdue also made our “Best Electrical Engineering Schools” list, coming in at #19. The estimated yearly cost for Purdue University - Main Campus is $8,450 for ee students whose families make $48-$75k.

The school has an impressive undergrad student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students.

Full Purdue University - Main Campus Electrical Engineering Report

15

Washington University in St Louis landed the #15 spot on the 2023 Best Value EE Schools For Those Making $48-$75k ranking. WUSTL is a private not-for-profit institution located in Saint Louis, Missouri. The school has a fairly large population, and it awarded 82 ’s degrees in 2020-2021.

WUSTL not only placed well in this ranking. It is also #9 on our “Best Electrical Engineering Schools” list. It costs about $8,149 for EE students whose families make $48-$75k per year to attend WUSTL.

Since the school has a undergrad student-to-faculty ratio of 7 to 1, those pursuing a degree will have more opportunities to interact with their professors. With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students. The undergrad 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 WUSTL

16
UF crest
University of Florida
Gainesville, Florida

University of Florida landed the #16 spot on the 2023 Best Value EE Schools For Those Making $48-$75k ranking. Gainesville, Florida is the setting for this large institution of higher learning. The public school handed out ’s EE degrees to 336 students in 2020-2021.

UF also claimed a top spot on our “Best Electrical Engineering Schools” list. It’s ranked in the top 15% of all schools on our “Best Electrical Engineering Schools” list. It costs about $8,394 for ee students whose families make $48-$75k per year to attend UF.

The undergrad student loan default rate at the school is 1.7%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.

Read full report on Electrical Engineering at UF

17

University of Washington - Seattle Campus did quite well in the 2023 Best Value EE Schools For Those Making $48-$75k ranking, coming in at #17. University of Washington - Seattle Campus is located in Seattle, Washington and, has a large student population. In 2020-2021, this school awarded 373 ’s EE degrees to qualified students.

As a testament to the quality of education it offers, UW Seattle is also in the top of our “Best Electrical Engineering Schools” ranking. It’s in the top [COLLEGE_QUALITY_PECTENTILE_ALL_LEVES]% of all schools in this category. It costs about $8,393 for EE students whose families make $48-$75k per year to attend University of Washington - Seattle Campus.

The low undergrad student loan default rate of 2.1% 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%. With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students.

Read more about Electrical Engineering at UW Seattle

18

University of California - Los Angeles ranked #18 on this year’s Best Value EE Schools For Those Making $48-$75k list. UCLA is a large school located in Los Angeles, California that handed out 360 ’s EE degrees in 2020-2021.

UCLA did well in our major quality rankings, too. It placed #14 on our “Best Electrical Engineering Schools” list. It costs about $12,644 for EE students whose families make $48-$75k per year to attend University of California - Los Angeles.

The undergrad student loan default rate at the school is 1.6%, 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%.

Read full report on Electrical Engineering at UCLA

19
UPenn crest
University of Pennsylvania
Philadelphia, Pennsylvania

University of Pennsylvania came in at #19 in this year’s edition of the Best Value EE Schools For Those Making $48-$75k ranking. UPenn is located in Philadelphia, Pennsylvania and, has a large student population. In 2020-2021, this school awarded 116 ’s EE degrees to qualified students.

In addition to being on our ee students whose families make $48-$75k list, UPenn has also earned the #16 rank in our “Best Electrical Engineering Schools” ranking. The estimated yearly cost for University of Pennsylvania is $12,020 for ee students whose families make $48-$75k.

The undergrad 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 undergraduate 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. The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year.

Read full report on Electrical Engineering at UPenn

20

University of Wisconsin - Madison landed the #20 spot on the 2023 Best Value EE Schools For Those Making $48-$75k ranking. This large school is located in Madison, Wisconsin, and it awarded 227 ’s EE degrees in 2020-2021.

UW - Madison not only placed well in this ranking. It is also #24 on our “Best Electrical Engineering Schools” list. The yearly cost to attend University of Wisconsin - Madison is $10,364 for EE students whose families make $48-$75k.

The undergrad student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 95%, the school does an excellent job of retaining its undergraduate students.

Full UW - Madison Electrical Engineering Report

21

University of Illinois at Urbana-Champaign came in at #21 in this year’s edition of the Best Value EE Schools For Those Making $48-$75k ranking. UIUC is a large public school situated in Champaign, Illinois. It awarded 463 ’s EE degrees in 2020-2021.

UIUC did well in our major quality rankings, too. It placed #25 on our “Best Electrical Engineering Schools” list. It costs about $11,505 for ee students whose families make $48-$75k per year to attend University of Illinois at Urbana-Champaign.

The school has an impressive undergrad student loan default rate. It’s only 2.3%, 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 94%.

Full University of Illinois at Urbana-Champaign Electrical Engineering Report

22

University of California - San Diego landed the #22 spot on the 2023 Best Value EE Schools For Those Making $48-$75k ranking. This large school is located in La Jolla, California, and it awarded 289 ’s EE degrees in 2020-2021.

UCSD also took the #20 spot in our “Best Electrical Engineering Schools” ranking. The estimated yearly cost for UCSD is $14,310 for EE students whose families make $48-$75k.

The school has an impressive undergrad student loan default rate. It’s only 1.0%, 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.

Read more about Electrical Engineering at UCSD

23
Carnegie Mellon crest
Carnegie Mellon University
Pittsburgh, Pennsylvania

Carnegie Mellon University landed the #23 spot on the 2023 Best Value EE Schools For Those Making $48-$75k ranking. Carnegie Mellon is located in Pittsburgh, Pennsylvania and, has a fairly large student population. In 2020-2021, this school awarded 548 ’s EE degrees to qualified students.

Carnegie Mellon also made our “Best Electrical Engineering Schools” list, coming in at #5. It costs about $21,526 for ee students whose families make $48-$75k per year to attend Carnegie Mellon.

The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. The undergraduate 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. Students who start out at the school are likely to stick around. The freshman retention rate is 96%.

Read more about Electrical Engineering at Carnegie Mellon University

24

With a ranking of #24, Georgia Institute of Technology - Main Campus did quite well on the 2023 Best Value EE Schools For Those Making $48-$75k list. Georgia Tech is located in Atlanta, Georgia and, has a large student population. In 2020-2021, this school awarded 589 ’s EE degrees to qualified students.

Georgia Tech also made our “Best Electrical Engineering Schools” list, coming in at #22. The yearly cost to attend Georgia Institute of Technology - Main Campus is $15,415 for ee students whose families make $48-$75k.

The school has an impressive undergrad student loan default rate. It’s only 0.9%, 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 undergraduate students.

Read more about Electrical Engineering at Georgia Institute of Technology - Main Campus

25

University of Minnesota - Twin Cities landed the #25 spot on the 2023 Best Value EE Schools For Those Making $48-$75k ranking. University of Minnesota - Twin Cities is located in Minneapolis, Minnesota and, has a large student population. In 2020-2021, this school awarded 184 ’s EE degrees to qualified students.

UMN Twin Cities excels when it comes to EE quality. It’s ranked in the top 20% of all schools on our “Best Electrical Engineering Schools” list. It costs about $12,911 for ee students whose families make $48-$75k per year to attend UMN Twin Cities.

With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%.

Read more about Electrical Engineering at University of Minnesota - Twin Cities

Rest of the Best 43 in Best Value EE Schools For Those Making $48-$75k

Not only did these schools make the top 43 list, but they also landed in the top 15% of this year’s ranking:

26
27
28
Tufts crest
Tufts University
Medford, Massachusetts
29
30
30
University of Virginia crest
University of Virginia - Main Campus
Charlottesville, Virginia
32
33
34
35
36
37
38
Oakland crest
Oakland University
Rochester Hills, Michigan
39
NC State crest
North Carolina State University
Raleigh, North Carolina
40
41
USC crest
University of Southern California
Los Angeles, California
42
43
Florida State crest
Florida State University
Tallahassee, Florida

Notes and References

References

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