2023 Best Value Colleges for Electrical Engineering (Income $30-$48k)
284
Ranked Colleges
28,844
Degrees Awarded
$5,000
Avg Net Price*
Students have lots of options to chooose from today when trying to decide which college to attend. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value EE Schools For Those Making $30-$48k” ranking.
Electrical Engineering is the 39th most popular major in the country with 28,844 degrees awarded in 2020-2021. In 2019-2020, electrical engineering graduates who were awarded their degree in 2017-2019, earned an average of $74,380 and had an average of $24,114 in loans still to pay off.
For this year’s “Best Value EE Schools For Those Making $30-$48k” ranking, we looked at 284 colleges that offer a degree 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.
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. Check out our ranking methodology for more information.
More Ways to Rank Electrical Engineering Schools
Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value EE Schools For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.
We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to 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 Those Making $30-$48k
The following schools top our list of the Best Best Value EE Schools For Those Making $30-$48k.
Top 25 Best Value Colleges for Electrical Engineering (Income $30-$48k)
Out of the 284 schools in the Best Value EE Schools For Those Making $30-$48k that were part of this year’s ranking, Massachusetts Institute of Technology landed the #1 spot on the list. MIT is a fairly large private not-for-profit school situated in Cambridge, Massachusetts. It awarded 173 ’s EE degrees in 2020-2021.
MIT not only placed well in this ranking. It is also #1 on our “Best Electrical Engineering Schools” list. It costs about $-2,603 for EE students whose families make $30-$48k per year to attend Massachusetts Institute of Technology. When an average net price is negative, it usually means that the student will receive more financial aid than it costs to attend the school.
The school has an excellent freshman retention rate of 98%, which means students like the school well enough to return for a second year. Since the school has a undergrad student-to-faculty ratio of 3 to 1, those pursuing a degree will have more opportunities to interact with their professors. 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%.
Full Massachusetts Institute of Technology Electrical Engineering Report
You’ll join some of the best and brightest minds around if you attend Duke University. The school came in at #2 for the Best Value EE Schools For Those Making $30-$48k. Duke is a fairly large private not-for-profit school situated in Durham, North Carolina. It awarded 119 ’s EE degrees in 2020-2021.
In addition to being on our ee students whose families make $30-$48k list, Duke has also earned the #8 rank in our “Best Electrical Engineering Schools” ranking. The yearly cost to attend Duke is $-927 for EE students whose families make $30-$48k. 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.
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%. 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 Duke Electrical Engineering Report
Out of the 284 schools in the Best Value EE Schools For Those Making $30-$48k that were part of this year’s ranking, Stanford University landed the #3 spot on the list. Stanford is a fairly large school located in Stanford, California that handed out 259 ’s EE degrees in 2020-2021.
In addition to being on our ee students whose families make $30-$48k list, Stanford has also earned the #2 rank in our “Best Electrical Engineering Schools” ranking. The yearly cost to attend Stanford University is $1,581 for EE 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 undergrad student loan default rate at the school is 0.5%, which is quite low when compared to the national default rate of 10.1%. 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.
Read full report on Electrical Engineering at Stanford University
You’ll be in good company if you decide to attend Princeton University. It ranked #4 on our 2023 Best Value EE Schools For Those Making $30-$48k list. Princeton is a medium-sized private not-for-profit school situated in Princeton, New Jersey. It awarded 84 ’s EE degrees in 2020-2021.
Princeton not only placed well in this ranking. It is also #10 on our “Best Electrical Engineering Schools” list. The yearly cost to attend Princeton is $4,502 for ee students whose families make $30-$48k.
The school has an impressive undergrad student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%. 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.
Read more about Electrical Engineering at Princeton
You’ll be in good company if you decide to attend Northwestern University. It ranked #5 on our 2023 Best Value EE Schools For Those Making $30-$48k list. This large school is located in Evanston, Illinois, and it awarded 76 ’s EE degrees in 2020-2021.
Northwestern did well in our major quality rankings, too. It placed #11 on our “Best Electrical Engineering Schools” list. The estimated yearly cost for Northwestern is $917 for ee students whose families make $30-$48k.
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 impressive undergrad student loan default rate. It’s only 0.6%, 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.
Full Northwestern University Electrical Engineering Report
Columbia University in the City of New York landed the #6 spot on the 2023 Best Value EE Schools For Those Making $30-$48k ranking. Located in New York, New York, this large private not-for-profit school awarded 232 degrees to qualified ’s EE students in 2020-2021.
Columbia not only placed well in this ranking. It is also #12 on our “Best Electrical Engineering Schools” list. The estimated yearly cost for Columbia is $4,699 for ee students whose families make $30-$48k.
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 undergrad student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. With a freshman retention rate of 95%, the school does an excellent job of retaining its undergraduate students.
Full Columbia Electrical Engineering Report
Olin College landed the #7 spot on the 2023 Best Value EE Schools For Those Making $30-$48k ranking. Olin College is a private not-for-profit institution located in Needham, Massachusetts. The school has a small population, and it awarded 22 ’s degrees in 2020-2021.
Olin College also took the #19 spot in our “Best Electrical Engineering Schools” ranking. The yearly cost to attend Olin College is $859 for EE students whose families make $30-$48k.
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 Olin College
University of Pennsylvania ranked #8 on this year’s Best Value EE Schools For Those Making $30-$48k list. 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.
UPenn did well in our major quality rankings, too. It placed #16 on our “Best Electrical Engineering Schools” list. The estimated yearly cost for UPenn is $1,938 for 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 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. 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%.
Read full report on Electrical Engineering at University of Pennsylvania
Washington University in St Louis did quite well in the 2023 Best Value EE Schools For Those Making $30-$48k ranking, coming in at #9. Located in Saint Louis, Missouri, this fairly large private not-for-profit school handed out 116 diplomas to qualified ’s EE students in 2020-2021.
WUSTL also made our “Best Electrical Engineering Schools” list, coming in at #9. The yearly cost to attend WUSTL is $2,446 for EE students whose families make $30-$48k.
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%. With a undergrad student-to-faculty ratio of 7 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read more about Electrical Engineering at Washington University in St Louis
University of Michigan - Ann Arbor came in at #10 in this year’s edition of the Best Value EE Schools For Those Making $30-$48k ranking. University of Michigan - Ann Arbor is a large school located in Ann Arbor, Michigan that handed out 142 ’s EE degrees in 2020-2021.
As a testament to the quality of education offered at U-M, the school also landed the #13 spot in our “Best Electrical Engineering Schools” ranking. The estimated yearly cost for U-M is $5,670 for 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 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%.
Read full report on Electrical Engineering at University of Michigan - Ann Arbor
Johns Hopkins University ranked #11 on this year’s Best Value EE Schools For Those Making $30-$48k list. Located in Baltimore, Maryland, this large private not-for-profit school awarded 217 diplomas to qualified ’s EE students in 2020-2021.
Johns Hopkins did well in our major quality rankings, too. It placed #4 on our “Best Electrical Engineering Schools” list. It costs about $4,859 for ee students whose families make $30-$48k per year to attend Johns Hopkins University.
The undergrad student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%. 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. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.
Full Johns Hopkins University Electrical Engineering Report
Cornell University landed the #12 spot on the 2023 Best Value EE Schools For Those Making $30-$48k ranking. Ithaca, New York is the setting for this large institution of higher learning. The private not-for-profit school handed out ’s EE degrees to 264 students in 2020-2021.
Cornell did well in our major quality rankings, too. It placed #7 on our “Best Electrical Engineering Schools” list. It costs about $5,133 for EE students whose families make $30-$48k per year to attend Cornell.
Students who start out at the school are likely to stick around. The freshman retention rate is 96%. With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. 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 full report on Electrical Engineering at Cornell
With a ranking of #13, University of California - Berkeley did quite well on the 2023 Best Value EE Schools For Those Making $30-$48k list. UC Berkeley is a public institution located in Berkeley, California. The school has a large population, and it awarded 730 ’s degrees in 2020-2021.
UC Berkeley did well in our major quality rankings, too. It placed #3 on our “Best Electrical Engineering Schools” list. The yearly cost to attend University of California - Berkeley is $9,999 for EE students whose families make $30-$48k.
The undergrad student loan default rate at the school is 1.8%, 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 UC Berkeley
University of Florida did quite well in the 2023 Best Value EE Schools For Those Making $30-$48k ranking, coming in at #14. University of Florida is a large public school situated in Gainesville, Florida. It awarded 336 ’s EE degrees in 2020-2021.
UF also claimed a top spot on our “Best Electrical Engineering Schools” list. It’s in the top 15% of all schools reviewed in that analysis. It costs about $2,857 for EE students whose families make $30-$48k per year to attend UF.
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%. 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
Purdue University - Main Campus came in at #15 in this year’s edition of the Best Value EE Schools For Those Making $30-$48k ranking. Purdue is a public institution located in West Lafayette, Indiana. The school has a large population, and it awarded 366 ’s degrees in 2020-2021.
In addition to being on our ee students whose families make $30-$48k list, Purdue has also earned the #20 rank in our “Best Electrical Engineering Schools” ranking. The yearly cost to attend Purdue is $5,853 for ee students whose families make $30-$48k.
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%.
Full Purdue Electrical Engineering Report
Vanderbilt University ranked #16 on this year’s Best Value EE Schools For Those Making $30-$48k list. This fairly large school is located in Nashville, Tennessee, and it awarded 37 ’s EE degrees in 2020-2021.
Vanderbilt excels when it comes to EE quality. It’s ranked in the top 10% of all schools on our “Best Electrical Engineering Schools” list. It costs about $4,652 for EE students whose families make $30-$48k per year to attend Vanderbilt.
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%. The impressive undergraduate 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. The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year.
Read full report on Electrical Engineering at Vanderbilt University
With a ranking of #17, Rice University did quite well on the 2023 Best Value EE Schools For Those Making $30-$48k list. Houston, Texas is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s EE degrees to 46 students in 2020-2021.
Rice also made our “Best Electrical Engineering Schools” list, coming in at #15. The yearly cost to attend Rice is $1,340 for EE students whose families make $30-$48k.
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. 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.
Read full report on Electrical Engineering at Rice
University of Wisconsin - Madison ranked #18 on this year’s Best Value EE Schools For Those Making $30-$48k list. Located in Madison, Wisconsin, this large public school handed out 241 degrees to qualified ’s EE students in 2020-2021.
UW - Madison also made our “Best Electrical Engineering Schools” list, coming in at #24. The yearly cost to attend University of Wisconsin - Madison is $4,788 for EE students whose families make $30-$48k.
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.
Read full report on Electrical Engineering at UW - Madison
University of Washington - Seattle Campus came in at #19 in this year’s edition of the Best Value EE Schools For Those Making $30-$48k ranking. This large school is located in Seattle, Washington, and it awarded 373 ’s EE degrees in 2020-2021.
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. The yearly cost to attend University of Washington - Seattle Campus is $6,399 for EE students whose families make $30-$48k.
The undergrad student loan default rate at the school is 2.1%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students.
Read full report on Electrical Engineering at UW Seattle
University of California - Los Angeles landed the #20 spot on the 2023 Best Value EE Schools For Those Making $30-$48k ranking. UCLA is located in Los Angeles, California and, has a large student population. In 2020-2021, this school awarded 367 ’s EE degrees to qualified students.
UCLA also made our “Best Electrical Engineering Schools” list, coming in at #14. The yearly cost to attend UCLA is $9,891 for EE students whose families make $30-$48k.
With a freshman retention rate of 96%, the school does an excellent job of retaining its undergraduate students. 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%.
Read full report on Electrical Engineering at UCLA
With a ranking of #21, Tufts University did quite well on the 2023 Best Value EE Schools For Those Making $30-$48k list. This fairly large school is located in Medford, Massachusetts, and it awarded 46 ’s EE degrees in 2020-2021.
In addition to being on this list, Tufts is in the top on our “Best Electrical Engineering Schools” list. It’s in the top 15% of all schools reviewed in that analysis. The yearly cost to attend Tufts University is $7,987 for EE students whose families make $30-$48k.
Since the school has a undergrad student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. 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 school has an impressive undergrad 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 Tufts
University of Illinois at Urbana-Champaign came in at #22 in this year’s edition of the Best Value EE Schools For Those Making $30-$48k ranking. University of Illinois at Urbana-Champaign is a large public school situated in Champaign, Illinois. It awarded 463 ’s EE degrees in 2020-2021.
In addition to being on our ee students whose families make $30-$48k list, UIUC has also earned the #25 rank in our “Best Electrical Engineering Schools” ranking. It costs about $8,036 for EE students whose families make $30-$48k per year to attend University of Illinois at Urbana-Champaign.
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 2.3%, which is quite low when compared to the national default rate of 10.1%.
Full University of Illinois at Urbana-Champaign Electrical Engineering Report
University of California - San Diego came in at #23 in this year’s edition of the Best Value EE Schools For Those Making $30-$48k ranking. La Jolla, California is the setting for this large institution of higher learning. The public school handed out ’s EE degrees to 410 students in 2020-2021.
UCSD did well in our major quality rankings, too. It placed #18 on our “Best Electrical Engineering Schools” list. It costs about $11,176 for EE students whose families make $30-$48k per year to attend University of California - San Diego.
The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. The low undergrad 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%.
Read more about Electrical Engineering at UCSD
With a ranking of #24, Carnegie Mellon University did quite well on the 2023 Best Value EE Schools For Those Making $30-$48k list. Carnegie Mellon University is a fairly large private not-for-profit school situated in Pittsburgh, Pennsylvania. It awarded 548 ’s EE degrees in 2020-2021.
Carnegie Mellon not only placed well in this ranking. It is also #5 on our “Best Electrical Engineering Schools” list. It costs about $13,608 for EE students whose families make $30-$48k per year to attend Carnegie Mellon.
Since the school has a undergrad student-to-faculty ratio of 5 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an impressive undergrad student loan default rate. It’s only 0.7%, 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.
Full Carnegie Mellon University Electrical Engineering Report
With a ranking of #25, University of Minnesota - Twin Cities did quite well on the 2023 Best Value EE Schools For Those Making $30-$48k list. 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 also claimed a top spot on our “Best Electrical Engineering Schools” list. It’s in the top [COLLEGE_QUALITY_PECTENTILE_ALL_LEVES]% of all schools in this category. It costs about $8,609 for EE students whose families make $30-$48k per year to attend UMN Twin Cities.
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 University of Minnesota - Twin Cities Electrical Engineering Report
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