2023 Best Value Colleges for Electrical Engineering (Income $48-$75k)
284
Ranked Colleges
28,844
Degrees Awarded
Students have lots of options to chooose from today when trying to decide which college to attend. 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 Those Making $48-$75k” ranking is one tool we have developed to help in this regard.
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.
This year’s “Best Value EE Schools For Those Making $48-$75k” ranking analyzed 284 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.
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.
More Ways to Rank Electrical Engineering Schools
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 Those Making $48-$75k”.
In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
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)
You’ll be in good company if you decide to attend Stanford University. It ranked #1 on our 2023 Best Value EE Schools For Those Making $48-$75k list. Stanford, California is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s EE degrees to 259 students in 2020-2021.
Stanford not only placed well in this ranking. It is also #2 on our “Best Electrical Engineering Schools” list. It costs about $7,081 for EE students whose families make $48-$75k per year to attend Stanford.
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 undergrad 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%. The undergraduate student-to-faculty ratio of 4 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Full Stanford Electrical Engineering Report
Out of the 284 schools in the Best Value EE Schools For Those Making $48-$75k that were part of this year’s ranking, Massachusetts Institute of Technology landed the #2 spot on the list. Massachusetts Institute of Technology is a fairly large school located in Cambridge, Massachusetts that handed out 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. The estimated yearly cost for MIT is $2,834 for ee students whose families make $48-$75k.
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 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.
Read full report on Electrical Engineering at Massachusetts Institute of Technology
You’ll be in good company if you decide to attend Duke University. It ranked #3 on our 2023 Best Value EE Schools For Those Making $48-$75k list. Duke University is a fairly large school located in Durham, North Carolina that handed out 119 ’s EE degrees in 2020-2021.
Duke also took 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 University.
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 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 97%, the school does an excellent job of retaining its undergraduate students.
Full Duke Electrical Engineering Report
Out of the 284 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 University in the City of New York is $8,106 for EE students whose families make $48-$75k.
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. Students who start out at the school are likely to stick around. The freshman retention rate is 95%. 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%.
Read full report on Electrical Engineering at Columbia
You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #5 for the Best Value EE Schools For Those Making $48-$75k. Located in Evanston, Illinois, this large private not-for-profit school handed out 76 degrees to qualified ’s EE students in 2020-2021.
Northwestern also made our “Best Electrical Engineering Schools” list, coming in at #11. The estimated yearly cost for Northwestern is $5,849 for ee students whose families make $48-$75k.
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. 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.
Full Northwestern University Electrical Engineering Report
Olin College came in at #6 in this year’s edition of the Best Value EE Schools For Those Making $48-$75k ranking. Olin College is a small school located in Needham, Massachusetts that handed out 22 ’s EE degrees in 2020-2021.
Olin College also made our “Best Electrical Engineering Schools” list, coming in at #19. It costs about $14,300 for ee students whose families make $48-$75k per year to attend Olin College.
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.
Read more about Electrical Engineering at Olin College
Johns Hopkins University landed the #7 spot on the 2023 Best Value EE Schools For Those Making $48-$75k ranking. Located in Baltimore, Maryland, this large private not-for-profit school handed out 217 diplomas to qualified ’s EE students in 2020-2021.
Johns Hopkins not only placed well in this ranking. It is also #4 on our “Best Electrical Engineering Schools” list. It costs about $8,457 for ee students whose families make $48-$75k per year to attend Johns Hopkins.
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%. 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 97%, the school does an excellent job of retaining its undergraduate students.
Read full report on Electrical Engineering at Johns Hopkins
Princeton University ranked #8 on this year’s Best Value EE Schools For Those Making $48-$75k list. This medium-sized school is located in Princeton, New Jersey, and it awarded 84 ’s EE degrees in 2020-2021.
Princeton also made our “Best Electrical Engineering Schools” list, coming in at #10. The yearly cost to attend Princeton University is $5,542 for ee students whose families make $48-$75k.
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 undergraduate student-to-faculty ratio of 4 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 Princeton University
Rice University did quite well in the 2023 Best Value EE Schools For Those Making $48-$75k ranking, coming in at #9. Rice University is a medium-sized school located in Houston, Texas that handed out 46 ’s EE degrees in 2020-2021.
As a testament to the quality of education offered at Rice, the school also landed the #15 spot in our “Best Electrical Engineering Schools” ranking. The estimated yearly cost for Rice is $6,152 for ee students whose families make $48-$75k.
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 97%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 0.2%, which is much lower than the national rate of 10.1%.
Read full report on Electrical Engineering at Rice University
Vanderbilt University did quite well in the 2023 Best Value EE Schools For Those Making $48-$75k ranking, coming in at #10. Vanderbilt University is a fairly large school located in Nashville, Tennessee that handed out 37 ’s EE degrees in 2020-2021.
On top of its placing in this ranking, Vanderbilt also did well on our “Best Electrical Engineering Schools” list. It’s in the top 10% of all schools reviewed in that analysis. The estimated yearly cost for Vanderbilt is $7,694 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 96%. Since the school has a undergrad student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Read more about Electrical Engineering at Vanderbilt University
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. Ann Arbor, Michigan is the setting for this large institution of higher learning. The public school handed out ’s EE degrees to 142 students in 2020-2021.
U-M also made our “Best Electrical Engineering Schools” list, coming in at #13. The yearly cost to attend U-M is $10,481 for EE students whose families make $48-$75k.
With a freshman retention rate of 96%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 1.3%, which is much lower than the national rate of 10.1%.
Read full report on Electrical Engineering at U-M
University of California - Berkeley landed the #12 spot on the 2023 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 730 ’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. The yearly cost to attend University of California - Berkeley is $13,423 for EE students whose families make $48-$75k.
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%.
Full UC Berkeley Electrical Engineering Report
Cornell University came in at #13 in this year’s edition of the Best Value EE Schools For Those Making $48-$75k ranking. Cornell is a large school located in Ithaca, New York that handed out 264 ’s EE degrees in 2020-2021.
Cornell not only placed well in this ranking. It is also #7 on our “Best Electrical Engineering Schools” list. The yearly cost to attend Cornell University 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 impressive undergraduate 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. 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
Purdue University - Main Campus did quite well in the 2023 Best Value EE Schools For Those Making $48-$75k ranking, coming in at #14. West Lafayette, Indiana is the setting for this large institution of higher learning. The public school handed out ’s EE degrees to 366 students in 2020-2021.
Purdue not only placed well in this ranking. It is also #20 on our “Best Electrical Engineering Schools” list. The estimated yearly cost for Purdue is $8,450 for ee students whose families make $48-$75k.
With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students. 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 full report on Electrical Engineering at Purdue
With a ranking of #15, Washington University in St Louis did quite well on the 2023 Best Value EE Schools For Those Making $48-$75k list. This fairly large school is located in Saint Louis, Missouri, and it awarded 116 ’s EE degrees in 2020-2021.
WUSTL not only placed well in this ranking. It is also #9 on our “Best Electrical Engineering Schools” list. The yearly cost to attend Washington University in St Louis is $8,149 for ee students whose families make $48-$75k.
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. 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%. 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
University of Florida ranked #16 on this year’s Best Value EE Schools For Those Making $48-$75k list. UF is a large public school situated in Gainesville, Florida. It awarded 336 ’s EE degrees in 2020-2021.
UF excels when it comes to EE quality. It’s ranked in the top 15% of all schools on our “Best Electrical Engineering Schools” list. The estimated yearly cost for UF is $8,394 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 97%, the school does an excellent job of retaining its undergraduate students.
Full UF Electrical Engineering Report
University of Washington - Seattle Campus ranked #17 on this year’s Best Value EE Schools For Those Making $48-$75k list. Located in Seattle, Washington, this large public school awarded 373 degrees to qualified ’s EE students in 2020-2021.
UW Seattle excels when it comes to EE quality. It’s ranked in the top 10% of all schools on our “Best Electrical Engineering Schools” list. The estimated yearly cost for University of Washington - Seattle Campus is $8,393 for ee students whose families make $48-$75k.
The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. 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%.
Full UW Seattle Electrical Engineering Report
University of California - Los Angeles ranked #18 on this year’s Best Value EE Schools For Those Making $48-$75k list. University of California - Los Angeles is a large public school situated in Los Angeles, California. It awarded 367 ’s EE degrees in 2020-2021.
UCLA also took the #14 spot in our “Best Electrical Engineering Schools” ranking. The yearly cost to attend University of California - Los Angeles is $12,644 for ee students whose families make $48-$75k.
The school has an impressive undergrad student loan default rate. It’s only 1.6%, 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 undergraduate students.
Full UCLA Electrical Engineering Report
University of Pennsylvania landed the #19 spot on the 2023 Best Value EE Schools For Those Making $48-$75k ranking. University of Pennsylvania 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 yearly cost to attend UPenn is $12,020 for ee students whose families make $48-$75k.
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 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 95%, the school does an excellent job of retaining its undergraduate students.
Full UPenn Electrical Engineering Report
University of Wisconsin - Madison came in at #20 in this year’s edition of the Best Value EE Schools For Those Making $48-$75k ranking. This large school is located in Madison, Wisconsin, and it awarded 241 ’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 estimated yearly cost for University of Wisconsin - Madison is $10,364 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%. 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%.
Full UW - Madison Electrical Engineering Report
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 located in Champaign, Illinois and, has a large student population. In 2020-2021, this school awarded 463 ’s EE degrees to qualified students.
UIUC not only placed well in this ranking. It is also #25 on our “Best Electrical Engineering Schools” list. The yearly cost to attend UIUC is $11,505 for ee students whose families make $48-$75k.
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 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%.
Read more about Electrical Engineering at University of Illinois at Urbana-Champaign
University of California - San Diego did quite well in the 2023 Best Value EE Schools For Those Making $48-$75k ranking, coming in at #22. UCSD is located in La Jolla, California and, has a large student population. In 2020-2021, this school awarded 410 ’s EE degrees to qualified students.
As a testament to the quality of education offered at UCSD, the school also landed the #18 spot in our “Best Electrical Engineering Schools” ranking. It costs about $14,310 for EE students whose families make $48-$75k per year to attend University of California - San Diego.
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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students.
Read more about Electrical Engineering at UCSD
Carnegie Mellon University came in at #23 in this year’s edition of the Best Value EE Schools For Those Making $48-$75k ranking. Pittsburgh, Pennsylvania is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s EE degrees to 548 students in 2020-2021.
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 University.
With a freshman retention rate of 96%, the school does an excellent job of retaining its undergraduate students. 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 5 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 Carnegie Mellon University
Georgia Institute of Technology - Main Campus landed the #24 spot on the 2023 Best Value EE Schools For Those Making $48-$75k ranking. Georgia Institute of Technology - Main Campus is a large public school situated in Atlanta, Georgia. It awarded 589 ’s EE degrees in 2020-2021.
Georgia Tech also took the #22 spot in our “Best Electrical Engineering Schools” ranking. It costs about $15,415 for ee students whose families make $48-$75k per year to attend Georgia Tech.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.
Full Georgia Institute of Technology - Main Campus Electrical Engineering Report
University of Minnesota - Twin Cities did quite well in the 2023 Best Value EE Schools For Those Making $48-$75k ranking, coming in at #25. Minneapolis, Minnesota is the setting for this large institution of higher learning. The public school handed out ’s EE degrees to 184 students in 2020-2021.
In addition to being on this list, UMN Twin Cities is in the top on our “Best Electrical Engineering Schools” list. It’s in the top 20% of all schools reviewed in that analysis. It costs about $12,911 for EE students whose families make $48-$75k per year to attend UMN Twin Cities.
The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. 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 University of Minnesota - Twin Cities
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