2022 Best Value Colleges for Electrical Engineering (Income $48-$75k) in Minnesota
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value EE Schools in Minnesota For Those Making $48-$75k” ranking is part of that endeavor.
In 2019-2020, 30,670 people earned their degree in electrical engineering, making the major the 31st most popular in the United States. In 2017-2018, electrical engineering graduates who were awarded their degree in 2015-2017, earned an average of $70,098 and had an average of $23,581 in loans still to pay off.
Across Minnesota, there were 340 electrical engineering graduates with average earnings and debt of $66,050 and $23,181 respectively.
For this year’s “Best Value EE Schools in Minnesota For Those Making $48-$75k” ranking, we looked at 5 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.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the electrical engineering program at the school. For more information, check out our ranking methodology.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value EE Schools in Minnesota For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.
In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. 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 in Minnesota For Those Making $48-$75k
The following schools top our list of the Best Best Value EE Schools in Minnesota For Those Making $48-$75k.
Top 5 Best Value Colleges for Electrical Engineering (Income $48-$75k) in Minnesota
Out of the 5 schools in the Best Value EE Schools in Minnesota For Those Making $48-$75k that were part of this year’s ranking, University of Minnesota - Twin Cities landed the #1 spot on the list. University of Minnesota - Twin Cities is a large school located in Minneapolis, Minnesota that handed out 187 ’s EE degrees in 2019-2020.
UMN Twin Cities also made our “Best Electrical Engineering Schools in Minnesota” list, coming in at #2. It costs about $12,556 for Minnesota EE students whose families make $48-$75k per year to attend University of Minnesota - Twin Cities.
With a freshman retention rate of 93%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%.
Read full report on Electrical Engineering at UMN Twin Cities
You’ll be in good company if you decide to attend University of Minnesota - Duluth. It ranked #2 on our 2022 Best Value EE Schools in Minnesota For Those Making $48-$75k list. University of Minnesota - Duluth is a fairly large school located in Duluth, Minnesota that handed out 48 ’s EE degrees in 2019-2020.
UMN Duluth did well in our major quality rankings, too. It placed #3 on our “Best Electrical Engineering Schools in Minnesota” list. The estimated yearly cost for UMN Duluth is $12,438 for minnesota ee students whose families make $48-$75k.
The low student loan default rate of 3.1% 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%.
Out of the 5 schools in the Best Value EE Schools in Minnesota For Those Making $48-$75k that were part of this year’s ranking, Saint Cloud State University landed the #3 spot on the list. St. Cloud State University is a fairly large public school situated in Saint Cloud, Minnesota. It awarded 31 ’s EE degrees in 2019-2020.
St. Cloud State University also took the #5 spot in our “Best Electrical Engineering Schools in Minnesota” ranking. It costs about $13,373 for Minnesota EE students whose families make $48-$75k per year to attend St. Cloud State University.
Read more about Electrical Engineering at St. Cloud State University
You’ll be in good company if you decide to attend Minnesota State University - Mankato. It ranked #4 on our 2022 Best Value EE Schools in Minnesota For Those Making $48-$75k list. Minnesota State Mankato is a fairly large public school situated in Mankato, Minnesota. It awarded 35 ’s EE degrees in 2019-2020.
Minnesota State Mankato not only placed well in this ranking. It is also #4 on our “Best Electrical Engineering Schools in Minnesota” list. The yearly cost to attend Minnesota State University - Mankato is $14,451 for minnesota ee students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.
Full Minnesota State University - Mankato Electrical Engineering Report
You’ll be in good company if you decide to attend University of St Thomas Minnesota. It ranked #5 on our 2022 Best Value EE Schools in Minnesota For Those Making $48-$75k list. UST MN is located in Saint Paul, Minnesota and, has a medium-sized student population. In 2019-2020, this school awarded 38 ’s EE degrees to qualified students.
UST MN also took the #1 spot in our “Best Electrical Engineering Schools in Minnesota” ranking. It costs about $26,172 for Minnesota EE students whose families make $48-$75k per year to attend University of St Thomas Minnesota.
The low 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%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
Full University of St Thomas Minnesota Electrical Engineering Report
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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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