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2022 Best Value Bachelor’s Degree Colleges for Engineering Physics (Income $0-$30k) in the Great Lakes Region

14 Ranked Colleges
214 Degrees Awarded
$14,400 Avg Net Price*
Best Value Engineering Physics Schools for a Bachelor's in the Great Lakes Region For Those Making $0-$30k

When pursuing a degree in today’s world, students have many different options to choose from. 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 Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.

In 2019-2020, 941 people earned their degree in engineering physics, making the major the 239th most popular in the United States. In 2017-2018, engineering physics graduates who were awarded their degree in 2015-2017, earned an average of $59,675 and had an average of $20,001 in loans still to pay off.

Across the Great Lakes region, there were 309 engineering physics graduates with average earnings and debt of $67,700 and $24,536 respectively. At the bachelor’s degree level specifically, there were 214 engineering physics graduates with average earnings and debt of $39,075 and $25,381 respectively.

This year’s “Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” ranking analyzed 14 colleges that offered a degree in engineering physics. The schools that top this list are recognized because they have great engineering physics programs and 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 engineering physics program at the school. For more information, check out our ranking methodology.

One Size Does Not Fit All

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 Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k” list to help you make the college decision.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k

The following schools top our list of the Best Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k.

Top 14 Best Value Bachelor’s Degree Colleges for Engineering Physics (Income $0-$30k) in the Great Lakes Region

#1 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Michigan - Ann Arbor. The school came in at #1 for the Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k. University of Michigan - Ann Arbor is a large public school situated in Ann Arbor, Michigan. It awarded 16 bachelors’s engineering physics degrees in 2019-2020.

As a testament to the quality of education offered at U-M, the school also landed the #1 spot in our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for University of Michigan - Ann Arbor is $3,166 for Great Lakes Region Bachelor’s Degree Engineering Physics students whose families make $0-$30k.

With a freshman retention rate of 96%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%.

Read more about Engineering Physics at U-M

You’ll join some of the best and brightest minds around if you attend University of Illinois at Urbana-Champaign. The school came in at #2 for the Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k. This large school is located in Champaign, Illinois, and it awarded 77 bachelors’s engineering physics degrees in 2019-2020.

UIUC also made our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #2. The yearly cost to attend UIUC is $5,477 for great lakes region bachelor’s degree engineering physics students whose families make $0-$30k.

With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%.

Read full report on Engineering Physics at University of Illinois at Urbana-Champaign

#6 in overall quality

Out of the 14 schools in the Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, University of Wisconsin - Madison landed the #3 spot on the list. University of Wisconsin - Madison is a large public school situated in Madison, Wisconsin. It awarded 3 bachelors’s engineering physics degrees in 2019-2020.

UW - Madison also made our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #6. The yearly cost to attend UW - Madison is $4,367 for Great Lakes Region Bachelor’s Degree Engineering Physics students whose families make $0-$30k.

The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year.

Full UW - Madison Engineering Physics Report

#7 in overall quality

You’ll join some of the best and brightest minds around if you attend Ohio State University - Main Campus. The school came in at #4 for the Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k. Ohio State University - Main Campus is a large public school situated in Columbus, Ohio. It awarded 22 bachelors’s engineering physics degrees in 2019-2020.

Ohio State did well in our major quality rankings, too. It placed #7 on our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Ohio State University - Main Campus is $8,194 for Great Lakes Region Bachelor’s Degree Engineering Physics students whose families make $0-$30k.

With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The low student loan default rate of 4.4% 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%.

Read more about Engineering Physics at Ohio State

#5

University of Wisconsin - Platteville

Platteville, Wisconsin

You’ll be in good company if you decide to attend University of Wisconsin - Platteville. It ranked #5 on our 2022 Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. UW - Platteville is located in Platteville, Wisconsin and, has a medium-sized student population. In 2019-2020, this school awarded 30 bachelors’s engineering physics degrees to qualified students.

As a testament to the quality of education offered at UW - Platteville, the school also landed the #8 spot in our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $12,117 for great lakes region bachelor’s degree engineering physics students whose families make $0-$30k per year to attend University of Wisconsin - Platteville.

Read more about Engineering Physics at UW - Platteville

#6

Oakland University

Rochester Hills, Michigan
#14 in overall quality

Oakland University ranked #6 on this year’s Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Oakland is a fairly large public school situated in Rochester Hills, Michigan. It awarded 2 bachelors’s engineering physics degrees in 2019-2020.

Oakland also took the #14 spot in our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Oakland is $7,490 for Great Lakes Region Bachelor’s Degree Engineering Physics students whose families make $0-$30k.

Read more about Engineering Physics at Oakland

#12 in overall quality

University of Illinois at Chicago came in at #7 in this year’s edition of the Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. UIC is a public institution located in Chicago, Illinois. The school has a large population, and it awarded 3 bachelors’s degrees in 2019-2020.

As a testament to the quality of education offered at UIC, the school also landed the #12 spot in our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $10,648 for great lakes region bachelor’s degree engineering physics students whose families make $0-$30k per year to attend University of Illinois at Chicago.

The low student loan default rate of 3.4% 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%.

Full UIC Engineering Physics Report

#5 in overall quality

Case Western Reserve University landed the #8 spot on the 2022 Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Case Western is located in Cleveland, Ohio and, has a fairly large student population. In 2019-2020, this school awarded 8 bachelors’s engineering physics degrees to qualified students.

Case Western also made our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #5. It costs about $18,708 for Great Lakes Region Bachelor’s Degree Engineering Physics students whose families make $0-$30k per year to attend Case Western Reserve University.

The school has an impressive student loan default rate. It’s only 1.4%, 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 93%.

Read full report on Engineering Physics at Case Western Reserve University

Grace College and Theological Seminary came in at #9 in this year’s edition of the Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Grace College and Theological Seminary is a small private not-for-profit school situated in Winona Lake, Indiana. It awarded 7 bachelors’s engineering physics degrees in 2019-2020.

Grace College did well in our major quality rankings, too. It placed #13 on our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Grace College is $17,874 for great lakes region bachelor’s degree engineering physics students whose families make $0-$30k.

The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.

Read full report on Engineering Physics at Grace College and Theological Seminary

#11 in overall quality

Miami University - Oxford landed the #10 spot on the 2022 Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Miami University - Oxford is a public institution located in Oxford, Ohio. The school has a fairly large population, and it awarded 3 bachelors’s degrees in 2019-2020.

Miami University - Oxford did well in our major quality rankings, too. It placed #11 on our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Miami University - Oxford is $13,759 for great lakes region bachelor’s degree engineering physics students whose families make $0-$30k.

The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year.

Full Miami University - Oxford Engineering Physics Report

#11

Marquette University

Milwaukee, Wisconsin
#9 in overall quality

Marquette University came in at #11 in this year’s edition of the Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Marquette is a private not-for-profit institution located in Milwaukee, Wisconsin. The school has a fairly large population, and it awarded 2 bachelors’s degrees in 2019-2020.

Marquette not only placed well in this ranking. It is also #9 on our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $19,169 for Great Lakes Region Bachelor’s Degree Engineering Physics students whose families make $0-$30k per year to attend Marquette University.

The student loan default rate at the school is 1.5%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year.

Full Marquette Engineering Physics Report

#10 in overall quality

Illinois Institute of Technology ranked #12 on this year’s Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k list. Illinois Institute of Technology is located in Chicago, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 2 bachelors’s engineering physics degrees to qualified students.

Illinois Tech also made our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #10. The estimated yearly cost for Illinois Tech is $17,222 for great lakes region bachelor’s degree engineering physics students whose families make $0-$30k.

The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students. With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Full Illinois Tech Engineering Physics Report

#13

Kettering University

Flint, Michigan
#4 in overall quality

Kettering University came in at #13 in this year’s edition of the Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking. Kettering is a small school located in Flint, Michigan that handed out 8 bachelors’s engineering physics degrees in 2019-2020.

In addition to being on our great lakes region bachelor’s degree engineering physics students whose families make $0-$30k list, Kettering has also earned the #4 rank in our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Kettering University is $29,024 for great lakes region bachelor’s degree engineering physics students whose families make $0-$30k.

The school has an impressive student loan default rate. It’s only 2.7%, 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 students.

Full Kettering Engineering Physics Report

#3 in overall quality

Rose - Hulman Institute of Technology did quite well in the 2022 Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #14. This small school is located in Terre Haute, Indiana, and it awarded 5 bachelors’s engineering physics degrees in 2019-2020.

Rose - Hulman Institute of Technology also made our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #3. It costs about $34,275 for great lakes region bachelor’s degree engineering physics students whose families make $0-$30k per year to attend Rose - Hulman Institute of Technology.

The impressive student-to-faculty ratio of 10 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 0.2%, 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 90%.

Read more about Engineering Physics at Rose - Hulman Institute of Technology

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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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