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2022 Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k

14 Ranked Colleges
214 Degrees Awarded
$15,800 Avg Net Price*
Best Value Engineering Physics Schools for a Bachelor's in the Great Lakes Region For Those Making $30-$48k

When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k” ranking is part of that endeavor.

Engineering Physics is the 239th most popular major in the country with 941 degrees awarded in 2019-2020. 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 $30-$48k” ranking looked at 14 colleges that offer degrees in a bachelor’s in engineering physics. Not only do the schools that top this list have excellent engineering physics 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 engineering physics program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region 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. 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 Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k

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 $30-$48k.

Top 14 Best Value Bachelor’s Degree Colleges for Engineering Physics (Income $30-$48k) in the Great Lakes Region

#1 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 $30-$48k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #1 spot on the list. This large school is located in Ann Arbor, Michigan, and it awarded 16 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 $30-$48k list, U-M has also earned the #1 rank 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 $5,887 for great lakes region bachelor’s degree engineering physics students whose families make $30-$48k.

The low student loan default rate of 1.2% 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 96%, the school does an excellent job of retaining its students.

Full University of Michigan - Ann Arbor Engineering Physics Report

#6 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Wisconsin - Madison. 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 $30-$48k. UW - Madison is located in Madison, Wisconsin and, has a large student population. In 2019-2020, this school awarded 3 bachelors’s engineering physics degrees to qualified students.

As a testament to the quality of education offered at UW - Madison, the school also landed the #6 spot in our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend UW - Madison is $6,860 for great lakes region bachelor’s degree engineering physics 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 low student loan default rate of 0.8% 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 University of Wisconsin - Madison

Out of the 14 schools in the Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #3 spot on the list. University of Illinois at Urbana-Champaign is located in Champaign, Illinois and, has a large student population. In 2019-2020, this school awarded 77 bachelors’s engineering physics degrees to qualified students.

As a testament to the quality of education offered at UIUC, the school also landed the #2 spot in our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for University of Illinois at Urbana-Champaign is $8,464 for great lakes region bachelor’s degree engineering physics students whose families make $30-$48k.

The low student loan default rate of 2.4% 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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.

Read more about Engineering Physics at UIUC

#7 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 $30-$48k that were part of this year’s ranking, Ohio State University - Main Campus landed the #4 spot on the list. Ohio State is a large school located in Columbus, Ohio that handed out 22 bachelors’s engineering physics degrees in 2019-2020.

As a testament to the quality of education offered at Ohio State, the school also landed the #7 spot in our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Ohio State University - Main Campus is $10,037 for great lakes region bachelor’s degree engineering physics students whose families make $30-$48k.

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 4.4%, which is much lower than the national rate of 10.1%.

Read more about Engineering Physics at Ohio State University - Main Campus

#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 $30-$48k list. Located in Platteville, Wisconsin, this medium-sized public school awarded 30 diplomas to qualified bachelors’s engineering physics students in 2019-2020.

In addition to being on our great lakes region bachelor’s degree engineering physics students whose families make $30-$48k list, UW - Platteville has also earned the #8 rank in our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $12,930 for Great Lakes Region Bachelor’s Degree Engineering Physics students whose families make $30-$48k per year to attend University of Wisconsin - Platteville.

Full University of Wisconsin - Platteville Engineering Physics Report

#6

Oakland University

Rochester Hills, Michigan
#14 in overall quality

Oakland University did quite well in the 2022 Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #6. Rochester Hills, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s engineering physics degrees to 2 students 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 University is $7,751 for Great Lakes Region Bachelor’s Degree Engineering Physics students whose families make $30-$48k.

Read more about Engineering Physics at Oakland

#5 in overall quality

With a ranking of #7, Case Western Reserve University did quite well on the 2022 Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k list. Case Western Reserve University is a fairly large school located in Cleveland, Ohio that handed out 8 bachelors’s engineering physics degrees in 2019-2020.

Case Western not only placed well in this ranking. It is also #5 on our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Case Western Reserve University is $19,034 for Great Lakes Region Bachelor’s Degree Engineering Physics students whose families make $30-$48k.

Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The student loan default rate at the school is 1.4%, which is quite low when compared to the national default rate of 10.1%.

Full Case Western Reserve University Engineering Physics Report

#12 in overall quality

University of Illinois at Chicago came in at #8 in this year’s edition of the Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k 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.

UIC did well in our major quality rankings, too. It placed #12 on our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend UIC is $11,185 for Great Lakes Region Bachelor’s Degree Engineering Physics students whose families make $30-$48k.

The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.

Full UIC Engineering Physics Report

Grace College and Theological Seminary did quite well in the 2022 Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #9. 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 also took the #13 spot in our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $15,373 for Great Lakes Region Bachelor’s Degree Engineering Physics students whose families make $30-$48k per year to attend Grace College and Theological Seminary.

The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.

Full Grace College Engineering Physics Report

#11 in overall quality

Miami University - Oxford did quite well in the 2022 Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #10. Located in Oxford, Ohio, this fairly large public school handed out 3 degrees to qualified bachelors’s engineering physics students in 2019-2020.

As a testament to the quality of education offered at Miami University - Oxford, the school also landed the #11 spot in our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Miami University - Oxford is $17,692 for Great Lakes Region Bachelor’s Degree Engineering Physics students whose families make $30-$48k.

Students who start out at the school are likely to stick around. The freshman retention rate is 88%.

Read more about Engineering Physics at Miami University - Oxford

#11

Marquette University

Milwaukee, Wisconsin
#9 in overall quality

Marquette University did quite well in the 2022 Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #11. Milwaukee, Wisconsin is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out bachelors’s engineering physics degrees to 2 students 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 $20,955 for great lakes region bachelor’s degree engineering physics students whose families make $30-$48k per year to attend Marquette University.

The low student loan default rate of 1.5% 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 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 University Engineering Physics Report

#10 in overall quality

Illinois Institute of Technology came in at #12 in this year’s edition of the Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Illinois Tech 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 did well in our major quality rankings, too. It placed #10 on our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Illinois Institute of Technology is $18,720 for Great Lakes Region Bachelor’s Degree Engineering Physics students whose families make $30-$48k.

With a freshman retention rate of 87%, the school does an excellent job of retaining its students. Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. The student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 10.1%.

Full Illinois Tech Engineering Physics Report

#3 in overall quality

Rose - Hulman Institute of Technology 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 $30-$48k ranking. Terre Haute, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s engineering physics degrees to 5 students 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. The yearly cost to attend Rose - Hulman Institute of Technology is $33,304 for great lakes region bachelor’s degree engineering physics students whose families make $30-$48k.

The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 0.2%, which is much lower than the national rate of 10.1%. 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.

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

#14

Kettering University

Flint, Michigan
#4 in overall quality

Kettering University landed the #14 spot on the 2022 Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $30-$48k ranking. Kettering University is a small private not-for-profit school situated in Flint, Michigan. It awarded 8 bachelors’s engineering physics degrees in 2019-2020.

As a testament to the quality of education offered at Kettering, the school also landed the #4 spot in our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Kettering University is $33,350 for Great Lakes Region Bachelor’s Degree Engineering Physics students whose families make $30-$48k.

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 student loan default rate at the school is 2.7%, which is quite low when compared to the national default rate of 10.1%.

Read more about Engineering Physics at Kettering

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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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