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

It’s not easy to decide which college to attend when there so many options available for students. 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 Indiana 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 Indiana, there were 14 engineering physics graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 14 engineering physics graduates with average earnings and debt of $39,620 and $24,786 respectively.

For this year’s “Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $30-$48k” ranking, we looked at 2 colleges that offer a degree in engineering physics. This ranking identifies schools with high-quality engineering physics programs that also have a lower cost than 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. See our ranking methodology to learn more.

One Size Does Not Fit All

The engineering physics 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 Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $30-$48k”.

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. 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 Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $30-$48k

The following schools top our list of the Best Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $30-$48k.

Top 2 Best Value Bachelor’s Degree Colleges for Engineering Physics (Income $30-$48k) in Indiana

#1

Grace College and Theological Seminary

Winona Lake, Indiana

#2 in overall quality

$15,373 Average Net Price

$59,722 Average Early-Career Earnings

Out of the 2 schools in the Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $30-$48k that were part of this year’s ranking, Grace College and Theological Seminary landed the #1 spot on the list. Winona Lake, 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 7 students in 2019-2020.

Grace College also took the #2 spot in our “Best Engineering Physics Bachelor’s Degree Schools in Indiana” ranking. It costs about $15,373 for indiana bachelor’s degree engineering physics students whose families make $30-$48k per year to attend Grace College.

The low student loan default rate of 4.5% 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%.

Read more about Engineering Physics at Grace College

#2

Rose - Hulman Institute of Technology

Terre Haute, Indiana

#1 in overall quality

$33,304 Average Net Price

You’ll join some of the best and brightest minds around if you attend Rose - Hulman Institute of Technology. The school came in at #2 for the Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $30-$48k. Rose - Hulman Institute of Technology is a small school located in Terre Haute, Indiana that handed out 5 bachelors’s engineering physics degrees in 2019-2020.

Rose - Hulman Institute of Technology not only placed well in this ranking. It is also #1 on our “Best Engineering Physics Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend Rose - Hulman Institute of Technology is $33,304 for indiana 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 90%. The low student loan default rate of 0.2% 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 student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read full report on Engineering Physics at Rose - Hulman Institute of Technology

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

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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