2023 Best Value Colleges for Engineering Physics (Income $30-$48k) in New York

When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Engineering Physics Schools in New York For Those Making $30-$48k” ranking - to help you make that decision.

Engineering Physics is the 244th most popular major in the country with 994 degrees awarded in 2020-2021. In 2019-2020, engineering physics graduates who were awarded their degree in 2017-2019, earned an average of $53,863 and had an average of $25,114 in loans still to pay off.

Across New York, there were 133 engineering physics graduates with average earnings and debt of $53,359 and $25,500 respectively.

This year’s “Best Value Engineering Physics Schools in New York For Those Making $30-$48k” ranking analyzed 3 colleges that offered a degree 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.

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.

More Ways to Rank Engineering Physics Schools

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 in New York For Those Making $30-$48k” 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. 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 in New York For Those Making $30-$48k

The following schools top our list of the Best Best Value Engineering Physics Schools in New York For Those Making $30-$48k.

Top 3 Best Value Colleges for Engineering Physics (Income $30-$48k) in New York

1

Columbia University in the City of New York
New York, New York

#2 in overall quality

$4,699 Average Net Price

$70,610 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Columbia University in the City of New York. The school came in at #1 for the Best Value Engineering Physics Schools in New York For Those Making $30-$48k. Columbia University in the City of New York is a private not-for-profit institution located in New York, New York. The school has a large population, and it awarded 41 ’s degrees in 2020-2021.

As a testament to the quality of education offered at Columbia, the school also landed the #2 spot in our “Best Engineering Physics Schools in New York” ranking. It costs about $4,699 for New York Engineering Physics students whose families make $30-$48k per year to attend Columbia University in the City of New York.

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 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%. With a freshman retention rate of 95%, the school does an excellent job of retaining its undergraduate students.

Full Columbia Engineering Physics Report

2

Cornell University
Ithaca, New York

#1 in overall quality

$5,133 Average Net Price

$65,907 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Cornell University. The school came in at #2 for the Best Value Engineering Physics Schools in New York For Those Making $30-$48k. Ithaca, New York is the setting for this large institution of higher learning. The private not-for-profit school handed out ’s engineering physics degrees to 62 students in 2020-2021.

Cornell also took the #1 spot in our “Best Engineering Physics Schools in New York” ranking. It costs about $5,133 for new york engineering physics students whose families make $30-$48k per year to attend Cornell.

With a freshman retention rate of 96%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 0.9% 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%. Since the school has a undergrad student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Read more about Engineering Physics at Cornell

3

Fordham University
Bronx, New York

#3 in overall quality

$26,121 Average Net Price

$52,826 Average Early-Career Earnings

Out of the 3 schools in the Best Value Engineering Physics Schools in New York For Those Making $30-$48k that were part of this year’s ranking, Fordham University landed the #3 spot on the list. Fordham U is a fairly large school located in Bronx, New York that handed out 19 ’s engineering physics degrees in 2020-2021.

In addition to being on our new york engineering physics students whose families make $30-$48k list, Fordham U has also earned the #3 rank in our “Best Engineering Physics Schools in New York” ranking. It costs about $26,121 for New York Engineering Physics students whose families make $30-$48k per year to attend Fordham University.

The school has an impressive undergrad student loan default rate. It’s only 2.3%, 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 89%.

Full Fordham U Engineering Physics Report

• Best Value Colleges for Engineering Physics (Income $30-$48k) in the Middle Atlantic Region
• Best Value 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.