2023 Best Value Colleges for Engineering Physics (Income $30-$48k) in the Rocky Mountains Region

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 the Rocky Mountains Region 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 the Rocky Mountains region, there were 86 engineering physics graduates with average earnings and debt of $43,721 and $24,373 respectively.

This year’s “Best Value Engineering Physics Schools in the Rocky Mountains Region For Those Making $30-$48k” ranking analyzed 2 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.

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. For more information, check out our ranking methodology.

More Ways to Rank Engineering Physics Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Engineering Physics Schools in the Rocky Mountains Region For Those Making $30-$48k” list, to help you choose the best school for you.

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. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Engineering Physics Schools in the Rocky Mountains Region For Those Making $30-$48k

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

Top 2 Best Value Colleges for Engineering Physics (Income $30-$48k) in the Rocky Mountains Region

1

Colorado School of Mines
Golden, Colorado

#1 in overall quality

$13,690 Average Net Price

$72,191 Average Early-Career Earnings

Out of the 2 schools in the Best Value Engineering Physics Schools in the Rocky Mountains Region For Those Making $30-$48k that were part of this year’s ranking, Colorado School of Mines landed the #1 spot on the list. Mines is a medium-sized school located in Golden, Colorado that handed out 59 ’s engineering physics degrees in 2020-2021.

In addition to being on our rocky mountains region engineering physics students whose families make $30-$48k list, Mines has also earned the #1 rank in our “Best Engineering Physics Schools in the Rocky Mountains Region” ranking. The estimated yearly cost for Mines is $13,690 for Rocky Mountains Region Engineering Physics students whose families make $30-$48k.

The undergrad student loan default rate at the school is 0.7%, 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 92%.

Read more about Engineering Physics at Mines

2

University of Colorado Boulder
Boulder, Colorado

#2 in overall quality

$13,901 Average Net Price

$48,893 Average Early-Career Earnings

You’ll be in good company if you decide to attend University of Colorado Boulder. It ranked #2 on our 2023 Best Value Engineering Physics Schools in the Rocky Mountains Region For Those Making $30-$48k list. This large school is located in Boulder, Colorado, and it awarded 27 ’s engineering physics degrees in 2020-2021.

CU - Boulder also made our “Best Engineering Physics Schools in the Rocky Mountains Region” list, coming in at #2. The yearly cost to attend University of Colorado Boulder is $13,901 for rocky mountains region engineering physics students whose families make $30-$48k.

The school has an impressive undergrad student loan default rate. It’s only 2.4%, 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 85%.

Read full report on Engineering Physics at CU - Boulder

• 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.