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2022 Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k

14 Ranked Colleges
214 Degrees Awarded
$67,700 Avg Salary
Best Value Engineering Physics Schools for a Bachelor's in the Great Lakes Region For Those Making $48-$75k

It’s not easy to decide which college to attend when there so many options available for students. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k” ranking.

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 $48-$75k” ranking analyzed 14 colleges that offered 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.

When determining these rankings, we looked at things such as overall quality of the engineering physics program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.

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 for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k” 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. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k

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 $48-$75k.

Top 14 Best Value Bachelor’s Degree Colleges for Engineering Physics (Income $48-$75k) in the Great Lakes Region

#1 in overall quality

You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #1 on our 2022 Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Ann Arbor, Michigan is the setting for this large institution of higher learning. The public school handed out bachelors’s engineering physics degrees to 16 students 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 yearly cost to attend University of Michigan - Ann Arbor is $10,028 for Great Lakes Region Bachelor’s Degree Engineering Physics students whose families make $48-$75k.

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

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #2 on our 2022 Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. UIUC is a large public school situated in Champaign, Illinois. It awarded 77 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 $48-$75k list, UIUC has also earned the #2 rank in our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Illinois at Urbana-Champaign is $13,351 for great lakes region bachelor’s degree engineering physics students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 94%. 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%.

Full University of Illinois at Urbana-Champaign 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 #3 for the Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k. This large school is located in Madison, Wisconsin, and it awarded 3 bachelors’s engineering physics degrees in 2019-2020.

UW - Madison did well in our major quality rankings, too. It placed #6 on our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for University of Wisconsin - Madison is $13,227 for Great Lakes Region Bachelor’s Degree Engineering Physics students whose families make $48-$75k.

With a freshman retention rate of 95%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%.

Full University of Wisconsin - 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 $48-$75k. This large school is located in Columbus, Ohio, and it awarded 22 bachelors’s engineering physics degrees in 2019-2020.

Ohio State also took the #7 spot in our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $13,982 for Great Lakes Region Bachelor’s Degree Engineering Physics students whose families make $48-$75k per year to attend Ohio State University - Main Campus.

With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.

Full Ohio State Engineering Physics Report

#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 $48-$75k list. University of Wisconsin - Platteville is a medium-sized school located in Platteville, Wisconsin that handed out 30 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 $48-$75k list, UW - Platteville has also earned the #8 rank in our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Wisconsin - Platteville is $15,152 for great lakes region bachelor’s degree engineering physics students whose families make $48-$75k.

Read more about Engineering Physics at University of Wisconsin - Platteville

#6

Oakland University

Rochester Hills, Michigan
#14 in overall quality

Oakland University came in at #6 in this year’s edition of the Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Oakland University is a fairly large school located in Rochester Hills, Michigan that handed out 2 bachelors’s engineering physics degrees in 2019-2020.

Oakland also made our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #14. It costs about $10,387 for great lakes region bachelor’s degree engineering physics students whose families make $48-$75k per year to attend Oakland University.

Full Oakland Engineering Physics Report

#12 in overall quality

With a ranking of #7, University of Illinois at Chicago did quite well on the 2022 Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. UIC is a large school located in Chicago, Illinois that handed out 3 bachelors’s engineering physics 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 $13,683 for great lakes region bachelor’s degree engineering physics students whose families make $48-$75k.

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%.

Read full report on Engineering Physics at University of Illinois at Chicago

#5 in overall quality

Case Western Reserve University ranked #8 on this year’s Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Case Western is a fairly large school located in Cleveland, Ohio that handed out 8 bachelors’s engineering physics degrees in 2019-2020.

Case Western also took the #5 spot in our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $22,236 for great lakes region bachelor’s degree engineering physics students whose families make $48-$75k per year to attend Case Western Reserve University.

The low student loan default rate of 1.4% 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%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.

Read more about 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 $48-$75k ranking. 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 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. It costs about $20,903 for great lakes region bachelor’s degree engineering physics students whose families make $48-$75k 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%.

Read full report on Engineering Physics at Grace College

#10

Marquette University

Milwaukee, Wisconsin
#9 in overall quality

Marquette University landed the #10 spot on the 2022 Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. 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 also made our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #9. It costs about $25,492 for Great Lakes Region Bachelor’s Degree Engineering Physics students whose families make $48-$75k per year to attend Marquette.

The school has an excellent freshman retention rate of 88%, 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 1.5%, which is much lower than the national rate of 10.1%.

Full Marquette Engineering Physics Report

#10 in overall quality

Illinois Institute of Technology 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 $48-$75k ranking. Located in Chicago, Illinois, this medium-sized private not-for-profit school handed out 2 diplomas to qualified bachelors’s engineering physics students in 2019-2020.

Illinois Tech not only placed well in this ranking. It is also #10 on our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Illinois Tech is $22,542 for great lakes region bachelor’s degree engineering physics students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 87%. 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%.

Read more about Engineering Physics at Illinois Tech

#11 in overall quality

Miami University - Oxford 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 $48-$75k ranking. Oxford, Ohio is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s engineering physics degrees to 3 students in 2019-2020.

Miami University - Oxford also made our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #11. The yearly cost to attend Miami University - Oxford is $23,232 for great lakes region bachelor’s degree engineering physics students whose families make $48-$75k.

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

Full Miami University - Oxford Engineering Physics Report

#13

Kettering University

Flint, Michigan
#4 in overall quality

Kettering University landed the #13 spot on the 2022 Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. This small school is located in Flint, Michigan, and it awarded 8 bachelors’s engineering physics degrees in 2019-2020.

Kettering did well in our major quality rankings, too. It placed #4 on our “Best Engineering Physics Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $36,664 for Great Lakes Region Bachelor’s Degree Engineering Physics students whose families make $48-$75k per year to attend Kettering.

With a freshman retention rate of 93%, the school does an excellent job of retaining its students. 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%.

Read more about Engineering Physics at Kettering University

#3 in overall quality

Rose - Hulman Institute of Technology landed the #14 spot on the 2022 Best Value Engineering Physics Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k ranking. Located in Terre Haute, Indiana, this small private not-for-profit school handed out 5 diplomas to qualified bachelors’s engineering physics 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 $34,599 for great lakes region bachelor’s degree engineering physics students whose families make $48-$75k.

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

Full Rose - Hulman Institute of Technology Engineering Physics Report

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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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