2022 Best Value Bachelor’s Degree Colleges for Engineering Physics (Income $75-$110k) in Indiana

When it comes to choosing a college, students have a lot of options - but not all of them are good. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $75-$110k” ranking is one tool we have developed to help in this regard.

In 2019-2020, 941 people earned their degree in engineering physics, making the major the 239th most popular in the United States. 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 $75-$110k” ranking, we looked at 2 colleges that offer 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. See our ranking methodology to learn more.

More Ways to Rank Engineering Physics Schools

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 $75-$110k”.

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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $75-$110k

The following schools top our list of the Best Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $75-$110k.

Top 2 Best Value Bachelor’s Degree Colleges for Engineering Physics (Income $75-$110k) in Indiana

#1

Grace College and Theological Seminary

Winona Lake, Indiana

#2 in overall quality

$23,897 Average Net Price

$59,722 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Grace College and Theological Seminary. The school came in at #1 for the Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $75-$110k. Grace College 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 did well in our major quality rankings, too. It placed #2 on our “Best Engineering Physics Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend Grace College is $23,897 for Indiana Bachelor’s Degree Engineering Physics students whose families make $75-$110k.

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%.

Full Grace College and Theological Seminary Engineering Physics Report

#2

Rose - Hulman Institute of Technology

Terre Haute, Indiana

#1 in overall quality

$39,241 Average Net Price

Out of the 2 schools in the Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $75-$110k that were part of this year’s ranking, Rose - Hulman Institute of Technology landed the #2 spot on the list. Rose - Hulman Institute of Technology is a small private not-for-profit school situated in Terre Haute, Indiana. It awarded 5 bachelors’s engineering physics degrees in 2019-2020.

Rose - Hulman Institute of Technology also took the #1 spot in our “Best Engineering Physics Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Rose - Hulman Institute of Technology is $39,241 for Indiana Bachelor’s Degree Engineering Physics students whose families make $75-$110k.

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 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%. The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

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

• Best Value Bachelor’s Degree Colleges for Engineering Physics (Income $75-$110k) in the Great Lakes Region
• Best Value Bachelor’s Degree Colleges for Engineering Physics (Income $75-$110k)

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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