2022 Best Value Bachelor’s Degree Colleges for Industrial Engineering (Income $30-$48k) in Minnesota

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 IE Schools for a Bachelor’s in Minnesota For Those Making $30-$48k” ranking - to help you make that decision.

In 2019-2020, 9,448 people earned their degree in industrial engineering, making the major the 86th most popular in the United States. In 2017-2018, industrial engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,716 and had an average of $22,994 in loans still to pay off.

Across Minnesota, there were 121 industrial engineering graduates with average earnings and debt of $66,900 and $20,341 respectively. At the bachelor’s degree level specifically, there were 104 industrial engineering graduates with average earnings and debt of $40,526 and $26,035 respectively.

For this year’s “Best Value IE Schools for a Bachelor’s in Minnesota For Those Making $30-$48k” ranking, we looked at 2 colleges that offer a degree in industrial engineering. The schools that top this list are recognized because they have great industrial engineering programs and cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the industrial engineering program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.

One Size Does Not Fit All

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 IE Schools for a Bachelor’s in Minnesota For Those Making $30-$48k” list to help you make the college decision.

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

Best Value IE Schools for a Bachelor’s in Minnesota For Those Making $30-$48k

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

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

#1

University of Minnesota - Twin Cities

Minneapolis, Minnesota

#1 in overall quality

$8,418 Average Net Price

$67,939 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend University of Minnesota - Twin Cities. The school came in at #1 for the Best Value IE Schools for a Bachelor’s in Minnesota For Those Making $30-$48k. Located in Minneapolis, Minnesota, this large public school awarded 88 diplomas to qualified bachelors’s IE students in 2019-2020.

In addition to being on our minnesota bachelor’s degree ie students whose families make $30-$48k list, UMN Twin Cities has also earned the #1 rank in our “Best Industrial Engineering Bachelor’s Degree Schools in Minnesota” ranking. The yearly cost to attend University of Minnesota - Twin Cities is $8,418 for Minnesota Bachelor’s Degree IE students whose families make $30-$48k.

The school has an excellent freshman retention rate of 93%, 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 2.2%, which is much lower than the national rate of 10.1%.

Full UMN Twin Cities Industrial Engineering Report

#2

University of Minnesota - Duluth

Duluth, Minnesota

#2 in overall quality

$7,992 Average Net Price

$63,501 Average Early-Career Earnings

You’ll be in good company if you decide to attend University of Minnesota - Duluth. It ranked #2 on our 2022 Best Value IE Schools for a Bachelor’s in Minnesota For Those Making $30-$48k list. University of Minnesota - Duluth is a public institution located in Duluth, Minnesota. The school has a fairly large population, and it awarded 16 bachelors’s degrees in 2019-2020.

UMN Duluth also made our “Best Industrial Engineering Bachelor’s Degree Schools in Minnesota” list, coming in at #2. It costs about $7,992 for minnesota bachelor’s degree ie students whose families make $30-$48k per year to attend UMN Duluth.

The student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%.

Read more about Industrial Engineering at UMN Duluth

• Best Value Bachelor’s Degree Colleges for Industrial Engineering (Income $30-$48k) in the Plains States Region
• Best Value Bachelor’s Degree Colleges for Industrial Engineering (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.

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