2022 Best Value Bachelor’s Degree Colleges for Industrial Engineering (Income $48-$75k)
It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value IE Schools for a Bachelor’s For Those Making $48-$75k” ranking is part of that endeavor.
Industrial Engineering is the 86th most popular major in the country with 9,448 degrees awarded in 2019-2020. 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.
At the bachelor’s degree level specifically, there were 6,022 industrial engineering graduates with average earnings and debt of $38,303 and $24,501 respectively.
This year’s “Best Value IE Schools for a Bachelor’s For Those Making $48-$75k” ranking looked at 99 colleges that offer degrees in a bachelor’s 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.
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 industrial engineering program at the school. See our ranking methodology to learn more.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value IE Schools for a Bachelor’s For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that 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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.
Best Value IE Schools for a Bachelor’s For Those Making $48-$75k
The following schools top our list of the Best Best Value IE Schools for a Bachelor’s For Those Making $48-$75k.
Top 25 Best Value Bachelor’s Degree Colleges for Industrial Engineering (Income $48-$75k)
You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #1 for the Best Value IE Schools for a Bachelor’s For Those Making $48-$75k. Evanston, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out bachelors’s IE degrees to 87 students in 2019-2020.
Northwestern did well in our major quality rankings, too. It placed #1 on our “Best Industrial Engineering Bachelor’s Degree Schools” list. It costs about $6,452 for bachelor’s degree ie students whose families make $48-$75k per year to attend Northwestern.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors.
You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #2 on our 2022 Best Value IE Schools for a Bachelor’s For Those Making $48-$75k list. University of Michigan - Ann Arbor is a large school located in Ann Arbor, Michigan that handed out 184 bachelors’s IE degrees in 2019-2020.
In addition to being on our bachelor’s degree ie students whose families make $48-$75k list, U-M has also earned the #3 rank in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for University of Michigan - Ann Arbor is $10,028 for Bachelor’s Degree IE 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%. The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year.
Out of the 99 schools in the Best Value IE Schools for a Bachelor’s For Those Making $48-$75k that were part of this year’s ranking, Purdue University - Main Campus landed the #3 spot on the list. Purdue University - Main Campus is a large public school situated in West Lafayette, Indiana. It awarded 276 bachelors’s IE degrees in 2019-2020.
As a testament to the quality of education offered at Purdue, the school also landed the #7 spot in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Purdue University - Main Campus is $9,654 for Bachelor’s Degree IE students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The low student loan default rate of 2.2% 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%.
Out of the 99 schools in the Best Value IE Schools for a Bachelor’s For Those Making $48-$75k that were part of this year’s ranking, Columbia University in the City of New York landed the #4 spot on the list. This large school is located in New York, New York, and it awarded 11 bachelors’s IE degrees in 2019-2020.
Columbia also took the #12 spot in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Columbia is $5,887 for Bachelor’s Degree IE students whose families make $48-$75k.
The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The low student loan default rate of 2.1% 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 more about Industrial Engineering at Columbia University in the City of New York
You’ll be in good company if you decide to attend University of Wisconsin - Madison. It ranked #5 on our 2022 Best Value IE Schools for a Bachelor’s For Those Making $48-$75k list. University of Wisconsin - Madison is a public institution located in Madison, Wisconsin. The school has a large population, and it awarded 116 bachelors’s degrees in 2019-2020.
UW - Madison also took the #8 spot in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for University of Wisconsin - Madison is $13,227 for Bachelor’s Degree IE students whose families make $48-$75k.
The low student loan default rate of 0.8% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 95%.
University of Washington - Seattle Campus ranked #6 on this year’s Best Value IE Schools for a Bachelor’s For Those Making $48-$75k list. This large school is located in Seattle, Washington, and it awarded 58 bachelors’s IE degrees in 2019-2020.
UW Seattle did well in our major quality rankings, too. It placed #22 on our “Best Industrial Engineering Bachelor’s Degree Schools” list. It costs about $9,694 for Bachelor’s Degree IE students whose families make $48-$75k per year to attend UW Seattle.
The low student loan default rate of 2.2% 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 93%, the school does an excellent job of retaining its students.
Read more about Industrial Engineering at University of Washington - Seattle Campus
University of Illinois at Urbana-Champaign did quite well in the 2022 Best Value IE Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #7. University of Illinois at Urbana-Champaign is located in Champaign, Illinois and, has a large student population. In 2019-2020, this school awarded 68 bachelors’s IE degrees to qualified students.
As a testament to the quality of education offered at UIUC, the school also landed the #10 spot in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for UIUC is $13,351 for Bachelor’s Degree IE students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.
Read more about Industrial Engineering at University of Illinois at Urbana-Champaign
Georgia Institute of Technology - Main Campus landed the #8 spot on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $48-$75k ranking. Georgia Institute of Technology - Main Campus is a public institution located in Atlanta, Georgia. The school has a large population, and it awarded 395 bachelors’s degrees in 2019-2020.
Georgia Tech also made our “Best Industrial Engineering Bachelor’s Degree Schools” list, coming in at #2. The yearly cost to attend Georgia Tech is $15,213 for Bachelor’s Degree IE students whose families make $48-$75k.
The student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
Read full report on Industrial Engineering at Georgia Institute of Technology - Main Campus
University of Central Florida did quite well in the 2022 Best Value IE Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #9. UCF is located in Orlando, Florida and, has a large student population. In 2019-2020, this school awarded 145 bachelors’s IE degrees to qualified students.
The estimated yearly cost for University of Central Florida is $11,161 for bachelor’s degree ie students whose families make $48-$75k.
The school has an excellent freshman retention rate of 92%, 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 4.2%, which is much lower than the national rate of 10.1%.
Ohio State University - Main Campus landed the #10 spot on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $48-$75k ranking. Ohio State University - Main Campus is a public institution located in Columbus, Ohio. The school has a large population, and it awarded 122 bachelors’s degrees in 2019-2020.
In addition to being on our bachelor’s degree ie students whose families make $48-$75k list, Ohio State has also earned the #18 rank in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Ohio State is $13,982 for Bachelor’s Degree IE students whose families make $48-$75k.
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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.
Read full report on Industrial Engineering at Ohio State University - Main Campus
University of Minnesota - Twin Cities came in at #11 in this year’s edition of the Best Value IE Schools for a Bachelor’s For Those Making $48-$75k ranking. UMN Twin Cities is located in Minneapolis, Minnesota and, has a large student population. In 2019-2020, this school awarded 88 bachelors’s IE degrees to qualified students.
The estimated yearly cost for University of Minnesota - Twin Cities is $12,556 for bachelor’s degree ie students whose families make $48-$75k.
The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 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 full report on Industrial Engineering at UMN Twin Cities
With a ranking of #12, University of South Florida - Main Campus did quite well on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $48-$75k list. USF Tampa is a large public school situated in Tampa, Florida. It awarded 80 bachelors’s IE degrees in 2019-2020.
The estimated yearly cost for USF Tampa is $9,809 for Bachelor’s Degree IE students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 92%. The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.
With a ranking of #13, Florida State University did quite well on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $48-$75k list. Florida State University is a large school located in Tallahassee, Florida that handed out 39 bachelors’s IE degrees in 2019-2020.
It costs about $10,583 for bachelor’s degree ie students whose families make $48-$75k per year to attend Florida State.
With a freshman retention rate of 95%, the school does an excellent job of retaining its students. The low student loan default rate of 3.5% 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%.
North Carolina State University came in at #14 in this year’s edition of the Best Value IE Schools for a Bachelor’s For Those Making $48-$75k ranking. Located in Raleigh, North Carolina, this large public school handed out 88 diplomas to qualified bachelors’s IE students in 2019-2020.
In addition to being on our bachelor’s degree ie students whose families make $48-$75k list, NC State has also earned the #23 rank in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend North Carolina State University is $15,084 for bachelor’s degree ie students whose families make $48-$75k.
The low student loan default rate of 2.9% 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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.
Iowa State University ranked #15 on this year’s Best Value IE Schools for a Bachelor’s For Those Making $48-$75k list. This large school is located in Ames, Iowa, and it awarded 124 bachelors’s IE degrees in 2019-2020.
Iowa State also made our “Best Industrial Engineering Bachelor’s Degree Schools” list, coming in at #24. The estimated yearly cost for Iowa State is $14,161 for Bachelor’s Degree IE students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 3.3%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year.
Oakland University did quite well in the 2022 Best Value IE Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #16. Oakland is a public institution located in Rochester Hills, Michigan. The school has a fairly large population, and it awarded 31 bachelors’s degrees in 2019-2020.
It costs about $10,387 for Bachelor’s Degree IE students whose families make $48-$75k per year to attend Oakland University.
Read full report on Industrial Engineering at Oakland University
With a ranking of #17, Lehigh University did quite well on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $48-$75k list. Bethlehem, Pennsylvania is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s IE degrees to 80 students in 2019-2020.
Lehigh also took the #5 spot in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Lehigh University is $19,924 for Bachelor’s Degree IE students whose families make $48-$75k.
The student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an excellent freshman retention rate of 91%, 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 2.3%, which is much lower than the national rate of 10.1%.
Read full report on Industrial Engineering at Lehigh University
University of Wisconsin - Platteville ranked #18 on this year’s Best Value IE Schools for a Bachelor’s For Those Making $48-$75k list. UW - Platteville is a medium-sized public school situated in Platteville, Wisconsin. It awarded 54 bachelors’s IE degrees in 2019-2020.
The yearly cost to attend University of Wisconsin - Platteville is $15,152 for bachelor’s degree ie students whose families make $48-$75k.
Read full report on Industrial Engineering at University of Wisconsin - Platteville
Virginia Tech landed the #19 spot on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $48-$75k ranking. Located in Blacksburg, Virginia, this large public school handed out 184 degrees to qualified bachelors’s IE students in 2019-2020.
In addition to being on our bachelor’s degree ie students whose families make $48-$75k list, Virginia Tech has also earned the #6 rank in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Virginia Tech is $19,067 for bachelor’s degree ie students whose families make $48-$75k.
With a freshman retention rate of 93%, the school does an excellent job of retaining its students. The low student loan default rate of 1.6% 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%.
Texas A&M University - College Station did quite well in the 2022 Best Value IE Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #20. Texas A&M University - College Station is a large public school situated in College Station, Texas. It awarded 151 bachelors’s IE degrees in 2019-2020.
As a testament to the quality of education offered at Texas A&M College Station, the school also landed the #13 spot in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. It costs about $18,810 for Bachelor’s Degree IE students whose families make $48-$75k per year to attend Texas A&M University - College Station.
With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The low student loan default rate of 2.9% 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%.
Full Texas A&M College Station Industrial Engineering Report
California Polytechnic State University - San Luis Obispo did quite well in the 2022 Best Value IE Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #21. Located in San Luis Obispo, California, this large public school awarded 96 degrees to qualified bachelors’s IE students in 2019-2020.
Cal Poly San Luis Obispo also took the #14 spot in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. It costs about $19,407 for Bachelor’s Degree IE students whose families make $48-$75k per year to attend California Polytechnic State University - San Luis Obispo.
The student loan default rate at the school is 1.1%, 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 94%.
With a ranking of #22, University of Missouri - Columbia did quite well on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $48-$75k list. University of Missouri - Columbia is a public institution located in Columbia, Missouri. The school has a large population, and it awarded 39 bachelors’s degrees in 2019-2020.
The yearly cost to attend University of Missouri - Columbia is $13,145 for bachelor’s degree ie students whose families make $48-$75k.
The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year. The low student loan default rate of 3.6% 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%.
Northeastern University ranked #23 on this year’s Best Value IE Schools for a Bachelor’s For Those Making $48-$75k list. Northeastern is located in Boston, Massachusetts and, has a large student population. In 2019-2020, this school awarded 68 bachelors’s IE degrees to qualified students.
In addition to being on our bachelor’s degree ie students whose families make $48-$75k list, Northeastern has also earned the #11 rank in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. It costs about $17,692 for bachelor’s degree ie students whose families make $48-$75k per year to attend Northeastern University.
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%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.
Read more about Industrial Engineering at Northeastern University
University of Houston ranked #24 on this year’s Best Value IE Schools for a Bachelor’s For Those Making $48-$75k list. This large school is located in Houston, Texas, and it awarded 38 bachelors’s IE degrees in 2019-2020.
The yearly cost to attend UH is $12,505 for bachelor’s degree ie students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
West Virginia University came in at #25 in this year’s edition of the Best Value IE Schools for a Bachelor’s For Those Making $48-$75k ranking. Morgantown, West Virginia is the setting for this large institution of higher learning. The public school handed out bachelors’s IE degrees to 101 students in 2019-2020.
The estimated yearly cost for West Virginia University is $13,220 for bachelor’s degree ie students whose families make $48-$75k.
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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.
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