2023 Best Value Colleges for Marine Engineering (Income $0-$30k) in the New England Region

When pursuing a degree in today’s world, students have many different options to choose from. 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 Marine Engineering Schools in the New England Region For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.

Marine Engineering is the 285th most popular major in the country with 445 degrees awarded in 2020-2021. In 2019-2020, marine engineering graduates who were awarded their degree in 2017-2019, earned an average of $77,168 and had an average of $25,813 in loans still to pay off.

Across the New England region, there were 195 marine engineering graduates with average earnings and debt of $89,029 and $27,000 respectively.

For this year’s “Best Value Marine Engineering Schools in the New England Region For Those Making $0-$30k” ranking, we looked at 2 colleges that offer a degree in marine engineering. The schools that top this list are recognized because they have great marine engineering programs and cost less that schools of similar quality.

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

More Ways to Rank Marine Engineering 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 Marine Engineering Schools in the New England Region For Those Making $0-$30k” 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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Marine Engineering Schools in the New England Region For Those Making $0-$30k

The following schools top our list of the Best Best Value Marine Engineering Schools in the New England Region For Those Making $0-$30k.

Top 2 Best Value Colleges for Marine Engineering (Income $0-$30k) in the New England Region

1

Massachusetts Maritime Academy
Buzzards Bay, Massachusetts

#1 in overall quality

$6,379 Average Net Price

$69,069 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Massachusetts Maritime Academy. The school came in at #1 for the Best Value Marine Engineering Schools in the New England Region For Those Making $0-$30k. Massachusetts Maritime Academy is a small school located in Buzzards Bay, Massachusetts that handed out 81 ’s marine engineering degrees in 2020-2021.

Maritime did well in our major quality rankings, too. It placed #1 on our “Best Marine Engineering Schools in the New England Region” list. The estimated yearly cost for Maritime is $6,379 for new england region marine engineering students whose families make $0-$30k.

The school has an impressive undergrad student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.

Read full report on Marine Engineering at Massachusetts Maritime Academy

2

Maine Maritime Academy
Castine, Maine

#2 in overall quality

$19,142 Average Net Price

$71,483 Average Early-Career Earnings

You’ll be in good company if you decide to attend Maine Maritime Academy. It ranked #2 on our 2023 Best Value Marine Engineering Schools in the New England Region For Those Making $0-$30k list. This small school is located in Castine, Maine, and it awarded 82 ’s marine engineering degrees in 2020-2021.

Maine Maritime also made our “Best Marine Engineering Schools in the New England Region” list, coming in at #2. The estimated yearly cost for Maine Maritime Academy is $19,142 for new england region marine engineering students whose families make $0-$30k.

The school has an impressive undergrad student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%. The undergraduate 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.

Full Maine Maritime Marine Engineering Report

• Best Value Colleges for Marine Engineering (Income $0-$30k)

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.