2023 Best Vallue Marine Engineering Schools in the New England Region For Those Making Over $110k

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Vallue Marine Engineering Schools in the New England Region For Those Making Over $110k” ranking as one item you can use to help make this decision.

In 2020-2021, 445 people earned their degree in marine engineering, making the major the 285th most popular in the United States. 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 Vallue Marine Engineering Schools in the New England Region For Those Making Over $110k” 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.

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

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 Vallue Marine Engineering Schools in the New England Region For Those Making Over $110k” 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. 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.

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Best Vallue Marine Engineering Schools in the New England Region For Those Making Over $110k

The colleges and universities below are the best for new england region marine engineering students whose families make more than $110k.

Top 2 Best Value Colleges for Marine Engineering (Income Over $110k) in the New England Region

1

Massachusetts Maritime Academy
Buzzards Bay, Massachusetts

#1 in overall quality

$21,146 Average Net Price

$69,069 Average Early-Career Earnings

You’ll be in good company if you decide to attend Massachusetts Maritime Academy. It ranked #1 on our 2023 Best Vallue Marine Engineering Schools in the New England Region For Those Making Over $110k list. Buzzards Bay, Massachusetts is the setting for this small institution of higher learning. The public school handed out ’s marine engineering degrees to 81 students in 2020-2021.

As a testament to the quality of education offered at Maritime, the school also landed the #1 spot in our “Best Marine Engineering Schools in the New England Region” ranking. The estimated yearly cost for Maritime is $21,146 for new england region marine engineering students whose families make more than $110k.

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

Read more about Marine Engineering at Massachusetts Maritime Academy

2

Maine Maritime Academy
Castine, Maine

#2 in overall quality

$20,970 Average Net Price

$71,483 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Maine Maritime Academy. The school came in at #2 for the Best Vallue Marine Engineering Schools in the New England Region For Those Making Over $110k. Located in Castine, Maine, this small public school awarded 82 degrees to qualified ’s marine engineering students in 2020-2021.

Maine Maritime not only placed well in this ranking. It is also #2 on our “Best Marine Engineering Schools in the New England Region” list. The yearly cost to attend Maine Maritime Academy is $20,970 for new england region marine engineering students whose families make more than $110k.

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%. With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read full report on Marine Engineering at Maine Maritime Academy

• Best Value Colleges for Marine Engineering (Income Over $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.