2022 Best Value ME Schools in Massachusetts For Those Making $0-$30k
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 ME Schools in Massachusetts For Those Making $0-$30k” ranking is part of that endeavor.
In 2019-2020, 47,598 people earned their degree in mechanical engineering, making the major the 20th most popular in the United States. In 2017-2018, mechanical engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,495 and had an average of $23,104 in loans still to pay off.
Across Massachusetts, there were 2,211 mechanical engineering graduates with average earnings and debt of $74,031 and $28,490 respectively.
This year’s “Best Value ME Schools in Massachusetts For Those Making $0-$30k” ranking looked at 12 colleges that offer degrees in a bachelor’s in mechanical engineering. The schools that top this list are recognized because they have great mechanical 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 mechanical engineering program at the school. See our ranking methodology to learn more.
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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 ME Schools in Massachusetts For Those Making $0-$30k” list to help you make the college decision.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value ME Schools in Massachusetts For Those Making $0-$30k
The following schools top our list of the Best Best Value ME Schools in Massachusetts For Those Making $0-$30k.
Top 12 Best Value Colleges for Mechanical Engineering (Income $0-$30k) in Massachusetts
You’ll join some of the best and brightest minds around if you attend Olin College. The school came in at #1 for the Best Value ME Schools in Massachusetts For Those Making $0-$30k. Olin College is located in Needham, Massachusetts and, has a small student population. In 2019-2020, this school awarded 36 ’s ME degrees to qualified students.
Olin College also made our “Best Mechanical Engineering Schools in Massachusetts” list, coming in at #1. The yearly cost to attend Olin College is $845 for Massachusetts ME students whose families make $0-$30k.
With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
You’ll be in good company if you decide to attend Massachusetts Institute of Technology. It ranked #2 on our 2022 Best Value ME Schools in Massachusetts For Those Making $0-$30k list. Cambridge, Massachusetts is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s ME degrees to 334 students in 2019-2020.
MIT also made our “Best Mechanical Engineering Schools in Massachusetts” list, coming in at #2. The yearly cost to attend Massachusetts Institute of Technology is $4,535 for Massachusetts ME students whose families make $0-$30k.
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%. The school has an excellent freshman retention rate of 98%, which means students like the school well enough to return for a second year. The impressive student-to-faculty ratio of 3 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Read more about Mechanical Engineering at Massachusetts Institute of Technology
You’ll be in good company if you decide to attend Harvard University. It ranked #3 on our 2022 Best Value ME Schools in Massachusetts For Those Making $0-$30k list. Harvard University is a large school located in Cambridge, Massachusetts that handed out 19 ’s ME degrees in 2019-2020.
Harvard also made our “Best Mechanical Engineering Schools in Massachusetts” list, coming in at #4. The yearly cost to attend Harvard University is $2,973 for massachusetts me students whose families make $0-$30k.
With a student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an impressive student loan default rate. It’s only 1.1%, which is much lower than the national rate of 10.1%.
You’ll be in good company if you decide to attend Tufts University. It ranked #4 on our 2022 Best Value ME Schools in Massachusetts For Those Making $0-$30k list. Tufts is a private not-for-profit institution located in Medford, Massachusetts. The school has a fairly large population, and it awarded 73 ’s degrees in 2019-2020.
Tufts not only placed well in this ranking. It is also #3 on our “Best Mechanical Engineering Schools in Massachusetts” list. The yearly cost to attend Tufts is $5,267 for massachusetts me students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%. Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year.
You’ll join some of the best and brightest minds around if you attend Northeastern University. The school came in at #5 for the Best Value ME Schools in Massachusetts For Those Making $0-$30k. This large school is located in Boston, Massachusetts, and it awarded 387 ’s ME degrees in 2019-2020.
In addition to being on our massachusetts me students whose families make $0-$30k list, Northeastern has also earned the #5 rank in our “Best Mechanical Engineering Schools in Massachusetts” ranking. The estimated yearly cost for Northeastern University is $10,239 for Massachusetts ME students whose families make $0-$30k.
The school has an excellent freshman retention rate of 97%, 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%.
Read more about Mechanical Engineering at Northeastern University
Boston University landed the #6 spot on the 2022 Best Value ME Schools in Massachusetts For Those Making $0-$30k ranking. Boston University is located in Boston, Massachusetts and, has a large student population. In 2019-2020, this school awarded 267 ’s ME degrees to qualified students.
In addition to being on our massachusetts me students whose families make $0-$30k list, Boston U has also earned the #7 rank in our “Best Mechanical Engineering Schools in Massachusetts” ranking. It costs about $12,903 for Massachusetts ME students whose families make $0-$30k per year to attend Boston University.
The low student loan default rate of 1.4% 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%. Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. Students who start out at the school are likely to stick around. The freshman retention rate is 92%.
University of Massachusetts Amherst landed the #7 spot on the 2022 Best Value ME Schools in Massachusetts For Those Making $0-$30k ranking. University of Massachusetts Amherst is located in Amherst, Massachusetts and, has a large student population. In 2019-2020, this school awarded 221 ’s ME degrees to qualified students.
UMass Amherst also took the #9 spot in our “Best Mechanical Engineering Schools in Massachusetts” ranking. The yearly cost to attend UMass Amherst is $13,137 for massachusetts me students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 89%. The low student loan default rate of 2.8% 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%.
University of Massachusetts - Lowell ranked #8 on this year’s Best Value ME Schools in Massachusetts For Those Making $0-$30k list. This fairly large school is located in Lowell, Massachusetts, and it awarded 256 ’s ME degrees in 2019-2020.
UMass Lowell not only placed well in this ranking. It is also #10 on our “Best Mechanical Engineering Schools in Massachusetts” list. It costs about $11,560 for Massachusetts ME students whose families make $0-$30k per year to attend University of Massachusetts - Lowell.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.
Full University of Massachusetts - Lowell Mechanical Engineering Report
University of Massachusetts - Dartmouth landed the #9 spot on the 2022 Best Value ME Schools in Massachusetts For Those Making $0-$30k ranking. Located in North Dartmouth, Massachusetts, this medium-sized public school handed out 61 diplomas to qualified ’s ME students in 2019-2020.
In addition to being on our massachusetts me students whose families make $0-$30k list, UMass Dartmouth has also earned the #12 rank in our “Best Mechanical Engineering Schools in Massachusetts” ranking. The estimated yearly cost for University of Massachusetts - Dartmouth is $13,925 for Massachusetts ME students whose families make $0-$30k.
Read full report on Mechanical Engineering at University of Massachusetts - Dartmouth
With a ranking of #10, Worcester Polytechnic Institute did quite well on the 2022 Best Value ME Schools in Massachusetts For Those Making $0-$30k list. WPI is a medium-sized private not-for-profit school situated in Worcester, Massachusetts. It awarded 346 ’s ME degrees in 2019-2020.
In addition to being on our massachusetts me students whose families make $0-$30k list, WPI has also earned the #6 rank in our “Best Mechanical Engineering Schools in Massachusetts” ranking. It costs about $30,503 for Massachusetts ME students whose families make $0-$30k per year to attend WPI.
The student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year.
With a ranking of #11, Wentworth Institute of Technology did quite well on the 2022 Best Value ME Schools in Massachusetts For Those Making $0-$30k list. WIT is a small private not-for-profit school situated in Boston, Massachusetts. It awarded 113 ’s ME degrees in 2019-2020.
WIT did well in our major quality rankings, too. It placed #8 on our “Best Mechanical Engineering Schools in Massachusetts” list. The yearly cost to attend Wentworth Institute of Technology is $30,875 for massachusetts me students whose families make $0-$30k.
The low student loan default rate of 3.0% 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 Wentworth Institute of Technology Mechanical Engineering Report
Merrimack College came in at #12 in this year’s edition of the Best Value ME Schools in Massachusetts For Those Making $0-$30k ranking. North Andover, Massachusetts is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s ME degrees to 37 students in 2019-2020.
Merrimack also took the #11 spot in our “Best Mechanical Engineering Schools in Massachusetts” ranking. The estimated yearly cost for Merrimack College is $27,589 for Massachusetts ME students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 4.3%, which is much lower than the national rate of 10.1%.
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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.
Credits
- Credit for the banner image above goes to Michel Villeneuve.
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