2022 Best Value Colleges for Mechanical Engineering (Income $0-$30k) in Colorado
With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 ME Schools in Colorado For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.
Mechanical Engineering is the 20th most popular major in the country with 47,598 degrees awarded in 2019-2020. 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 Colorado, there were 1,330 mechanical engineering graduates with average earnings and debt of $61,363 and $24,691 respectively.
This year’s “Best Value ME Schools in Colorado For Those Making $0-$30k” ranking analyzed 6 colleges that offered a degree in mechanical engineering. Not only do the schools that top this list have excellent mechanical engineering programs, but they also 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. Check out our ranking methodology for more information.
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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 ME Schools in Colorado For Those Making $0-$30k” 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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Best Value ME Schools in Colorado For Those Making $0-$30k
The colleges and universities below are the best for colorado me students whose families make $0-$30k.
Top 6 Best Value Colleges for Mechanical Engineering (Income $0-$30k) in Colorado
You’ll be in good company if you decide to attend Colorado State University - Fort Collins. It ranked #1 on our 2022 Best Value ME Schools in Colorado For Those Making $0-$30k list. Colorado State University - Fort Collins is located in Fort Collins, Colorado and, has a large student population. In 2019-2020, this school awarded 254 ’s ME degrees to qualified students.
In addition to being on our colorado me students whose families make $0-$30k list, Colorado State has also earned the #3 rank in our “Best Mechanical Engineering Schools in Colorado” ranking. It costs about $11,831 for colorado me students whose families make $0-$30k per year to attend Colorado State.
The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. 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 Colorado State University - Fort Collins Mechanical Engineering Report
Out of the 6 schools in the Best Value ME Schools in Colorado For Those Making $0-$30k that were part of this year’s ranking, University of Colorado Boulder landed the #2 spot on the list. CU - Boulder is a large school located in Boulder, Colorado that handed out 403 ’s ME degrees in 2019-2020.
CU - Boulder did well in our major quality rankings, too. It placed #2 on our “Best Mechanical Engineering Schools in Colorado” list. It costs about $13,366 for colorado me students whose families make $0-$30k per year to attend CU - Boulder.
The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 3.0%, which is quite low when compared to the national default rate of 10.1%.
You’ll be in good company if you decide to attend University of Colorado Denver/Anschutz Medical Campus. It ranked #3 on our 2022 Best Value ME Schools in Colorado For Those Making $0-$30k list. CU Anschutz is a large public school situated in Denver, Colorado. It awarded 82 ’s ME degrees in 2019-2020.
CU Anschutz not only placed well in this ranking. It is also #5 on our “Best Mechanical Engineering Schools in Colorado” list. The yearly cost to attend CU Anschutz is $11,584 for colorado me students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Colorado School of Mines. The school came in at #4 for the Best Value ME Schools in Colorado For Those Making $0-$30k. Mines is a public institution located in Golden, Colorado. The school has a medium-sized population, and it awarded 382 ’s degrees in 2019-2020.
Mines did well in our major quality rankings, too. It placed #1 on our “Best Mechanical Engineering Schools in Colorado” list. The yearly cost to attend Colorado School of Mines is $17,276 for colorado me students whose families make $0-$30k.
The student loan default rate at the school is 1.7%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year.
Read full report on Mechanical Engineering at Colorado School of Mines
You’ll join some of the best and brightest minds around if you attend University of Colorado at Colorado Springs. The school came in at #5 for the Best Value ME Schools in Colorado For Those Making $0-$30k. Colorado Springs, Colorado is the setting for this fairly large institution of higher learning. The public school handed out ’s ME degrees to 124 students in 2019-2020.
In addition to being on our colorado me students whose families make $0-$30k list, UCCS has also earned the #6 rank in our “Best Mechanical Engineering Schools in Colorado” ranking. The yearly cost to attend University of Colorado at Colorado Springs is $13,103 for colorado me students whose families make $0-$30k.
The student loan default rate at the school is 4.7%, which is quite low when compared to the national default rate of 10.1%.
University of Denver landed the #6 spot on the 2022 Best Value ME Schools in Colorado For Those Making $0-$30k ranking. University of Denver is located in Denver, Colorado and, has a fairly large student population. In 2019-2020, this school awarded 49 ’s ME degrees to qualified students.
DU did well in our major quality rankings, too. It placed #4 on our “Best Mechanical Engineering Schools in Colorado” list. It costs about $19,659 for Colorado ME students whose families make $0-$30k per year to attend DU.
The school has an impressive student loan default rate. It’s only 1.9%, which is much lower than the national rate of 10.1%.
Read full report on Mechanical Engineering at University of Denver
- Best Value Colleges for Mechanical Engineering (Income $0-$30k) in the Rocky Mountains Region
- Best Value Colleges for Mechanical Engineering (Income $0-$30k)
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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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