2022 Best Value ME Schools for a Bachelor’s in Indiana For Those Making $30-$48k
With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value ME Schools for a Bachelor’s in Indiana For Those Making $30-$48k” ranking - to help you make that decision.
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 Indiana, there were 1,384 mechanical engineering graduates with average earnings and debt of $65,750 and $23,400 respectively. At the bachelor’s degree level specifically, there were 1,064 mechanical engineering graduates with average earnings and debt of $39,620 and $24,786 respectively.
This year’s “Best Value ME Schools for a Bachelor’s in Indiana For Those Making $30-$48k” ranking analyzed 11 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.
When determining these rankings, we looked at things such as overall quality of the mechanical engineering program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.
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The me school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value ME Schools for a Bachelor’s in Indiana For Those Making $30-$48k”.
In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest 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 for a Bachelor’s in Indiana For Those Making $30-$48k
The colleges and universities below are the best for indiana bachelor’s degree me students whose families make $30-$48k.
Top 11 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $30-$48k) in Indiana
Out of the 11 schools in the Best Value ME Schools for a Bachelor’s in Indiana For Those Making $30-$48k that were part of this year’s ranking, Purdue University - Main Campus landed the #1 spot on the list. Purdue University - Main Campus is located in West Lafayette, Indiana and, has a large student population. In 2019-2020, this school awarded 376 bachelors’s ME degrees to qualified students.
In addition to being on our indiana bachelor’s degree me students whose families make $30-$48k list, Purdue has also earned the #3 rank in our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Purdue University - Main Campus is $5,879 for Indiana Bachelor’s Degree ME students whose families make $30-$48k.
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%.
Read full report on Mechanical Engineering at Purdue University - Main Campus
Out of the 11 schools in the Best Value ME Schools for a Bachelor’s in Indiana For Those Making $30-$48k that were part of this year’s ranking, University of Notre Dame landed the #2 spot on the list. University of Notre Dame is a private not-for-profit institution located in Notre Dame, Indiana. The school has a fairly large population, and it awarded 119 bachelors’s degrees in 2019-2020.
In addition to being on our indiana bachelor’s degree me students whose families make $30-$48k list, Notre Dame has also earned the #1 rank in our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Notre Dame is $15,609 for Indiana Bachelor’s Degree ME students whose families make $30-$48k.
Students who start out at the school are likely to stick around. The freshman retention rate is 97%. 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 student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Mechanical Engineering at University of Notre Dame
You’ll be in good company if you decide to attend Indiana University - Purdue University - Indianapolis. It ranked #3 on our 2022 Best Value ME Schools for a Bachelor’s in Indiana For Those Making $30-$48k list. Indiana University - Purdue University - Indianapolis is a large school located in Indianapolis, Indiana that handed out 175 bachelors’s ME degrees in 2019-2020.
IUPUI also took the #7 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Indiana University - Purdue University - Indianapolis is $6,315 for indiana bachelor’s degree me students whose families make $30-$48k.
Read more about Mechanical Engineering at Indiana University - Purdue University - Indianapolis
You’ll be in good company if you decide to attend Purdue University Northwest. It ranked #4 on our 2022 Best Value ME Schools for a Bachelor’s in Indiana For Those Making $30-$48k list. Purdue Northwest is a medium-sized public school situated in Hammond, Indiana. It awarded 62 bachelors’s ME degrees in 2019-2020.
In addition to being on our indiana bachelor’s degree me students whose families make $30-$48k list, Purdue Northwest has also earned the #6 rank in our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Purdue University Northwest is $8,401 for indiana bachelor’s degree me students whose families make $30-$48k.
You’ll be in good company if you decide to attend Purdue University Fort Wayne. It ranked #5 on our 2022 Best Value ME Schools for a Bachelor’s in Indiana For Those Making $30-$48k list. Fort Wayne, Indiana is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s ME degrees to 18 students in 2019-2020.
PFW not only placed well in this ranking. It is also #11 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for PFW is $7,686 for Indiana Bachelor’s Degree ME students whose families make $30-$48k.
University of Southern Indiana did quite well in the 2022 Best Value ME Schools for a Bachelor’s in Indiana For Those Making $30-$48k ranking, coming in at #6. USI is a fairly large school located in Evansville, Indiana that handed out 26 bachelors’s ME degrees in 2019-2020.
In addition to being on our indiana bachelor’s degree me students whose families make $30-$48k list, USI has also earned the #9 rank in our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for USI is $9,842 for indiana bachelor’s degree me students whose families make $30-$48k.
The low student loan default rate of 5.0% 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%.
Read full report on Mechanical Engineering at University of Southern Indiana
Valparaiso University ranked #7 on this year’s Best Value ME Schools for a Bachelor’s in Indiana For Those Making $30-$48k list. Located in Valparaiso, Indiana, this small private not-for-profit school awarded 53 degrees to qualified bachelors’s ME students in 2019-2020.
Valpo did well in our major quality rankings, too. It placed #4 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” list. It costs about $14,913 for indiana bachelor’s degree me students whose families make $30-$48k per year to attend Valparaiso University.
The student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 10.1%.
Trine University came in at #8 in this year’s edition of the Best Value ME Schools for a Bachelor’s in Indiana For Those Making $30-$48k ranking. Located in Angola, Indiana, this small private not-for-profit school awarded 41 diplomas to qualified bachelors’s ME students in 2019-2020.
As a testament to the quality of education offered at Trine, the school also landed the #8 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” ranking. It costs about $19,821 for indiana bachelor’s degree me students whose families make $30-$48k per year to attend Trine University.
The school has an impressive student loan default rate. It’s only 4.8%, which is much lower than the national rate of 10.1%.
Read full report on Mechanical Engineering at Trine University
University of Evansville did quite well in the 2022 Best Value ME Schools for a Bachelor’s in Indiana For Those Making $30-$48k ranking, coming in at #9. University of Evansville is a private not-for-profit institution located in Evansville, Indiana. The school has a small population, and it awarded 16 bachelors’s degrees in 2019-2020.
UE not only placed well in this ranking. It is also #5 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” list. It costs about $16,370 for indiana bachelor’s degree me students whose families make $30-$48k per year to attend University of Evansville.
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 impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. 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 Mechanical Engineering at University of Evansville
Indiana Institute of Technology ranked #10 on this year’s Best Value ME Schools for a Bachelor’s in Indiana For Those Making $30-$48k list. Indiana Institute of Technology is located in Fort Wayne, Indiana and, has a small student population. In 2019-2020, this school awarded 16 bachelors’s ME degrees to qualified students.
Indiana Tech not only placed well in this ranking. It is also #10 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Indiana Institute of Technology is $16,649 for Indiana Bachelor’s Degree ME students whose families make $30-$48k.
Full Indiana Institute of Technology Mechanical Engineering Report
With a ranking of #11, Rose - Hulman Institute of Technology did quite well on the 2022 Best Value ME Schools for a Bachelor’s in Indiana For Those Making $30-$48k list. Rose - Hulman Institute of Technology is a small school located in Terre Haute, Indiana that handed out 154 bachelors’s ME degrees in 2019-2020.
In addition to being on our indiana bachelor’s degree me students whose families make $30-$48k list, Rose - Hulman Institute of Technology has also earned the #2 rank in our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Rose - Hulman Institute of Technology is $33,304 for Indiana Bachelor’s Degree ME students whose families make $30-$48k.
The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. The low student loan default rate of 0.2% 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 student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read more about Mechanical Engineering at Rose - Hulman Institute of Technology
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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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