2022 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $30-$48k) in Colorado
When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 for a Bachelor’s in Colorado For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.
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 Colorado, there were 1,330 mechanical engineering graduates with average earnings and debt of $61,363 and $24,691 respectively. At the bachelor’s degree level specifically, there were 1,086 mechanical engineering graduates with average earnings and debt of $38,261 and $25,672 respectively.
This year’s “Best Value ME Schools for a Bachelor’s in Colorado For Those Making $30-$48k” 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.
Some of the factors we look at when determining these rankings are overall quality of the mechanical engineering program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.
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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 Colorado For Those Making $30-$48k”.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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 Colorado For Those Making $30-$48k
The colleges and universities below are the best for colorado bachelor’s degree me students whose families make $30-$48k.
Top 6 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $30-$48k) in Colorado
You’ll join some of the best and brightest minds around if you attend Colorado School of Mines. The school came in at #1 for the Best Value ME Schools for a Bachelor’s in Colorado For Those Making $30-$48k. Colorado School of Mines is located in Golden, Colorado and, has a medium-sized student population. In 2019-2020, this school awarded 313 bachelors’s ME degrees to qualified students.
As a testament to the quality of education offered at Mines, the school also landed the #1 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Colorado” ranking. The yearly cost to attend Mines is $17,832 for Colorado Bachelor’s Degree ME students whose families make $30-$48k.
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%. With a freshman retention rate of 92%, the school does an excellent job of retaining its students.
You’ll join some of the best and brightest minds around if you attend Colorado State University - Fort Collins. The school came in at #2 for the Best Value ME Schools for a Bachelor’s in Colorado For Those Making $30-$48k. Colorado State is located in Fort Collins, Colorado and, has a large student population. In 2019-2020, this school awarded 218 bachelors’s ME degrees to qualified students.
As a testament to the quality of education offered at Colorado State, the school also landed the #3 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Colorado” ranking. It costs about $11,890 for colorado bachelor’s degree me students whose families make $30-$48k per year to attend Colorado State.
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%. With a freshman retention rate of 85%, the school does an excellent job of retaining its students.
Read more about Mechanical Engineering at Colorado State University - Fort Collins
You’ll join some of the best and brightest minds around if you attend University of Colorado Boulder. The school came in at #3 for the Best Value ME Schools for a Bachelor’s in Colorado For Those Making $30-$48k. Boulder, Colorado is the setting for this large institution of higher learning. The public school handed out bachelors’s ME degrees to 292 students in 2019-2020.
CU - Boulder did well in our major quality rankings, too. It placed #2 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Colorado” list. The yearly cost to attend CU - Boulder is $14,361 for colorado bachelor’s degree me students whose families make $30-$48k.
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%. The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year.
You’ll be in good company if you decide to attend University of Colorado Denver/Anschutz Medical Campus. It ranked #4 on our 2022 Best Value ME Schools for a Bachelor’s in Colorado For Those Making $30-$48k list. This large school is located in Denver, Colorado, and it awarded 69 bachelors’s ME degrees in 2019-2020.
As a testament to the quality of education offered at CU Anschutz, the school also landed the #5 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Colorado” ranking. It costs about $12,503 for colorado bachelor’s degree me students whose families make $30-$48k per year to attend University of Colorado Denver/Anschutz Medical Campus.
The low student loan default rate of 3.4% 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%.
Out of the 6 schools in the Best Value ME Schools for a Bachelor’s in Colorado For Those Making $30-$48k that were part of this year’s ranking, University of Colorado at Colorado Springs landed the #5 spot on the list. Located in Colorado Springs, Colorado, this fairly large public school awarded 119 diplomas to qualified bachelors’s ME students in 2019-2020.
As a testament to the quality of education offered at UCCS, the school also landed the #6 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Colorado” ranking. The estimated yearly cost for University of Colorado at Colorado Springs is $12,643 for colorado bachelor’s degree me students whose families make $30-$48k.
The low student loan default rate of 4.7% 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 Colorado at Colorado Springs
University of Denver ranked #6 on this year’s Best Value ME Schools for a Bachelor’s in Colorado For Those Making $30-$48k list. University of Denver is a fairly large private not-for-profit school situated in Denver, Colorado. It awarded 39 bachelors’s ME degrees in 2019-2020.
As a testament to the quality of education offered at DU, the school also landed the #4 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Colorado” ranking. It costs about $20,735 for Colorado Bachelor’s Degree ME students whose families make $30-$48k per year to attend University of Denver.
The student loan default rate at the school is 1.9%, which is quite low when compared to the national default rate of 10.1%.
Read more about Mechanical Engineering at University of Denver
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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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