2022 Best Value ME Schools for a Bachelor’s in Minnesota For Those Making $30-$48k
Students have lots of options to chooose from today when trying to decide which college to attend. College Factual has developed its “Best Value ME Schools for a Bachelor’s in Minnesota For Those Making $30-$48k” ranking as one item you can use to help make this decision.
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 Minnesota, there were 650 mechanical engineering graduates with average earnings and debt of $65,350 and $22,448 respectively. At the bachelor’s degree level specifically, there were 526 mechanical engineering graduates with average earnings and debt of $40,526 and $26,035 respectively.
This year’s “Best Value ME Schools for a Bachelor’s in Minnesota For Those Making $30-$48k” ranking looked at 6 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.
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. For more information, check out our ranking methodology.
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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 for a Bachelor’s in Minnesota For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.
One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.
Best Value ME Schools for a Bachelor’s in Minnesota For Those Making $30-$48k
The colleges and universities below are the best for minnesota 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 Minnesota
You’ll be in good company if you decide to attend University of Minnesota - Twin Cities. It ranked #1 on our 2022 Best Value ME Schools for a Bachelor’s in Minnesota For Those Making $30-$48k list. Located in Minneapolis, Minnesota, this large public school awarded 205 diplomas to qualified bachelors’s ME students in 2019-2020.
UMN Twin Cities also made our “Best Mechanical Engineering Bachelor’s Degree Schools in Minnesota” list, coming in at #1. The yearly cost to attend University of Minnesota - Twin Cities is $8,418 for minnesota bachelor’s degree me students whose families make $30-$48k.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.
Read more about Mechanical Engineering at University of Minnesota - Twin Cities
Out of the 6 schools in the Best Value ME Schools for a Bachelor’s in Minnesota For Those Making $30-$48k that were part of this year’s ranking, University of Minnesota - Duluth landed the #2 spot on the list. Located in Duluth, Minnesota, this fairly large public school handed out 125 diplomas to qualified bachelors’s ME students in 2019-2020.
UMN Duluth also took the #3 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Minnesota” ranking. The yearly cost to attend UMN Duluth is $7,992 for Minnesota Bachelor’s Degree ME students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 3.1%, which is much lower than the national rate of 10.1%.
You’ll be in good company if you decide to attend Saint Cloud State University. It ranked #3 on our 2022 Best Value ME Schools for a Bachelor’s in Minnesota For Those Making $30-$48k list. St. Cloud State University is a public institution located in Saint Cloud, Minnesota. The school has a fairly large population, and it awarded 42 bachelors’s degrees in 2019-2020.
St. Cloud State University also took the #6 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Minnesota” ranking. The yearly cost to attend Saint Cloud State University is $11,274 for Minnesota Bachelor’s Degree ME students whose families make $30-$48k.
Read full report on Mechanical Engineering at Saint Cloud State University
You’ll join some of the best and brightest minds around if you attend Minnesota State University - Mankato. The school came in at #4 for the Best Value ME Schools for a Bachelor’s in Minnesota For Those Making $30-$48k. Minnesota State University - Mankato is a public institution located in Mankato, Minnesota. The school has a fairly large population, and it awarded 39 bachelors’s degrees in 2019-2020.
Minnesota State Mankato also took the #5 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Minnesota” ranking. It costs about $11,781 for Minnesota Bachelor’s Degree ME students whose families make $30-$48k per year to attend Minnesota State University - Mankato.
The low student loan default rate of 4.4% 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%.
Read more about Mechanical Engineering at Minnesota State Mankato
You’ll join some of the best and brightest minds around if you attend Dunwoody College of Technology. The school came in at #5 for the Best Value ME Schools for a Bachelor’s in Minnesota For Those Making $30-$48k. Minneapolis, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s ME degrees to 13 students in 2019-2020.
Dunwoody College of Technology also took the #4 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Minnesota” ranking. The yearly cost to attend Dunwoody College of Technology is $21,345 for minnesota bachelor’s degree me students whose families make $30-$48k.
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.
Full Dunwoody College of Technology Mechanical Engineering Report
University of St Thomas Minnesota did quite well in the 2022 Best Value ME Schools for a Bachelor’s in Minnesota For Those Making $30-$48k ranking, coming in at #6. Located in Saint Paul, Minnesota, this medium-sized private not-for-profit school handed out 102 diplomas to qualified bachelors’s ME students in 2019-2020.
UST MN also made our “Best Mechanical Engineering Bachelor’s Degree Schools in Minnesota” list, coming in at #2. It costs about $26,365 for Minnesota Bachelor’s Degree ME students whose families make $30-$48k per year to attend University of St Thomas Minnesota.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The school has an impressive student loan default rate. It’s only 2.1%, which is much lower than the national rate of 10.1%.
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Best Value Bachelor's Degree Colleges for Mechanical Engineering (Income $30-$48k) in Missouri
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- Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $30-$48k)
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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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