2022 Best Value ME Schools in Minnesota For Those Making $30-$48k
It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value ME Schools 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.
This year’s “Best Value ME Schools in Minnesota For Those Making $30-$48k” ranking analyzed 6 colleges that offered a degree in mechanical engineering. This ranking identifies schools with high-quality mechanical engineering programs that also have a lower cost than 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. 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 in Minnesota 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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value ME Schools in Minnesota For Those Making $30-$48k
The colleges and universities below are the best for minnesota me students whose families make $30-$48k.
Top 6 Best Value Colleges for Mechanical Engineering (Income $30-$48k) in Minnesota
You’ll join some of the best and brightest minds around if you attend University of Minnesota - Twin Cities. The school came in at #1 for the Best Value ME Schools in Minnesota For Those Making $30-$48k. University of Minnesota - Twin Cities is a large public school situated in Minneapolis, Minnesota. It awarded 293 ’s ME degrees in 2019-2020.
UMN Twin Cities also made our “Best Mechanical Engineering Schools in Minnesota” list, coming in at #1. The yearly cost to attend UMN Twin Cities is $8,418 for minnesota me students whose families make $30-$48k.
The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.
Full University of Minnesota - Twin Cities Mechanical Engineering Report
You’ll join some of the best and brightest minds around if you attend University of Minnesota - Duluth. The school came in at #2 for the Best Value ME Schools in Minnesota For Those Making $30-$48k. This fairly large school is located in Duluth, Minnesota, and it awarded 132 ’s ME degrees in 2019-2020.
UMN Duluth not only placed well in this ranking. It is also #3 on our “Best Mechanical Engineering Schools in Minnesota” list. It costs about $7,992 for minnesota me students whose families make $30-$48k per year to attend University of Minnesota - Duluth.
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 in Minnesota For Those Making $30-$48k list. Saint Cloud State University is located in Saint Cloud, Minnesota and, has a fairly large student population. In 2019-2020, this school awarded 42 ’s ME degrees to qualified students.
St. Cloud State University also made our “Best Mechanical Engineering Schools in Minnesota” list, coming in at #6. The estimated yearly cost for St. Cloud State University is $11,274 for minnesota me students whose families make $30-$48k.
Full Saint Cloud State University Mechanical Engineering Report
Out of the 6 schools in the Best Value ME Schools in Minnesota For Those Making $30-$48k that were part of this year’s ranking, Minnesota State University - Mankato landed the #4 spot on the list. Minnesota State University - Mankato is a fairly large public school situated in Mankato, Minnesota. It awarded 39 ’s ME degrees in 2019-2020.
Minnesota State Mankato also took the #5 spot in our “Best Mechanical Engineering Schools in Minnesota” ranking. It costs about $11,781 for Minnesota 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 full report on Mechanical Engineering at Minnesota State University - 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 in Minnesota For Those Making $30-$48k. This small school is located in Minneapolis, Minnesota, and it awarded 13 ’s ME degrees in 2019-2020.
Dunwoody College of Technology did well in our major quality rankings, too. It placed #4 on our “Best Mechanical Engineering Schools in Minnesota” list. The yearly cost to attend Dunwoody College of Technology is $21,345 for Minnesota ME students whose families make $30-$48k.
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.
Read more about Mechanical Engineering at Dunwoody College of Technology
University of St Thomas Minnesota did quite well in the 2022 Best Value ME Schools 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 awarded 131 degrees to qualified ’s ME students in 2019-2020.
As a testament to the quality of education offered at UST MN, the school also landed the #2 spot in our “Best Mechanical Engineering Schools in Minnesota” ranking. The yearly cost to attend University of St Thomas Minnesota is $26,365 for Minnesota ME students whose families make $30-$48k.
The school has an excellent freshman retention rate of 87%, 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 2.1%, 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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