2023 Best Value Colleges for Mechanical Engineering (Income $75-$110k)
312
Ranked Colleges
46,178
Degrees Awarded
$16,800
Avg Net Price*
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 For Those Making $75-$110k” ranking as one item you can use to help make this decision.
Mechanical Engineering is the 21st most popular major in the country with 46,178 degrees awarded in 2020-2021. In 2019-2020, mechanical engineering graduates who were awarded their degree in 2017-2019, earned an average of $69,007 and had an average of $23,944 in loans still to pay off.
This year’s “Best Value ME Schools For Those Making $75-$110k” ranking analyzed 312 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.
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.
One Size Does Not Fit All
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 Those Making $75-$110k”.
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 For Those Making $75-$110k
The colleges and universities below are the best for me students whose families make $75-$110k.
Top 25 Best Value Colleges for Mechanical Engineering (Income $75-$110k)
You’ll be in good company if you decide to attend Stanford University. It ranked #1 on our 2023 Best Value ME Schools For Those Making $75-$110k list. Stanford, California is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s ME degrees to 253 students in 2020-2021.
Stanford did well in our major quality rankings, too. It placed #2 on our “Best Mechanical Engineering Schools” list. The estimated yearly cost for Stanford University is $13,623 for ME students whose families make $75-$110k.
With a freshman retention rate of 86%, the school does an excellent job of retaining its undergraduate students. With a undergrad student-to-faculty ratio of 4 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The undergrad student loan default rate at the school is 0.5%, which is quite low when compared to the national default rate of 10.1%.
Full Stanford Mechanical Engineering Report
You’ll be in good company if you decide to attend Massachusetts Institute of Technology. It ranked #2 on our 2023 Best Value ME Schools For Those Making $75-$110k list. MIT is a fairly large private not-for-profit school situated in Cambridge, Massachusetts. It awarded 291 ’s ME degrees in 2020-2021.
MIT not only placed well in this ranking. It is also #1 on our “Best Mechanical Engineering Schools” list. The estimated yearly cost for Massachusetts Institute of Technology is $14,291 for ME students whose families make $75-$110k.
The low undergrad student loan default rate of 0.3% 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 98%. The undergraduate student-to-faculty ratio of 3 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Read more about Mechanical Engineering at Massachusetts Institute of Technology
You’ll be in good company if you decide to attend University of Florida. It ranked #3 on our 2023 Best Value ME Schools For Those Making $75-$110k list. Located in Gainesville, Florida, this large public school awarded 597 diplomas to qualified ’s ME students in 2020-2021.
UF did well in our major quality rankings, too. It placed #18 on our “Best Mechanical Engineering Schools” list. The estimated yearly cost for UF is $12,874 for me students whose families make $75-$110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The low undergrad student loan default rate of 1.7% 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 more about Mechanical Engineering at University of Florida
Out of the 312 schools in the Best Value ME Schools For Those Making $75-$110k that were part of this year’s ranking, Olin College landed the #4 spot on the list. Olin College is located in Needham, Massachusetts and, has a small student population. In 2020-2021, this school awarded 21 ’s ME degrees to qualified students.
Olin College excels when it comes to ME quality. It’s in the top 10% of all schools reviewed in that analysis. It costs about $17,308 for ME students whose families make $75-$110k per year to attend Olin College.
Since the school has a undergrad student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Full Olin College Mechanical Engineering Report
You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #5 for the Best Value ME Schools For Those Making $75-$110k. Northwestern University is located in Evanston, Illinois and, has a large student population. In 2020-2021, this school awarded 142 ’s ME degrees to qualified students.
Northwestern also made our “Best Mechanical Engineering Schools” list, coming in at #9. The estimated yearly cost for Northwestern is $15,686 for ME students whose families make $75-$110k.
With a undergrad student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an impressive undergrad student loan default rate. It’s only 0.6%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.
Full Northwestern Mechanical Engineering Report
Vanderbilt University did quite well in the 2023 Best Value ME Schools For Those Making $75-$110k ranking, coming in at #6. Vanderbilt University is a private not-for-profit institution located in Nashville, Tennessee. The school has a fairly large population, and it awarded 66 ’s degrees in 2020-2021.
Vanderbilt not only placed well in this ranking. It is also #20 on our “Best Mechanical Engineering Schools” list. The estimated yearly cost for Vanderbilt University is $15,636 for me students whose families make $75-$110k.
The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. The school has an impressive undergrad student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%. The impressive undergraduate student-to-faculty ratio of 8 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 Vanderbilt
Duke University ranked #7 on this year’s Best Value ME Schools For Those Making $75-$110k list. Durham, North Carolina is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s ME degrees to 141 students in 2020-2021.
Duke did well in our major quality rankings, too. It placed #4 on our “Best Mechanical Engineering Schools” list. It costs about $18,113 for me students whose families make $75-$110k per year to attend Duke.
The impressive undergraduate student-to-faculty ratio of 6 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 impressive undergrad student loan default rate. It’s only 0.3%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students.
Full Duke Mechanical Engineering Report
University of Michigan - Ann Arbor did quite well in the 2023 Best Value ME Schools For Those Making $75-$110k ranking, coming in at #8. Located in Ann Arbor, Michigan, this large public school handed out 462 degrees to qualified ’s ME students in 2020-2021.
In addition to being on our me students whose families make $75-$110k list, U-M has also earned the #6 rank in our “Best Mechanical Engineering Schools” ranking. It costs about $17,207 for ME students whose families make $75-$110k per year to attend U-M.
The undergrad student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 96%, the school does an excellent job of retaining its undergraduate students.
Read full report on Mechanical Engineering at University of Michigan - Ann Arbor
Johns Hopkins University did quite well in the 2023 Best Value ME Schools For Those Making $75-$110k ranking, coming in at #9. Located in Baltimore, Maryland, this large private not-for-profit school handed out 191 diplomas to qualified ’s ME students in 2020-2021.
Johns Hopkins also made our “Best Mechanical Engineering Schools” list, coming in at #3. The estimated yearly cost for Johns Hopkins University is $18,951 for me students whose families make $75-$110k.
With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students. Since the school has a undergrad student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The undergrad student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Mechanical Engineering at Johns Hopkins University
With a ranking of #10, Georgia Institute of Technology - Main Campus did quite well on the 2023 Best Value ME Schools For Those Making $75-$110k list. Georgia Tech is a large school located in Atlanta, Georgia that handed out 794 ’s ME degrees in 2020-2021.
Georgia Tech did well in our major quality rankings, too. It placed #14 on our “Best Mechanical Engineering Schools” list. It costs about $17,557 for me students whose families make $75-$110k per year to attend Georgia Institute of Technology - Main Campus.
The low undergrad student loan default rate of 0.9% 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 97%.
Full Georgia Tech Mechanical Engineering Report
With a ranking of #11, Columbia University in the City of New York did quite well on the 2023 Best Value ME Schools For Those Making $75-$110k list. This large school is located in New York, New York, and it awarded 205 ’s ME degrees in 2020-2021.
Columbia also made our “Best Mechanical Engineering Schools” list, coming in at #11. The yearly cost to attend Columbia University in the City of New York is $16,916 for me students whose families make $75-$110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 95%. Since the school has a undergrad student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The undergrad student loan default rate at the school is 1.7%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Mechanical Engineering at Columbia University in the City of New York
Purdue University - Main Campus did quite well in the 2023 Best Value ME Schools For Those Making $75-$110k ranking, coming in at #12. This large school is located in West Lafayette, Indiana, and it awarded 582 ’s ME degrees in 2020-2021.
Purdue also took the #12 spot in our “Best Mechanical Engineering Schools” ranking. The estimated yearly cost for Purdue University - Main Campus is $17,124 for ME students whose families make $75-$110k.
With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 1.7% 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%.
Full Purdue Mechanical Engineering Report
Princeton University ranked #13 on this year’s Best Value ME Schools For Those Making $75-$110k list. Located in Princeton, New Jersey, this medium-sized private not-for-profit school awarded 69 degrees to qualified ’s ME students in 2020-2021.
As a testament to the quality of education it offers, Princeton is also in the top of our “Best Mechanical Engineering Schools” ranking. It’s ranked in the top 10% of all schools on our “Best Mechanical Engineering Schools” list. It costs about $18,205 for ME students whose families make $75-$110k per year to attend Princeton University.
Since the school has a undergrad student-to-faculty ratio of 4 to 1, those pursuing a degree will have more opportunities to interact with their professors. The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%.
Full Princeton Mechanical Engineering Report
University of Pennsylvania ranked #14 on this year’s Best Value ME Schools For Those Making $75-$110k list. University of Pennsylvania is a large school located in Philadelphia, Pennsylvania that handed out 147 ’s ME degrees in 2020-2021.
In addition to being on our me students whose families make $75-$110k list, UPenn has also earned the #5 rank in our “Best Mechanical Engineering Schools” ranking. It costs about $20,957 for me students whose families make $75-$110k per year to attend University of Pennsylvania.
Students who start out at the school are likely to stick around. The freshman retention rate is 95%. The school has an impressive undergrad student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%. The impressive undergraduate student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Read full report on Mechanical Engineering at University of Pennsylvania
Harvard University landed the #15 spot on the 2023 Best Value ME Schools For Those Making $75-$110k ranking. Harvard is located in Cambridge, Massachusetts and, has a large student population. In 2020-2021, this school awarded 11 ’s ME degrees to qualified students.
As a testament to the quality of education it offers, Harvard is also in the top of our “Best Mechanical Engineering Schools” ranking. It’s ranked in the top 20% of all schools on our “Best Mechanical Engineering Schools” list. The yearly cost to attend Harvard is $20,059 for ME students whose families make $75-$110k.
With a undergrad student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an impressive undergrad student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%.
Read more about Mechanical Engineering at Harvard University
The City College of New York did quite well in the 2023 Best Value ME Schools For Those Making $75-$110k ranking, coming in at #16. New York, New York is the setting for this fairly large institution of higher learning. The public school handed out ’s ME degrees to 161 students in 2020-2021.
It costs about $9,109 for ME students whose families make $75-$110k per year to attend The City College of New York.
The undergrad student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.
Read more about Mechanical Engineering at The City College of New York
University of California - Davis ranked #17 on this year’s Best Value ME Schools For Those Making $75-$110k list. UC Davis is a large school located in Davis, California that handed out 274 ’s ME degrees in 2020-2021.
On top of its placing in this ranking, UC Davis also did well on our “Best Mechanical Engineering Schools” list. It’s ranked in the top 15% of all schools on our “Best Mechanical Engineering Schools” list. The estimated yearly cost for UC Davis is $18,728 for ME students whose families make $75-$110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The low undergrad student loan default rate of 1.5% 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 UC Davis
Missouri University of Science and Technology came in at #18 in this year’s edition of the Best Value ME Schools For Those Making $75-$110k ranking. Missouri University of Science and Technology is a medium-sized public school situated in Rolla, Missouri. It awarded 272 ’s ME degrees in 2020-2021.
On top of its placing in this ranking, Missouri University of Science and Technology also did well on our “Best Mechanical Engineering Schools” list. It’s ranked in the top 20% of all schools on our “Best Mechanical Engineering Schools” list. The yearly cost to attend Missouri University of Science and Technology is $14,755 for ME students whose families make $75-$110k.
The undergrad student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%.
Full Missouri University of Science and Technology Mechanical Engineering Report
With a ranking of #19, University of Washington - Seattle Campus did quite well on the 2023 Best Value ME Schools For Those Making $75-$110k list. UW Seattle is a public institution located in Seattle, Washington. The school has a large population, and it awarded 259 ’s degrees in 2020-2021.
As a testament to the quality of education it offers, UW Seattle is also in the top of our “Best Mechanical Engineering Schools” ranking. It’s in the top 15% of all schools reviewed in that analysis. The estimated yearly cost for UW Seattle is $16,894 for ME students whose families make $75-$110k.
The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. The school has an impressive undergrad student loan default rate. It’s only 2.1%, which is much lower than the national rate of 10.1%.
Read more about Mechanical Engineering at University of Washington - Seattle Campus
University of California - Los Angeles did quite well in the 2023 Best Value ME Schools For Those Making $75-$110k ranking, coming in at #20. Los Angeles, California is the setting for this large institution of higher learning. The public school handed out ’s ME degrees to 252 students in 2020-2021.
UCLA not only placed well in this ranking. It is also #19 on our “Best Mechanical Engineering Schools” list. The yearly cost to attend UCLA is $20,697 for me students whose families make $75-$110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 96%. The school has an impressive undergrad student loan default rate. It’s only 1.6%, which is much lower than the national rate of 10.1%.
Read more about Mechanical Engineering at University of California - Los Angeles
Michigan Technological University came in at #21 in this year’s edition of the Best Value ME Schools For Those Making $75-$110k ranking. Michigan Technological University is a public institution located in Houghton, Michigan. The school has a medium-sized population, and it awarded 429 ’s degrees in 2020-2021.
On top of its placing in this ranking, Michigan Tech also did well on our “Best Mechanical Engineering Schools” list. It’s in the top 15% of all schools reviewed in that analysis. The estimated yearly cost for Michigan Tech is $17,069 for ME students whose families make $75-$110k.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 1.9% 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 Michigan Technological University
University of Central Florida ranked #22 on this year’s Best Value ME Schools For Those Making $75-$110k list. This large school is located in Orlando, Florida, and it awarded 503 ’s ME degrees in 2020-2021.
It costs about $14,129 for me students whose families make $75-$110k per year to attend UCF.
Students who start out at the school are likely to stick around. The freshman retention rate is 92%. The low undergrad student loan default rate of 3.7% 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%.
Full UCF Mechanical Engineering Report
Brigham Young University - Provo came in at #23 in this year’s edition of the Best Value ME Schools For Those Making $75-$110k ranking. Located in Provo, Utah, this large private not-for-profit school awarded 199 diplomas to qualified ’s ME students in 2020-2021.
It costs about $15,777 for me students whose families make $75-$110k per year to attend BYU.
Students who start out at the school are likely to stick around. The freshman retention rate is 92%. The school has an impressive undergrad student loan default rate. It’s only 1.3%, which is much lower than the national rate of 10.1%.
Read full report on Mechanical Engineering at BYU
University of California - Berkeley came in at #24 in this year’s edition of the Best Value ME Schools For Those Making $75-$110k ranking. University of California - Berkeley is a public institution located in Berkeley, California. The school has a large population, and it awarded 320 ’s degrees in 2020-2021.
As a testament to the quality of education offered at UC Berkeley, the school also landed the #15 spot in our “Best Mechanical Engineering Schools” ranking. It costs about $21,601 for ME students whose families make $75-$110k per year to attend University of California - Berkeley.
The undergrad student loan default rate at the school is 1.8%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 96%, the school does an excellent job of retaining its undergraduate students.
Read more about Mechanical Engineering at University of California - Berkeley
University of Michigan - Dearborn ranked #25 on this year’s Best Value ME Schools For Those Making $75-$110k list. University of Michigan - Dearborn is a medium-sized school located in Dearborn, Michigan that handed out 183 ’s ME degrees in 2020-2021.
It costs about $17,197 for ME students whose families make $75-$110k per year to attend University of Michigan - Dearborn.
The school has an impressive undergrad student loan default rate. It’s only 3.7%, which is much lower than the national rate of 10.1%.
Read full report on Mechanical Engineering at University of Michigan - Dearborn
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