2022 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $75-$110k)
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 For Those Making $75-$110k” 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.
At the bachelor’s degree level specifically, there were 37,951 mechanical engineering graduates with average earnings and debt of $38,303 and $24,501 respectively.
For this year’s “Best Value ME Schools for a Bachelor’s For Those Making $75-$110k” ranking, we looked at 322 colleges that offer a degree 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.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the mechanical engineering program at the school. 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 For Those Making $75-$110k” ranking, along with many other major-related rankings, to help you make that decision.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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 for a Bachelor’s For Those Making $75-$110k
The colleges and universities below are the best for bachelor’s degree me students whose families make $75-$110k.
Top 25 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $75-$110k)
You’ll join some of the best and brightest minds around if you attend Massachusetts Institute of Technology. The school came in at #1 for the Best Value ME Schools for a Bachelor’s For Those Making $75-$110k. MIT is a fairly large private not-for-profit school situated in Cambridge, Massachusetts. It awarded 147 bachelors’s ME degrees in 2019-2020.
MIT also made our “Best Mechanical Engineering Bachelor’s Degree Schools” list, coming in at #2. The yearly cost to attend MIT is $14,381 for Bachelor’s Degree ME students whose families make $75-$110k.
With a student-to-faculty ratio of 3 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an excellent freshman retention rate of 98%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 1.1%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Mechanical Engineering at Massachusetts Institute of Technology
You’ll join some of the best and brightest minds around if you attend Stanford University. The school came in at #2 for the Best Value ME Schools for a Bachelor’s For Those Making $75-$110k. Stanford University is a fairly large school located in Stanford, California that handed out 54 bachelors’s ME degrees in 2019-2020.
Stanford also made our “Best Mechanical Engineering Bachelor’s Degree Schools” list, coming in at #5. The yearly cost to attend Stanford University is $10,631 for Bachelor’s Degree ME students whose families make $75-$110k.
The student-to-faculty ratio of 4 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The low student loan default rate of 0.5% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Read more about Mechanical Engineering at Stanford University
You’ll join some of the best and brightest minds around if you attend Olin College. The school came in at #3 for the Best Value ME Schools for a Bachelor’s For Those Making $75-$110k. Olin College is located in Needham, Massachusetts and, has a small student population. In 2019-2020, this school awarded 36 bachelors’s ME degrees to qualified students.
Olin College did well in our major quality rankings, too. It placed #1 on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. The yearly cost to attend Olin College is $13,820 for Bachelor’s Degree ME students whose families make $75-$110k.
The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
You’ll join some of the best and brightest minds around if you attend Princeton University. The school came in at #4 for the Best Value ME Schools for a Bachelor’s For Those Making $75-$110k. Princeton University is a medium-sized private not-for-profit school situated in Princeton, New Jersey. It awarded 52 bachelors’s ME degrees in 2019-2020.
Princeton not only placed well in this ranking. It is also #3 on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. The yearly cost to attend Princeton University is $16,989 for Bachelor’s Degree ME students whose families make $75-$110k.
The low 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%. Since the school has a student-to-faculty ratio of 4 to 1, those pursuing a degree will have more opportunities to interact with their professors.
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 a Bachelor’s For Those Making $75-$110k. Located in Evanston, Illinois, this large private not-for-profit school handed out 67 degrees to qualified bachelors’s ME students in 2019-2020.
Northwestern also took the #9 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools” ranking. It costs about $16,784 for Bachelor’s Degree ME students whose families make $75-$110k per year to attend Northwestern University.
The low student loan default rate of 0.8% 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%. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
Duke University landed the #6 spot on the 2022 Best Value ME Schools for a Bachelor’s For Those Making $75-$110k ranking. Duke is a fairly large school located in Durham, North Carolina that handed out 91 bachelors’s ME degrees in 2019-2020.
Duke did well in our major quality rankings, too. It placed #4 on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. The yearly cost to attend Duke is $18,375 for Bachelor’s Degree ME students whose families make $75-$110k.
The impressive 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 excellent freshman retention rate of 97%, 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 0.9%, which is much lower than the national rate of 10.1%.
Read full report on Mechanical Engineering at Duke University
University of Florida came in at #7 in this year’s edition of the Best Value ME Schools for a Bachelor’s For Those Making $75-$110k ranking. University of Florida is a public institution located in Gainesville, Florida. The school has a large population, and it awarded 320 bachelors’s degrees in 2019-2020.
In addition to being on this list, UF is in the top on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. It’s in the top 15% of all schools in this category. The estimated yearly cost for UF is $12,685 for bachelor’s degree me students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 2.0%, 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 students.
With a ranking of #8, Vanderbilt University did quite well on the 2022 Best Value ME Schools for a Bachelor’s For Those Making $75-$110k list. Vanderbilt is a fairly large school located in Nashville, Tennessee that handed out 49 bachelors’s ME degrees in 2019-2020.
Vanderbilt not only placed well in this ranking. It is also #15 on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Vanderbilt is $14,890 for bachelor’s degree 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%. Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an impressive student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%.
University of Michigan - Ann Arbor did quite well in the 2022 Best Value ME Schools for a Bachelor’s For Those Making $75-$110k ranking, coming in at #9. University of Michigan - Ann Arbor is located in Ann Arbor, Michigan and, has a large student population. In 2019-2020, this school awarded 289 bachelors’s ME degrees to qualified students.
In addition to being on our bachelor’s degree me students whose families make $75-$110k list, U-M has also earned the #10 rank in our “Best Mechanical Engineering Bachelor’s Degree Schools” ranking. It costs about $18,039 for Bachelor’s Degree ME students whose families make $75-$110k per year to attend U-M.
The low student loan default rate of 1.2% 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%. The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year.
Read more about Mechanical Engineering at University of Michigan - Ann Arbor
University of Notre Dame ranked #10 on this year’s Best Value ME Schools for a Bachelor’s For Those Making $75-$110k list. University of Notre Dame is located in Notre Dame, Indiana and, has a fairly large student population. In 2019-2020, this school awarded 119 bachelors’s ME degrees to qualified students.
As a testament to the quality of education offered at Notre Dame, the school also landed the #7 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools” ranking. It costs about $24,392 for Bachelor’s Degree ME students whose families make $75-$110k per year to attend University of Notre Dame.
The impressive student-to-faculty ratio of 9 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 97%, 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 0.7%, which is much lower than the national rate of 10.1%.
With a ranking of #11, Georgia Institute of Technology - Main Campus did quite well on the 2022 Best Value ME Schools for a Bachelor’s For Those Making $75-$110k list. Georgia Institute of Technology - Main Campus is a large public school situated in Atlanta, Georgia. It awarded 572 bachelors’s ME degrees in 2019-2020.
As a testament to the quality of education offered at Georgia Tech, the school also landed the #12 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools” ranking. It costs about $17,846 for bachelor’s degree me students whose families make $75-$110k per year to attend Georgia Tech.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 1.3%, which is much lower than the national rate of 10.1%.
With a ranking of #12, The City College of New York did quite well on the 2022 Best Value ME Schools for a Bachelor’s For Those Making $75-$110k list. The City College of New York is a fairly large school located in New York, New York that handed out 125 bachelors’s ME degrees in 2019-2020.
It costs about $9,546 for bachelor’s degree me students whose families make $75-$110k per year to attend CCNY.
Purdue University - Main Campus ranked #13 on this year’s Best Value ME Schools for a Bachelor’s For Those Making $75-$110k list. This large school is located in West Lafayette, Indiana, and it awarded 376 bachelors’s ME degrees in 2019-2020.
In addition to being on this list, Purdue is in the top on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. It’s ranked in the top 10% of all schools on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. It costs about $18,565 for Bachelor’s Degree ME students whose families make $75-$110k per year to attend Purdue.
With a freshman retention rate of 93%, the school does an excellent job of retaining its students. 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%.
Read more about Mechanical Engineering at Purdue University - Main Campus
Columbia University in the City of New York came in at #14 in this year’s edition of the Best Value ME Schools for a Bachelor’s For Those Making $75-$110k ranking. Columbia is a large private not-for-profit school situated in New York, New York. It awarded 68 bachelors’s ME degrees in 2019-2020.
In addition to being on this list, Columbia is in the top on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. It’s in the top 10% of all schools reviewed in that analysis. The estimated yearly cost for Columbia is $18,637 for bachelor’s degree me students whose families make $75-$110k.
The student loan default rate at the school is 2.1%, which is quite low when compared to the national default rate of 10.1%. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. Students who start out at the school are likely to stick around. The freshman retention rate is 95%.
Full Columbia University in the City of New York Mechanical Engineering Report
With a ranking of #15, Missouri University of Science and Technology did quite well on the 2022 Best Value ME Schools for a Bachelor’s For Those Making $75-$110k list. This medium-sized school is located in Rolla, Missouri, and it awarded 279 bachelors’s ME degrees in 2019-2020.
On top of its placing in this ranking, Missouri University of Science and Technology also did well on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. It’s in the top 20% of all schools in this category. The yearly cost to attend Missouri University of Science and Technology is $16,060 for bachelor’s degree me students whose families make $75-$110k.
The student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 85%, the school does an excellent job of retaining its students.
Full Missouri University of Science and Technology Mechanical Engineering Report
Cornell University ranked #16 on this year’s Best Value ME Schools for a Bachelor’s For Those Making $75-$110k list. Cornell University is a large school located in Ithaca, New York that handed out 156 bachelors’s ME degrees in 2019-2020.
Cornell also took the #6 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Cornell is $23,128 for bachelor’s degree 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 student loan default rate at the school is 1.1%, which is quite low when compared to the national default rate of 10.1%. Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.
University of Pennsylvania ranked #17 on this year’s Best Value ME Schools for a Bachelor’s For Those Making $75-$110k list. Philadelphia, Pennsylvania is the setting for this large institution of higher learning. The private not-for-profit school handed out bachelors’s ME degrees to 60 students in 2019-2020.
UPenn also took the #8 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for University of Pennsylvania is $20,632 for bachelor’s degree me students whose families make $75-$110k.
The student loan default rate at the school is 1.4%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 95%, the school does an excellent job of retaining its students. With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Brigham Young University - Idaho landed the #18 spot on the 2022 Best Value ME Schools for a Bachelor’s For Those Making $75-$110k ranking. BYU - I is a large private not-for-profit school situated in Rexburg, Idaho. It awarded 127 bachelors’s ME degrees in 2019-2020.
The estimated yearly cost for BYU - I is $9,850 for bachelor’s degree me students whose families make $75-$110k.
The student loan default rate at the school is 3.2%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #19, Michigan Technological University did quite well on the 2022 Best Value ME Schools for a Bachelor’s For Those Making $75-$110k list. Michigan Tech is located in Houghton, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 283 bachelors’s ME degrees to qualified students.
On top of its placing in this ranking, Michigan Tech also did well on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. It’s in the top 15% of all schools reviewed in that analysis. The estimated yearly cost for Michigan Tech is $17,908 for Bachelor’s Degree ME students whose families make $75-$110k.
The student loan default rate at the school is 2.3%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
Johns Hopkins University did quite well in the 2022 Best Value ME Schools for a Bachelor’s For Those Making $75-$110k ranking, coming in at #20. Johns Hopkins is a large school located in Baltimore, Maryland that handed out 40 bachelors’s ME degrees in 2019-2020.
Johns Hopkins did well in our major quality rankings, too. It placed #24 on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. The yearly cost to attend Johns Hopkins is $19,177 for Bachelor’s Degree ME students whose families make $75-$110k.
The 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 97%, the school does an excellent job of retaining its students. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors.
University of Central Florida came in at #21 in this year’s edition of the Best Value ME Schools for a Bachelor’s For Those Making $75-$110k ranking. UCF is a large school located in Orlando, Florida that handed out 461 bachelors’s ME degrees in 2019-2020.
It costs about $15,192 for bachelor’s degree me students whose families make $75-$110k per year to attend University of Central Florida.
The low student loan default rate of 4.2% 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%. The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year.
Read full report on Mechanical Engineering at University of Central Florida
California Institute of Technology came in at #22 in this year’s edition of the Best Value ME Schools for a Bachelor’s For Those Making $75-$110k ranking. This small school is located in Pasadena, California, and it awarded 15 bachelors’s ME degrees in 2019-2020.
Caltech did well in our major quality rankings, too. It placed #16 on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. The yearly cost to attend California Institute of Technology is $12,788 for bachelor’s degree me students whose families make $75-$110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%. With a student-to-faculty ratio of 3 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
California State University - Los Angeles landed the #23 spot on the 2022 Best Value ME Schools for a Bachelor’s For Those Making $75-$110k ranking. Los Angeles, California is the setting for this large institution of higher learning. The public school handed out bachelors’s ME degrees to 144 students in 2019-2020.
It costs about $9,576 for bachelor’s degree me students whose families make $75-$110k per year to attend Cal State LA.
The low student loan default rate of 1.4% 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%.
With a ranking of #24, Rice University did quite well on the 2022 Best Value ME Schools for a Bachelor’s For Those Making $75-$110k list. Rice University is located in Houston, Texas and, has a medium-sized student population. In 2019-2020, this school awarded 39 bachelors’s ME degrees to qualified students.
Rice also took the #21 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools” ranking. It costs about $24,321 for bachelor’s degree me students whose families make $75-$110k per year to attend Rice.
The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The low student loan default rate of 1.0% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.
California State University - Fullerton landed the #25 spot on the 2022 Best Value ME Schools for a Bachelor’s For Those Making $75-$110k ranking. California State University - Fullerton is located in Fullerton, California and, has a large student population. In 2019-2020, this school awarded 231 bachelors’s ME degrees to qualified students.
It costs about $12,916 for Bachelor’s Degree ME students whose families make $75-$110k per year to attend Cal State Fullerton.
The low student loan default rate of 2.7% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 89%.
Read full report on Mechanical Engineering at Cal State Fullerton
Rest of the Best 49 in Best Value ME Schools for a Bachelor’s For Those Making $75-$110k
Not only did these schools make the top 49 list, but they also landed in the top 15% of this year’s ranking:
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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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