2022 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $75-$110k) in Colorado
When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value ME Schools for a Bachelor’s in Colorado For Those Making $75-$110k” ranking is part of that endeavor.
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 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.
For this year’s “Best Value ME Schools for a Bachelor’s in Colorado For Those Making $75-$110k” ranking, we looked at 6 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.
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.
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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 Colorado For Those Making $75-$110k” ranking, along with many other major-related rankings, to help you make that decision.
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Best Value ME Schools for a Bachelor’s in Colorado For Those Making $75-$110k
The following schools top our list of the Best Best Value ME Schools for a Bachelor’s in Colorado For Those Making $75-$110k.
Top 6 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $75-$110k) in Colorado
You’ll join some of the best and brightest minds around if you attend Colorado State University - Fort Collins. The school came in at #1 for the Best Value ME Schools for a Bachelor’s in Colorado For Those Making $75-$110k. Colorado State University - Fort Collins is a public institution located in Fort Collins, Colorado. The school has a large population, and it awarded 218 bachelors’s degrees in 2019-2020.
Colorado State also made our “Best Mechanical Engineering Bachelor’s Degree Schools in Colorado” list, coming in at #3. The yearly cost to attend Colorado State University - Fort Collins is $24,440 for Colorado Bachelor’s Degree ME students whose families make $75-$110k.
The school has an excellent freshman retention rate of 85%, 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 3.0%, which is much lower than the national rate of 10.1%.
Out of the 6 schools in the Best Value ME Schools for a Bachelor’s in Colorado For Those Making $75-$110k that were part of this year’s ranking, University of Colorado Denver/Anschutz Medical Campus landed the #2 spot on the list. CU Anschutz is a public institution located in Denver, Colorado. The school has a large population, and it awarded 69 bachelors’s degrees in 2019-2020.
CU Anschutz also took the #5 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Colorado” ranking. It costs about $20,353 for colorado bachelor’s degree me students whose families make $75-$110k 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%.
You’ll be in good company if you decide to attend University of Colorado at Colorado Springs. It ranked #3 on our 2022 Best Value ME Schools for a Bachelor’s in Colorado For Those Making $75-$110k list. Located in Colorado Springs, Colorado, this fairly large public school handed out 119 degrees to qualified bachelors’s ME students in 2019-2020.
UCCS not only placed well in this ranking. It is also #6 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Colorado” list. The estimated yearly cost for UCCS is $20,186 for colorado bachelor’s degree me students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 4.7%, which is much lower than the national rate of 10.1%.
Read full report on Mechanical Engineering at University of Colorado at Colorado Springs
You’ll join some of the best and brightest minds around if you attend University of Colorado Boulder. The school came in at #4 for the Best Value ME Schools for a Bachelor’s in Colorado For Those Making $75-$110k. Located in Boulder, Colorado, this large public school handed out 292 diplomas to qualified bachelors’s ME students in 2019-2020.
CU - Boulder also took the #2 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Colorado” ranking. It costs about $25,863 for Colorado Bachelor’s Degree ME students whose families make $75-$110k per year to attend University of Colorado Boulder.
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 join some of the best and brightest minds around if you attend Colorado School of Mines. The school came in at #5 for the Best Value ME Schools for a Bachelor’s in Colorado For Those Making $75-$110k. Golden, Colorado is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s ME degrees to 313 students in 2019-2020.
Mines did well in our major quality rankings, too. It placed #1 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Colorado” list. The yearly cost to attend Colorado School of Mines is $30,771 for colorado bachelor’s degree me students whose families make $75-$110k.
With a freshman retention rate of 92%, the school does an excellent job of retaining its students. The low 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%.
University of Denver landed the #6 spot on the 2022 Best Value ME Schools for a Bachelor’s in Colorado For Those Making $75-$110k ranking. Located in Denver, Colorado, this fairly large private not-for-profit school handed out 39 degrees to qualified bachelors’s ME students in 2019-2020.
DU also took the #4 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Colorado” ranking. The yearly cost to attend University of Denver is $31,512 for colorado bachelor’s degree me students whose families make $75-$110k.
The low 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%.
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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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