2022 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income Over $110k)
It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k” 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.
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 Vallue ME Schools for a Bachelor’s For Those Making Over $110k” ranking, we looked at 320 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.
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. 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 Vallue ME Schools for a Bachelor’s For Those Making Over $110k” ranking, along with many other major-related rankings, to help you make that decision.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Go ahead and give it a try, or bookmark the link so you can check it out later.
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Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k
The following schools top our list of the Best Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k.
Top 25 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income Over $110k)
You’ll join some of the best and brightest minds around if you attend University of Florida. The school came in at #1 for the Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k. UF is a public institution located in Gainesville, Florida. The school has a large population, and it awarded 320 bachelors’s degrees in 2019-2020.
UF excels when it comes to ME quality. It’s ranked in the top 15% of all schools on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. The yearly cost to attend University of Florida is $6,302 for Bachelor’s Degree ME students whose families make more than $110k.
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 2.0%, which is much lower than the national rate of 10.1%.
You’ll be in good company if you decide to attend Georgia Institute of Technology - Main Campus. It ranked #2 on our 2022 Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k list. Georgia Institute of Technology - Main Campus is a public institution located in Atlanta, Georgia. The school has a large population, and it awarded 572 bachelors’s 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. The estimated yearly cost for Georgia Tech is $14,739 for bachelor’s degree me students whose families make more than $110k.
The low student loan default rate of 1.3% 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%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
Out of the 320 schools in the Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k that were part of this year’s ranking, Missouri University of Science and Technology landed the #3 spot on the list. Located in Rolla, Missouri, this medium-sized public school handed out 279 diplomas to qualified bachelors’s ME students 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 reviewed in that analysis. It costs about $14,262 for Bachelor’s Degree ME students whose families make more than $110k per year to attend Missouri University of Science and Technology.
With a freshman retention rate of 85%, the school does an excellent job of retaining its students. 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%.
Read more about Mechanical Engineering at Missouri University of Science and Technology
You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #4 on our 2022 Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k list. Purdue is a large public school situated in West Lafayette, Indiana. 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 in the top 10% of all schools reviewed in that analysis. It costs about $13,986 for Bachelor’s Degree ME students whose families make more than $110k per year to attend Purdue.
With a freshman retention rate of 93%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%.
Out of the 320 schools in the Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k that were part of this year’s ranking, University of Central Florida landed the #5 spot on the list. University of Central Florida is a public institution located in Orlando, Florida. The school has a large population, and it awarded 461 bachelors’s degrees in 2019-2020.
The yearly cost to attend UCF is $10,274 for Bachelor’s Degree ME students whose families make more than $110k.
With a freshman retention rate of 92%, the school does an excellent job of retaining its students. The student loan default rate at the school is 4.2%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Mechanical Engineering at University of Central Florida
The City College of New York ranked #6 on this year’s Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k list. New York, New York is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s ME degrees to 125 students in 2019-2020.
The estimated yearly cost for CCNY is $2,385 for Bachelor’s Degree ME students whose families make more than $110k.
Read full report on Mechanical Engineering at The City College of New York
Brigham Young University - Idaho came in at #7 in this year’s edition of the Best Vallue ME Schools for a Bachelor’s For Those Making Over $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 $7,167 for bachelor’s degree me students whose families make more than $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%.
Full Brigham Young University - Idaho Mechanical Engineering Report
Iowa State University landed the #8 spot on the 2022 Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k ranking. Ames, Iowa is the setting for this large institution of higher learning. The public school handed out bachelors’s ME degrees to 429 students in 2019-2020.
As a testament to the quality of education it offers, Iowa State is also in the top of our “Best Mechanical Engineering Bachelor’s Degree Schools” ranking. It’s in the top 20% of all schools in this category. The yearly cost to attend Iowa State University is $15,496 for bachelor’s degree me students whose families make more than $110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 89%. The school has an impressive student loan default rate. It’s only 3.3%, which is much lower than the national rate of 10.1%.
Read full report on Mechanical Engineering at Iowa State University
Florida State University came in at #9 in this year’s edition of the Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k ranking. Florida State is located in Tallahassee, Florida and, has a large student population. In 2019-2020, this school awarded 92 bachelors’s ME degrees to qualified students.
The yearly cost to attend Florida State is $9,789 for bachelor’s degree me students whose families make more than $110k.
The school has an impressive student loan default rate. It’s only 3.5%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 95%.
Read more about Mechanical Engineering at Florida State University
University of Wisconsin - Platteville did quite well in the 2022 Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k ranking, coming in at #10. UW - Platteville is located in Platteville, Wisconsin and, has a medium-sized student population. In 2019-2020, this school awarded 190 bachelors’s ME degrees to qualified students.
The yearly cost to attend University of Wisconsin - Platteville is $15,718 for Bachelor’s Degree ME students whose families make more than $110k.
Read full report on Mechanical Engineering at UW - Platteville
University of Georgia did quite well in the 2022 Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k ranking, coming in at #11. University of Georgia is a public institution located in Athens, Georgia. The school has a large population, and it awarded 148 bachelors’s degrees in 2019-2020.
It costs about $13,649 for bachelor’s degree me students whose families make more than $110k per year to attend UGA.
The student loan default rate at the school is 2.5%, 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 94%.
Read full report on Mechanical Engineering at University of Georgia
With a ranking of #12, West Virginia University Institute of Technology did quite well on the 2022 Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k list. This small school is located in Beckley, West Virginia, and it awarded 18 bachelors’s ME degrees in 2019-2020.
It costs about $10,569 for Bachelor’s Degree ME students whose families make more than $110k per year to attend West Virginia University Institute of Technology.
Full West Virginia University Institute of Technology Mechanical Engineering Report
University of Wisconsin - Stout landed the #13 spot on the 2022 Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k ranking. University of Wisconsin - Stout is a medium-sized school located in Menomonie, Wisconsin that handed out 56 bachelors’s ME degrees in 2019-2020.
It costs about $15,839 for bachelor’s degree me students whose families make more than $110k per year to attend University of Wisconsin - Stout.
The low student loan default rate of 3.8% 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%.
Florida International University came in at #14 in this year’s edition of the Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k ranking. This large school is located in Miami, Florida, and it awarded 174 bachelors’s ME degrees in 2019-2020.
It costs about $7,296 for Bachelor’s Degree ME students whose families make more than $110k per year to attend Florida International University.
With a freshman retention rate of 91%, the school does an excellent job of retaining its students.
University of Michigan - Ann Arbor came in at #15 in this year’s edition of the Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k ranking. This large school is located in Ann Arbor, Michigan, and it awarded 289 bachelors’s ME degrees in 2019-2020.
In addition to being on our bachelor’s degree me students whose families make more than $110k list, U-M has also earned the #10 rank in our “Best Mechanical Engineering Bachelor’s Degree Schools” ranking. It costs about $15,336 for Bachelor’s Degree ME students whose families make more than $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%. Students who start out at the school are likely to stick around. The freshman retention rate is 96%.
Full University of Michigan - Ann Arbor Mechanical Engineering Report
Brigham Young University - Provo came in at #16 in this year’s edition of the Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k ranking. Brigham Young University - Provo is a private not-for-profit institution located in Provo, Utah. The school has a large population, and it awarded 157 bachelors’s degrees in 2019-2020.
The estimated yearly cost for Brigham Young University - Provo is $13,322 for Bachelor’s Degree ME students whose families make more than $110k.
The student loan default rate at the school is 1.7%, 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 92%.
Read more about Mechanical Engineering at Brigham Young University - Provo
With a ranking of #17, Louisiana Tech University did quite well on the 2022 Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k list. Louisiana Tech University is located in Ruston, Louisiana and, has a fairly large student population. In 2019-2020, this school awarded 78 bachelors’s ME degrees to qualified students.
It costs about $12,084 for bachelor’s degree me students whose families make more than $110k per year to attend Louisiana Tech University.
Read full report on Mechanical Engineering at Louisiana Tech
University of South Florida - Main Campus ranked #18 on this year’s Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k list. Tampa, Florida is the setting for this large institution of higher learning. The public school handed out bachelors’s ME degrees to 208 students in 2019-2020.
The yearly cost to attend USF Tampa is $8,355 for bachelor’s degree me students whose families make more than $110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 92%. The low student loan default rate of 4.5% 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%.
The University of Texas Rio Grande Valley did quite well in the 2022 Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k ranking, coming in at #19. The University of Texas Rio Grande Valley is a public institution located in Edinburg, Texas. The school has a large population, and it awarded 99 bachelors’s degrees in 2019-2020.
The yearly cost to attend The University of Texas Rio Grande Valley is $4,514 for Bachelor’s Degree ME students whose families make more than $110k.
The low student loan default rate of 4.8% 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%.
Read full report on Mechanical Engineering at The University of Texas Rio Grande Valley
Michigan Technological University came in at #20 in this year’s edition of the Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k ranking. Michigan Tech is a medium-sized school located in Houghton, Michigan that handed out 283 bachelors’s ME degrees in 2019-2020.
In addition to being on this list, Michigan Tech is in the top on our “Best Mechanical Engineering Bachelor’s Degree Schools” list. It’s in the top 15% of all schools reviewed in that analysis. It costs about $16,463 for bachelor’s degree me students whose families make more than $110k per year to attend Michigan Tech.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. 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%.
With a ranking of #21, Christian Brothers University did quite well on the 2022 Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k list. Christian Brothers is located in Memphis, Tennessee and, has a small student population. In 2019-2020, this school awarded 24 bachelors’s ME degrees to qualified students.
The estimated yearly cost for Christian Brothers University is $11,900 for Bachelor’s Degree ME students whose families make more than $110k.
University of Puerto Rico - Mayaguez ranked #22 on this year’s Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k list. University of Puerto Rico - Mayaguez is a fairly large public school situated in Mayaguez, . It awarded 138 bachelors’s ME degrees in 2019-2020.
The estimated yearly cost for UPR Mayaguez is $10,766 for Bachelor’s Degree ME students whose families make more than $110k.
With a freshman retention rate of 92%, the school does an excellent job of retaining its students.
Read full report on Mechanical Engineering at University of Puerto Rico - Mayaguez
The University of Texas of the Permian Basin did quite well in the 2022 Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k ranking, coming in at #23. Located in Odessa, Texas, this medium-sized public school handed out 55 diplomas to qualified bachelors’s ME students in 2019-2020.
It costs about $10,092 for Bachelor’s Degree ME students whose families make more than $110k per year to attend The University of Texas of the Permian Basin.
Full The University of Texas of the Permian Basin Mechanical Engineering Report
With a ranking of #24, The University of West Florida did quite well on the 2022 Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k list. UWF is a fairly large school located in Pensacola, Florida that handed out 49 bachelors’s ME degrees in 2019-2020.
It costs about $7,406 for Bachelor’s Degree ME students whose families make more than $110k per year to attend UWF.
With a ranking of #25, California State University - Fullerton did quite well on the 2022 Best Vallue ME Schools for a Bachelor’s For Those Making Over $110k list. Cal State Fullerton is a large public school situated in Fullerton, California. It awarded 231 bachelors’s ME degrees in 2019-2020.
The yearly cost to attend Cal State Fullerton is $7,991 for Bachelor’s Degree ME students whose families make more than $110k.
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 more about Mechanical Engineering at California State University - Fullerton
Rest of the Best 49 in Best Vallue ME Schools for a Bachelor’s For Those Making Over $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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