2022 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income Over $110k) in Indiana
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 Vallue ME Schools for a Bachelor’s in Indiana For Those Making Over $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 Indiana, there were 1,384 mechanical engineering graduates with average earnings and debt of $65,750 and $23,400 respectively. At the bachelor’s degree level specifically, there were 1,064 mechanical engineering graduates with average earnings and debt of $39,620 and $24,786 respectively.
For this year’s “Best Vallue ME Schools for a Bachelor’s in Indiana For Those Making Over $110k” ranking, we looked at 11 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 the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Vallue ME Schools for a Bachelor’s in Indiana For Those Making Over $110k” list, to help you choose the best school for you.
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Best Vallue ME Schools for a Bachelor’s in Indiana For Those Making Over $110k
The colleges and universities below are the best for indiana bachelor’s degree me students whose families make more than $110k.
Top 11 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income Over $110k) in Indiana
You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #1 on our 2022 Best Vallue ME Schools for a Bachelor’s in Indiana For Those Making Over $110k list. West Lafayette, Indiana is the setting for this large institution of higher learning. The public school handed out bachelors’s ME degrees to 376 students in 2019-2020.
Purdue also made our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” list, coming in at #3. The estimated yearly cost for Purdue University - Main Campus is $13,986 for indiana bachelor’s degree me students whose families make more than $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 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 full report on Mechanical Engineering at Purdue University - Main Campus
You’ll be in good company if you decide to attend Purdue University Northwest. It ranked #2 on our 2022 Best Vallue ME Schools for a Bachelor’s in Indiana For Those Making Over $110k list. Purdue Northwest is a medium-sized public school situated in Hammond, Indiana. It awarded 62 bachelors’s ME degrees in 2019-2020.
As a testament to the quality of education offered at Purdue Northwest, the school also landed the #6 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Purdue University Northwest is $11,250 for Indiana Bachelor’s Degree ME students whose families make more than $110k.
Read full report on Mechanical Engineering at Purdue Northwest
Out of the 11 schools in the Best Vallue ME Schools for a Bachelor’s in Indiana For Those Making Over $110k that were part of this year’s ranking, Indiana University - Purdue University - Indianapolis landed the #3 spot on the list. Indiana University - Purdue University - Indianapolis is a large school located in Indianapolis, Indiana that handed out 175 bachelors’s ME degrees in 2019-2020.
IUPUI also took the #7 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Indiana University - Purdue University - Indianapolis is $11,285 for indiana bachelor’s degree me students whose families make more than $110k.
You’ll join some of the best and brightest minds around if you attend University of Southern Indiana. The school came in at #4 for the Best Vallue ME Schools for a Bachelor’s in Indiana For Those Making Over $110k. University of Southern Indiana is a public institution located in Evansville, Indiana. The school has a fairly large population, and it awarded 26 bachelors’s degrees in 2019-2020.
USI did well in our major quality rankings, too. It placed #9 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for USI is $13,437 for indiana bachelor’s degree me students whose families make more than $110k.
The low student loan default rate of 5.0% 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%.
Read full report on Mechanical Engineering at University of Southern Indiana
You’ll join some of the best and brightest minds around if you attend Purdue University Fort Wayne. The school came in at #5 for the Best Vallue ME Schools for a Bachelor’s in Indiana For Those Making Over $110k. Fort Wayne, Indiana is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s ME degrees to 18 students in 2019-2020.
PFW did well in our major quality rankings, too. It placed #11 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend PFW is $10,912 for Indiana Bachelor’s Degree ME students whose families make more than $110k.
Read full report on Mechanical Engineering at Purdue University Fort Wayne
Valparaiso University landed the #6 spot on the 2022 Best Vallue ME Schools for a Bachelor’s in Indiana For Those Making Over $110k ranking. Valparaiso, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s ME degrees to 53 students in 2019-2020.
Valpo not only placed well in this ranking. It is also #4 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend Valparaiso University is $18,852 for Indiana Bachelor’s Degree ME students whose families make more than $110k.
The low student loan default rate of 2.9% 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%.
University of Evansville landed the #7 spot on the 2022 Best Vallue ME Schools for a Bachelor’s in Indiana For Those Making Over $110k ranking. University of Evansville is a small school located in Evansville, Indiana that handed out 16 bachelors’s ME degrees in 2019-2020.
UE not only placed well in this ranking. It is also #5 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” list. It costs about $21,626 for Indiana Bachelor’s Degree ME students whose families make more than $110k per year to attend UE.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The student loan default rate at the school is 3.3%, which is quite low when compared to the national default rate of 10.1%.
Indiana Institute of Technology did quite well in the 2022 Best Vallue ME Schools for a Bachelor’s in Indiana For Those Making Over $110k ranking, coming in at #8. Indiana Institute of Technology is a private not-for-profit institution located in Fort Wayne, Indiana. The school has a small population, and it awarded 16 bachelors’s degrees in 2019-2020.
Indiana Tech also took the #10 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Indiana Tech is $19,305 for indiana bachelor’s degree me students whose families make more than $110k.
Read more about Mechanical Engineering at Indiana Institute of Technology
Trine University landed the #9 spot on the 2022 Best Vallue ME Schools for a Bachelor’s in Indiana For Those Making Over $110k ranking. Trine University is a small private not-for-profit school situated in Angola, Indiana. It awarded 41 bachelors’s ME degrees in 2019-2020.
As a testament to the quality of education offered at Trine, the school also landed the #8 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Trine is $23,202 for Indiana Bachelor’s Degree ME students whose families make more than $110k.
The student loan default rate at the school is 4.8%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Mechanical Engineering at Trine University
University of Notre Dame ranked #10 on this year’s Best Vallue ME Schools for a Bachelor’s in Indiana For Those Making Over $110k list. Notre Dame, Indiana is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out bachelors’s ME degrees to 119 students in 2019-2020.
Notre Dame did well in our major quality rankings, too. It placed #1 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Notre Dame is $33,025 for Indiana Bachelor’s Degree ME students whose families make more than $110k.
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%. 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 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.
Rose - Hulman Institute of Technology ranked #11 on this year’s Best Vallue ME Schools for a Bachelor’s in Indiana For Those Making Over $110k list. Terre Haute, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s ME degrees to 154 students in 2019-2020.
Rose - Hulman Institute of Technology did well in our major quality rankings, too. It placed #2 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” list. It costs about $39,076 for Indiana Bachelor’s Degree ME students whose families make more than $110k per year to attend Rose - Hulman Institute of Technology.
The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. 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. The school has an impressive student loan default rate. It’s only 0.2%, which is much lower than the national rate of 10.1%.
Full Rose - Hulman Institute of Technology Mechanical Engineering Report
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Best Value Bachelor's Degree Colleges for Mechanical Engineering (Income Over $110k) in Indiana
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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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