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2022 Best Vallue ME Schools for a Bachelor’s in Minnesota For Those Making Over $110k

6 Ranked Colleges
526 Degrees Awarded
$24,200 Avg Net Price*
Best Vallue ME Schools for a Bachelor's in Minnesota For Those Making Over $110k

When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Vallue ME Schools for a Bachelor’s in Minnesota For Those Making Over $110k” ranking - to help you make that decision.

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.

Across Minnesota, there were 650 mechanical engineering graduates with average earnings and debt of $65,350 and $22,448 respectively. At the bachelor’s degree level specifically, there were 526 mechanical engineering graduates with average earnings and debt of $40,526 and $26,035 respectively.

For this year’s “Best Vallue ME Schools for a Bachelor’s in Minnesota For Those Making Over $110k” ranking, we looked at 6 colleges that offer 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.

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. Check out our ranking methodology for more information.

One Size Does Not Fit All

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 Minnesota For Those Making Over $110k” list, to help you choose the best school for you.

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. 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.

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Best Vallue ME Schools for a Bachelor’s in Minnesota For Those Making Over $110k

The colleges and universities below are the best for minnesota bachelor’s degree me students whose families make more than $110k.

Top 6 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income Over $110k) in Minnesota

#1

Saint Cloud State University

Saint Cloud, Minnesota

Out of the 6 schools in the Best Vallue ME Schools for a Bachelor’s in Minnesota For Those Making Over $110k that were part of this year’s ranking, Saint Cloud State University landed the #1 spot on the list. Saint Cloud State University is a public institution located in Saint Cloud, Minnesota. The school has a fairly large population, and it awarded 42 bachelors’s degrees in 2019-2020.

St. Cloud State University did well in our major quality rankings, too. It placed #6 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Minnesota” list. It costs about $14,267 for Minnesota Bachelor’s Degree ME students whose families make more than $110k per year to attend St. Cloud State University.

Full St. Cloud State University Mechanical Engineering Report

#2

University of Minnesota - Twin Cities

Minneapolis, Minnesota

You’ll be in good company if you decide to attend University of Minnesota - Twin Cities. It ranked #2 on our 2022 Best Vallue ME Schools for a Bachelor’s in Minnesota For Those Making Over $110k list. Located in Minneapolis, Minnesota, this large public school handed out 205 diplomas to qualified bachelors’s ME students in 2019-2020.

UMN Twin Cities did well in our major quality rankings, too. It placed #1 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Minnesota” list. The yearly cost to attend University of Minnesota - Twin Cities is $17,740 for Minnesota 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 93%. The low student loan default rate of 2.2% 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%.

Read full report on Mechanical Engineering at UMN Twin Cities

You’ll join some of the best and brightest minds around if you attend Minnesota State University - Mankato. The school came in at #3 for the Best Vallue ME Schools for a Bachelor’s in Minnesota For Those Making Over $110k. Minnesota State Mankato is a fairly large public school situated in Mankato, Minnesota. It awarded 39 bachelors’s ME degrees in 2019-2020.

Minnesota State Mankato also took the #5 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Minnesota” ranking. The yearly cost to attend Minnesota State Mankato is $16,221 for Minnesota Bachelor’s Degree ME students whose families make more than $110k.

The low student loan default rate of 4.4% 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%.

Read full report on Mechanical Engineering at Minnesota State University - Mankato

You’ll join some of the best and brightest minds around if you attend University of Minnesota - Duluth. The school came in at #4 for the Best Vallue ME Schools for a Bachelor’s in Minnesota For Those Making Over $110k. University of Minnesota - Duluth is located in Duluth, Minnesota and, has a fairly large student population. In 2019-2020, this school awarded 125 bachelors’s ME degrees to qualified students.

UMN Duluth also made our “Best Mechanical Engineering Bachelor’s Degree Schools in Minnesota” list, coming in at #3. It costs about $17,067 for minnesota bachelor’s degree me students whose families make more than $110k per year to attend University of Minnesota - Duluth.

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%.

Full University of Minnesota - Duluth Mechanical Engineering Report

#5

University of St Thomas Minnesota

Saint Paul, Minnesota

You’ll join some of the best and brightest minds around if you attend University of St Thomas Minnesota. The school came in at #5 for the Best Vallue ME Schools for a Bachelor’s in Minnesota For Those Making Over $110k. University of St Thomas Minnesota is a medium-sized school located in Saint Paul, Minnesota that handed out 102 bachelors’s ME degrees in 2019-2020.

In addition to being on our minnesota bachelor’s degree me students whose families make more than $110k list, UST MN has also earned the #2 rank in our “Best Mechanical Engineering Bachelor’s Degree Schools in Minnesota” ranking. The yearly cost to attend UST MN is $29,155 for Minnesota 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 87%. 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%.

Full UST MN Mechanical Engineering Report

#6

Dunwoody College of Technology

Minneapolis, Minnesota
#4 in overall quality

Dunwoody College of Technology ranked #6 on this year’s Best Vallue ME Schools for a Bachelor’s in Minnesota For Those Making Over $110k list. Minneapolis, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s ME degrees to 13 students in 2019-2020.

Dunwoody College of Technology not only placed well in this ranking. It is also #4 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Minnesota” list. It costs about $24,488 for minnesota bachelor’s degree me students whose families make more than $110k per year to attend Dunwoody College of Technology.

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.

Read more about Mechanical Engineering at Dunwoody College of Technology

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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.

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