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2023 Best Value Colleges for Mechanical Engineering (Income Over $110k) in Indiana

10 Ranked Colleges
1,336 Degrees Awarded
$26,000 Avg Net Price*
Best Vallue ME Schools in Indiana For Those Making 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 in Indiana For Those Making Over $110k” ranking as one item you can use to help make this decision.

Mechanical Engineering is the 21st most popular major in the country with 46,178 degrees awarded in 2020-2021. In 2019-2020, mechanical engineering graduates who were awarded their degree in 2017-2019, earned an average of $69,007 and had an average of $23,944 in loans still to pay off.

Across Indiana, there were 1,336 mechanical engineering graduates with average earnings and debt of $70,866 and $24,227 respectively.

For this year’s “Best Vallue ME Schools in Indiana For Those Making Over $110k” ranking, we looked at 10 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.

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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Vallue ME Schools in Indiana For Those Making Over $110k” list to help you make the college decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

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Best Vallue ME Schools in Indiana For Those Making Over $110k

The following schools top our list of the Best Best Vallue ME Schools in Indiana For Those Making Over $110k.

Top 10 Best Value Colleges for Mechanical Engineering (Income Over $110k) in Indiana

1
Purdue crest
Purdue University - Main Campus
West Lafayette, Indiana

Out of the 10 schools in the Best Vallue ME Schools in Indiana For Those Making Over $110k that were part of this year’s ranking, Purdue University - Main Campus landed the #1 spot on the list. Purdue University - Main Campus is located in West Lafayette, Indiana and, has a large student population. In 2020-2021, this school awarded 582 ’s ME degrees to qualified students.

Purdue also took the #2 spot in our “Best Mechanical Engineering Schools in Indiana” ranking. The estimated yearly cost for Purdue is $13,377 for Indiana ME students whose families make more than $110k.

The undergrad student loan default rate at the school is 1.7%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students.

Read full report on Mechanical Engineering at Purdue

2

You’ll be in good company if you decide to attend Indiana University - Purdue University - Indianapolis. It ranked #2 on our 2023 Best Vallue ME Schools in Indiana For Those Making Over $110k list. Indiana University - Purdue University - Indianapolis is a public institution located in Indianapolis, Indiana. The school has a large population, and it awarded 235 ’s degrees in 2020-2021.

IUPUI not only placed well in this ranking. It is also #4 on our “Best Mechanical Engineering Schools in Indiana” list. The estimated yearly cost for IUPUI is $12,416 for Indiana ME students whose families make more than $110k.

The undergrad 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 more about Mechanical Engineering at Indiana University - Purdue University - Indianapolis

3

Out of the 10 schools in the Best Vallue ME Schools in Indiana For Those Making Over $110k that were part of this year’s ranking, Purdue University Northwest landed the #3 spot on the list. Purdue University Northwest is located in Hammond, Indiana and, has a medium-sized student population. In 2020-2021, this school awarded 66 ’s ME degrees to qualified students.

Purdue Northwest did well in our major quality rankings, too. It placed #8 on our “Best Mechanical Engineering Schools in Indiana” list. It costs about $11,384 for indiana me students whose families make more than $110k per year to attend Purdue University Northwest.

Full Purdue University Northwest Mechanical Engineering Report

4
PFW crest
Purdue University Fort Wayne
Fort Wayne, Indiana

Out of the 10 schools in the Best Vallue ME Schools in Indiana For Those Making Over $110k that were part of this year’s ranking, Purdue University Fort Wayne landed the #4 spot on the list. This medium-sized school is located in Fort Wayne, Indiana, and it awarded 15 ’s ME degrees in 2020-2021.

PFW did well in our major quality rankings, too. It placed #10 on our “Best Mechanical Engineering Schools in Indiana” list. The estimated yearly cost for Purdue University Fort Wayne is $11,629 for indiana me students whose families make more than $110k.

Full PFW Mechanical Engineering Report

5
Valpo crest
Valparaiso University
Valparaiso, Indiana

You’ll be in good company if you decide to attend Valparaiso University. It ranked #5 on our 2023 Best Vallue ME Schools in Indiana For Those Making Over $110k list. Valpo is a small private not-for-profit school situated in Valparaiso, Indiana. It awarded 46 ’s ME degrees in 2020-2021.

In addition to being on our indiana me students whose families make more than $110k list, Valpo has also earned the #5 rank in our “Best Mechanical Engineering Schools in Indiana” ranking. The yearly cost to attend Valparaiso University is $22,899 for indiana me students whose families make more than $110k.

The undergrad student loan default rate at the school is 3.0%, which is quite low when compared to the national default rate of 10.1%.

Read more about Mechanical Engineering at Valpo

6

University of Southern Indiana did quite well in the 2023 Best Vallue ME Schools in Indiana For Those Making Over $110k ranking, coming in at #6. Located in Evansville, Indiana, this medium-sized public school handed out 37 diplomas to qualified ’s ME students in 2020-2021.

USI not only placed well in this ranking. It is also #9 on our “Best Mechanical Engineering Schools in Indiana” list. The estimated yearly cost for University of Southern Indiana is $13,481 for indiana me students whose families make more than $110k.

The undergrad student loan default rate at the school is 3.9%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Mechanical Engineering at USI

7
UE crest
University of Evansville
Evansville, Indiana

With a ranking of #7, University of Evansville did quite well on the 2023 Best Vallue ME Schools in Indiana For Those Making Over $110k list. UE is a private not-for-profit institution located in Evansville, Indiana. The school has a small population, and it awarded 16 ’s degrees in 2020-2021.

As a testament to the quality of education offered at UE, the school also landed the #7 spot in our “Best Mechanical Engineering Schools in Indiana” ranking. It costs about $22,912 for indiana me students whose families make more than $110k per year to attend UE.

With a freshman retention rate of 87%, the school does an excellent job of retaining its undergraduate students. The impressive undergraduate 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 low undergrad 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%.

Full University of Evansville Mechanical Engineering Report

8
Trine crest
Trine University
Angola, Indiana

Trine University came in at #8 in this year’s edition of the Best Vallue ME Schools in Indiana For Those Making Over $110k ranking. Trine University is a private not-for-profit institution located in Angola, Indiana. The school has a small population, and it awarded 33 ’s degrees in 2020-2021.

Trine also made our “Best Mechanical Engineering Schools in Indiana” list, coming in at #6. The yearly cost to attend Trine University is $25,028 for indiana me students whose families make more than $110k.

The low undergrad 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 more about Mechanical Engineering at Trine

9
Notre Dame crest
University of Notre Dame
Notre Dame, Indiana

With a ranking of #9, University of Notre Dame did quite well on the 2023 Best Vallue ME Schools in Indiana For Those Making Over $110k list. Notre Dame is a fairly large school located in Notre Dame, Indiana that handed out 135 ’s ME degrees in 2020-2021.

Notre Dame also took the #1 spot in our “Best Mechanical Engineering Schools in Indiana” ranking. The yearly cost to attend University of Notre Dame is $31,101 for indiana me students whose families make more than $110k.

The undergraduate student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%.

Full University of Notre Dame Mechanical Engineering Report

10

With a ranking of #10, Rose - Hulman Institute of Technology did quite well on the 2023 Best Vallue ME Schools in Indiana For Those Making Over $110k list. Rose - Hulman Institute of Technology is located in Terre Haute, Indiana and, has a small student population. In 2020-2021, this school awarded 134 ’s ME degrees to qualified students.

In addition to being on our indiana me students whose families make more than $110k list, Rose - Hulman Institute of Technology has also earned the #3 rank in our “Best Mechanical Engineering Schools in Indiana” ranking. The yearly cost to attend Rose - Hulman Institute of Technology is $38,975 for Indiana ME students whose families make more than $110k.

The low undergrad 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%. The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. Since the school has a undergrad student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Full Rose - Hulman Institute of Technology Mechanical Engineering Report

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