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2022 Best Vallue ME Schools in Minnesota For Those Making Over $110k

6 Ranked Colleges
650 Degrees Awarded
$24,200 Avg Net Price*
Best Vallue ME Schools in Minnesota For Those Making Over $110k

It’s not easy to decide which college to attend when there so many options available for students. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Vallue ME Schools in Minnesota For Those Making Over $110k” ranking.

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 Minnesota, there were 650 mechanical engineering graduates with average earnings and debt of $65,350 and $22,448 respectively.

For this year’s “Best Vallue ME Schools in Minnesota For Those Making Over $110k” ranking, we looked at 6 colleges that offer a degree in mechanical engineering. Not only do the schools that top this list have excellent mechanical engineering programs, but they also cost less that 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. See our ranking methodology to learn more.

One Size Does Not Fit All

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 Minnesota 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 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 in Minnesota For Those Making Over $110k

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

Top 6 Best Value 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 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. Located in Saint Cloud, Minnesota, this fairly large public school handed out 42 degrees to qualified ’s ME students in 2019-2020.

St. Cloud State University did well in our major quality rankings, too. It placed #6 on our “Best Mechanical Engineering Schools in Minnesota” list. The estimated yearly cost for Saint Cloud State University is $14,267 for minnesota me students whose families make more than $110k.

Full Saint Cloud State University Mechanical Engineering Report

Out of the 6 schools in the Best Vallue ME Schools in Minnesota For Those Making Over $110k that were part of this year’s ranking, Minnesota State University - Mankato landed the #2 spot on the list. This fairly large school is located in Mankato, Minnesota, and it awarded 39 ’s ME degrees in 2019-2020.

Minnesota State Mankato also made our “Best Mechanical Engineering Schools in Minnesota” list, coming in at #5. It costs about $16,221 for Minnesota ME students whose families make more than $110k per year to attend Minnesota State Mankato.

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%.

Full Minnesota State Mankato Mechanical Engineering Report

#3

University of Minnesota - Twin Cities

Minneapolis, Minnesota

Out of the 6 schools in the Best Vallue ME Schools in Minnesota For Those Making Over $110k that were part of this year’s ranking, University of Minnesota - Twin Cities landed the #3 spot on the list. Located in Minneapolis, Minnesota, this large public school awarded 293 diplomas to qualified ’s ME students in 2019-2020.

In addition to being on our minnesota me students whose families make more than $110k list, UMN Twin Cities has also earned the #1 rank in our “Best Mechanical Engineering Schools in Minnesota” ranking. The yearly cost to attend UMN Twin Cities is $17,740 for minnesota me students whose families make more than $110k.

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%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.

Read full report on Mechanical Engineering at University of Minnesota - Twin Cities

Out of the 6 schools in the Best Vallue ME Schools in Minnesota For Those Making Over $110k that were part of this year’s ranking, University of Minnesota - Duluth landed the #4 spot on the list. University of Minnesota - Duluth is a public institution located in Duluth, Minnesota. The school has a fairly large population, and it awarded 132 ’s degrees in 2019-2020.

In addition to being on our minnesota me students whose families make more than $110k list, UMN Duluth has also earned the #3 rank in our “Best Mechanical Engineering Schools in Minnesota” ranking. The yearly cost to attend University of Minnesota - Duluth is $17,067 for minnesota me students whose families make more than $110k.

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 UMN Duluth Mechanical Engineering Report

#5

University of St Thomas Minnesota

Saint Paul, Minnesota

You’ll be in good company if you decide to attend University of St Thomas Minnesota. It ranked #5 on our 2022 Best Vallue ME Schools in Minnesota For Those Making Over $110k list. UST MN is a medium-sized private not-for-profit school situated in Saint Paul, Minnesota. It awarded 131 ’s ME degrees in 2019-2020.

In addition to being on our minnesota me students whose families make more than $110k list, UST MN has also earned the #2 rank in our “Best Mechanical Engineering Schools in Minnesota” ranking. The yearly cost to attend UST MN is $29,155 for minnesota 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 low student loan default rate of 2.1% 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 St Thomas Minnesota Mechanical Engineering Report

#6

Dunwoody College of Technology

Minneapolis, Minnesota

Dunwoody College of Technology did quite well in the 2022 Best Vallue ME Schools in Minnesota For Those Making Over $110k ranking, coming in at #6. Located in Minneapolis, Minnesota, this small private not-for-profit school awarded 13 diplomas to qualified ’s ME students in 2019-2020.

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

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.

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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