2022 Best Value Bachelor’s Degree Colleges for Engineering (Income $0-$30k)
Students have lots of options to chooose from today when trying to decide which college to attend. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k” ranking is part of that endeavor.
With 200,458 degrees handed out in 2019-2020, engineering is the 6th most popular major in the United States. In 2017-2018, engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,888 and had an average of $23,564 in loans still to pay off.
At the bachelor’s degree level specifically, there were 130,534 engineering graduates with average earnings and debt of $38,303 and $24,501 respectively.
For this year’s “Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k” ranking, we looked at 399 colleges that offer a degree in engineering. The schools that top this list are recognized because they have great 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 engineering program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.
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The engineering school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k”.
You can create your own custom comparison that focuses on the factors most important to you using our 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.
Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k
The following schools top our list of the Best Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k.
Top 25 Best Value Bachelor’s Degree Colleges for Engineering (Income $0-$30k)
Out of the 399 schools in the Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k that were part of this year’s ranking, Olin College landed the #1 spot on the list. Located in Needham, Massachusetts, this small private not-for-profit school awarded 90 diplomas to qualified bachelors’s engineering students in 2019-2020.
As a testament to the quality of education offered at Olin College, the school also landed the #3 spot in our “Best Engineering Bachelor’s Degree Schools” ranking. It costs about $845 for bachelor’s degree engineering students whose families make $0-$30k per year to attend Olin College.
Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors.
You’ll be in good company if you decide to attend Duke University. It ranked #2 on our 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k list. Duke is a fairly large school located in Durham, North Carolina that handed out 303 bachelors’s engineering degrees in 2019-2020.
Duke did well in our major quality rankings, too. It placed #6 on our “Best Engineering Bachelor’s Degree Schools” list. It costs about $-7,808 for bachelor’s degree engineering students whose families make $0-$30k per year to attend Duke University. A negative average net price may seem strange, but it generally means that financial aid will more than cover the cost to attend the school.
Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. 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 low student loan default rate of 0.9% 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%.
Out of the 399 schools in the Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k that were part of this year’s ranking, Northwestern University landed the #3 spot on the list. Northwestern is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 362 bachelors’s engineering degrees to qualified students.
As a testament to the quality of education offered at Northwestern, the school also landed the #9 spot in our “Best Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Northwestern is $1,866 for bachelor’s degree engineering students whose families make $0-$30k.
The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The low student loan default rate of 0.8% 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%.
You’ll join some of the best and brightest minds around if you attend Stanford University. The school came in at #4 for the Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k. Stanford University is a fairly large private not-for-profit school situated in Stanford, California. It awarded 286 bachelors’s engineering degrees in 2019-2020.
As a testament to the quality of education offered at Stanford, the school also landed the #7 spot in our “Best Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Stanford University is $-1,387 for Bachelor’s Degree Engineering students whose families make $0-$30k. The negative number means the student will receive more financial aid on average than it costs to attend the school.
The student loan default rate at the school is 0.5%, 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 86%. The student-to-faculty ratio of 4 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
You’ll be in good company if you decide to attend University of Pennsylvania. It ranked #5 on our 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k list. This large school is located in Philadelphia, Pennsylvania, and it awarded 252 bachelors’s engineering degrees in 2019-2020.
UPenn also took the #11 spot in our “Best Engineering Bachelor’s Degree Schools” ranking. It costs about $3,181 for Bachelor’s Degree Engineering students whose families make $0-$30k per year to attend UPenn.
The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. The impressive student-to-faculty ratio of 6 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 1.4%, which is much lower than the national rate of 10.1%.
Princeton University came in at #6 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking. Princeton is a medium-sized private not-for-profit school situated in Princeton, New Jersey. It awarded 185 bachelors’s engineering degrees in 2019-2020.
In addition to being on our bachelor’s degree engineering students whose families make $0-$30k list, Princeton has also earned the #5 rank in our “Best Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Princeton University is $1,386 for bachelor’s degree engineering students whose families make $0-$30k.
The student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%. With a student-to-faculty ratio of 4 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Brown University ranked #7 on this year’s Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k list. This medium-sized school is located in Providence, Rhode Island, and it awarded 80 bachelors’s engineering degrees in 2019-2020.
Brown not only placed well in this ranking. It is also #8 on our “Best Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Brown University is $201 for bachelor’s degree engineering students whose families make $0-$30k.
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 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%. The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
California Institute of Technology landed the #8 spot on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking. Caltech is a private not-for-profit institution located in Pasadena, California. The school has a small population, and it awarded 53 bachelors’s degrees in 2019-2020.
Caltech not only placed well in this ranking. It is also #22 on our “Best Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for California Institute of Technology is $5,456 for Bachelor’s Degree Engineering students whose families make $0-$30k.
The student-to-faculty ratio of 3 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.
Washington University in St Louis landed the #9 spot on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking. WUSTL is a fairly large school located in Saint Louis, Missouri that handed out 333 bachelors’s engineering degrees in 2019-2020.
In addition to being on our bachelor’s degree engineering students whose families make $0-$30k list, WUSTL has also earned the #10 rank in our “Best Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for WUSTL is $5,273 for bachelor’s degree engineering students whose families make $0-$30k.
The low student loan default rate of 1.4% 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%. Since the school has a student-to-faculty ratio of 7 to 1, those pursuing a degree will have more opportunities to interact with their professors. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.
Dartmouth College ranked #10 on this year’s Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k list. Located in Hanover, New Hampshire, this medium-sized private not-for-profit school handed out 113 diplomas to qualified bachelors’s engineering students in 2019-2020.
In addition to being on our bachelor’s degree engineering students whose families make $0-$30k list, Dartmouth has also earned the #2 rank in our “Best Engineering Bachelor’s Degree Schools” ranking. It costs about $12,052 for bachelor’s degree engineering students whose families make $0-$30k per year to attend Dartmouth.
With a freshman retention rate of 96%, the school does an excellent job of retaining its students. The impressive student-to-faculty ratio of 7 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 1.0%, which is much lower than the national rate of 10.1%.
With a ranking of #11, Massachusetts Institute of Technology did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k list. MIT is a fairly large school located in Cambridge, Massachusetts that handed out 383 bachelors’s engineering degrees in 2019-2020.
As a testament to the quality of education offered at MIT, the school also landed the #4 spot in our “Best Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Massachusetts Institute of Technology is $4,535 for Bachelor’s Degree Engineering students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 1.1%, which is much lower than the national rate of 10.1%. With a student-to-faculty ratio of 3 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an excellent freshman retention rate of 98%, which means students like the school well enough to return for a second year.
Full Massachusetts Institute of Technology Engineering Report
University of Florida landed the #12 spot on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking. University of Florida is a public institution located in Gainesville, Florida. The school has a large population, and it awarded 1,308 bachelors’s degrees in 2019-2020.
On top of its placing in this ranking, UF also did well on our “Best Engineering Bachelor’s Degree Schools” list. It’s in the top 15% of all schools in this category. The estimated yearly cost for UF is $1,994 for Bachelor’s Degree Engineering students whose families make $0-$30k.
The low student loan default rate of 2.0% 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%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
With a ranking of #13, Harvard University did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k list. Located in Cambridge, Massachusetts, this large private not-for-profit school awarded 93 degrees to qualified bachelors’s engineering students in 2019-2020.
Harvard also took the #20 spot in our “Best Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Harvard is $2,973 for bachelor’s degree engineering students whose families make $0-$30k.
Since the school has a student-to-faculty ratio of 5 to 1, those pursuing a degree will have more opportunities to interact with their professors. The student loan default rate at the school is 1.1%, which is quite low when compared to the national default rate of 10.1%.
Johns Hopkins University came in at #14 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking. Johns Hopkins is a large school located in Baltimore, Maryland that handed out 295 bachelors’s engineering degrees in 2019-2020.
Johns Hopkins not only placed well in this ranking. It is also #24 on our “Best Engineering Bachelor’s Degree Schools” list. It costs about $3,526 for bachelor’s degree engineering students whose families make $0-$30k per year to attend Johns Hopkins University.
Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The student loan default rate at the school is 1.3%, 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 97%.
University of Michigan - Ann Arbor came in at #15 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking. U-M is located in Ann Arbor, Michigan and, has a large student population. In 2019-2020, this school awarded 1,196 bachelors’s engineering degrees to qualified students.
As a testament to the quality of education offered at U-M, the school also landed the #18 spot in our “Best Engineering Bachelor’s Degree Schools” ranking. It costs about $3,166 for bachelor’s degree engineering students whose families make $0-$30k per year to attend U-M.
Students who start out at the school are likely to stick around. The freshman retention rate is 96%. The student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 10.1%.
Vanderbilt University did quite well in the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking, coming in at #16. Vanderbilt is a private not-for-profit institution located in Nashville, Tennessee. The school has a fairly large population, and it awarded 260 bachelors’s degrees in 2019-2020.
On top of its placing in this ranking, Vanderbilt also did well on our “Best Engineering Bachelor’s Degree Schools” list. It’s in the top 10% of all schools in this category. The yearly cost to attend Vanderbilt is $3,156 for Bachelor’s Degree Engineering students whose families make $0-$30k.
The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #17, Cornell University did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k list. Cornell University is a private not-for-profit institution located in Ithaca, New York. The school has a large population, and it awarded 605 bachelors’s degrees in 2019-2020.
Cornell not only placed well in this ranking. It is also #14 on our “Best Engineering Bachelor’s Degree Schools” list. It costs about $7,484 for bachelor’s degree engineering students whose families make $0-$30k per year to attend Cornell University.
The 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. Students who start out at the school are likely to stick around. The freshman retention rate is 96%. The low student loan default rate of 1.1% 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%.
Rice University did quite well in the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking, coming in at #18. This medium-sized school is located in Houston, Texas, and it awarded 167 bachelors’s engineering degrees in 2019-2020.
Rice also took the #19 spot in our “Best Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Rice is $3,437 for Bachelor’s Degree Engineering students whose families make $0-$30k.
Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The low 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%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
Massachusetts Maritime Academy did quite well in the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking, coming in at #19. Massachusetts Maritime Academy is a small school located in Buzzards Bay, Massachusetts that handed out 174 bachelors’s engineering degrees in 2019-2020.
Maritime not only placed well in this ranking. It is also #12 on our “Best Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Massachusetts Maritime Academy is $6,235 for bachelor’s degree engineering students whose families make $0-$30k.
With a freshman retention rate of 87%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.7%, which is much lower than the national rate of 10.1%.
University of North Carolina at Chapel Hill came in at #20 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking. Chapel Hill, North Carolina is the setting for this large institution of higher learning. The public school handed out bachelors’s engineering degrees to 63 students in 2019-2020.
On top of its placing in this ranking, UNC Chapel Hill also did well on our “Best Engineering Bachelor’s Degree Schools” list. It’s in the top 15% of all schools in this category. The estimated yearly cost for University of North Carolina at Chapel Hill is $4,026 for bachelor’s degree engineering students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 1.9%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 95%, the school does an excellent job of retaining its students.
Read more about Engineering at University of North Carolina at Chapel Hill
With a ranking of #21, University of Wisconsin - Madison did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k list. UW - Madison is a public institution located in Madison, Wisconsin. The school has a large population, and it awarded 1,013 bachelors’s degrees in 2019-2020.
As a testament to the quality of education it offers, UW - Madison is also in the top of our “Best Engineering Bachelor’s Degree Schools” ranking. It’s in the top 15% of all schools in this category. The estimated yearly cost for University of Wisconsin - Madison is $4,367 for bachelor’s degree engineering students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 95%. The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%.
Swarthmore College came in at #22 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking. This small school is located in Swarthmore, Pennsylvania, and it awarded 24 bachelors’s engineering degrees in 2019-2020.
Swarthmore also claimed a top spot on our “Best Engineering Bachelor’s Degree Schools” list. It’s ranked in the top 10% of all schools on our “Best Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Swarthmore is $5,860 for Bachelor’s Degree Engineering students whose families make $0-$30k.
The student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. With a student-to-faculty ratio of 7 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
University of Illinois at Urbana-Champaign landed the #23 spot on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking. This large school is located in Champaign, Illinois, and it awarded 1,667 bachelors’s engineering degrees in 2019-2020.
UIUC excels when it comes to engineering quality. It’s in the top 10% of all schools reviewed in that analysis. The estimated yearly cost for University of Illinois at Urbana-Champaign is $5,477 for Bachelor’s Degree Engineering students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 2.4%, 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 94%.
Purdue University - Main Campus did quite well in the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k ranking, coming in at #24. Purdue University - Main Campus is a public institution located in West Lafayette, Indiana. The school has a large population, and it awarded 2,012 bachelors’s degrees in 2019-2020.
Purdue excels when it comes to engineering quality. It’s ranked in the top 15% of all schools on our “Best Engineering Bachelor’s Degree Schools” list. The yearly cost to attend Purdue is $5,483 for Bachelor’s Degree Engineering students whose families make $0-$30k.
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%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.
Read more about Engineering at Purdue University - Main Campus
With a ranking of #25, University of California - Berkeley did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k list. Berkeley, California is the setting for this large institution of higher learning. The public school handed out bachelors’s engineering degrees to 1,011 students in 2019-2020.
In addition to being on our bachelor’s degree engineering students whose families make $0-$30k list, UC Berkeley has also earned the #16 rank in our “Best Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for University of California - Berkeley is $8,392 for Bachelor’s Degree Engineering students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 96%. The low student loan default rate of 1.7% 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%.
Read full report on Engineering at University of California - Berkeley
Rest of the Best 50 in Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k
Not only did these schools make the top 50 list, but they also landed in the top 15% of this year’s ranking:
Rest of the Top 15% Colleges in Best Value Engineering Schools for a Bachelor’s For Those Making $0-$30k
While not in the ‘top 50’, these schools make the top 15% of this year’s ranking:
| Rank | College | Location |
|---|---|---|
| 51 | Northeastern University | Boston, MA |
| 52 | Missouri University of Science and Technology | Rolla, MO |
| 53 | California State University - Fullerton | Fullerton, CA |
| 54 | San Diego State University | San Diego, CA |
| 55 | Texas A&M University - College Station | College Station, TX |
| 56 | University of Georgia | Athens, GA |
| 57 | Smith College | Northampton, MA |
| 58 | Iowa State University | Ames, IA |
| 59 | University of California - Davis | Davis, CA |
| 60 | California Polytechnic State University - San Luis Obispo | San Luis Obispo, CA |
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Best Value Bachelor's Degree Colleges for Engineering (Income $30-$48k)
Engineering students with family income $30-$48k
Best Value Bachelor's Degree Colleges for Engineering (Income $75-$110k)
Engineering students with family income $75-$110k
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 Petty Officer 3rd Class Declan Barnes.
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Southern New Hampshire University
You have goals. Southern New Hampshire University can help you get there. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Find your degree from over 200 online programs ... Learn More > |
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