2022 Best Value Bachelor’s Degree Colleges for Engineering (Income $48-$75k)
When it comes to choosing a college, students have a lot of options - but not all of them are good. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k” ranking is one tool we have developed to help in this regard.
In 2019-2020, 200,458 engineering students received their degree, making the major the 6th most popular in the country. 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.
This year’s “Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k” ranking analyzed 398 colleges that offered 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.
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 engineering program at the school. Check out our ranking methodology for more information.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.
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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k
The colleges and universities below are the best for bachelor’s degree engineering students whose families make $48-$75k.
Top 25 Best Value Bachelor’s Degree Colleges for Engineering (Income $48-$75k)
Out of the 398 schools in the Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k that were part of this year’s ranking, Massachusetts Institute of Technology landed the #1 spot on the list. MIT is located in Cambridge, Massachusetts and, has a fairly large student population. In 2019-2020, this school awarded 383 bachelors’s engineering degrees to qualified students.
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 MIT is $6,049 for Bachelor’s Degree Engineering students whose families make $48-$75k.
Since the school has a student-to-faculty ratio of 3 to 1, those pursuing a degree will have more opportunities to interact with their professors. 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 98%.
You’ll be in good company if you decide to attend Princeton University. It ranked #2 on our 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k list. Princeton University is a private not-for-profit institution located in Princeton, New Jersey. The school has a medium-sized population, and it awarded 185 bachelors’s degrees in 2019-2020.
In addition to being on our bachelor’s degree engineering students whose families make $48-$75k list, Princeton has also earned the #5 rank in our “Best Engineering Bachelor’s Degree Schools” ranking. It costs about $7,576 for bachelor’s degree engineering students whose families make $48-$75k per year to attend Princeton University.
The school has an impressive student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%. Since the school has a student-to-faculty ratio of 4 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Out of the 398 schools in the Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k that were part of this year’s ranking, Harvard University landed the #3 spot on the list. This large school is located in Cambridge, Massachusetts, and it awarded 93 bachelors’s engineering degrees in 2019-2020.
Harvard also made our “Best Engineering Bachelor’s Degree Schools” list, coming in at #20. The yearly cost to attend Harvard University is $3,411 for bachelor’s degree engineering students whose families make $48-$75k.
With a student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. 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%.
Out of the 398 schools in the Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k that were part of this year’s ranking, Duke University landed the #4 spot on the list. Duke University is a fairly large private not-for-profit school situated in Durham, North Carolina. It awarded 303 bachelors’s engineering degrees in 2019-2020.
In addition to being on our bachelor’s degree engineering students whose families make $48-$75k list, Duke has also earned the #6 rank in our “Best Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Duke University is $4,150 for bachelor’s degree engineering students whose families make $48-$75k.
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%. 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. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
You’ll be in good company if you decide to attend Northwestern University. It ranked #5 on our 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k list. This large school is located in Evanston, Illinois, and it awarded 362 bachelors’s engineering degrees in 2019-2020.
Northwestern also made our “Best Engineering Bachelor’s Degree Schools” list, coming in at #9. It costs about $6,452 for Bachelor’s Degree Engineering students whose families make $48-$75k per year to attend Northwestern University.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%.
With a ranking of #6, Stanford University did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k list. Stanford is a private not-for-profit institution located in Stanford, California. The school has a fairly large population, and it awarded 286 bachelors’s degrees in 2019-2020.
In addition to being on our bachelor’s degree engineering students whose families make $48-$75k list, Stanford has also earned the #7 rank in our “Best Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Stanford University is $1,959 for Bachelor’s Degree Engineering students whose families make $48-$75k.
Since the school has a student-to-faculty ratio of 4 to 1, those pursuing a degree will have more opportunities to interact with their professors. 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%.
Dartmouth College ranked #7 on this year’s Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k list. Hanover, New Hampshire is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s engineering degrees to 113 students in 2019-2020.
In addition to being on our bachelor’s degree engineering students whose families make $48-$75k list, Dartmouth has also earned the #2 rank in our “Best Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Dartmouth College is $9,044 for bachelor’s degree engineering students whose families make $48-$75k.
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. With a freshman retention rate of 96%, the school does an excellent job of retaining its students. 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%.
Rice University ranked #8 on this year’s Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k list. Rice is a private not-for-profit institution located in Houston, Texas. The school has a medium-sized population, and it awarded 167 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Rice, the school also landed the #19 spot in our “Best Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Rice University is $7,318 for Bachelor’s Degree Engineering students whose families make $48-$75k.
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. 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.
Washington University in St Louis did quite well in the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #9. Washington University in St Louis is a private not-for-profit institution located in Saint Louis, Missouri. The school has a fairly large population, and it awarded 333 bachelors’s degrees in 2019-2020.
WUSTL also took the #10 spot in our “Best Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend WUSTL is $11,832 for Bachelor’s Degree Engineering students whose families make $48-$75k.
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%. 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. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
Read more about Engineering at Washington University in St Louis
Brown University landed the #10 spot on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking. Located in Providence, Rhode Island, this medium-sized private not-for-profit school awarded 80 degrees to qualified bachelors’s engineering students in 2019-2020.
In addition to being on our bachelor’s degree engineering students whose families make $48-$75k list, Brown has also earned the #8 rank in our “Best Engineering Bachelor’s Degree Schools” ranking. It costs about $11,689 for bachelor’s degree engineering students whose families make $48-$75k per year to attend Brown.
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%. 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.
Olin College ranked #11 on this year’s Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k list. Olin College is a small school located in Needham, Massachusetts that handed out 90 bachelors’s engineering degrees 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. The yearly cost to attend Olin College is $5,574 for bachelor’s degree engineering students whose families make $48-$75k.
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.
Vanderbilt University landed the #12 spot on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking. Vanderbilt is a fairly large school located in Nashville, Tennessee that handed out 260 bachelors’s engineering degrees in 2019-2020.
In addition to being on this list, Vanderbilt is in the top 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 yearly cost to attend Vanderbilt University is $8,086 for bachelor’s degree engineering students whose families make $48-$75k.
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 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 96%, the school does an excellent job of retaining its students.
With a ranking of #13, Cornell University did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k list. Cornell University is located in Ithaca, New York and, has a large student population. In 2019-2020, this school awarded 605 bachelors’s engineering degrees to qualified students.
Cornell not only placed well in this ranking. It is also #14 on our “Best Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Cornell is $11,869 for Bachelor’s Degree Engineering students whose families make $48-$75k.
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%. Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors. Students who start out at the school are likely to stick around. The freshman retention rate is 96%.
Johns Hopkins University landed the #14 spot on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking. Johns Hopkins University is a private not-for-profit institution located in Baltimore, Maryland. The school has a large population, and it awarded 295 bachelors’s 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. The yearly cost to attend Johns Hopkins is $9,049 for bachelor’s degree engineering students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 1.3%, 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 97%. 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.
Columbia University in the City of New York landed the #15 spot on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking. Columbia University in the City of New York is a large private not-for-profit school situated in New York, New York. It awarded 363 bachelors’s engineering degrees in 2019-2020.
In addition to being on this list, Columbia is in the top 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 Columbia University in the City of New York is $5,887 for Bachelor’s Degree Engineering students whose families make $48-$75k.
The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. 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 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%.
California Institute of Technology did quite well in the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #16. Located in Pasadena, California, this small private not-for-profit school handed out 53 degrees to qualified bachelors’s engineering students in 2019-2020.
Caltech also took the #22 spot in our “Best Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for California Institute of Technology is $8,042 for bachelor’s degree engineering students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The impressive student-to-faculty ratio of 3 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%.
University of Pennsylvania ranked #17 on this year’s Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k list. This large school is located in Philadelphia, Pennsylvania, and it awarded 252 bachelors’s engineering degrees in 2019-2020.
UPenn also made our “Best Engineering Bachelor’s Degree Schools” list, coming in at #11. It costs about $12,752 for bachelor’s degree engineering students whose families make $48-$75k per year to attend UPenn.
With a student-to-faculty ratio of 6 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 95%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 1.4%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Engineering at University of Pennsylvania
University of Michigan - Ann Arbor landed the #18 spot on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking. Located in Ann Arbor, Michigan, this large public school handed out 1,196 diplomas to qualified bachelors’s engineering students in 2019-2020.
In addition to being on our bachelor’s degree engineering students whose families make $48-$75k list, U-M has also earned the #18 rank in our “Best Engineering Bachelor’s Degree Schools” ranking. It costs about $10,028 for bachelor’s degree engineering students whose families make $48-$75k per year to attend U-M.
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 1.2%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #19, Purdue University - Main Campus did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k list. Purdue is a large public school situated in West Lafayette, Indiana. It awarded 2,012 bachelors’s engineering degrees in 2019-2020.
Purdue also claimed a top spot on our “Best Engineering Bachelor’s Degree Schools” list. It’s ranked in the top 15% of all schools on our “Best Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Purdue is $9,654 for bachelor’s degree engineering students whose families make $48-$75k.
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 school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%.
Read more about Engineering at Purdue University - Main Campus
Massachusetts Maritime Academy ranked #20 on this year’s Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k list. This small school is located in Buzzards Bay, Massachusetts, and it awarded 174 bachelors’s engineering degrees in 2019-2020.
Maritime also made our “Best Engineering Bachelor’s Degree Schools” list, coming in at #12. The estimated yearly cost for Massachusetts Maritime Academy is $10,367 for Bachelor’s Degree Engineering students whose families make $48-$75k.
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 2.7% 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%.
With a ranking of #21, University of Florida did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k list. University of Florida is a large public school situated in Gainesville, Florida. It awarded 1,308 bachelors’s engineering degrees in 2019-2020.
UF also claimed a top spot on our “Best Engineering Bachelor’s Degree Schools” list. It’s in the top 15% of all schools reviewed in that analysis. The yearly cost to attend University of Florida is $8,528 for bachelor’s degree engineering students whose families make $48-$75k.
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 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 ranking of #22, Harvey Mudd College did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k list. Harvey Mudd College is a private not-for-profit institution located in Claremont, California. The school has a small population, and it awarded 68 bachelors’s degrees in 2019-2020.
Harvey Mudd College did well in our major quality rankings, too. It placed #1 on our “Best Engineering Bachelor’s Degree Schools” list. It costs about $14,210 for Bachelor’s Degree Engineering students whose families make $48-$75k per year to attend Harvey Mudd College.
The impressive student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. With a freshman retention rate of 92%, the school does an excellent job of retaining its students.
University of Washington - Seattle Campus landed the #23 spot on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking. Seattle, Washington is the setting for this large institution of higher learning. The public school handed out bachelors’s engineering degrees to 931 students in 2019-2020.
On top of its placing in this ranking, UW Seattle also did well on our “Best Engineering Bachelor’s Degree Schools” list. It’s ranked in the top 15% of all schools on our “Best Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for UW Seattle is $9,694 for bachelor’s degree engineering students whose families make $48-$75k.
With a freshman retention rate of 93%, the school does an excellent job of retaining its students. 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%.
University of Wisconsin - Madison landed the #24 spot on the 2022 Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking. Located in Madison, Wisconsin, this large public school awarded 1,013 diplomas to qualified bachelors’s engineering students in 2019-2020.
UW - Madison also claimed a top spot on our “Best Engineering Bachelor’s Degree Schools” list. It’s ranked in the top 15% of all schools on our “Best Engineering Bachelor’s Degree Schools” list. The yearly cost to attend UW - Madison is $13,227 for bachelor’s degree engineering students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 95%. 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%.
Read full report on Engineering at University of Wisconsin - Madison
University of California - Berkeley came in at #25 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k ranking. Located in Berkeley, California, this large public school awarded 1,011 degrees to qualified bachelors’s engineering students in 2019-2020.
UC Berkeley also took the #16 spot in our “Best Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for UC Berkeley is $13,081 for bachelor’s degree engineering students whose families make $48-$75k.
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 1.7%, which is quite low when compared to the national default rate of 10.1%.
Rest of the Best 50 in Best Value Engineering Schools for a Bachelor’s For Those Making $48-$75k
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 $48-$75k
While not in the ‘top 50’, these schools make the top 15% of this year’s ranking:
| Rank | College | Location |
|---|---|---|
| 51 | University of California - Irvine | Irvine, CA |
| 52 | North Carolina State University | Raleigh, NC |
| 53 | Brigham Young University - Provo | Provo, UT |
| 54 | Florida State University | Tallahassee, FL |
| 55 | The University of West Florida | Pensacola, FL |
| 56 | Iowa State University | Ames, IA |
| 57 | California Polytechnic State University - San Luis Obispo | San Luis Obispo, CA |
| 58 | University of California - San Diego | La Jolla, CA |
| 59 | University of California - Riverside | Riverside, CA |
| 60 | The University of Texas of the Permian Basin | Odessa, TX |
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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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