2022 Best Value Engineering Schools for a Bachelor’s in Maine For Those Making $48-$75k

With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Engineering Schools for a Bachelor’s in Maine For Those Making $48-$75k” ranking - to help you make that decision.

Engineering is one of the most popular majors in the nation, ranking 6th of all the majors we analyze. In 2019-2020, 200,458 degrees were awarded to students with this major. 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.

Across Maine, there were 431 engineering graduates with average earnings and debt of $67,180 and $26,342 respectively. At the bachelor’s degree level specifically, there were 354 engineering graduates with average earnings and debt of $40,256 and $26,111 respectively.

This year’s “Best Value Engineering Schools for a Bachelor’s in Maine For Those Making $48-$75k” ranking analyzed 3 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.

When determining these rankings, we looked at things such as overall quality of the engineering program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

One Size Does Not Fit All

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 in Maine For Those Making $48-$75k”.

We’ve created a tool called College Combat that lets you create your own customized comparisons 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 in Maine For Those Making $48-$75k

The colleges and universities below are the best for maine bachelor’s degree engineering students whose families make $48-$75k.

Top 3 Best Value Bachelor’s Degree Colleges for Engineering (Income $48-$75k) in Maine

#1

Maine Maritime Academy

Castine, Maine

#1 in overall quality

$23,469 Average Net Price

You’ll join some of the best and brightest minds around if you attend Maine Maritime Academy. The school came in at #1 for the Best Value Engineering Schools for a Bachelor’s in Maine For Those Making $48-$75k. Maine Maritime Academy is located in Castine, Maine and, has a small student population. In 2019-2020, this school awarded 79 bachelors’s engineering degrees to qualified students.

As a testament to the quality of education offered at Maine Maritime, the school also landed the #1 spot in our “Best Engineering Bachelor’s Degree Schools in Maine” ranking. The yearly cost to attend Maine Maritime Academy is $23,469 for Maine Bachelor’s Degree Engineering students whose families make $48-$75k.

The school has an impressive student loan default rate. It’s only 2.1%, which is much lower than the national 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.

Full Maine Maritime Academy Engineering Report

#2

University of Maine

Orono, Maine

#2 in overall quality

$17,218 Average Net Price

You’ll be in good company if you decide to attend University of Maine. It ranked #2 on our 2022 Best Value Engineering Schools for a Bachelor’s in Maine For Those Making $48-$75k list. This fairly large school is located in Orono, Maine, and it awarded 242 bachelors’s engineering degrees in 2019-2020.

UMaine also took the #2 spot in our “Best Engineering Bachelor’s Degree Schools in Maine” ranking. It costs about $17,218 for Maine Bachelor’s Degree Engineering students whose families make $48-$75k per year to attend UMaine.

The low 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 full report on Engineering at UMaine

#3

University of Southern Maine

Portland, Maine

#3 in overall quality

$12,684 Average Net Price

You’ll be in good company if you decide to attend University of Southern Maine. It ranked #3 on our 2022 Best Value Engineering Schools for a Bachelor’s in Maine For Those Making $48-$75k list. This medium-sized school is located in Portland, Maine, and it awarded 31 bachelors’s engineering degrees in 2019-2020.

University of Southern Maine not only placed well in this ranking. It is also #3 on our “Best Engineering Bachelor’s Degree Schools in Maine” list. The estimated yearly cost for University of Southern Maine is $12,684 for Maine Bachelor’s Degree Engineering students whose families make $48-$75k.

Read more about Engineering at University of Southern Maine

• Best Value Bachelor’s Degree Colleges for Engineering (Income $48-$75k) in the New England Region
• Best Value Bachelor’s Degree Colleges for Engineering (Income $48-$75k)

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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