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2023 Best Value Colleges for Engineering (Income $48-$75k) in Indiana

10 Ranked Colleges
5,415 Degrees Awarded
Best Value Engineering Schools in Indiana 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. 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 in Indiana For Those Making $48-$75k” ranking is part of that endeavor.

Engineering is one of the most popular majors in the nation, ranking 7th of all the majors we analyze. In 2020-2021, 198,468 degrees were awarded to students with this major. In 2019-2020, engineering graduates who were awarded their degree in 2017-2019, earned an average of $68,653 and had an average of $23,855 in loans still to pay off.

Across Indiana, there were 5,415 engineering graduates with average earnings and debt of $70,573 and $24,047 respectively.

This year’s “Best Value Engineering Schools in Indiana For Those Making $48-$75k” ranking analyzed 10 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 the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Engineering Schools in Indiana For Those Making $48-$75k” list, to help you choose the best school for you.

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. 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 in Indiana For Those Making $48-$75k

The colleges and universities below are the best for indiana engineering students whose families make $48-$75k.

Top 10 Best Value Colleges for Engineering (Income $48-$75k) in Indiana

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

Out of the 10 schools in the Best Value Engineering Schools in Indiana For Those Making $48-$75k that were part of this year’s ranking, Purdue University - Main Campus landed the #1 spot on the list. Purdue is a public institution located in West Lafayette, Indiana. The school has a large population, and it awarded 3,177 ’s degrees in 2020-2021.

Purdue did well in our major quality rankings, too. It placed #2 on our “Best Engineering Schools in Indiana” list. The estimated yearly cost for Purdue is $8,450 for Indiana Engineering students whose families make $48-$75k.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.

Read more about Engineering at Purdue University - Main Campus

2
Notre Dame crest
University of Notre Dame
Notre Dame, Indiana

Out of the 10 schools in the Best Value Engineering Schools in Indiana For Those Making $48-$75k that were part of this year’s ranking, University of Notre Dame landed the #2 spot on the list. Notre Dame, Indiana is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s engineering degrees to 492 students in 2020-2021.

As a testament to the quality of education offered at Notre Dame, the school also landed the #1 spot in our “Best Engineering Schools in Indiana” ranking. It costs about $14,020 for indiana engineering students whose families make $48-$75k per year to attend University of Notre Dame.

The low undergrad student loan default rate of 0.7% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%. With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read full report on Engineering at University of Notre Dame

3

You’ll be in good company if you decide to attend Indiana University - Purdue University - Indianapolis. It ranked #3 on our 2023 Best Value Engineering Schools in Indiana For Those Making $48-$75k list. Indianapolis, Indiana is the setting for this large institution of higher learning. The public school handed out ’s engineering degrees to 454 students in 2020-2021.

As a testament to the quality of education offered at IUPUI, the school also landed the #4 spot in our “Best Engineering Schools in Indiana” ranking. The estimated yearly cost for IUPUI is $13,306 for Indiana Engineering students whose families make $48-$75k.

The school has an impressive undergrad student loan default rate. It’s only 4.2%, which is much lower than the national rate of 10.1%.

Read more about Engineering at Indiana University - Purdue University - Indianapolis

4

You’ll join some of the best and brightest minds around if you attend Purdue University Northwest. The school came in at #4 for the Best Value Engineering Schools in Indiana For Those Making $48-$75k. Hammond, Indiana is the setting for this medium-sized institution of higher learning. The public school handed out ’s engineering degrees to 169 students in 2020-2021.

As a testament to the quality of education offered at Purdue Northwest, the school also landed the #8 spot in our “Best Engineering Schools in Indiana” ranking. It costs about $12,829 for Indiana Engineering students whose families make $48-$75k per year to attend Purdue Northwest.

Full Purdue Northwest Engineering Report

5
PFW crest
Purdue University Fort Wayne
Fort Wayne, Indiana

You’ll be in good company if you decide to attend Purdue University Fort Wayne. It ranked #5 on our 2023 Best Value Engineering Schools in Indiana For Those Making $48-$75k list. Purdue University Fort Wayne is located in Fort Wayne, Indiana and, has a medium-sized student population. In 2020-2021, this school awarded 72 ’s engineering degrees to qualified students.

PFW not only placed well in this ranking. It is also #9 on our “Best Engineering Schools in Indiana” list. The yearly cost to attend Purdue University Fort Wayne is $13,015 for indiana engineering students whose families make $48-$75k.

Read more about Engineering at PFW

6
Valpo crest
Valparaiso University
Valparaiso, Indiana

Valparaiso University did quite well in the 2023 Best Value Engineering Schools in Indiana For Those Making $48-$75k ranking, coming in at #6. This small school is located in Valparaiso, Indiana, and it awarded 122 ’s engineering degrees in 2020-2021.

Valpo also took the #5 spot in our “Best Engineering Schools in Indiana” ranking. The estimated yearly cost for Valpo is $21,256 for indiana engineering students whose families make $48-$75k.

The school has an impressive undergrad student loan default rate. It’s only 3.0%, which is much lower than the national rate of 10.1%.

Read more about Engineering at Valpo

7

University of Southern Indiana landed the #7 spot on the 2023 Best Value Engineering Schools in Indiana For Those Making $48-$75k ranking. This medium-sized school is located in Evansville, Indiana, and it awarded 92 ’s engineering degrees in 2020-2021.

USI also took the #10 spot in our “Best Engineering Schools in Indiana” ranking. The estimated yearly cost for USI is $14,486 for Indiana Engineering students whose families make $48-$75k.

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%.

Full University of Southern Indiana Engineering Report

8
UE crest
University of Evansville
Evansville, Indiana

University of Evansville landed the #8 spot on the 2023 Best Value Engineering Schools in Indiana For Those Making $48-$75k ranking. Located in Evansville, Indiana, this small private not-for-profit school handed out 43 diplomas to qualified ’s engineering students in 2020-2021.

As a testament to the quality of education offered at UE, the school also landed the #6 spot in our “Best Engineering Schools in Indiana” ranking. The yearly cost to attend University of Evansville is $20,890 for indiana engineering students whose families make $48-$75k.

The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. 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%. With a undergrad student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read full report on Engineering at UE

9
Trine crest
Trine University
Angola, Indiana

Trine University came in at #9 in this year’s edition of the Best Value Engineering Schools in Indiana For Those Making $48-$75k ranking. Located in Angola, Indiana, this small private not-for-profit school handed out 127 diplomas to qualified ’s engineering students in 2020-2021.

In addition to being on our indiana engineering students whose families make $48-$75k list, Trine has also earned the #7 rank in our “Best Engineering Schools in Indiana” ranking. The estimated yearly cost for Trine is $21,540 for Indiana Engineering students whose families make $48-$75k.

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 Engineering at Trine

10

With a ranking of #10, Rose - Hulman Institute of Technology did quite well on the 2023 Best Value Engineering Schools in Indiana For Those Making $48-$75k list. Terre Haute, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s engineering degrees to 372 students in 2020-2021.

Rose - Hulman Institute of Technology also made our “Best Engineering Schools in Indiana” list, coming in at #3. The estimated yearly cost for Rose - Hulman Institute of Technology is $34,201 for indiana engineering students whose families make $48-$75k.

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. The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Engineering at Rose - Hulman Institute of Technology

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