2022 Best Value Engineering Schools for a Master’s 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 for a Master’s For Those Making $48-$75k” ranking is part of that endeavor.
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 master’s degree level specifically, there were 48,197 engineering graduates with average earnings and debt of $56,398 and $43,194 respectively.
This year’s “Best Value Engineering Schools for a Master’s For Those Making $48-$75k” ranking analyzed 298 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.
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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 Value Engineering Schools for a Master’s For Those Making $48-$75k” list to help you make the college 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. 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 Master’s For Those Making $48-$75k
The colleges and universities below are the best for master’s degree engineering students whose families make $48-$75k.
Top 25 Best Value Master’s Degree Colleges for Engineering (Income $48-$75k)
You’ll join some of the best and brightest minds around if you attend Massachusetts Institute of Technology. The school came in at #1 for the Best Value Engineering Schools for a Master’s For Those Making $48-$75k. MIT is a fairly large school located in Cambridge, Massachusetts that handed out 525 masters’s engineering degrees in 2019-2020.
MIT also took the #1 spot in our “Best Engineering Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at MIT are $56,719.
Read full report on Engineering at Massachusetts Institute of Technology
You’ll join some of the best and brightest minds around if you attend Stanford University. The school came in at #2 for the Best Value Engineering Schools for a Master’s For Those Making $48-$75k. Stanford is a private not-for-profit institution located in Stanford, California. The school has a fairly large population, and it awarded 654 masters’s degrees in 2019-2020.
Stanford not only placed well in this ranking. It is also #2 on our “Best Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Stanford University are $55,011, but you may pay more or less depending on your major.
You’ll be in good company if you decide to attend Harvard University. It ranked #3 on our 2022 Best Value Engineering Schools for a Master’s For Those Making $48-$75k list. Harvard is a large school located in Cambridge, Massachusetts that handed out 179 masters’s engineering degrees in 2019-2020.
As a testament to the quality of education offered at Harvard, the school also landed the #10 spot in our “Best Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Harvard are $50,654, but you may pay more or less depending on your major.
You’ll join some of the best and brightest minds around if you attend Princeton University. The school came in at #4 for the Best Value Engineering Schools for a Master’s For Those Making $48-$75k. Princeton, New Jersey is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s engineering degrees to 73 students in 2019-2020.
In addition to being on our master’s degree engineering students whose families make $48-$75k list, Princeton has also earned the #9 rank in our “Best Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Princeton are $56,470, but some majors have different tuition rates.
You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #5 for the Best Value Engineering Schools for a Master’s For Those Making $48-$75k. Northwestern University is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 313 masters’s engineering degrees to qualified students.
Northwestern also took the #6 spot in our “Best Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Northwestern University are $56,567, but you may pay more or less depending on your major.
With a ranking of #6, Duke University did quite well on the 2022 Best Value Engineering Schools for a Master’s For Those Making $48-$75k list. Duke is located in Durham, North Carolina and, has a fairly large student population. In 2019-2020, this school awarded 272 masters’s engineering degrees to qualified students.
Duke not only placed well in this ranking. It is also #5 on our “Best Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Duke are $59,140, but you may pay more or less depending on your major.
Dartmouth College landed the #7 spot on the 2022 Best Value Engineering Schools for a Master’s For Those Making $48-$75k ranking. This medium-sized school is located in Hanover, New Hampshire, and it awarded 169 masters’s engineering degrees in 2019-2020.
Dartmouth not only placed well in this ranking. It is also #7 on our “Best Engineering Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Dartmouth College are $58,120.
Rice University came in at #8 in this year’s edition of the Best Value Engineering Schools for a Master’s For Those Making $48-$75k ranking. Rice is a private not-for-profit institution located in Houston, Texas. The school has a medium-sized population, and it awarded 93 masters’s degrees in 2019-2020.
Rice also took the #25 spot in our “Best Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Rice are $47,913, but you may pay more or less depending on your major.
Johns Hopkins University landed the #9 spot on the 2022 Best Value Engineering Schools for a Master’s For Those Making $48-$75k ranking. This large school is located in Baltimore, Maryland, and it awarded 759 masters’s engineering degrees in 2019-2020.
Johns Hopkins not only placed well in this ranking. It is also #3 on our “Best Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Johns Hopkins are $59,425, but you may pay more or less depending on your major.
Columbia University in the City of New York did quite well in the 2022 Best Value Engineering Schools for a Master’s For Those Making $48-$75k ranking, coming in at #10. Columbia University in the City of New York is a private not-for-profit institution located in New York, New York. The school has a large population, and it awarded 1,110 masters’s degrees in 2019-2020.
As a testament to the quality of education offered at Columbia, the school also landed the #4 spot in our “Best Engineering Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Columbia University in the City of New York are $51,194.
Washington University in St Louis came in at #11 in this year’s edition of the Best Value Engineering Schools for a Master’s For Those Making $48-$75k ranking. Washington University in St Louis is a fairly large school located in Saint Louis, Missouri that handed out 295 masters’s engineering degrees in 2019-2020.
WUSTL did well in our major quality rankings, too. It placed #13 on our “Best Engineering Master’s Degree Schools” list. Average graduate tuition and fees at WUSTL are $56,562, but some majors have different tuition rates.
Vanderbilt University ranked #12 on this year’s Best Value Engineering Schools for a Master’s For Those Making $48-$75k list. Vanderbilt University is a fairly large school located in Nashville, Tennessee that handed out 43 masters’s engineering degrees in 2019-2020.
Vanderbilt excels when it comes to engineering quality. It’s ranked in the top 15% of all schools on our “Best Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Vanderbilt University are $50,624, but you may pay more or less depending on your major.
With a ranking of #13, California Institute of Technology did quite well on the 2022 Best Value Engineering Schools for a Master’s For Those Making $48-$75k list. Caltech is a small school located in Pasadena, California that handed out 75 masters’s engineering degrees in 2019-2020.
Caltech did well in our major quality rankings, too. It placed #20 on our “Best Engineering Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Caltech are $56,649.
With a ranking of #14, Cornell University did quite well on the 2022 Best Value Engineering Schools for a Master’s For Those Making $48-$75k list. This large school is located in Ithaca, New York, and it awarded 803 masters’s engineering degrees in 2019-2020.
Cornell also made our “Best Engineering Master’s Degree Schools” list, coming in at #12. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Cornell are $30,042.
Brown University did quite well in the 2022 Best Value Engineering Schools for a Master’s For Those Making $48-$75k ranking, coming in at #15. Brown University is a medium-sized private not-for-profit school situated in Providence, Rhode Island. It awarded 79 masters’s engineering degrees in 2019-2020.
As a testament to the quality of education offered at Brown, the school also landed the #19 spot in our “Best Engineering Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Brown University are $60,363.
University of Michigan - Ann Arbor landed the #16 spot on the 2022 Best Value Engineering Schools for a Master’s For Those Making $48-$75k ranking. Ann Arbor, Michigan is the setting for this large institution of higher learning. The public school handed out masters’s engineering degrees to 1,083 students in 2019-2020.
In addition to being on our master’s degree engineering students whose families make $48-$75k list, U-M has also earned the #18 rank in our “Best Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at U-M are $49,548, but some majors have different tuition rates.
University of Pennsylvania came in at #17 in this year’s edition of the Best Value Engineering Schools for a Master’s For Those Making $48-$75k ranking. University of Pennsylvania is located in Philadelphia, Pennsylvania and, has a large student population. In 2019-2020, this school awarded 295 masters’s engineering degrees to qualified students.
UPenn also took the #15 spot in our “Best Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at UPenn are $41,760, but some majors have different tuition rates.
Read full report on Engineering at University of Pennsylvania
University of Washington - Seattle Campus came in at #18 in this year’s edition of the Best Value Engineering Schools for a Master’s For Those Making $48-$75k ranking. Located in Seattle, Washington, this large public school awarded 576 degrees to qualified masters’s engineering students in 2019-2020.
As a testament to the quality of education it offers, UW Seattle is also in the top of our “Best Engineering Master’s Degree Schools” ranking. It’s in the top 15% of all schools reviewed in that analysis. Average graduate tuition and fees at UW Seattle are $30,294, but some majors have different tuition rates.
Purdue University - Main Campus landed the #19 spot on the 2022 Best Value Engineering Schools for a Master’s For Those Making $48-$75k ranking. Purdue is located in West Lafayette, Indiana and, has a large student population. In 2019-2020, this school awarded 773 masters’s engineering degrees to qualified students.
Purdue excels when it comes to engineering quality. It’s in the top 15% of all schools in this category. Average graduate tuition and fees at Purdue University - Main Campus are $28,794, but you may pay more or less depending on your major.
Read full report on Engineering at Purdue University - Main Campus
University of Florida landed the #20 spot on the 2022 Best Value Engineering Schools for a Master’s For Those Making $48-$75k ranking. Gainesville, Florida is the setting for this large institution of higher learning. The public school handed out masters’s engineering degrees to 548 students in 2019-2020.
On top of its placing in this ranking, UF also did well on our “Best Engineering Master’s Degree Schools” list. It’s in the top 15% of all schools reviewed in that analysis. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Florida are $30,130.
University of Wisconsin - Madison did quite well in the 2022 Best Value Engineering Schools for a Master’s For Those Making $48-$75k ranking, coming in at #21. UW - Madison is a public institution located in Madison, Wisconsin. The school has a large population, and it awarded 367 masters’s degrees in 2019-2020.
As a testament to the quality of education offered at UW - Madison, the school also landed the #23 spot in our “Best Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at UW - Madison are $25,523, but you may pay more or less depending on your major.
With a ranking of #22, University of California - Berkeley did quite well on the 2022 Best Value Engineering Schools for a Master’s For Those Making $48-$75k list. This large school is located in Berkeley, California, and it awarded 842 masters’s engineering degrees in 2019-2020.
UC Berkeley did well in our major quality rankings, too. It placed #14 on our “Best Engineering Master’s Degree Schools” list. Average graduate tuition and fees at University of California - Berkeley are $29,347, but you may pay more or less depending on your major.
Read more about Engineering at University of California - Berkeley
University of Notre Dame came in at #23 in this year’s edition of the Best Value Engineering Schools for a Master’s For Those Making $48-$75k ranking. This fairly large school is located in Notre Dame, Indiana, and it awarded 117 masters’s engineering degrees in 2019-2020.
As a testament to the quality of education it offers, Notre Dame is also in the top of our “Best Engineering Master’s Degree Schools” ranking. It’s in the top 10% of all schools reviewed in that analysis. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Notre Dame are $57,522.
With a ranking of #24, University of Illinois at Urbana-Champaign did quite well on the 2022 Best Value Engineering Schools for a Master’s For Those Making $48-$75k list. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out masters’s engineering degrees to 654 students in 2019-2020.
In addition to being on this list, UIUC is in the top on our “Best Engineering Master’s Degree Schools” list. It’s in the top 15% of all schools reviewed in that analysis. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Illinois at Urbana-Champaign are $30,083.
With a ranking of #25, University of California - Los Angeles did quite well on the 2022 Best Value Engineering Schools for a Master’s For Those Making $48-$75k list. This large school is located in Los Angeles, California, and it awarded 448 masters’s engineering degrees in 2019-2020.
On top of its placing in this ranking, UCLA also did well on our “Best Engineering Master’s Degree Schools” list. It’s ranked in the top 10% of all schools on our “Best Engineering Master’s Degree Schools” list. Average graduate tuition and fees at UCLA are $28,131, but some majors have different tuition rates.
Read more about Engineering at University of California - Los Angeles
Rest of the Best 45 in Best Value Engineering Schools for a Master’s For Those Making $48-$75k
Not only did these schools make the top 45 list, but they also landed in the top 15% of this year’s ranking:
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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.
Credits
- Credit for the banner image above goes to Petty Officer 3rd Class Declan Barnes.
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