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2022 Best Value Master’s Degree Colleges for Aerospace & Aeronautical Engineering (Income $48-$75k)

59 Ranked Colleges
1,767 Degrees Awarded
$37,000 Avg Grad Tuition & Fees*
Best Value Aerospace 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. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k” ranking - to help you make that decision.

In 2019-2020, 7,582 people earned their degree in aerospace and aeronautical engineering, making the major the 101st most popular in the United States. In 2017-2018, aerospace and aeronautical engineering graduates who were awarded their degree in 2015-2017, earned an average of $65,466 and had an average of $23,943 in loans still to pay off.

At the master’s degree level specifically, there were 1,767 aerospace and aeronautical engineering graduates with average earnings and debt of $56,398 and $43,194 respectively.

This year’s “Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k” ranking looked at 59 colleges that offer degrees in a bachelor’s in aerospace and aeronautical engineering. The schools that top this list are recognized because they have great aerospace and aeronautical 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 aerospace and aeronautical engineering program at the school. See our ranking methodology to learn more.

One Size Does Not Fit All

The aerospace 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 Aerospace Engineering Schools for a Master’s For Those Making $48-$75k”.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k

The following schools top our list of the Best Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k.

Top 25 Best Value Master’s Degree Colleges for Aerospace & Aeronautical Engineering (Income $48-$75k)

#1

Massachusetts Institute of Technology

Cambridge, Massachusetts

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 Aerospace Engineering Schools for a Master’s For Those Making $48-$75k. Cambridge, Massachusetts is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s aerospace engineering degrees to 52 students in 2019-2020.

MIT also took the #1 spot in our “Best Aerospace & Aeronautical Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Massachusetts Institute of Technology are $56,719, but some majors have different tuition rates.

Read full report on Aerospace & Aeronautical Engineering at Massachusetts Institute of Technology

#2

Stanford University

Stanford, California

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 Aerospace Engineering Schools for a Master’s For Those Making $48-$75k. Stanford, California is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s aerospace engineering degrees to 65 students in 2019-2020.

Stanford also made our “Best Aerospace & Aeronautical Engineering Master’s Degree Schools” list, coming in at #2. Average graduate tuition and fees at Stanford University are $55,011, but you may pay more or less depending on your major.

Read full report on Aerospace & Aeronautical Engineering at Stanford

#3

Rice University

Houston, Texas

Out of the 59 schools in the Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k that were part of this year’s ranking, Rice University landed the #3 spot on the list. Rice University is a medium-sized school located in Houston, Texas that handed out 2 masters’s aerospace engineering degrees in 2019-2020.

As a testament to the quality of education offered at Rice, the school also landed the #0 spot in our “Best Aerospace & Aeronautical Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Rice University are $47,913, but some majors have different tuition rates.

Read full report on Aerospace & Aeronautical Engineering at Rice

#4

Johns Hopkins University

Baltimore, Maryland
#9 in overall quality

You’ll join some of the best and brightest minds around if you attend Johns Hopkins University. The school came in at #4 for the Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k. Johns Hopkins is located in Baltimore, Maryland and, has a large student population. In 2019-2020, this school awarded 36 masters’s aerospace engineering degrees to qualified students.

Johns Hopkins not only placed well in this ranking. It is also #9 on our “Best Aerospace & Aeronautical Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Johns Hopkins are $59,425, but some majors have different tuition rates.

Read more about Aerospace & Aeronautical Engineering at Johns Hopkins

#5

California Institute of Technology

Pasadena, California
#5 in overall quality

You’ll join some of the best and brightest minds around if you attend California Institute of Technology. The school came in at #5 for the Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k. California Institute of Technology is located in Pasadena, California and, has a small student population. In 2019-2020, this school awarded 17 masters’s aerospace engineering degrees to qualified students.

As a testament to the quality of education offered at Caltech, the school also landed the #5 spot in our “Best Aerospace & Aeronautical 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 Caltech are $56,649.

Read more about Aerospace & Aeronautical Engineering at Caltech

#6

Washington University in St Louis

Saint Louis, Missouri

Washington University in St Louis did quite well in the 2022 Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k ranking, coming in at #6. 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 21 masters’s degrees in 2019-2020.

WUSTL did well in our major quality rankings, too. It placed #10 on our “Best Aerospace & Aeronautical Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Washington University in St Louis are $56,562, but you may pay more or less depending on your major.

Full WUSTL Aerospace & Aeronautical Engineering Report

University of Michigan - Ann Arbor ranked #7 on this year’s Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k list. U-M is a public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 71 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at U-M, the school also landed the #4 spot in our “Best Aerospace & Aeronautical Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548, but you may pay more or less depending on your major.

Read full report on Aerospace & Aeronautical Engineering at U-M

University of Washington - Seattle Campus ranked #8 on this year’s Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k list. This large school is located in Seattle, Washington, and it awarded 51 masters’s aerospace engineering degrees in 2019-2020.

UW Seattle not only placed well in this ranking. It is also #12 on our “Best Aerospace & Aeronautical 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 University of Washington - Seattle Campus are $30,294.

Read full report on Aerospace & Aeronautical Engineering at University of Washington - Seattle Campus

#9

Purdue University - Main Campus

West Lafayette, Indiana

With a ranking of #9, Purdue University - Main Campus did quite well on the 2022 Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k list. This large school is located in West Lafayette, Indiana, and it awarded 112 masters’s aerospace engineering degrees in 2019-2020.

Purdue not only placed well in this ranking. It is also #8 on our “Best Aerospace & Aeronautical Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Purdue University - Main Campus are $28,794, but you may pay more or less depending on your major.

Full Purdue University - Main Campus Aerospace & Aeronautical Engineering Report

#10

Cornell University

Ithaca, New York
#13 in overall quality

Cornell University did quite well in the 2022 Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k ranking, coming in at #10. This large school is located in Ithaca, New York, and it awarded 20 masters’s aerospace engineering degrees in 2019-2020.

Cornell not only placed well in this ranking. It is also #13 on our “Best Aerospace & Aeronautical Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Cornell University are $30,042, but you may pay more or less depending on your major.

Full Cornell University Aerospace & Aeronautical Engineering Report

#11

University of Florida

Gainesville, Florida

University of Florida came in at #11 in this year’s edition of the Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k ranking. This large school is located in Gainesville, Florida, and it awarded 34 masters’s aerospace engineering degrees in 2019-2020.

UF also took the #20 spot in our “Best Aerospace & Aeronautical Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Florida are $30,130, but some majors have different tuition rates.

Read more about Aerospace & Aeronautical Engineering at UF

#12

University of Notre Dame

Notre Dame, Indiana
#7 in overall quality

With a ranking of #12, University of Notre Dame did quite well on the 2022 Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k list. Notre Dame, Indiana is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s aerospace engineering degrees to 12 students in 2019-2020.

Notre Dame not only placed well in this ranking. It is also #7 on our “Best Aerospace & Aeronautical Engineering Master’s Degree Schools” list. Average graduate tuition and fees at University of Notre Dame are $57,522, but you may pay more or less depending on your major.

Full University of Notre Dame Aerospace & Aeronautical Engineering Report

#13

University of California - Los Angeles

Los Angeles, California

University of California - Los Angeles ranked #13 on this year’s Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k list. University of California - Los Angeles is a large public school situated in Los Angeles, California. It awarded 26 masters’s aerospace engineering degrees in 2019-2020.

UCLA did well in our major quality rankings, too. It placed #14 on our “Best Aerospace & Aeronautical 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 UCLA are $28,131.

Read more about Aerospace & Aeronautical Engineering at UCLA

Georgia Institute of Technology - Main Campus came in at #14 in this year’s edition of the Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k ranking. This large school is located in Atlanta, Georgia, and it awarded 141 masters’s aerospace engineering degrees in 2019-2020.

Georgia Tech also took the #6 spot in our “Best Aerospace & Aeronautical Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Georgia Tech are $31,334, but some majors have different tuition rates.

Read more about Aerospace & Aeronautical Engineering at Georgia Institute of Technology - Main Campus

University of Illinois at Urbana-Champaign ranked #15 on this year’s Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k list. This large school is located in Champaign, Illinois, and it awarded 35 masters’s aerospace engineering degrees in 2019-2020.

UIUC also made our “Best Aerospace & Aeronautical Engineering Master’s Degree Schools” list, coming in at #16. 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.

Read full report on Aerospace & Aeronautical Engineering at UIUC

#16

University of Central Florida

Orlando, Florida

University of Central Florida did quite well in the 2022 Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k ranking, coming in at #16. Orlando, Florida is the setting for this large institution of higher learning. The public school handed out masters’s aerospace engineering degrees to 33 students in 2019-2020.

Average graduate tuition and fees at University of Central Florida are $28,657, but you may pay more or less depending on your major.

Read full report on Aerospace & Aeronautical Engineering at UCF

With a ranking of #17, Missouri University of Science and Technology did quite well on the 2022 Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k list. Rolla, Missouri is the setting for this medium-sized institution of higher learning. The public school handed out masters’s aerospace engineering degrees to 10 students in 2019-2020.

Average graduate tuition and fees at Missouri University of Science and Technology are $30,943, but you may pay more or less depending on your major.

Read more about Aerospace & Aeronautical Engineering at Missouri University of Science and Technology

#18

North Carolina State University

Raleigh, North Carolina

North Carolina State University landed the #18 spot on the 2022 Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k ranking. This large school is located in Raleigh, North Carolina, and it awarded 17 masters’s aerospace engineering degrees in 2019-2020.

NC State also made our “Best Aerospace & Aeronautical Engineering Master’s Degree Schools” list, coming in at #23. Although you might pay more or less depending on your area of study, average graduate tuition and fees at North Carolina State University are $28,999.

Read full report on Aerospace & Aeronautical Engineering at North Carolina State University

Ohio State University - Main Campus came in at #19 in this year’s edition of the Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k ranking. Ohio State is a public institution located in Columbus, Ohio. The school has a large population, and it awarded 16 masters’s degrees in 2019-2020.

Average graduate tuition and fees at Ohio State University - Main Campus are $37,141, but some majors have different tuition rates.

Read more about Aerospace & Aeronautical Engineering at Ohio State University - Main Campus

With a ranking of #20, California State University - Long Beach did quite well on the 2022 Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k list. California State University - Long Beach is located in Long Beach, California and, has a large student population. In 2019-2020, this school awarded 15 masters’s aerospace engineering degrees to qualified students.

Average graduate tuition and fees at CSULB are $17,784, but some majors have different tuition rates.

Read full report on Aerospace & Aeronautical Engineering at CSULB

#21

University of Minnesota - Twin Cities

Minneapolis, Minnesota

University of Minnesota - Twin Cities ranked #21 on this year’s Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k list. Minneapolis, Minnesota is the setting for this large institution of higher learning. The public school handed out masters’s aerospace engineering degrees to 3 students in 2019-2020.

UMN Twin Cities also made our “Best Aerospace & Aeronautical Engineering Master’s Degree Schools” list, coming in at #0. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UMN Twin Cities are $28,845.

Full University of Minnesota - Twin Cities Aerospace & Aeronautical Engineering Report

The University of Texas at Austin did quite well in the 2022 Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k ranking, coming in at #22. Austin, Texas is the setting for this large institution of higher learning. The public school handed out masters’s aerospace engineering degrees to 11 students in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at The University of Texas at Austin are $22,886.

Read more about Aerospace & Aeronautical Engineering at UT Austin

University of California - San Diego came in at #23 in this year’s edition of the Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k ranking. La Jolla, California is the setting for this large institution of higher learning. The public school handed out masters’s aerospace engineering degrees to 5 students in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at UCSD are $28,631.

Read more about Aerospace & Aeronautical Engineering at University of California - San Diego

California Polytechnic State University - San Luis Obispo did quite well in the 2022 Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k ranking, coming in at #24. This large school is located in San Luis Obispo, California, and it awarded 21 masters’s aerospace engineering degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Cal Poly San Luis Obispo are $21,009.

Read full report on Aerospace & Aeronautical Engineering at Cal Poly San Luis Obispo

#25

Virginia Tech

Blacksburg, Virginia

Virginia Tech did quite well in the 2022 Best Value Aerospace Engineering Schools for a Master’s For Those Making $48-$75k ranking, coming in at #25. This large school is located in Blacksburg, Virginia, and it awarded 29 masters’s aerospace engineering degrees in 2019-2020.

Virginia Tech did well in our major quality rankings, too. It placed #15 on our “Best Aerospace & Aeronautical Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Virginia Tech are $30,547, but some majors have different tuition rates.

Read full report on Aerospace & Aeronautical Engineering at Virginia Tech

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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 Ian3055.

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