2022 Best Value Colleges for Aerospace & Aeronautical Engineering in Massachusetts (With Aid)

It’s not easy to decide which college to attend when there so many options available for students. 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 in Massachusetts For Those Getting Aid” ranking - to help you make that decision.

Aerospace & Aeronautical Engineering is the 101st most popular major in the country with 7,582 degrees awarded in 2019-2020. 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.

Across Massachusetts, there were 190 aerospace and aeronautical engineering graduates with average earnings and debt of $74,150 and $20,500 respectively.

This year’s “Best Value Aerospace Engineering Schools in Massachusetts For Those Getting Aid” ranking analyzed 2 colleges that offered a degree in aerospace and aeronautical engineering. Not only do the schools that top this list have excellent aerospace and aeronautical engineering programs, but they also cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the aerospace and aeronautical engineering program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.

More Ways to Rank Aerospace & Aeronautical Engineering Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Aerospace Engineering Schools in Massachusetts For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Aerospace Engineering Schools in Massachusetts For Those Getting Aid

The colleges and universities below are the best for massachusetts aerospace engineering students with aid.

Top 2 Best Value Colleges for Aerospace & Aeronautical Engineering in Massachusetts (With Aid)

#1

Massachusetts Institute of Technology

Cambridge, Massachusetts

#1 in overall quality

$16,636 Average Net Price

$89,950 Average Early-Career Earnings

You’ll be in good company if you decide to attend Massachusetts Institute of Technology. It ranked #1 on our 2022 Best Value Aerospace Engineering Schools in Massachusetts For Those Getting Aid list. MIT is a fairly large school located in Cambridge, Massachusetts that handed out 124 ’s aerospace engineering degrees in 2019-2020.

MIT not only placed well in this ranking. It is also #1 on our “Best Aerospace & Aeronautical Engineering Schools in Massachusetts” list. The estimated yearly cost for Massachusetts Institute of Technology is $16,636 for Massachusetts Aerospace Engineering students with aid.

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%.

Full Massachusetts Institute of Technology Aerospace & Aeronautical Engineering Report

#2

Worcester Polytechnic Institute

Worcester, Massachusetts

#2 in overall quality

$39,756 Average Net Price

$72,444 Average Early-Career Earnings

You’ll be in good company if you decide to attend Worcester Polytechnic Institute. It ranked #2 on our 2022 Best Value Aerospace Engineering Schools in Massachusetts For Those Getting Aid list. Worcester, Massachusetts is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s aerospace engineering degrees to 66 students in 2019-2020.

As a testament to the quality of education offered at WPI, the school also landed the #2 spot in our “Best Aerospace & Aeronautical Engineering Schools in Massachusetts” ranking. The yearly cost to attend Worcester Polytechnic Institute is $39,756 for Massachusetts Aerospace Engineering students with aid.

The low 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%. With a freshman retention rate of 95%, the school does an excellent job of retaining its students.

Full WPI Aerospace & Aeronautical Engineering Report

• Best Value Colleges for Aerospace & Aeronautical Engineering in the New England Region (With Aid)
• Best Value Colleges for Aerospace & Aeronautical Engineering (With Aid)

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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