2022 Best Value Colleges for Biomedical Engineering (Income $0-$30k) in Michigan
Students have lots of options to chooose from today when trying to decide which college to attend. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Bio Engineering Schools in Michigan For Those Making $0-$30k” ranking - to help you make that decision.
Biomedical Engineering is the 75th most popular major in the country with 12,258 degrees awarded in 2019-2020. In 2017-2018, biomedical engineering graduates who were awarded their degree in 2015-2017, earned an average of $58,234 and had an average of $23,170 in loans still to pay off.
Across Michigan, there were 382 biomedical engineering graduates with average earnings and debt of $67,800 and $21,567 respectively.
For this year’s “Best Value Bio Engineering Schools in Michigan For Those Making $0-$30k” ranking, we looked at 6 colleges that offer a degree in biomedical engineering. The schools that top this list are recognized because they have great biomedical 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 biomedical engineering program at the school. For more information, check out our ranking methodology.
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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 Bio Engineering Schools in Michigan For Those Making $0-$30k” list, to help you choose the best school for you.
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. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value Bio Engineering Schools in Michigan For Those Making $0-$30k
The following schools top our list of the Best Best Value Bio Engineering Schools in Michigan For Those Making $0-$30k.
Top 6 Best Value Colleges for Biomedical Engineering (Income $0-$30k) in Michigan
Out of the 6 schools in the Best Value Bio Engineering Schools in Michigan For Those Making $0-$30k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #1 spot on the list. University of Michigan - Ann Arbor is a large public school situated in Ann Arbor, Michigan. It awarded 198 ’s bio engineering degrees in 2019-2020.
U-M not only placed well in this ranking. It is also #1 on our “Best Biomedical Engineering Schools in Michigan” list. It costs about $3,166 for Michigan Bio Engineering students whose families make $0-$30k per year to attend University of Michigan - Ann Arbor.
The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%.
Out of the 6 schools in the Best Value Bio Engineering Schools in Michigan For Those Making $0-$30k that were part of this year’s ranking, Michigan Technological University landed the #2 spot on the list. Michigan Tech is a public institution located in Houghton, Michigan. The school has a medium-sized population, and it awarded 59 ’s degrees in 2019-2020.
As a testament to the quality of education offered at Michigan Tech, the school also landed the #2 spot in our “Best Biomedical Engineering Schools in Michigan” ranking. The estimated yearly cost for Michigan Technological University is $8,295 for Michigan Bio Engineering students whose families make $0-$30k.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The low student loan default rate of 2.3% 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 Biomedical Engineering at Michigan Technological University
Out of the 6 schools in the Best Value Bio Engineering Schools in Michigan For Those Making $0-$30k that were part of this year’s ranking, Michigan State University landed the #3 spot on the list. Michigan State University is a large school located in East Lansing, Michigan that handed out 2 ’s bio engineering degrees in 2019-2020.
In addition to being on our michigan bio engineering students whose families make $0-$30k list, Michigan State has also earned the #4 rank in our “Best Biomedical Engineering Schools in Michigan” ranking. The estimated yearly cost for Michigan State University is $6,686 for michigan bio engineering students whose families make $0-$30k.
The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year.
Read more about Biomedical Engineering at Michigan State University
Out of the 6 schools in the Best Value Bio Engineering Schools in Michigan For Those Making $0-$30k that were part of this year’s ranking, University of Michigan - Dearborn landed the #4 spot on the list. University of Michigan - Dearborn is located in Dearborn, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 32 ’s bio engineering degrees to qualified students.
In addition to being on our michigan bio engineering students whose families make $0-$30k list, UM Dearborn has also earned the #5 rank in our “Best Biomedical Engineering Schools in Michigan” ranking. The yearly cost to attend University of Michigan - Dearborn is $6,751 for Michigan Bio Engineering students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.
Out of the 6 schools in the Best Value Bio Engineering Schools in Michigan For Those Making $0-$30k that were part of this year’s ranking, Wayne State University landed the #5 spot on the list. Wayne State is a large public school situated in Detroit, Michigan. It awarded 64 ’s bio engineering degrees in 2019-2020.
Wayne State also made our “Best Biomedical Engineering Schools in Michigan” list, coming in at #6. The yearly cost to attend Wayne State is $11,413 for michigan bio engineering students whose families make $0-$30k.
Lawrence Technological University came in at #6 in this year’s edition of the Best Value Bio Engineering Schools in Michigan For Those Making $0-$30k ranking. This small school is located in Southfield, Michigan, and it awarded 26 ’s bio engineering degrees in 2019-2020.
As a testament to the quality of education offered at Lawrence Tech, the school also landed the #3 spot in our “Best Biomedical Engineering Schools in Michigan” ranking. The yearly cost to attend Lawrence Tech is $31,543 for michigan bio engineering students whose families make $0-$30k.
Read more about Biomedical Engineering at Lawrence Technological University
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- Best Value Colleges for Biomedical Engineering (Income $0-$30k)
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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 UC Davis College of Engineering.
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