2022 Best Value Colleges for Chemical Engineering (Income $30-$48k) in Massachusetts
When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Chem Eng Schools in Massachusetts For Those Making $30-$48k” ranking - to help you make that decision.
Chemical Engineering is the 66th most popular major in the country with 13,610 degrees awarded in 2019-2020. In 2017-2018, chemical engineering graduates who were awarded their degree in 2015-2017, earned an average of $62,963 and had an average of $22,564 in loans still to pay off.
Across Massachusetts, there were 611 chemical engineering graduates with average earnings and debt of $67,283 and $23,321 respectively.
This year’s “Best Value Chem Eng Schools in Massachusetts For Those Making $30-$48k” ranking looked at 6 colleges that offer degrees in a bachelor’s in chemical engineering. Not only do the schools that top this list have excellent chemical engineering programs, but they also 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 chemical 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 Chem Eng Schools in Massachusetts For Those Making $30-$48k” list, to help you choose the best school for you.
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Best Value Chem Eng Schools in Massachusetts For Those Making $30-$48k
The following schools top our list of the Best Best Value Chem Eng Schools in Massachusetts For Those Making $30-$48k.
Top 6 Best Value Colleges for Chemical Engineering (Income $30-$48k) in Massachusetts
Out of the 6 schools in the Best Value Chem Eng Schools in Massachusetts For Those Making $30-$48k that were part of this year’s ranking, Massachusetts Institute of Technology landed the #1 spot on the list. MIT is a fairly large school located in Cambridge, Massachusetts that handed out 97 ’s chem eng degrees in 2019-2020.
MIT also made our “Best Chemical Engineering Schools in Massachusetts” list, coming in at #1. It costs about $1,820 for massachusetts chem eng students whose families make $30-$48k per year to attend Massachusetts Institute of Technology.
Students who start out at the school are likely to stick around. The freshman retention rate is 98%. With a student-to-faculty ratio of 3 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an impressive student loan default rate. It’s only 1.1%, which is much lower than the national rate of 10.1%.
Full Massachusetts Institute of Technology Chemical Engineering Report
You’ll be in good company if you decide to attend Northeastern University. It ranked #2 on our 2022 Best Value Chem Eng Schools in Massachusetts For Those Making $30-$48k list. Boston, Massachusetts is the setting for this large institution of higher learning. The private not-for-profit school handed out ’s chem eng degrees to 181 students in 2019-2020.
Northeastern did well in our major quality rankings, too. It placed #2 on our “Best Chemical Engineering Schools in Massachusetts” list. The estimated yearly cost for Northeastern is $12,823 for Massachusetts Chem Eng students whose families make $30-$48k.
The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. The low student loan default rate of 2.2% 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%.
You’ll join some of the best and brightest minds around if you attend Tufts University. The school came in at #3 for the Best Value Chem Eng Schools in Massachusetts For Those Making $30-$48k. Tufts is a fairly large school located in Medford, Massachusetts that handed out 35 ’s chem eng degrees in 2019-2020.
Tufts also took the #3 spot in our “Best Chemical Engineering Schools in Massachusetts” ranking. The estimated yearly cost for Tufts is $6,516 for massachusetts chem eng students whose families make $30-$48k.
The low student loan default rate of 1.2% 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 92%. The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
You’ll join some of the best and brightest minds around if you attend University of Massachusetts Amherst. The school came in at #4 for the Best Value Chem Eng Schools in Massachusetts For Those Making $30-$48k. Amherst, Massachusetts is the setting for this large institution of higher learning. The public school handed out ’s chem eng degrees to 102 students in 2019-2020.
In addition to being on our massachusetts chem eng students whose families make $30-$48k list, UMass Amherst has also earned the #5 rank in our “Best Chemical Engineering Schools in Massachusetts” ranking. The yearly cost to attend University of Massachusetts Amherst is $14,474 for massachusetts chem eng students whose families make $30-$48k.
The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year. The low student loan default rate of 2.8% 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 Chemical Engineering at University of Massachusetts Amherst
You’ll be in good company if you decide to attend University of Massachusetts - Lowell. It ranked #5 on our 2022 Best Value Chem Eng Schools in Massachusetts For Those Making $30-$48k list. This fairly large school is located in Lowell, Massachusetts, and it awarded 105 ’s chem eng degrees in 2019-2020.
In addition to being on our massachusetts chem eng students whose families make $30-$48k list, UMass Lowell has also earned the #6 rank in our “Best Chemical Engineering Schools in Massachusetts” ranking. The yearly cost to attend UMass Lowell is $12,330 for massachusetts chem eng students whose families make $30-$48k.
The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Chemical Engineering at University of Massachusetts - Lowell
Worcester Polytechnic Institute ranked #6 on this year’s Best Value Chem Eng Schools in Massachusetts For Those Making $30-$48k list. Worcester Polytechnic Institute is a medium-sized school located in Worcester, Massachusetts that handed out 91 ’s chem eng degrees in 2019-2020.
In addition to being on our massachusetts chem eng students whose families make $30-$48k list, WPI has also earned the #4 rank in our “Best Chemical Engineering Schools in Massachusetts” ranking. The estimated yearly cost for WPI is $29,911 for massachusetts chem eng students whose families make $30-$48k.
The school has an excellent freshman retention rate of 95%, 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 0.7%, which is much lower than the national rate of 10.1%.
- Best Value Colleges for Chemical Engineering (Income $30-$48k) in the New England Region
- Best Value Colleges for Chemical Engineering (Income $30-$48k)
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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 Mikulova.
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