2022 Best Value Colleges for Chemical Engineering (Income Over $110k) in Michigan
With all of the options students have for higher education today, it can be tough to choose which direction to take. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Vallue Chem Eng Schools in Michigan For Those Making Over $110k” ranking is one tool we have developed to help in this regard.
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 Michigan, there were 545 chemical engineering graduates with average earnings and debt of $67,340 and $24,938 respectively.
This year’s “Best Vallue Chem Eng Schools in Michigan For Those Making Over $110k” ranking analyzed 6 colleges that offered a degree 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.
Some of the factors we look at when determining these rankings are overall quality of the chemical engineering program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Vallue Chem Eng Schools in Michigan For Those Making Over $110k” ranking, along with many other major-related rankings, to help you make that decision.
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Best Vallue Chem Eng Schools in Michigan For Those Making Over $110k
The following schools top our list of the Best Best Vallue Chem Eng Schools in Michigan For Those Making Over $110k.
Top 6 Best Value Colleges for Chemical Engineering (Income Over $110k) in Michigan
Out of the 6 schools in the Best Vallue Chem Eng Schools in Michigan For Those Making Over $110k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #1 spot on the list. U-M is a large public school situated in Ann Arbor, Michigan. It awarded 166 ’s chem eng degrees in 2019-2020.
As a testament to the quality of education offered at U-M, the school also landed the #1 spot in our “Best Chemical Engineering Schools in Michigan” ranking. The estimated yearly cost for U-M is $15,336 for michigan chem eng students whose families make more than $110k.
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 96%.
You’ll join some of the best and brightest minds around if you attend Michigan Technological University. The school came in at #2 for the Best Vallue Chem Eng Schools in Michigan For Those Making Over $110k. This medium-sized school is located in Houghton, Michigan, and it awarded 98 ’s chem eng degrees in 2019-2020.
Michigan Tech also took the #3 spot in our “Best Chemical Engineering Schools in Michigan” ranking. It costs about $16,463 for michigan chem eng students whose families make more than $110k per year to attend Michigan Technological University.
The school has an impressive student loan default rate. It’s only 2.3%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
Out of the 6 schools in the Best Vallue Chem Eng Schools in Michigan For Those Making Over $110k that were part of this year’s ranking, Wayne State University landed the #3 spot on the list. Wayne State is a public institution located in Detroit, Michigan. The school has a large population, and it awarded 51 ’s degrees in 2019-2020.
Wayne State also made our “Best Chemical Engineering Schools in Michigan” list, coming in at #6. The yearly cost to attend Wayne State University is $13,965 for michigan chem eng students whose families make more than $110k.
Out of the 6 schools in the Best Vallue Chem Eng Schools in Michigan For Those Making Over $110k that were part of this year’s ranking, Michigan State University landed the #4 spot on the list. Michigan State is a large school located in East Lansing, Michigan that handed out 134 ’s chem eng degrees in 2019-2020.
In addition to being on our michigan chem eng students whose families make more than $110k list, Michigan State has also earned the #4 rank in our “Best Chemical Engineering Schools in Michigan” ranking. The estimated yearly cost for Michigan State is $19,173 for Michigan Chem Eng students whose families make more than $110k.
The low student loan default rate of 3.6% 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 91%, the school does an excellent job of retaining its students.
Read full report on Chemical Engineering at Michigan State University
You’ll join some of the best and brightest minds around if you attend Western Michigan University. The school came in at #5 for the Best Vallue Chem Eng Schools in Michigan For Those Making Over $110k. WMU is a public institution located in Kalamazoo, Michigan. The school has a fairly large population, and it awarded 69 ’s degrees in 2019-2020.
In addition to being on our michigan chem eng students whose families make more than $110k list, WMU has also earned the #5 rank in our “Best Chemical Engineering Schools in Michigan” ranking. The yearly cost to attend Western Michigan University is $19,433 for Michigan Chem Eng students whose families make more than $110k.
Kettering University did quite well in the 2022 Best Vallue Chem Eng Schools in Michigan For Those Making Over $110k ranking, coming in at #6. Kettering University is a private not-for-profit institution located in Flint, Michigan. The school has a small population, and it awarded 27 ’s degrees in 2019-2020.
In addition to being on our michigan chem eng students whose families make more than $110k list, Kettering has also earned the #2 rank in our “Best Chemical Engineering Schools in Michigan” ranking. The estimated yearly cost for Kettering is $37,518 for Michigan Chem Eng students whose families make more than $110k.
The low student loan default rate of 2.7% 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%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.
Read more about Chemical Engineering at Kettering University
- Best Value Colleges for Chemical Engineering (Income Over $110k) in the Great Lakes Region
- Best Value Colleges for Chemical Engineering (Income Over $110k)
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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.
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- Credit for the banner image above goes to Mikulova.
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