2022 Best Value Bachelor’s Degree Colleges for Electrical Engineering (Income $0-$30k) in Minnesota
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 EE Schools for a Bachelor’s in Minnesota For Those Making $0-$30k” ranking - to help you make that decision.
In 2019-2020, 30,670 people earned their degree in electrical engineering, making the major the 31st most popular in the United States. In 2017-2018, electrical engineering graduates who were awarded their degree in 2015-2017, earned an average of $70,098 and had an average of $23,581 in loans still to pay off.
Across Minnesota, there were 340 electrical engineering graduates with average earnings and debt of $66,050 and $23,181 respectively. At the bachelor’s degree level specifically, there were 210 electrical engineering graduates with average earnings and debt of $40,526 and $26,035 respectively.
This year’s “Best Value EE Schools for a Bachelor’s in Minnesota For Those Making $0-$30k” ranking looked at 5 colleges that offer degrees in a bachelor’s in electrical engineering. The schools that top this list are recognized because they have great electrical 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 electrical engineering program at the school. Check out our ranking methodology for more information.
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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 Value EE Schools for a Bachelor’s in Minnesota For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.
We’ve created a tool called College Combat that lets you create your own customized comparisons 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 EE Schools for a Bachelor’s in Minnesota For Those Making $0-$30k
The colleges and universities below are the best for minnesota bachelor’s degree ee students whose families make $0-$30k.
Top 5 Best Value Bachelor’s Degree Colleges for Electrical Engineering (Income $0-$30k) in Minnesota
You’ll be in good company if you decide to attend University of Minnesota - Twin Cities. It ranked #1 on our 2022 Best Value EE Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. This large school is located in Minneapolis, Minnesota, and it awarded 88 bachelors’s EE degrees in 2019-2020.
UMN Twin Cities also made our “Best Electrical Engineering Bachelor’s Degree Schools in Minnesota” list, coming in at #1. The yearly cost to attend UMN Twin Cities is $7,266 for minnesota bachelor’s degree ee students whose families make $0-$30k.
The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend University of Minnesota - Duluth. The school came in at #2 for the Best Value EE Schools for a Bachelor’s in Minnesota For Those Making $0-$30k. UMN Duluth is a fairly large school located in Duluth, Minnesota that handed out 44 bachelors’s EE degrees in 2019-2020.
As a testament to the quality of education offered at UMN Duluth, the school also landed the #3 spot in our “Best Electrical Engineering Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for University of Minnesota - Duluth is $7,443 for Minnesota Bachelor’s Degree EE students whose families make $0-$30k.
The low student loan default rate of 3.1% 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%.
You’ll be in good company if you decide to attend Saint Cloud State University. It ranked #3 on our 2022 Best Value EE Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. St. Cloud State University is located in Saint Cloud, Minnesota and, has a fairly large student population. In 2019-2020, this school awarded 29 bachelors’s EE degrees to qualified students.
St. Cloud State University also took the #5 spot in our “Best Electrical Engineering Bachelor’s Degree Schools in Minnesota” ranking. It costs about $10,688 for minnesota bachelor’s degree ee students whose families make $0-$30k per year to attend Saint Cloud State University.
Read more about Electrical Engineering at St. Cloud State University
Out of the 5 schools in the Best Value EE Schools for a Bachelor’s in Minnesota For Those Making $0-$30k that were part of this year’s ranking, Minnesota State University - Mankato landed the #4 spot on the list. Minnesota State Mankato is a fairly large public school situated in Mankato, Minnesota. It awarded 30 bachelors’s EE degrees in 2019-2020.
Minnesota State Mankato also made our “Best Electrical Engineering Bachelor’s Degree Schools in Minnesota” list, coming in at #4. The yearly cost to attend Minnesota State University - Mankato is $11,057 for minnesota bachelor’s degree ee students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.
Full Minnesota State University - Mankato Electrical Engineering Report
You’ll be in good company if you decide to attend University of St Thomas Minnesota. It ranked #5 on our 2022 Best Value EE Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. This medium-sized school is located in Saint Paul, Minnesota, and it awarded 18 bachelors’s EE degrees in 2019-2020.
UST MN did well in our major quality rankings, too. It placed #2 on our “Best Electrical Engineering Bachelor’s Degree Schools in Minnesota” list. It costs about $27,460 for minnesota bachelor’s degree ee students whose families make $0-$30k per year to attend University of St Thomas Minnesota.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The student loan default rate at the school is 2.1%, which is quite low when compared to the national default rate of 10.1%.
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Best Value Bachelor's Degree Colleges for Electrical Engineering (Income $0-$30k) in Missouri
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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 NASA.
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