2022 Best Value EE Schools for a Bachelor’s For Those Making $48-$75k
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value EE Schools for a Bachelor’s For Those Making $48-$75k” ranking is part of that endeavor.
Electrical Engineering is the 31st most popular major in the country with 30,670 degrees awarded in 2019-2020. 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.
At the bachelor’s degree level specifically, there were 17,931 electrical engineering graduates with average earnings and debt of $38,303 and $24,501 respectively.
For this year’s “Best Value EE Schools for a Bachelor’s For Those Making $48-$75k” ranking, we looked at 316 colleges that offer a degree 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.
Some of the factors we look at when determining these rankings are overall quality of the electrical 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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The ee school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value EE Schools for a Bachelor’s For Those Making $48-$75k”.
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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value EE Schools for a Bachelor’s For Those Making $48-$75k
The colleges and universities below are the best for bachelor’s degree ee students whose families make $48-$75k.
Top 25 Best Value Bachelor’s Degree Colleges for Electrical Engineering (Income $48-$75k)
You’ll be in good company if you decide to attend Massachusetts Institute of Technology. It ranked #1 on our 2022 Best Value EE Schools for a Bachelor’s For Those Making $48-$75k list. Massachusetts Institute of Technology is a private not-for-profit institution located in Cambridge, Massachusetts. The school has a fairly large population, and it awarded 44 bachelors’s degrees in 2019-2020.
MIT also took the #3 spot in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. It costs about $6,049 for Bachelor’s Degree EE students whose families make $48-$75k per year to attend Massachusetts Institute of Technology.
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%. The student-to-faculty ratio of 3 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. With a freshman retention rate of 98%, the school does an excellent job of retaining its students.
Full Massachusetts Institute of Technology Electrical Engineering Report
Out of the 316 schools in the Best Value EE Schools for a Bachelor’s For Those Making $48-$75k that were part of this year’s ranking, Princeton University landed the #2 spot on the list. Located in Princeton, New Jersey, this medium-sized private not-for-profit school handed out 21 degrees to qualified bachelors’s EE students in 2019-2020.
Princeton not only placed well in this ranking. It is also #4 on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Princeton is $7,576 for bachelor’s degree ee students whose families make $48-$75k.
The student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%. The student-to-faculty ratio of 4 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 Stanford University. The school came in at #3 for the Best Value EE Schools for a Bachelor’s For Those Making $48-$75k. Stanford is located in Stanford, California and, has a fairly large student population. In 2019-2020, this school awarded 46 bachelors’s EE degrees to qualified students.
Stanford also made our “Best Electrical Engineering Bachelor’s Degree Schools” list, coming in at #2. The yearly cost to attend Stanford is $1,959 for bachelor’s degree ee students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 0.5%, which is much lower than the national rate of 10.1%. With a student-to-faculty ratio of 4 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Read more about Electrical Engineering at Stanford University
Out of the 316 schools in the Best Value EE Schools for a Bachelor’s For Those Making $48-$75k that were part of this year’s ranking, Harvard University landed the #4 spot on the list. Harvard is a large private not-for-profit school situated in Cambridge, Massachusetts. It awarded 9 bachelors’s EE degrees in 2019-2020.
Harvard also took the #21 spot in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend Harvard is $3,411 for bachelor’s degree ee students whose families make $48-$75k.
The impressive student-to-faculty ratio of 5 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The student loan default rate at the school is 1.1%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Electrical Engineering at Harvard University
You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #5 for the Best Value EE Schools for a Bachelor’s For Those Making $48-$75k. Northwestern University is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 10 bachelors’s EE degrees to qualified students.
Northwestern not only placed well in this ranking. It is also #10 on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The yearly cost to attend Northwestern University is $6,452 for bachelor’s degree ee students whose families make $48-$75k.
The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%. 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 student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Rice University ranked #6 on this year’s Best Value EE Schools for a Bachelor’s For Those Making $48-$75k list. Houston, Texas is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s EE degrees to 38 students in 2019-2020.
Rice not only placed well in this ranking. It is also #13 on our “Best Electrical Engineering Bachelor’s Degree Schools” list. It costs about $7,318 for bachelor’s degree ee students whose families make $48-$75k per year to attend Rice.
The student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Washington University in St Louis did quite well in the 2022 Best Value EE Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #7. This fairly large school is located in Saint Louis, Missouri, and it awarded 39 bachelors’s EE degrees in 2019-2020.
WUSTL also made our “Best Electrical Engineering Bachelor’s Degree Schools” list, coming in at #8. It costs about $11,832 for Bachelor’s Degree EE students whose families make $48-$75k per year to attend Washington University in St Louis.
The student loan default rate at the school is 1.4%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The student-to-faculty ratio of 7 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Read full report on Electrical Engineering at Washington University in St Louis
Cornell University landed the #8 spot on the 2022 Best Value EE Schools for a Bachelor’s For Those Making $48-$75k ranking. Cornell is a private not-for-profit institution located in Ithaca, New York. The school has a large population, and it awarded 100 bachelors’s degrees in 2019-2020.
Cornell not only placed well in this ranking. It is also #6 on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The yearly cost to attend Cornell University is $11,869 for Bachelor’s Degree EE students whose families make $48-$75k.
Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors. Students who start out at the school are likely to stick around. The freshman retention rate is 96%. The student loan default rate at the school is 1.1%, which is quite low when compared to the national default rate of 10.1%.
Olin College did quite well in the 2022 Best Value EE Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #9. This small school is located in Needham, Massachusetts, and it awarded 19 bachelors’s EE degrees in 2019-2020.
As a testament to the quality of education offered at Olin College, the school also landed the #1 spot in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Olin College is $5,574 for bachelor’s degree ee students whose families make $48-$75k.
With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Vanderbilt University did quite well in the 2022 Best Value EE Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #10. Nashville, Tennessee is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out bachelors’s EE degrees to 22 students in 2019-2020.
In addition to being on our bachelor’s degree ee students whose families make $48-$75k list, Vanderbilt has also earned the #18 rank in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. It costs about $8,086 for Bachelor’s Degree EE students whose families make $48-$75k per year to attend Vanderbilt University.
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 1.0%, which is much lower than the national rate of 10.1%. With a student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
California Institute of Technology came in at #11 in this year’s edition of the Best Value EE Schools for a Bachelor’s For Those Making $48-$75k ranking. Pasadena, California is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s EE degrees to 15 students in 2019-2020.
Caltech also took the #14 spot in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. It costs about $8,042 for bachelor’s degree ee students whose families make $48-$75k per year to attend Caltech.
The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. The student-to-faculty ratio of 3 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The low student loan default rate of 1.0% 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 Electrical Engineering at California Institute of Technology
With a ranking of #12, Columbia University in the City of New York did quite well on the 2022 Best Value EE Schools for a Bachelor’s For Those Making $48-$75k list. This large school is located in New York, New York, and it awarded 45 bachelors’s EE degrees in 2019-2020.
Columbia also claimed a top spot on our “Best Electrical Engineering Bachelor’s Degree Schools” list. It’s in the top 10% of all schools reviewed in that analysis. The yearly cost to attend Columbia is $5,887 for Bachelor’s Degree EE students whose families make $48-$75k.
The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an impressive student loan default rate. It’s only 2.1%, which is much lower than the national rate of 10.1%.
Read more about Electrical Engineering at Columbia University in the City of New York
University of California - Berkeley came in at #13 in this year’s edition of the Best Value EE Schools for a Bachelor’s For Those Making $48-$75k ranking. This large school is located in Berkeley, California, and it awarded 452 bachelors’s EE degrees in 2019-2020.
UC Berkeley also made our “Best Electrical Engineering Bachelor’s Degree Schools” list, coming in at #7. The estimated yearly cost for UC Berkeley is $13,081 for bachelor’s degree ee students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 96%, the school does an excellent job of retaining its students.
Read more about Electrical Engineering at University of California - Berkeley
University of Pennsylvania came in at #14 in this year’s edition of the Best Value EE Schools for a Bachelor’s For Those Making $48-$75k ranking. Philadelphia, Pennsylvania is the setting for this large institution of higher learning. The private not-for-profit school handed out bachelors’s EE degrees to 25 students in 2019-2020.
UPenn did well in our major quality rankings, too. It placed #9 on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for University of Pennsylvania is $12,752 for Bachelor’s Degree EE students whose families make $48-$75k.
With a freshman retention rate of 95%, the school does an excellent job of retaining its students. The low student loan default rate of 1.4% 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%. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Johns Hopkins University came in at #15 in this year’s edition of the Best Value EE Schools for a Bachelor’s For Those Making $48-$75k ranking. Johns Hopkins University is a large private not-for-profit school situated in Baltimore, Maryland. It awarded 16 bachelors’s EE degrees in 2019-2020.
In addition to being on this list, Johns Hopkins is in the top on our “Best Electrical Engineering Bachelor’s Degree Schools” list. It’s in the top 10% of all schools in this category. The estimated yearly cost for Johns Hopkins is $9,049 for bachelor’s degree ee students whose families make $48-$75k.
The student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%. The impressive student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
Purdue University - Main Campus did quite well in the 2022 Best Value EE Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #16. Purdue is located in West Lafayette, Indiana and, has a large student population. In 2019-2020, this school awarded 216 bachelors’s EE degrees to qualified students.
As a testament to the quality of education it offers, Purdue is also in the top of our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. It’s ranked in the top 10% of all schools on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Purdue University - Main Campus is $9,654 for Bachelor’s Degree EE students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. 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%.
University of Michigan - Ann Arbor did quite well in the 2022 Best Value EE Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #17. University of Michigan - Ann Arbor is a public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 99 bachelors’s degrees in 2019-2020.
U-M also made our “Best Electrical Engineering Bachelor’s Degree Schools” list, coming in at #17. The yearly cost to attend University of Michigan - Ann Arbor is $10,028 for bachelor’s degree ee students whose families make $48-$75k.
The student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 96%, the school does an excellent job of retaining its students.
Read more about Electrical Engineering at University of Michigan - Ann Arbor
With a ranking of #18, University of Washington - Seattle Campus did quite well on the 2022 Best Value EE Schools for a Bachelor’s For Those Making $48-$75k list. UW Seattle is a public institution located in Seattle, Washington. The school has a large population, and it awarded 224 bachelors’s degrees in 2019-2020.
As a testament to the quality of education it offers, UW Seattle is also in the top of our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. It’s in the top 15% of all schools in this category. It costs about $9,694 for Bachelor’s Degree EE students whose families make $48-$75k per year to attend University of Washington - Seattle Campus.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%.
Full University of Washington - Seattle Campus Electrical Engineering Report
University of Florida did quite well in the 2022 Best Value EE Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #19. University of Florida is a large public school situated in Gainesville, Florida. It awarded 130 bachelors’s EE degrees in 2019-2020.
In addition to being on this list, UF is in the top on our “Best Electrical Engineering Bachelor’s Degree Schools” list. It’s ranked in the top 15% of all schools on our “Best Electrical Engineering Bachelor’s Degree Schools” list. It costs about $8,528 for Bachelor’s Degree EE students whose families make $48-$75k per year to attend UF.
Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The low student loan default rate of 2.0% 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 Electrical Engineering at University of Florida
University of California - Los Angeles landed the #20 spot on the 2022 Best Value EE Schools for a Bachelor’s For Those Making $48-$75k ranking. This large school is located in Los Angeles, California, and it awarded 155 bachelors’s EE degrees in 2019-2020.
UCLA also took the #16 spot in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend University of California - Los Angeles is $13,081 for Bachelor’s Degree EE students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year.
Read full report on Electrical Engineering at University of California - Los Angeles
With a ranking of #21, University of Illinois at Urbana-Champaign did quite well on the 2022 Best Value EE Schools for a Bachelor’s For Those Making $48-$75k list. University of Illinois at Urbana-Champaign is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 221 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at UIUC, the school also landed the #23 spot in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. It costs about $13,351 for Bachelor’s Degree EE students whose families make $48-$75k per year to attend UIUC.
The low student loan default rate of 2.4% 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 94%.
Read full report on Electrical Engineering at University of Illinois at Urbana-Champaign
With a ranking of #22, University of Wisconsin - Madison did quite well on the 2022 Best Value EE Schools for a Bachelor’s For Those Making $48-$75k list. UW - Madison is a large school located in Madison, Wisconsin that handed out 121 bachelors’s EE degrees in 2019-2020.
UW - Madison excels when it comes to EE quality. It’s ranked in the top 15% of all schools on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for UW - Madison is $13,227 for bachelor’s degree ee students whose families make $48-$75k.
With a freshman retention rate of 95%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%.
Read full report on Electrical Engineering at University of Wisconsin - Madison
University of Notre Dame did quite well in the 2022 Best Value EE Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #23. University of Notre Dame is a private not-for-profit institution located in Notre Dame, Indiana. The school has a fairly large population, and it awarded 41 bachelors’s degrees in 2019-2020.
In addition to being on our bachelor’s degree ee students whose families make $48-$75k list, Notre Dame has also earned the #12 rank in our “Best Electrical Engineering Bachelor’s Degree Schools” ranking. It costs about $17,768 for bachelor’s degree ee students whose families make $48-$75k per year to attend Notre Dame.
With a student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Electrical Engineering at University of Notre Dame
The University of Texas Rio Grande Valley did quite well in the 2022 Best Value EE Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #24. The University of Texas Rio Grande Valley is a public institution located in Edinburg, Texas. The school has a large population, and it awarded 64 bachelors’s degrees in 2019-2020.
The yearly cost to attend The University of Texas Rio Grande Valley is $6,405 for bachelor’s degree ee students whose families make $48-$75k.
The low student loan default rate of 4.8% 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 full report on Electrical Engineering at UT Rio Grande Valley
The University of Texas at Austin did quite well in the 2022 Best Value EE Schools for a Bachelor’s For Those Making $48-$75k ranking, coming in at #25. UT Austin is a large public school situated in Austin, Texas. It awarded 359 bachelors’s EE degrees in 2019-2020.
UT Austin not only placed well in this ranking. It is also #11 on our “Best Electrical Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for The University of Texas at Austin is $15,757 for bachelor’s degree ee students whose families make $48-$75k.
The student loan default rate at the school is 2.7%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
Full The University of Texas at Austin Electrical Engineering Report
Rest of the Best 48 in Best Value EE Schools for a Bachelor’s For Those Making $48-$75k
Not only did these schools make the top 48 list, but they also landed in the top 15% of this year’s ranking:
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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 NASA.
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