2022 Best Value Colleges for Electrical Engineering (Income Over $110k) in Minnesota
With all of the options students have for higher education today, it can be tough to choose which direction to take. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Vallue EE Schools in Minnesota For Those Making Over $110k” ranking.
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.
This year’s “Best Vallue EE Schools in Minnesota For Those Making Over $110k” ranking analyzed 5 colleges that offered a degree in electrical engineering. This ranking identifies schools with high-quality electrical engineering programs that also have a lower cost than schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the electrical engineering program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.
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Best Vallue EE Schools in Minnesota For Those Making Over $110k
The colleges and universities below are the best for minnesota ee students whose families make more than $110k.
Top 5 Best Value Colleges for Electrical Engineering (Income Over $110k) in Minnesota
Out of the 5 schools in the Best Vallue EE Schools in Minnesota For Those Making Over $110k that were part of this year’s ranking, Saint Cloud State University landed the #1 spot on the list. Saint Cloud State University is a public institution located in Saint Cloud, Minnesota. The school has a fairly large population, and it awarded 31 ’s degrees in 2019-2020.
St. Cloud State University also took the #5 spot in our “Best Electrical Engineering Schools in Minnesota” ranking. The yearly cost to attend St. Cloud State University is $14,267 for Minnesota EE students whose families make more than $110k.
Read more about Electrical Engineering at Saint Cloud State University
You’ll be in good company if you decide to attend Minnesota State University - Mankato. It ranked #2 on our 2022 Best Vallue EE Schools in Minnesota For Those Making Over $110k list. Minnesota State University - Mankato is a fairly large public school situated in Mankato, Minnesota. It awarded 35 ’s EE degrees in 2019-2020.
As a testament to the quality of education offered at Minnesota State Mankato, the school also landed the #4 spot in our “Best Electrical Engineering Schools in Minnesota” ranking. The estimated yearly cost for Minnesota State University - Mankato is $16,221 for Minnesota EE students whose families make more than $110k.
The low student loan default rate of 4.4% 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%.
Full Minnesota State University - Mankato Electrical Engineering Report
Out of the 5 schools in the Best Vallue EE Schools in Minnesota For Those Making Over $110k that were part of this year’s ranking, University of Minnesota - Twin Cities landed the #3 spot on the list. University of Minnesota - Twin Cities is a large school located in Minneapolis, Minnesota that handed out 187 ’s EE degrees in 2019-2020.
As a testament to the quality of education offered at UMN Twin Cities, the school also landed the #2 spot in our “Best Electrical Engineering Schools in Minnesota” ranking. The estimated yearly cost for UMN Twin Cities is $17,740 for minnesota ee students whose families make more than $110k.
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%. 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 full report on Electrical Engineering at UMN Twin Cities
You’ll join some of the best and brightest minds around if you attend University of Minnesota - Duluth. The school came in at #4 for the Best Vallue EE Schools in Minnesota For Those Making Over $110k. University of Minnesota - Duluth is a fairly large public school situated in Duluth, Minnesota. It awarded 48 ’s EE degrees in 2019-2020.
UMN Duluth also took the #3 spot in our “Best Electrical Engineering Schools in Minnesota” ranking. It costs about $17,067 for Minnesota EE students whose families make more than $110k per year to attend University of Minnesota - Duluth.
The student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%.
Read more about Electrical Engineering at University of Minnesota - Duluth
Out of the 5 schools in the Best Vallue EE Schools in Minnesota For Those Making Over $110k that were part of this year’s ranking, University of St Thomas Minnesota landed the #5 spot on the list. This medium-sized school is located in Saint Paul, Minnesota, and it awarded 38 ’s EE degrees in 2019-2020.
As a testament to the quality of education offered at UST MN, the school also landed the #1 spot in our “Best Electrical Engineering Schools in Minnesota” ranking. It costs about $29,155 for Minnesota EE students whose families make more than $110k 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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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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