2022 Best Value Applied Physics Schools for a Bachelor’s in Indiana For Those Making $30-$48k

When it comes to choosing a college, students have a lot of options - but not all of them are good. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Applied Physics Schools for a Bachelor’s in Indiana For Those Making $30-$48k” ranking.

In 2019-2020, 941 people earned their degree in engineering and applied physics, making the major the 440th most popular in the United States.

Across Indiana, there were 14 engineering and applied physics graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 14 engineering and applied physics graduates with average earnings and debt of $39,620 and $24,786 respectively.

This year’s “Best Value Applied Physics Schools for a Bachelor’s in Indiana For Those Making $30-$48k” ranking analyzed 2 colleges that offered a degree in engineering and applied physics. This ranking identifies schools with high-quality engineering and applied physics 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 engineering and applied physics program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.

More Ways to Rank Engineering & Applied Physics Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Applied Physics Schools for a Bachelor’s in Indiana For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Applied Physics Schools for a Bachelor’s in Indiana For Those Making $30-$48k

The colleges and universities below are the best for indiana bachelor’s degree applied physics students whose families make $30-$48k.

Top 2 Best Value Bachelor’s Degree Colleges for Engineering & Applied Physics (Income $30-$48k) in Indiana

#1

Grace College and Theological Seminary

Winona Lake, Indiana

#2 in overall quality

$15,373 Average Net Price

You’ll be in good company if you decide to attend Grace College and Theological Seminary. It ranked #1 on our 2022 Best Value Applied Physics Schools for a Bachelor’s in Indiana For Those Making $30-$48k list. Winona Lake, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s applied physics degrees to 7 students in 2019-2020.

In addition to being on our indiana bachelor’s degree applied physics students whose families make $30-$48k list, Grace College has also earned the #2 rank in our “Best Engineering & Applied Physics Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Grace College is $15,373 for indiana bachelor’s degree applied physics students whose families make $30-$48k.

The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Engineering & Applied Physics at Grace College and Theological Seminary

#2

Rose - Hulman Institute of Technology

Terre Haute, Indiana

#1 in overall quality

$33,304 Average Net Price

Out of the 2 schools in the Best Value Applied Physics Schools for a Bachelor’s in Indiana For Those Making $30-$48k that were part of this year’s ranking, Rose - Hulman Institute of Technology landed the #2 spot on the list. Terre Haute, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s applied physics degrees to 5 students in 2019-2020.

As a testament to the quality of education offered at Rose - Hulman Institute of Technology, the school also landed the #1 spot in our “Best Engineering & Applied Physics Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Rose - Hulman Institute of Technology is $33,304 for indiana bachelor’s degree applied physics students whose families make $30-$48k.

Students who start out at the school are likely to stick around. The freshman retention rate is 90%. The school has an impressive student loan default rate. It’s only 0.2%, which is much lower than the national rate of 10.1%. Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Read full report on Engineering & Applied Physics at Rose - Hulman Institute of Technology

• Best Value Bachelor’s Degree Colleges for Engineering & Applied Physics (Income $30-$48k) in the Great Lakes Region
• Best Value Bachelor’s Degree Colleges for Engineering & Applied Physics (Income $30-$48k)

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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