2022 Best Value Bachelor’s Degree Colleges for Engineering Physics (Income $0-$30k) in Indiana

When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $0-$30k” ranking is part of that endeavor.

In 2019-2020, 941 people earned their degree in engineering physics, making the major the 239th most popular in the United States. In 2017-2018, engineering physics graduates who were awarded their degree in 2015-2017, earned an average of $59,675 and had an average of $20,001 in loans still to pay off.

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

For this year’s “Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $0-$30k” ranking, we looked at 2 colleges that offer a degree in engineering physics. The schools that top this list are recognized because they have great engineering physics 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 engineering physics program at the school. Check out our ranking methodology for more information.

More Ways to Rank Engineering Physics Schools

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $0-$30k” list to help you make the college decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $0-$30k

The following schools top our list of the Best Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $0-$30k.

Top 2 Best Value Bachelor’s Degree Colleges for Engineering Physics (Income $0-$30k) in Indiana

#1

Grace College and Theological Seminary

Winona Lake, Indiana

#2 in overall quality

$17,874 Average Net Price

$59,722 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Grace College and Theological Seminary. The school came in at #1 for the Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $0-$30k. Grace College and Theological Seminary is a small private not-for-profit school situated in Winona Lake, Indiana. It awarded 7 bachelors’s engineering physics degrees in 2019-2020.

Grace College did well in our major quality rankings, too. It placed #2 on our “Best Engineering Physics Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend Grace College and Theological Seminary is $17,874 for Indiana Bachelor’s Degree Engineering Physics students whose families make $0-$30k.

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 more about Engineering Physics at Grace College and Theological Seminary

#2

Rose - Hulman Institute of Technology

Terre Haute, Indiana

#1 in overall quality

$34,275 Average Net Price

You’ll join some of the best and brightest minds around if you attend Rose - Hulman Institute of Technology. The school came in at #2 for the Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $0-$30k. Rose - Hulman Institute of Technology is a small private not-for-profit school situated in Terre Haute, Indiana. It awarded 5 bachelors’s engineering physics degrees 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 Physics Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Rose - Hulman Institute of Technology is $34,275 for indiana bachelor’s degree engineering physics students whose families make $0-$30k.

Students who start out at the school are likely to stick around. The freshman retention rate is 90%. 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. 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%.

Full Rose - Hulman Institute of Technology Engineering Physics Report

• Best Value Bachelor’s Degree Colleges for Engineering Physics (Income $0-$30k) in the Great Lakes Region
• Best Value Bachelor’s Degree Colleges for Engineering Physics (Income $0-$30k)

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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