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

50 Ranked Colleges
652 Degrees Awarded
$9,900 Avg Net Price*
Best Value Engineering Physics Schools for a Bachelor's For Those Making $30-$48k

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 Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k” ranking is part of that endeavor.

Engineering Physics is the 239th most popular major in the country with 941 degrees awarded in 2019-2020. 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.

At the bachelor’s degree level specifically, there were 652 engineering physics graduates with average earnings and debt of $38,303 and $24,501 respectively.

This year’s “Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k” ranking looked at 50 colleges that offer degrees in a bachelor’s 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.

Some of the factors we look at when determining these rankings are overall quality of the engineering physics program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.

More Ways to Rank Engineering Physics Schools

The engineering physics 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 Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k”.

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. 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 Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k

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

Top 25 Best Value Bachelor’s Degree Colleges for Engineering Physics (Income $30-$48k)

#1

Cornell University

Ithaca, New York

You’ll join some of the best and brightest minds around if you attend Cornell University. The school came in at #1 for the Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k. Cornell is a private not-for-profit institution located in Ithaca, New York. The school has a large population, and it awarded 26 bachelors’s degrees in 2019-2020.

Cornell also took the #1 spot in our “Best Engineering Physics Bachelor’s Degree Schools” ranking. It costs about $7,518 for bachelor’s degree engineering physics students whose families make $30-$48k per year to attend Cornell.

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. With a freshman retention rate of 96%, the school does an excellent job of retaining its students. 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%.

Full Cornell University Engineering Physics Report

#2

Brown University

Providence, Rhode Island
#4 in overall quality

You’ll be in good company if you decide to attend Brown University. It ranked #2 on our 2022 Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k list. Providence, Rhode Island is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s engineering physics degrees to 1 students in 2019-2020.

In addition to being on our bachelor’s degree engineering physics students whose families make $30-$48k list, Brown has also earned the #4 rank in our “Best Engineering Physics Bachelor’s Degree Schools” ranking. It costs about $6,684 for bachelor’s degree engineering physics students whose families make $30-$48k per year to attend Brown.

The school has an excellent freshman retention rate of 92%, 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 2.1%, which is much lower than the national 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.

Read more about Engineering Physics at Brown University

#8 in overall quality

You’ll be in good company if you decide to attend Columbia University in the City of New York. It ranked #3 on our 2022 Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k list. This large school is located in New York, New York, and it awarded 9 bachelors’s engineering physics degrees in 2019-2020.

In addition to being on our bachelor’s degree engineering physics students whose families make $30-$48k list, Columbia has also earned the #8 rank in our “Best Engineering Physics Bachelor’s Degree Schools” ranking. It costs about $4,287 for Bachelor’s Degree Engineering Physics students whose families make $30-$48k per year to attend Columbia University in the City of New York.

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. With a freshman retention rate of 95%, the school does an excellent job of retaining its students. The low student loan default rate of 2.1% 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%.

Read more about Engineering Physics at Columbia University in the City of New York

#5 in overall quality

You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #4 on our 2022 Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k list. Ann Arbor, Michigan is the setting for this large institution of higher learning. The public school handed out bachelors’s engineering physics degrees to 16 students in 2019-2020.

U-M also took the #5 spot in our “Best Engineering Physics Bachelor’s Degree Schools” ranking. The estimated yearly cost for University of Michigan - Ann Arbor is $5,887 for bachelor’s degree engineering physics students whose families make $30-$48k.

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 96%.

Read more about Engineering Physics at University of Michigan - Ann Arbor

#5

Dartmouth College

Hanover, New Hampshire
#2 in overall quality

You’ll be in good company if you decide to attend Dartmouth College. It ranked #5 on our 2022 Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k list. Dartmouth College is a medium-sized private not-for-profit school situated in Hanover, New Hampshire. It awarded 2 bachelors’s engineering physics degrees in 2019-2020.

Dartmouth also made our “Best Engineering Physics Bachelor’s Degree Schools” list, coming in at #2. The yearly cost to attend Dartmouth is $4,830 for bachelor’s degree engineering physics students whose families make $30-$48k.

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 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. With a freshman retention rate of 96%, the school does an excellent job of retaining its students.

Read more about Engineering Physics at Dartmouth College

#15 in overall quality

With a ranking of #6, University of Wisconsin - Madison did quite well on the 2022 Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k list. Madison, Wisconsin is the setting for this large institution of higher learning. The public school handed out bachelors’s engineering physics degrees to 3 students in 2019-2020.

UW - Madison not only placed well in this ranking. It is also #15 on our “Best Engineering Physics Bachelor’s Degree Schools” list. It costs about $6,860 for Bachelor’s Degree Engineering Physics students whose families make $30-$48k per year to attend UW - Madison.

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%. With a freshman retention rate of 95%, the school does an excellent job of retaining its students.

Full UW - Madison Engineering Physics Report

With a ranking of #7, University of Illinois at Urbana-Champaign did quite well on the 2022 Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k list. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out bachelors’s engineering physics degrees to 77 students in 2019-2020.

UIUC not only placed well in this ranking. It is also #9 on our “Best Engineering Physics Bachelor’s Degree Schools” list. The estimated yearly cost for University of Illinois at Urbana-Champaign is $8,464 for bachelor’s degree engineering physics students whose families make $30-$48k.

With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%.

Read more about Engineering Physics at UIUC

#8

Tufts University

Medford, Massachusetts
#11 in overall quality

Tufts University ranked #8 on this year’s Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k list. This fairly large school is located in Medford, Massachusetts, and it awarded 2 bachelors’s engineering physics degrees in 2019-2020.

Tufts did well in our major quality rankings, too. It placed #11 on our “Best Engineering Physics Bachelor’s Degree Schools” list. The estimated yearly cost for Tufts University is $6,516 for bachelor’s degree engineering physics students whose families make $30-$48k.

The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The school has an excellent freshman retention rate of 92%, 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 1.2%, which is much lower than the national rate of 10.1%.

Read full report on Engineering Physics at Tufts University

#6 in overall quality

University of California - Berkeley came in at #9 in this year’s edition of the Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k ranking. This large school is located in Berkeley, California, and it awarded 11 bachelors’s engineering physics degrees in 2019-2020.

As a testament to the quality of education offered at UC Berkeley, the school also landed the #6 spot in our “Best Engineering Physics Bachelor’s Degree Schools” ranking. It costs about $9,130 for bachelor’s degree engineering physics students whose families make $30-$48k per year to attend UC Berkeley.

The student loan default rate at the school is 1.7%, 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 full report on Engineering Physics at University of California - Berkeley

#10

California Institute of Technology

Pasadena, California
#3 in overall quality

California Institute of Technology ranked #10 on this year’s Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k list. Pasadena, California is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s engineering physics degrees to 3 students in 2019-2020.

Caltech also made our “Best Engineering Physics Bachelor’s Degree Schools” list, coming in at #3. The yearly cost to attend Caltech is $3,756 for Bachelor’s Degree Engineering Physics students whose families make $30-$48k.

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%. Since the school has a student-to-faculty ratio of 3 to 1, those pursuing a degree will have more opportunities to interact with their professors. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.

Read more about Engineering Physics at California Institute of Technology

#18 in overall quality

Ohio State University - Main Campus did quite well in the 2022 Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k ranking, coming in at #11. Ohio State is a public institution located in Columbus, Ohio. The school has a large population, and it awarded 22 bachelors’s degrees in 2019-2020.

As a testament to the quality of education offered at Ohio State, the school also landed the #18 spot in our “Best Engineering Physics Bachelor’s Degree Schools” ranking. The estimated yearly cost for Ohio State University - Main Campus is $10,037 for bachelor’s degree engineering physics students whose families make $30-$48k.

The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.

Read full report on Engineering Physics at Ohio State University - Main Campus

The University of Texas Rio Grande Valley ranked #12 on this year’s Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k list. Edinburg, Texas is the setting for this large institution of higher learning. The public school handed out bachelors’s engineering physics degrees to 2 students in 2019-2020.

The estimated yearly cost for UT Rio Grande Valley is $3,473 for Bachelor’s Degree Engineering Physics students whose families make $30-$48k.

The student loan default rate at the school is 4.8%, which is quite low when compared to the national default rate of 10.1%.

Full UT Rio Grande Valley Engineering Physics Report

#13

University of Wisconsin - Platteville

Platteville, Wisconsin

University of Wisconsin - Platteville landed the #13 spot on the 2022 Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k ranking. Platteville, Wisconsin is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s engineering physics degrees to 30 students in 2019-2020.

UW - Platteville did well in our major quality rankings, too. It placed #19 on our “Best Engineering Physics Bachelor’s Degree Schools” list. The estimated yearly cost for UW - Platteville is $12,930 for bachelor’s degree engineering physics students whose families make $30-$48k.

Read more about Engineering Physics at UW - Platteville

#14

Colorado School of Mines

Golden, Colorado

With a ranking of #14, Colorado School of Mines did quite well on the 2022 Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k list. Colorado School of Mines is located in Golden, Colorado and, has a medium-sized student population. In 2019-2020, this school awarded 51 bachelors’s engineering physics degrees to qualified students.

In addition to being on our bachelor’s degree engineering physics students whose families make $30-$48k list, Mines has also earned the #7 rank in our “Best Engineering Physics Bachelor’s Degree Schools” ranking. The estimated yearly cost for Colorado School of Mines is $17,832 for Bachelor’s Degree Engineering Physics students whose families make $30-$48k.

Students who start out at the school are likely to stick around. The freshman retention rate is 92%. The student loan default rate at the school is 1.7%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Engineering Physics at Colorado School of Mines

University of Minnesota - Duluth came in at #15 in this year’s edition of the Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k ranking. This fairly large school is located in Duluth, Minnesota, and it awarded 2 bachelors’s engineering physics degrees in 2019-2020.

The yearly cost to attend University of Minnesota - Duluth is $7,992 for Bachelor’s Degree Engineering Physics students whose families make $30-$48k.

The school has an impressive student loan default rate. It’s only 3.1%, which is much lower than the national rate of 10.1%.

Read more about Engineering Physics at University of Minnesota - Duluth

#16

Oakland University

Rochester Hills, Michigan

Oakland University came in at #16 in this year’s edition of the Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k ranking. Oakland University is a fairly large public school situated in Rochester Hills, Michigan. It awarded 2 bachelors’s engineering physics degrees in 2019-2020.

The estimated yearly cost for Oakland is $7,751 for bachelor’s degree engineering physics students whose families make $30-$48k.

Read full report on Engineering Physics at Oakland University

With a ranking of #17, University of California - San Diego did quite well on the 2022 Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k list. UCSD is a large public school situated in La Jolla, California. It awarded 2 bachelors’s engineering physics degrees in 2019-2020.

The estimated yearly cost for UCSD is $9,974 for bachelor’s degree engineering physics students whose families make $30-$48k.

The student loan default rate at the school is 1.5%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.

Read full report on Engineering Physics at University of California - San Diego

#18

Tulane University of Louisiana

New Orleans, Louisiana
#20 in overall quality

Tulane University of Louisiana came in at #18 in this year’s edition of the Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k ranking. Tulane is a fairly large school located in New Orleans, Louisiana that handed out 15 bachelors’s engineering physics degrees in 2019-2020.

Tulane did well in our major quality rankings, too. It placed #20 on our “Best Engineering Physics Bachelor’s Degree Schools” list. The estimated yearly cost for Tulane is $24,632 for bachelor’s degree engineering physics students whose families make $30-$48k.

Since the school has a student-to-faculty ratio of 8 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 92%.

Full Tulane Engineering Physics Report

#19

Murray State University

Murray, Kentucky

Murray State University did quite well in the 2022 Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k ranking, coming in at #19. This medium-sized school is located in Murray, Kentucky, and it awarded 21 bachelors’s engineering physics degrees in 2019-2020.

The yearly cost to attend Murray State is $9,185 for Bachelor’s Degree Engineering Physics students whose families make $30-$48k.

Read more about Engineering Physics at Murray State University

#20

Lehigh University

Bethlehem, Pennsylvania
#17 in overall quality

Lehigh University came in at #20 in this year’s edition of the Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k ranking. Lehigh is a medium-sized private not-for-profit school situated in Bethlehem, Pennsylvania. It awarded 1 bachelors’s engineering physics degrees in 2019-2020.

Lehigh also took the #17 spot in our “Best Engineering Physics Bachelor’s Degree Schools” ranking. It costs about $13,363 for Bachelor’s Degree Engineering Physics students whose families make $30-$48k per year to attend Lehigh.

The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year. The impressive student-to-faculty ratio of 9 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 2.3%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Engineering Physics at Lehigh University

#14 in overall quality

Case Western Reserve University came in at #21 in this year’s edition of the Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k ranking. Case Western Reserve University is a private not-for-profit institution located in Cleveland, Ohio. The school has a fairly large population, and it awarded 8 bachelors’s degrees in 2019-2020.

Case Western did well in our major quality rankings, too. It placed #14 on our “Best Engineering Physics Bachelor’s Degree Schools” list. The yearly cost to attend Case Western is $19,034 for bachelor’s degree engineering physics students whose families make $30-$48k.

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 1.4%, which is much lower than the national rate of 10.1%.

Read more about Engineering Physics at Case Western

#22

University of Connecticut

Storrs, Connecticut
#16 in overall quality

University of Connecticut came in at #22 in this year’s edition of the Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k ranking. University of Connecticut is located in Storrs, Connecticut and, has a large student population. In 2019-2020, this school awarded 15 bachelors’s engineering physics degrees to qualified students.

UCONN not only placed well in this ranking. It is also #16 on our “Best Engineering Physics Bachelor’s Degree Schools” list. The yearly cost to attend UCONN is $14,157 for bachelor’s degree engineering physics students whose families make $30-$48k.

The student loan default rate at the school is 2.6%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.

Read full report on Engineering Physics at University of Connecticut

University of Illinois at Chicago did quite well in the 2022 Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k ranking, coming in at #23. UIC is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 3 bachelors’s engineering physics degrees to qualified students.

The yearly cost to attend University of Illinois at Chicago is $11,185 for bachelor’s degree engineering physics students whose families make $30-$48k.

The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.

Full University of Illinois at Chicago Engineering Physics Report

#24

University of Colorado Boulder

Boulder, Colorado

University of Colorado Boulder ranked #24 on this year’s Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k list. This large school is located in Boulder, Colorado, and it awarded 27 bachelors’s engineering physics degrees in 2019-2020.

The estimated yearly cost for CU - Boulder is $14,361 for bachelor’s degree engineering physics students whose families make $30-$48k.

The school has an impressive student loan default rate. It’s only 3.0%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year.

Full CU - Boulder Engineering Physics Report

With a ranking of #25, New Mexico State University - Main Campus did quite well on the 2022 Best Value Engineering Physics Schools for a Bachelor’s For Those Making $30-$48k list. NMSU Main Campus is a public institution located in Las Cruces, New Mexico. The school has a fairly large population, and it awarded 6 bachelors’s degrees in 2019-2020.

It costs about $7,006 for Bachelor’s Degree Engineering Physics students whose families make $30-$48k per year to attend New Mexico State University - Main Campus.

Full New Mexico State University - Main Campus Engineering Physics Report

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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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