2022 Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $48-$75k

It’s not easy to decide which college to attend when there so many options available for students. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $48-$75k” ranking - to help you make that decision.

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.

This year’s “Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $48-$75k” ranking analyzed 2 colleges that offered 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. 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 in Indiana 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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $48-$75k

The colleges and universities below are the best for indiana bachelor’s degree engineering physics students whose families make $48-$75k.

Top 2 Best Value Bachelor’s Degree Colleges for Engineering Physics (Income $48-$75k) in Indiana

#1

Grace College and Theological Seminary

Winona Lake, Indiana

#2 in overall quality

$20,903 Average Net Price

$59,722 Average Early-Career Earnings

You’ll be in good company if you decide to attend Grace College and Theological Seminary. It ranked #1 on our 2022 Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $48-$75k list. Grace College and Theological Seminary is a small school located in Winona Lake, Indiana that handed out 7 bachelors’s engineering physics degrees in 2019-2020.

As a testament to the quality of education offered at Grace College, the school also landed the #2 spot in our “Best Engineering Physics Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Grace College and Theological Seminary is $20,903 for indiana bachelor’s degree engineering physics students whose families make $48-$75k.

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

$34,599 Average Net Price

Out of the 2 schools in the Best Value Engineering Physics Schools for a Bachelor’s in Indiana For Those Making $48-$75k that were part of this year’s ranking, Rose - Hulman Institute of Technology landed the #2 spot on the list. Rose - Hulman Institute of Technology is a small school located in Terre Haute, Indiana that handed out 5 bachelors’s engineering physics degrees in 2019-2020.

Rose - Hulman Institute of Technology did well in our major quality rankings, too. It placed #1 on our “Best Engineering Physics Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Rose - Hulman Institute of Technology is $34,599 for indiana bachelor’s degree engineering physics students whose families make $48-$75k.

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 excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 0.2%, which is quite low when compared to the national default rate of 10.1%.

Full Rose - Hulman Institute of Technology Engineering Physics Report

• Best Value Bachelor’s Degree Colleges for Engineering Physics (Income $48-$75k) in the Great Lakes Region
• Best Value Bachelor’s Degree Colleges for Engineering Physics (Income $48-$75k)

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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