2027 Best Value Engineering Physics Bachelor’s Degree Schools
[Engineering Physics](/majors/engineering/engineering-physics/) degree programs vary widely in price and payoff across the country. A high-value program keeps cost low while graduates go on to earn well.
College Factual analyzed 16 schools to build this 2027 ranking of the best value engineering physics schools.
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2027 Best Value Engineering Physics Schools in the United States
If you want to know which schools deliver the best value for the engineering physics degrees they offer, see the list below.
Best Value Engineering Physics Schools
University Of Michigan Ann Arbor tops our 2027 list of the best value engineering physics schools in the United States. Located in the city of Ann Arbor, University Of Michigan Ann Arbor is a very large public university. Expect in-state tuition and fees of around $18,848, while out-of-state students pay about $63,081. Typical student debt for engineering physics graduates is $19,137. Engineering Physics graduates of University Of Michigan Ann Arbor earn a median of $66,254 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. Roughly 16% of applicants are accepted.
University Of California Berkeley came in at #2 on our 2027 list of the best value engineering physics schools. University Of California Berkeley is a very large public school located in the city of Berkeley. In-state tuition and fees average $15,377, with out-of-state students paying around $47,265. Students borrow a median of $14,238 to complete the engineering physics program here. Early-career engineering physics graduates make about $70,847. That is a strong return on a $14,238 median debt. University Of California Berkeley admits about 11% of applicants.
University Of Illinois At Urbana Champaign is a great value for students pursuing a degree in engineering physics, landing the #3 spot this year. Located in the city of Champaign, University Of Illinois At Urbana Champaign is a very large public university. In-state tuition and fees average $18,267, with out-of-state students paying around $40,096. Students borrow a median of $20,136 to complete the engineering physics program here. Early-career engineering physics graduates make about $64,304. Set against $20,136 in median debt, that is a healthy payoff. The acceptance rate is 42%.
Murray State University is a great value for students pursuing a degree in engineering physics, landing the #4 spot this year. Located in the town of Murray, Murray State University is a large public university. In-state tuition and fees average $9,900, while out-of-state students pay about $19,836. Typical student debt for engineering physics graduates is $19,521. Engineering Physics graduates of Murray State University earn a median of $58,025 early in their careers. Set against $19,521 in median debt, that is a healthy payoff. Murray State University admits about 86% of applicants.
The strong cost-to-outcome balance at Ohio State University Main Campus earned it the #5 place for engineering physics. Located in the city of Columbus, Ohio State University Main Campus is a very large public university. The average in-state cost of tuition and fees is $13,244, with out-of-state students paying around $40,022. Typical student debt for engineering physics graduates is $22,053. Soon after graduation, engineering physics degree recipients from Ohio State University Main Campus generally make around $58,088. Set against $22,053 in median debt, that is a healthy payoff. Roughly 61% of applicants are accepted.
Delaware State University landed the #6 spot for engineering physics value this year. Located in the city of Dover, Delaware State University is a moderately-sized public university. The average in-state cost of tuition and fees is $10,670, while out-of-state students pay about $20,634. Engineering Physics graduates carry a median of $31,000 in student loans. Soon after graduation, engineering physics degree recipients from Delaware State University generally make around $54,210. Weighed against typical debt, the earnings make a compelling case for value. Delaware State University admits about 47% of applicants.
Columbia University In The City Of New York placed #7 among the best values for engineering physics. Located in the city of New York, Columbia University In The City Of New York is a very large private not-for-profit university. The average in-state cost of tuition and fees is $70,517. Engineering Physics graduates carry a median of $23,258 in student loans. Soon after graduation, engineering physics degree recipients from Columbia University In The City Of New York generally make around $86,770. Weighed against typical debt, the earnings make a compelling case for value. Roughly 4% of applicants are accepted.
University Of Colorado Boulder placed #8 among the best values for engineering physics. Set in the city of Boulder, University Of Colorado Boulder is a very large public institution. Expect in-state tuition and fees of around $15,214, compared with $42,970 for out-of-state students. Students borrow a median of $20,373 to complete the engineering physics program here. Engineering Physics graduates of University Of Colorado Boulder earn a median of $55,861 early in their careers. Set against $20,373 in median debt, that is a healthy payoff. Roughly 78% of applicants are accepted.
Cornell University landed the #9 spot for engineering physics value this year. Located in the city of Ithaca, Cornell University is a very large private not-for-profit university. In-state tuition and fees average $69,314. Typical student debt for engineering physics graduates is $15,005. Soon after graduation, engineering physics degree recipients from Cornell University generally make around $75,976. That is a strong return on a $15,005 median debt. Cornell University admits about 9% of applicants.
Colorado School Of Mines landed the #10 spot for engineering physics value this year. Located in the suburb of Golden, Colorado School Of Mines is a moderately-sized public university. The average in-state cost of tuition and fees is $21,914, while out-of-state students pay about $45,824. Typical student debt for engineering physics graduates is $21,500. Engineering Physics graduates of Colorado School Of Mines earn a median of $72,858 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 61%.
Biola University ranked #11 on our 2027 list of the best value engineering physics schools. Set in the suburb of La Mirada, Biola University is a moderately-sized private not-for-profit institution. The average in-state cost of tuition and fees is $48,984. Students borrow a median of $25,308 to complete the engineering physics program here. Engineering Physics graduates of Biola University earn a median of $45,003 early in their careers. That is a strong return on a $25,308 median debt. Biola University admits about 74% of applicants.
Siena College earned the #12 position for value in engineering physics this year. Siena College is a mid-sized private not-for-profit school located in the suburb of Loudonville. Students from in state pay about $45,805 in tuition and fees. Engineering Physics graduates carry a median of $26,656 in student loans. Soon after graduation, engineering physics degree recipients from Siena College generally make around $44,535. That is a strong return on a $26,656 median debt. Roughly 69% of applicants are accepted.
Tufts University placed #13 among the best values for engineering physics. Located in the suburb of Medford, Tufts University is a large private not-for-profit university. In-state tuition and fees average $70,704. Typical student debt for engineering physics graduates is $17,074. Soon after graduation, engineering physics degree recipients from Tufts University generally make around $68,154. That is a strong return on a $17,074 median debt. The acceptance rate is 12%.
Tulane University Of Louisiana placed #14 among the best values for engineering physics. Set in the city of New Orleans, Tulane University Of Louisiana is a large private not-for-profit institution. Expect in-state tuition and fees of around $68,678. Engineering Physics graduates carry a median of $22,077 in student loans. Soon after graduation, engineering physics degree recipients from Tulane University Of Louisiana generally make around $53,507. Set against $22,077 in median debt, that is a healthy payoff. Roughly 14% of applicants are accepted.
Embry Riddle Aeronautical University Daytona Beach placed #15 among the best values for engineering physics. Located in the city of Daytona Beach, Embry Riddle Aeronautical University Daytona Beach is a large private not-for-profit university. The average in-state cost of tuition and fees is $44,074. Students borrow a median of $23,667 to complete the engineering physics program here. Soon after graduation, engineering physics degree recipients from Embry Riddle Aeronautical University Daytona Beach generally make around $56,889. That is a strong return on a $23,667 median debt. Embry Riddle Aeronautical University Daytona Beach admits about 65% of applicants.
Fordham University ranked #16 on our 2027 list of the best value engineering physics schools. Fordham University is a large private not-for-profit school located in the city of Bronx. Students from in state pay about $64,470 in tuition and fees. Students borrow a median of $25,643 to complete the engineering physics program here. Early-career engineering physics graduates make about $59,403. That is a strong return on a $25,643 median debt. The acceptance rate is 59%.
Other Engineering Physics Degree Levels
Explore the best-value engineering physics schools at other degree levels:
View All Engineering Physics Rankings >
Notes and References
This list is compiled by College Factual (MF_RANKING_2025), 2027 edition. The methodology weighs the cost of a degree against the earnings graduates go on to achieve, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Major Best Value · 16 schools evaluated.
*Averages shown above reflect the top 16 ranked schools only.
- 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).
More about our data sources and methodologies.
