2022 Best Value Colleges for General Engineering (Income $48-$75k) in Maryland
With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Engineering Schools in Maryland For Those Making $48-$75k” ranking - to help you make that decision.
General Engineering is the 78th most popular major in the country with 11,925 degrees awarded in 2019-2020. In 2017-2018, general engineering graduates who were awarded their degree in 2015-2017, earned an average of $66,152 and had an average of $20,077 in loans still to pay off.
Across Maryland, there were 821 general engineering graduates with average earnings and debt of $76,350 and $20,606 respectively.
This year’s “Best Value Engineering Schools in Maryland For Those Making $48-$75k” ranking looked at 5 colleges that offer degrees in a bachelor’s in general engineering. This ranking identifies schools with high-quality general engineering programs that also have a lower cost than schools of similar quality.
Some of the factors we look at when determining these rankings are overall quality of the general engineering 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.
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One Size Does Not Fit All
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 Schools in Maryland For Those Making $48-$75k” list to help you make the college decision.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value Engineering Schools in Maryland For Those Making $48-$75k
The colleges and universities below are the best for maryland engineering students whose families make $48-$75k.
Top 5 Best Value Colleges for General Engineering (Income $48-$75k) in Maryland
Out of the 5 schools in the Best Value Engineering Schools in Maryland For Those Making $48-$75k that were part of this year’s ranking, Johns Hopkins University landed the #1 spot on the list. Johns Hopkins is a large private not-for-profit school situated in Baltimore, Maryland. It awarded 2 ’s engineering degrees in 2019-2020.
Johns Hopkins also took the #2 spot in our “Best General Engineering Schools in Maryland” ranking. It costs about $9,049 for Maryland Engineering students whose families make $48-$75k per year to attend Johns Hopkins.
The low student loan default rate of 1.3% 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%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read more about General Engineering at Johns Hopkins University
You’ll be in good company if you decide to attend University of Maryland - College Park. It ranked #2 on our 2022 Best Value Engineering Schools in Maryland For Those Making $48-$75k list. UMCP is a large school located in College Park, Maryland that handed out 406 ’s engineering degrees in 2019-2020.
In addition to being on our maryland engineering students whose families make $48-$75k list, UMCP has also earned the #1 rank in our “Best General Engineering Schools in Maryland” ranking. The estimated yearly cost for University of Maryland - College Park is $18,418 for Maryland Engineering students whose families make $48-$75k.
With a freshman retention rate of 95%, the school does an excellent job of retaining its students. The low student loan default rate of 2.4% 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%.
Out of the 5 schools in the Best Value Engineering Schools in Maryland For Those Making $48-$75k that were part of this year’s ranking, Frostburg State University landed the #3 spot on the list. Frostburg State is a small public school situated in Frostburg, Maryland. It awarded 38 ’s engineering degrees in 2019-2020.
Frostburg State did well in our major quality rankings, too. It placed #4 on our “Best General Engineering Schools in Maryland” list. The estimated yearly cost for Frostburg State is $18,634 for maryland engineering students whose families make $48-$75k.
You’ll join some of the best and brightest minds around if you attend Morgan State University. The school came in at #4 for the Best Value Engineering Schools in Maryland For Those Making $48-$75k. This medium-sized school is located in Baltimore, Maryland, and it awarded 28 ’s engineering degrees in 2019-2020.
Morgan State did well in our major quality rankings, too. It placed #5 on our “Best General Engineering Schools in Maryland” list. The yearly cost to attend Morgan State University is $18,991 for Maryland Engineering students whose families make $48-$75k.
You’ll be in good company if you decide to attend Loyola University Maryland. It ranked #5 on our 2022 Best Value Engineering Schools in Maryland For Those Making $48-$75k list. This medium-sized school is located in Baltimore, Maryland, and it awarded 39 ’s engineering degrees in 2019-2020.
As a testament to the quality of education offered at Loyola Maryland, the school also landed the #3 spot in our “Best General Engineering Schools in Maryland” ranking. The estimated yearly cost for Loyola Maryland is $33,680 for maryland engineering students whose families make $48-$75k.
The school has an excellent freshman retention rate of 87%, 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 2.3%, which is much lower than the national rate of 10.1%.
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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 Rémi Kaupp.
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