2022 Best Value Engineering Schools in Massachusetts For Those Getting Aid
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 Massachusetts For Those Getting Aid” 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 Massachusetts, there were 565 general engineering graduates with average earnings and debt of $64,850 and $12,725 respectively.
This year’s “Best Value Engineering Schools in Massachusetts For Those Getting Aid” ranking analyzed 5 colleges that offered a degree in general engineering. This ranking identifies schools with high-quality general engineering programs that also have a lower cost than schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the general engineering program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Engineering Schools in Massachusetts For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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 Schools in Massachusetts For Those Getting Aid
The following schools top our list of the Best Best Value Engineering Schools in Massachusetts For Those Getting Aid.
Top 5 Best Value Colleges for General Engineering in Massachusetts (With Aid)
Out of the 5 schools in the Best Value Engineering Schools in Massachusetts For Those Getting Aid that were part of this year’s ranking, Olin College landed the #1 spot on the list. Olin College is located in Needham, Massachusetts and, has a small student population. In 2019-2020, this school awarded 35 ’s engineering degrees to qualified students.
As a testament to the quality of education offered at Olin College, the school also landed the #1 spot in our “Best General Engineering Schools in Massachusetts” ranking. The estimated yearly cost for Olin College is $20,540 for Massachusetts Engineering students with aid.
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.
You’ll be in good company if you decide to attend Smith College. It ranked #2 on our 2022 Best Value Engineering Schools in Massachusetts For Those Getting Aid list. Smith College is a small private not-for-profit school situated in Northampton, Massachusetts. It awarded 49 ’s engineering degrees in 2019-2020.
Smith also took the #4 spot in our “Best General Engineering Schools in Massachusetts” ranking. The yearly cost to attend Smith is $28,305 for Massachusetts Engineering students with aid.
The school has an impressive student loan default rate. It’s only 1.1%, which is much lower than the national rate of 10.1%. The impressive student-to-faculty ratio of 7 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
You’ll join some of the best and brightest minds around if you attend Tufts University. The school came in at #3 for the Best Value Engineering Schools in Massachusetts For Those Getting Aid. Located in Medford, Massachusetts, this fairly large private not-for-profit school awarded 3 diplomas to qualified ’s engineering students in 2019-2020.
Tufts also made our “Best General Engineering Schools in Massachusetts” list, coming in at #3. It costs about $30,744 for Massachusetts Engineering students with aid per year to attend Tufts.
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%. The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year. 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.
You’ll join some of the best and brightest minds around if you attend Northeastern University. The school came in at #4 for the Best Value Engineering Schools in Massachusetts For Those Getting Aid. Boston, Massachusetts is the setting for this large institution of higher learning. The private not-for-profit school handed out ’s engineering degrees to 267 students in 2019-2020.
Northeastern not only placed well in this ranking. It is also #2 on our “Best General Engineering Schools in Massachusetts” list. The estimated yearly cost for Northeastern is $31,093 for Massachusetts Engineering students with aid.
The low student loan default rate of 2.2% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.
You’ll join some of the best and brightest minds around if you attend Wentworth Institute of Technology. The school came in at #5 for the Best Value Engineering Schools in Massachusetts For Those Getting Aid. Boston, Massachusetts is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s engineering degrees to 27 students in 2019-2020.
WIT also took the #5 spot in our “Best General Engineering Schools in Massachusetts” ranking. It costs about $36,113 for Massachusetts Engineering students with aid per year to attend Wentworth Institute of Technology.
The student loan default rate at the school is 3.0%, which is quite low when compared to the national default rate of 10.1%.
- Best Value Colleges for General Engineering in the New England Region (With Aid)
- Best Value Colleges for General Engineering (With Aid)
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General Engineering students in Massachusetts
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General Engineering students with family income $75-$110k in Massachusetts
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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