2022 Best Value IE Schools for a Bachelor’s For Those Making $0-$30k
With all of the options students have for higher education today, it can be tough to choose which direction to take. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value IE Schools for a Bachelor’s For Those Making $0-$30k” ranking.
In 2019-2020, 9,448 people earned their degree in industrial engineering, making the major the 86th most popular in the United States. In 2017-2018, industrial engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,716 and had an average of $22,994 in loans still to pay off.
At the bachelor’s degree level specifically, there were 6,022 industrial engineering graduates with average earnings and debt of $38,303 and $24,501 respectively.
For this year’s “Best Value IE Schools for a Bachelor’s For Those Making $0-$30k” ranking, we looked at 99 colleges that offer a degree in industrial engineering. Not only do the schools that top this list have excellent industrial engineering programs, but they also 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 industrial engineering program at the school. Check out our ranking methodology for more information.
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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value IE Schools for a Bachelor’s For Those Making $0-$30k” list, to help you choose the best school for you.
One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important 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 IE Schools for a Bachelor’s For Those Making $0-$30k
The colleges and universities below are the best for bachelor’s degree ie students whose families make $0-$30k.
Top 25 Best Value Bachelor’s Degree Colleges for Industrial Engineering (Income $0-$30k)
Out of the 99 schools in the Best Value IE Schools for a Bachelor’s For Those Making $0-$30k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Northwestern University is a large private not-for-profit school situated in Evanston, Illinois. It awarded 87 bachelors’s IE degrees in 2019-2020.
Northwestern also made our “Best Industrial Engineering Bachelor’s Degree Schools” list, coming in at #1. It costs about $1,866 for bachelor’s degree ie students whose families make $0-$30k per year to attend Northwestern.
The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.
You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #2 on our 2022 Best Value IE Schools for a Bachelor’s For Those Making $0-$30k list. University of Michigan - Ann Arbor is located in Ann Arbor, Michigan and, has a large student population. In 2019-2020, this school awarded 184 bachelors’s IE degrees to qualified students.
As a testament to the quality of education offered at U-M, the school also landed the #3 spot in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend U-M is $3,166 for Bachelor’s Degree IE students whose families make $0-$30k.
The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. 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%.
Full University of Michigan - Ann Arbor Industrial Engineering Report
You’ll join some of the best and brightest minds around if you attend University of Wisconsin - Madison. The school came in at #3 for the Best Value IE Schools for a Bachelor’s For Those Making $0-$30k. University of Wisconsin - Madison is a large school located in Madison, Wisconsin that handed out 116 bachelors’s IE degrees in 2019-2020.
UW - Madison also made our “Best Industrial Engineering Bachelor’s Degree Schools” list, coming in at #8. The estimated yearly cost for University of Wisconsin - Madison is $4,367 for bachelor’s degree ie students whose families make $0-$30k.
The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%.
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #4 on our 2022 Best Value IE Schools for a Bachelor’s For Those Making $0-$30k list. UIUC is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 68 bachelors’s degrees in 2019-2020.
UIUC not only placed well in this ranking. It is also #10 on our “Best Industrial Engineering Bachelor’s Degree Schools” list. The yearly cost to attend University of Illinois at Urbana-Champaign is $5,477 for Bachelor’s Degree IE students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 94%. 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 full report on Industrial Engineering at University of Illinois at Urbana-Champaign
Out of the 99 schools in the Best Value IE Schools for a Bachelor’s For Those Making $0-$30k that were part of this year’s ranking, Purdue University - Main Campus landed the #5 spot on the list. West Lafayette, Indiana is the setting for this large institution of higher learning. The public school handed out bachelors’s IE degrees to 276 students in 2019-2020.
Purdue not only placed well in this ranking. It is also #7 on our “Best Industrial Engineering Bachelor’s Degree Schools” list. The yearly cost to attend Purdue is $5,483 for bachelor’s degree ie students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.
Georgia Institute of Technology - Main Campus landed the #6 spot on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $0-$30k ranking. Located in Atlanta, Georgia, this large public school handed out 395 diplomas to qualified bachelors’s IE students in 2019-2020.
Georgia Tech did well in our major quality rankings, too. It placed #2 on our “Best Industrial Engineering Bachelor’s Degree Schools” list. The yearly cost to attend Georgia Institute of Technology - Main Campus is $9,162 for Bachelor’s Degree IE students whose families make $0-$30k.
The student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 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.
University of Washington - Seattle Campus did quite well in the 2022 Best Value IE Schools for a Bachelor’s For Those Making $0-$30k ranking, coming in at #7. University of Washington - Seattle Campus is a large public school situated in Seattle, Washington. It awarded 58 bachelors’s IE degrees in 2019-2020.
UW Seattle did well in our major quality rankings, too. It placed #22 on our “Best Industrial Engineering Bachelor’s Degree Schools” list. It costs about $7,850 for Bachelor’s Degree IE students whose families make $0-$30k per year to attend University of Washington - Seattle Campus.
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%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.
Full University of Washington - Seattle Campus Industrial Engineering Report
With a ranking of #8, Ohio State University - Main Campus did quite well on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $0-$30k list. This large school is located in Columbus, Ohio, and it awarded 122 bachelors’s IE 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 Industrial Engineering Bachelor’s Degree Schools” ranking. It costs about $8,194 for Bachelor’s Degree IE students whose families make $0-$30k per year to attend Ohio State.
With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The low student loan default rate of 4.4% 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%.
University of Central Florida landed the #9 spot on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $0-$30k ranking. University of Central Florida is located in Orlando, Florida and, has a large student population. In 2019-2020, this school awarded 145 bachelors’s IE degrees to qualified students.
The yearly cost to attend UCF is $6,211 for bachelor’s degree ie students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 4.2%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 92%, the school does an excellent job of retaining its students.
Read more about Industrial Engineering at University of Central Florida
With a ranking of #10, Florida State University did quite well on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $0-$30k list. Located in Tallahassee, Florida, this large public school awarded 39 diplomas to qualified bachelors’s IE students in 2019-2020.
The estimated yearly cost for Florida State is $5,360 for bachelor’s degree ie students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 95%. The school has an impressive student loan default rate. It’s only 3.5%, which is much lower than the national rate of 10.1%.
Read more about Industrial Engineering at Florida State University
North Carolina State University landed the #11 spot on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $0-$30k ranking. North Carolina State University is a large school located in Raleigh, North Carolina that handed out 88 bachelors’s IE degrees in 2019-2020.
In addition to being on our bachelor’s degree ie students whose families make $0-$30k list, NC State has also earned the #23 rank in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. It costs about $7,285 for Bachelor’s Degree IE students whose families make $0-$30k per year to attend NC State.
With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%.
University of South Florida - Main Campus landed the #12 spot on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $0-$30k ranking. Located in Tampa, Florida, this large public school handed out 80 degrees to qualified bachelors’s IE students in 2019-2020.
The yearly cost to attend USF Tampa is $3,950 for bachelor’s degree ie students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 92%, the school does an excellent job of retaining its students.
Read full report on Industrial Engineering at University of South Florida - Main Campus
University of Minnesota - Twin Cities landed the #13 spot on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $0-$30k ranking. UMN Twin Cities is a large school located in Minneapolis, Minnesota that handed out 88 bachelors’s IE degrees in 2019-2020.
It costs about $7,266 for Bachelor’s Degree IE students whose families make $0-$30k per year to attend University of Minnesota - Twin Cities.
With a freshman retention rate of 93%, the school does an excellent job of retaining its students. 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%.
Columbia University in the City of New York ranked #14 on this year’s Best Value IE Schools for a Bachelor’s For Those Making $0-$30k list. Columbia is a large school located in New York, New York that handed out 11 bachelors’s IE degrees in 2019-2020.
Columbia did well in our major quality rankings, too. It placed #12 on our “Best Industrial Engineering Bachelor’s Degree Schools” list. The yearly cost to attend Columbia is $8,916 for Bachelor’s Degree IE students whose families make $0-$30k.
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%. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year.
Read full report on Industrial Engineering at Columbia University in the City of New York
Northeastern University came in at #15 in this year’s edition of the Best Value IE Schools for a Bachelor’s For Those Making $0-$30k ranking. Northeastern University is located in Boston, Massachusetts and, has a large student population. In 2019-2020, this school awarded 68 bachelors’s IE degrees to qualified students.
In addition to being on our bachelor’s degree ie students whose families make $0-$30k list, Northeastern has also earned the #11 rank in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. It costs about $10,239 for Bachelor’s Degree IE students whose families make $0-$30k per year to attend Northeastern University.
The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.
With a ranking of #16, Virginia Tech did quite well on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $0-$30k list. Blacksburg, Virginia is the setting for this large institution of higher learning. The public school handed out bachelors’s IE degrees to 184 students in 2019-2020.
Virginia Tech also made our “Best Industrial Engineering Bachelor’s Degree Schools” list, coming in at #6. It costs about $11,138 for bachelor’s degree ie students whose families make $0-$30k per year to attend Virginia Tech.
The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. The low student loan default rate of 1.6% 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%.
Texas A&M University - College Station did quite well in the 2022 Best Value IE Schools for a Bachelor’s For Those Making $0-$30k ranking, coming in at #17. Located in College Station, Texas, this large public school awarded 151 diplomas to qualified bachelors’s IE students in 2019-2020.
Texas A&M College Station not only placed well in this ranking. It is also #13 on our “Best Industrial Engineering Bachelor’s Degree Schools” list. The yearly cost to attend Texas A&M College Station is $11,454 for Bachelor’s Degree IE students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
Full Texas A&M College Station Industrial Engineering Report
Iowa State University did quite well in the 2022 Best Value IE Schools for a Bachelor’s For Those Making $0-$30k ranking, coming in at #18. Iowa State is a large school located in Ames, Iowa that handed out 124 bachelors’s IE degrees in 2019-2020.
Iowa State also took the #24 spot in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. It costs about $10,054 for Bachelor’s Degree IE students whose families make $0-$30k per year to attend Iowa State.
The student loan default rate at the school is 3.3%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year.
Read full report on Industrial Engineering at Iowa State University
Arizona State University - Tempe did quite well in the 2022 Best Value IE Schools for a Bachelor’s For Those Making $0-$30k ranking, coming in at #19. Located in Tempe, Arizona, this large public school handed out 115 diplomas to qualified bachelors’s IE students in 2019-2020.
The yearly cost to attend ASU - Tempe is $7,044 for Bachelor’s Degree IE students whose families make $0-$30k.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
University of Wisconsin - Platteville landed the #20 spot on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $0-$30k ranking. UW - Platteville is a medium-sized public school situated in Platteville, Wisconsin. It awarded 54 bachelors’s IE degrees in 2019-2020.
The estimated yearly cost for University of Wisconsin - Platteville is $12,117 for Bachelor’s Degree IE students whose families make $0-$30k.
California Polytechnic State University - San Luis Obispo ranked #21 on this year’s Best Value IE Schools for a Bachelor’s For Those Making $0-$30k list. Cal Poly San Luis Obispo is a public institution located in San Luis Obispo, California. The school has a large population, and it awarded 96 bachelors’s degrees in 2019-2020.
Cal Poly San Luis Obispo also made our “Best Industrial Engineering Bachelor’s Degree Schools” list, coming in at #14. The yearly cost to attend California Polytechnic State University - San Luis Obispo is $12,475 for Bachelor’s Degree IE students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The low student loan default rate of 1.1% 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%.
With a ranking of #22, SUNY Maritime College did quite well on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $0-$30k list. SUNY Maritime College is a small public school situated in Throggs Neck, New York. It awarded 23 bachelors’s IE degrees in 2019-2020.
SUNY Maritime College also took the #20 spot in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend SUNY Maritime College is $10,751 for bachelor’s degree ie students whose families make $0-$30k.
The low student loan default rate of 2.6% 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 full report on Industrial Engineering at SUNY Maritime College
University of Minnesota - Duluth landed the #23 spot on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $0-$30k ranking. University of Minnesota - Duluth is a public institution located in Duluth, Minnesota. The school has a fairly large population, and it awarded 16 bachelors’s degrees in 2019-2020.
The yearly cost to attend University of Minnesota - Duluth is $7,443 for bachelor’s degree ie students whose families make $0-$30k.
The student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%.
Full University of Minnesota - Duluth Industrial Engineering Report
Oakland University landed the #24 spot on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $0-$30k ranking. Oakland University is located in Rochester Hills, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 31 bachelors’s IE degrees to qualified students.
The yearly cost to attend Oakland University is $7,490 for Bachelor’s Degree IE students whose families make $0-$30k.
Texas Tech University ranked #25 on this year’s Best Value IE Schools for a Bachelor’s For Those Making $0-$30k list. Located in Lubbock, Texas, this large public school awarded 76 degrees to qualified bachelors’s IE students in 2019-2020.
The yearly cost to attend Texas Tech is $12,317 for Bachelor’s Degree IE students whose families make $0-$30k.
With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
Read full report on Industrial Engineering at Texas Tech University
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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.
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