2022 Best Value Master’s Degree Colleges for Industrial Engineering (Income $0-$30k)
When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value IE Schools for a Master’s For Those Making $0-$30k” ranking - to help you make that decision.
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 master’s degree level specifically, there were 2,617 industrial engineering graduates with average earnings and debt of $56,398 and $43,194 respectively.
For this year’s “Best Value IE Schools for a Master’s For Those Making $0-$30k” ranking, we looked at 83 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.
When determining these rankings, we looked at things such as overall quality of the industrial engineering program at the school and the cost to attend the school once aid has been awarded. 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 IE Schools for a Master’s For Those Making $0-$30k” list to help you make the college decision.
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 IE Schools for a Master’s For Those Making $0-$30k
The colleges and universities below are the best for master’s degree ie students whose families make $0-$30k.
Top 25 Best Value Master’s Degree Colleges for Industrial Engineering (Income $0-$30k)
Out of the 83 schools in the Best Value IE Schools for a Master’s For Those Making $0-$30k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Located in Evanston, Illinois, this large private not-for-profit school handed out 15 degrees to qualified masters’s IE students in 2019-2020.
In addition to being on our master’s degree ie students whose families make $0-$30k list, Northwestern has also earned the #2 rank in our “Best Industrial Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Northwestern are $56,567, but some majors have different tuition rates.
Out of the 83 schools in the Best Value IE Schools for a Master’s For Those Making $0-$30k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #2 spot on the list. University of Michigan - Ann Arbor is a large school located in Ann Arbor, Michigan that handed out 66 masters’s IE degrees in 2019-2020.
U-M also took the #4 spot in our “Best Industrial Engineering Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548.
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 Master’s For Those Making $0-$30k. This large school is located in Madison, Wisconsin, and it awarded 29 masters’s IE degrees in 2019-2020.
UW - Madison did well in our major quality rankings, too. It placed #10 on our “Best Industrial Engineering Master’s Degree Schools” list. Average graduate tuition and fees at UW - Madison are $25,523, but you may pay more or less depending on your major.
You’ll be in good company if you decide to attend University of Washington - Seattle Campus. It ranked #4 on our 2022 Best Value IE Schools for a Master’s For Those Making $0-$30k list. This large school is located in Seattle, Washington, and it awarded 26 masters’s IE degrees in 2019-2020.
UW Seattle did well in our major quality rankings, too. It placed #12 on our “Best Industrial Engineering Master’s Degree Schools” list. Average graduate tuition and fees at University of Washington - Seattle Campus are $30,294, but some majors have different tuition rates.
Full University of Washington - Seattle Campus Industrial Engineering Report
Out of the 83 schools in the Best Value IE Schools for a Master’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. Purdue is a large school located in West Lafayette, Indiana that handed out 81 masters’s IE degrees in 2019-2020.
Purdue also took the #11 spot in our “Best Industrial Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Purdue University - Main Campus are $28,794, but some majors have different tuition rates.
University of Illinois at Urbana-Champaign landed the #6 spot on the 2022 Best Value IE Schools for a Master’s For Those Making $0-$30k ranking. University of Illinois at Urbana-Champaign is a large public school situated in Champaign, Illinois. It awarded 13 masters’s IE degrees in 2019-2020.
UIUC not only placed well in this ranking. It is also #18 on our “Best Industrial Engineering Master’s Degree Schools” list. Average graduate tuition and fees at University of Illinois at Urbana-Champaign are $30,083, but some majors have different tuition rates.
Columbia University in the City of New York landed the #7 spot on the 2022 Best Value IE Schools for a Master’s For Those Making $0-$30k ranking. Columbia is a large school located in New York, New York that handed out 99 masters’s IE degrees in 2019-2020.
As a testament to the quality of education offered at Columbia, the school also landed the #1 spot in our “Best Industrial Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Columbia University in the City of New York are $51,194, but some majors have different tuition rates.
Full Columbia University in the City of New York Industrial Engineering Report
Georgia Institute of Technology - Main Campus ranked #8 on this year’s Best Value IE Schools for a Master’s For Those Making $0-$30k list. Georgia Institute of Technology - Main Campus is located in Atlanta, Georgia and, has a large student population. In 2019-2020, this school awarded 65 masters’s IE degrees to qualified students.
In addition to being on our master’s degree ie students whose families make $0-$30k list, Georgia Tech has also earned the #9 rank in our “Best Industrial Engineering Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Georgia Institute of Technology - Main Campus are $31,334.
Full Georgia Institute of Technology - Main Campus Industrial Engineering Report
Northeastern University landed the #9 spot on the 2022 Best Value IE Schools for a Master’s For Those Making $0-$30k ranking. Boston, Massachusetts is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s IE degrees to 110 students in 2019-2020.
As a testament to the quality of education offered at Northeastern, the school also landed the #5 spot in our “Best Industrial Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Northeastern University are $25,558, but you may pay more or less depending on your major.
North Carolina State University landed the #10 spot on the 2022 Best Value IE Schools for a Master’s For Those Making $0-$30k ranking. NC State is located in Raleigh, North Carolina and, has a large student population. In 2019-2020, this school awarded 52 masters’s IE degrees to qualified students.
As a testament to the quality of education offered at NC State, the school also landed the #17 spot in our “Best Industrial Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at North Carolina State University are $28,999, but some majors have different tuition rates.
With a ranking of #11, University of Central Florida did quite well on the 2022 Best Value IE Schools for a Master’s For Those Making $0-$30k list. University of Central Florida is a public institution located in Orlando, Florida. The school has a large population, and it awarded 48 masters’s degrees in 2019-2020.
Average graduate tuition and fees at University of Central Florida are $28,657, but some majors have different tuition rates.
Ohio State University - Main Campus landed the #12 spot on the 2022 Best Value IE Schools for a Master’s For Those Making $0-$30k ranking. Ohio State is a large school located in Columbus, Ohio that handed out 16 masters’s IE degrees in 2019-2020.
Ohio State also made our “Best Industrial Engineering Master’s Degree Schools” list, coming in at #25. Average graduate tuition and fees at Ohio State are $37,141, but you may pay more or less depending on your major.
University of South Florida - Main Campus came in at #13 in this year’s edition of the Best Value IE Schools for a Master’s For Those Making $0-$30k ranking. USF Tampa is located in Tampa, Florida and, has a large student population. In 2019-2020, this school awarded 31 masters’s IE degrees to qualified students.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at USF Tampa are $21,126.
Florida International University landed the #14 spot on the 2022 Best Value IE Schools for a Master’s For Those Making $0-$30k ranking. FIU is a large public school situated in Miami, Florida. It awarded 44 masters’s IE degrees in 2019-2020.
Average graduate tuition and fees at FIU are $24,211, but some majors have different tuition rates.
Texas A&M University - College Station ranked #15 on this year’s Best Value IE Schools for a Master’s For Those Making $0-$30k list. College Station, Texas is the setting for this large institution of higher learning. The public school handed out masters’s IE degrees to 136 students in 2019-2020.
In addition to being on our master’s degree ie students whose families make $0-$30k list, Texas A&M College Station has also earned the #8 rank in our “Best Industrial Engineering Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Texas A&M College Station are $22,743.
Read full report on Industrial Engineering at Texas A&M University - College Station
University of Minnesota - Twin Cities did quite well in the 2022 Best Value IE Schools for a Master’s For Those Making $0-$30k ranking, coming in at #16. Minneapolis, Minnesota is the setting for this large institution of higher learning. The public school handed out masters’s IE degrees to 15 students in 2019-2020.
In addition to being on our master’s degree ie students whose families make $0-$30k list, UMN Twin Cities has also earned the #20 rank in our “Best Industrial Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at UMN Twin Cities are $28,845, but you may pay more or less depending on your major.
Iowa State University ranked #17 on this year’s Best Value IE Schools for a Master’s For Those Making $0-$30k list. Iowa State is a large school located in Ames, Iowa that handed out 27 masters’s IE degrees in 2019-2020.
As a testament to the quality of education offered at Iowa State, the school also landed the #16 spot in our “Best Industrial Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Iowa State are $25,948, but some majors have different tuition rates.
Florida State University ranked #18 on this year’s Best Value IE Schools for a Master’s For Those Making $0-$30k list. Florida State is a public institution located in Tallahassee, Florida. The school has a large population, and it awarded 7 masters’s degrees in 2019-2020.
Average graduate tuition and fees at Florida State University are $26,707, but you may pay more or less depending on your major.
Arizona State University - Tempe did quite well in the 2022 Best Value IE Schools for a Master’s For Those Making $0-$30k ranking, coming in at #19. ASU - Tempe is a large school located in Tempe, Arizona that handed out 43 masters’s IE degrees in 2019-2020.
Average graduate tuition and fees at ASU - Tempe are $27,048, but you may pay more or less depending on your major.
Full Arizona State University - Tempe Industrial Engineering Report
University of Michigan - Dearborn ranked #20 on this year’s Best Value IE Schools for a Master’s For Those Making $0-$30k list. This medium-sized school is located in Dearborn, Michigan, and it awarded 60 masters’s IE degrees in 2019-2020.
Average graduate tuition and fees at UM Dearborn are $25,072, but some majors have different tuition rates.
Full University of Michigan - Dearborn Industrial Engineering Report
Virginia Tech came in at #21 in this year’s edition of the Best Value IE Schools for a Master’s For Those Making $0-$30k ranking. Virginia Tech is a large school located in Blacksburg, Virginia that handed out 35 masters’s IE degrees in 2019-2020.
Virginia Tech did well in our major quality rankings, too. It placed #13 on our “Best Industrial Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Virginia Tech are $30,547, but you may pay more or less depending on your major.
Clemson University landed the #22 spot on the 2022 Best Value IE Schools for a Master’s For Those Making $0-$30k ranking. Clemson is a public institution located in Clemson, South Carolina. The school has a large population, and it awarded 106 masters’s degrees in 2019-2020.
In addition to being on our master’s degree ie students whose families make $0-$30k list, Clemson has also earned the #3 rank in our “Best Industrial Engineering Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Clemson are $23,246.
The University of Tennessee - Knoxville ranked #23 on this year’s Best Value IE Schools for a Master’s For Those Making $0-$30k list. UT Knoxville is a public institution located in Knoxville, Tennessee. The school has a large population, and it awarded 39 masters’s degrees in 2019-2020.
In addition to being on our master’s degree ie students whose families make $0-$30k list, UT Knoxville has also earned the #23 rank in our “Best Industrial Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at UT Knoxville are $31,798, but some majors have different tuition rates.
With a ranking of #24, Oakland University did quite well on the 2022 Best Value IE Schools for a Master’s For Those Making $0-$30k list. Oakland University is a public institution located in Rochester Hills, Michigan. The school has a fairly large population, and it awarded 13 masters’s degrees in 2019-2020.
Average graduate tuition and fees at Oakland are $24,648, but some majors have different tuition rates.
Oklahoma State University - Main Campus came in at #25 in this year’s edition of the Best Value IE Schools for a Master’s For Those Making $0-$30k ranking. Located in Stillwater, Oklahoma, this large public school handed out 11 diplomas to qualified masters’s IE students in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at Oklahoma State University - Main Campus are $23,963.
Full Oklahoma State University - Main Campus Industrial Engineering Report
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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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