2022 Best Value Colleges for Industrial Engineering (Income $0-$30k) in Minnesota

When pursuing a degree in today’s world, students have many different options to choose from. 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 in Minnesota 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.

Across Minnesota, there were 121 industrial engineering graduates with average earnings and debt of $66,900 and $20,341 respectively.

This year’s “Best Value IE Schools in Minnesota For Those Making $0-$30k” ranking looked at 2 colleges that offer degrees in a bachelor’s in industrial engineering. The schools that top this list are recognized because they have great industrial engineering programs and cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the industrial engineering program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.

More Ways to Rank Industrial Engineering Schools

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 in Minnesota For Those Making $0-$30k” 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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value IE Schools in Minnesota For Those Making $0-$30k

The following schools top our list of the Best Best Value IE Schools in Minnesota For Those Making $0-$30k.

Top 2 Best Value Colleges for Industrial Engineering (Income $0-$30k) in Minnesota

#1

University of Minnesota - Twin Cities

Minneapolis, Minnesota

#1 in overall quality

$7,266 Average Net Price

$45,406 Average Early-Career Earnings

Out of the 2 schools in the Best Value IE Schools in Minnesota For Those Making $0-$30k that were part of this year’s ranking, University of Minnesota - Twin Cities landed the #1 spot on the list. Minneapolis, Minnesota is the setting for this large institution of higher learning. The public school handed out ’s IE degrees to 105 students in 2019-2020.

In addition to being on our minnesota ie students whose families make $0-$30k list, UMN Twin Cities has also earned the #1 rank in our “Best Industrial Engineering Schools in Minnesota” ranking. The yearly cost to attend UMN Twin Cities is $7,266 for minnesota ie students whose families make $0-$30k.

Students who start out at the school are likely to stick around. The freshman retention rate is 93%. 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%.

Read full report on Industrial Engineering at University of Minnesota - Twin Cities

#2

University of Minnesota - Duluth

Duluth, Minnesota

#2 in overall quality

$7,443 Average Net Price

$41,383 Average Early-Career Earnings

You’ll be in good company if you decide to attend University of Minnesota - Duluth. It ranked #2 on our 2022 Best Value IE Schools in Minnesota For Those Making $0-$30k list. University of Minnesota - Duluth is a fairly large public school situated in Duluth, Minnesota. It awarded 16 ’s IE degrees in 2019-2020.

UMN Duluth also made our “Best Industrial Engineering Schools in Minnesota” list, coming in at #2. It costs about $7,443 for Minnesota IE students whose families make $0-$30k per year to attend UMN Duluth.

The school has an impressive student loan default rate. It’s only 3.1%, which is much lower than the national rate of 10.1%.

Full University of Minnesota - Duluth Industrial Engineering Report

• Best Value Colleges for Industrial Engineering (Income $0-$30k) in the Plains States Region
• Best Value Colleges for Industrial Engineering (Income $0-$30k)

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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