2022 Best Value Bachelor’s Degree Colleges for Industrial Engineering (Income $30-$48k)
It’s not easy to decide which college to attend when there so many options available for students. 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 Bachelor’s For Those Making $30-$48k” ranking - to help you make that decision.
Industrial Engineering is the 86th most popular major in the country with 9,448 degrees awarded in 2019-2020. 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.
This year’s “Best Value IE Schools for a Bachelor’s For Those Making $30-$48k” ranking looked at 99 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.
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. See our ranking methodology to learn more.
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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 Bachelor’s For Those Making $30-$48k” 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 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 IE Schools for a Bachelor’s For Those Making $30-$48k
The following schools top our list of the Best Best Value IE Schools for a Bachelor’s For Those Making $30-$48k.
Top 25 Best Value Bachelor’s Degree Colleges for Industrial Engineering (Income $30-$48k)
You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #1 for the Best Value IE Schools for a Bachelor’s For Those Making $30-$48k. Northwestern is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 87 bachelors’s IE degrees to qualified students.
As a testament to the quality of education offered at Northwestern, the school also landed the #1 spot in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. It costs about $3,995 for bachelor’s degree ie students whose families make $30-$48k per year to attend Northwestern.
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. With a freshman retention rate of 97%, the school does an excellent job of retaining its students. 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%.
Out of the 99 schools in the Best Value IE Schools for a Bachelor’s For Those Making $30-$48k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #2 spot on the list. U-M 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.
U-M also made our “Best Industrial Engineering Bachelor’s Degree Schools” list, coming in at #3. It costs about $5,887 for bachelor’s degree ie students whose families make $30-$48k per year to attend U-M.
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%.
Out of the 99 schools in the Best Value IE Schools for a Bachelor’s For Those Making $30-$48k that were part of this year’s ranking, University of Wisconsin - Madison landed the #3 spot on the list. UW - Madison is a public institution located in Madison, Wisconsin. The school has a large population, and it awarded 116 bachelors’s degrees in 2019-2020.
UW - Madison also took the #8 spot in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for University of Wisconsin - Madison is $6,860 for Bachelor’s Degree IE students whose families make $30-$48k.
The low student loan default rate of 0.8% 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 95%, the school does an excellent job of retaining its students.
Full University of Wisconsin - Madison Industrial Engineering Report
Out of the 99 schools in the Best Value IE Schools for a Bachelor’s For Those Making $30-$48k that were part of this year’s ranking, Columbia University in the City of New York landed the #4 spot on the list. Columbia University in the City of New York is a large school located in New York, New York that handed out 11 bachelors’s IE degrees in 2019-2020.
Columbia also made our “Best Industrial Engineering Bachelor’s Degree Schools” list, coming in at #12. It costs about $4,287 for Bachelor’s Degree IE students whose families make $30-$48k per year to attend Columbia.
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-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. 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%.
You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #5 on our 2022 Best Value IE Schools for a Bachelor’s For Those Making $30-$48k list. Purdue is located in West Lafayette, Indiana and, has a large student population. In 2019-2020, this school awarded 276 bachelors’s IE degrees to qualified students.
As a testament to the quality of education offered at Purdue, the school also landed the #7 spot in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. It costs about $5,879 for bachelor’s degree ie students whose families make $30-$48k per year to attend Purdue University - Main Campus.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.
With a ranking of #6, Northeastern University did quite well on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $30-$48k list. 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 $30-$48k list, Northeastern has also earned the #11 rank in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Northeastern University is $12,823 for bachelor’s degree ie students whose families make $30-$48k.
With a freshman retention rate of 97%, 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%.
With a ranking of #7, University of Washington - Seattle Campus did quite well on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $30-$48k list. This large school is located in Seattle, Washington, and it awarded 58 bachelors’s IE degrees in 2019-2020.
In addition to being on our bachelor’s degree ie students whose families make $30-$48k list, UW Seattle has also earned the #22 rank in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. It costs about $7,467 for Bachelor’s Degree IE students whose families make $30-$48k per year to attend University of Washington - Seattle Campus.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. 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%.
Read more about Industrial Engineering at University of Washington - Seattle Campus
University of Illinois at Urbana-Champaign landed the #8 spot on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $30-$48k ranking. UIUC is a large school located in Champaign, Illinois that handed out 68 bachelors’s IE degrees in 2019-2020.
UIUC did well in our major quality rankings, too. It placed #10 on our “Best Industrial Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for University of Illinois at Urbana-Champaign is $8,464 for Bachelor’s Degree IE students whose families make $30-$48k.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
Read full report on Industrial Engineering at University of Illinois at Urbana-Champaign
With a ranking of #9, Georgia Institute of Technology - Main Campus did quite well on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $30-$48k list. Atlanta, Georgia is the setting for this large institution of higher learning. The public school handed out bachelors’s IE degrees to 395 students in 2019-2020.
Georgia Tech also made our “Best Industrial Engineering Bachelor’s Degree Schools” list, coming in at #2. The yearly cost to attend Georgia Institute of Technology - Main Campus is $11,454 for bachelor’s degree ie students whose families make $30-$48k.
The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. 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%.
Full Georgia Institute of Technology - Main Campus Industrial Engineering Report
Ohio State University - Main Campus landed the #10 spot on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $30-$48k ranking. Columbus, Ohio is the setting for this large institution of higher learning. The public school handed out bachelors’s IE degrees to 122 students in 2019-2020.
Ohio State not only placed well in this ranking. It is also #18 on our “Best Industrial Engineering Bachelor’s Degree Schools” list. It costs about $10,037 for bachelor’s degree ie students whose families make $30-$48k per year to attend Ohio State University - Main Campus.
The school has an excellent freshman retention rate of 94%, 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 4.4%, which is much lower than the national rate of 10.1%.
University of Central Florida came in at #11 in this year’s edition of the Best Value IE Schools for a Bachelor’s For Those Making $30-$48k ranking. UCF is a large school located in Orlando, Florida that handed out 145 bachelors’s IE degrees in 2019-2020.
The estimated yearly cost for UCF is $7,847 for bachelor’s degree ie students whose families make $30-$48k.
The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 4.2%, which is quite low when compared to the national default rate of 10.1%.
University of Minnesota - Twin Cities came in at #12 in this year’s edition of the Best Value IE Schools for a Bachelor’s For Those Making $30-$48k ranking. UMN Twin Cities is a large public school situated in Minneapolis, Minnesota. It awarded 88 bachelors’s IE degrees in 2019-2020.
It costs about $8,418 for Bachelor’s Degree IE students whose families make $30-$48k per year to attend University of Minnesota - Twin Cities.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.
Read full report on Industrial Engineering at University of Minnesota - Twin Cities
North Carolina State University ranked #13 on this year’s Best Value IE Schools for a Bachelor’s For Those Making $30-$48k list. North Carolina State University is a public institution located in Raleigh, North Carolina. The school has a large population, and it awarded 88 bachelors’s degrees in 2019-2020.
NC State not only placed well in this ranking. It is also #23 on our “Best Industrial Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for NC State is $9,887 for bachelor’s degree ie students whose families make $30-$48k.
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 2.9% 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 North Carolina State University
With a ranking of #14, University of South Florida - Main Campus did quite well on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $30-$48k list. USF Tampa is a public institution located in Tampa, Florida. The school has a large population, and it awarded 80 bachelors’s degrees in 2019-2020.
The yearly cost to attend University of South Florida - Main Campus is $5,616 for Bachelor’s Degree IE students whose families make $30-$48k.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 92%.
Read full report on Industrial Engineering at University of South Florida - Main Campus
Florida State University ranked #15 on this year’s Best Value IE Schools for a Bachelor’s For Those Making $30-$48k list. Florida State is a public institution located in Tallahassee, Florida. The school has a large population, and it awarded 39 bachelors’s degrees in 2019-2020.
It costs about $6,816 for bachelor’s degree ie students whose families make $30-$48k per year to attend Florida State University.
With a freshman retention rate of 95%, the school does an excellent job of retaining its students. The low student loan default rate of 3.5% 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 #16, Texas A&M University - College Station did quite well on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $30-$48k list. Texas A&M College Station is a large public school situated in College Station, Texas. It awarded 151 bachelors’s IE degrees 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 estimated yearly cost for Texas A&M College Station is $13,270 for bachelor’s degree ie students whose families make $30-$48k.
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 2.9% 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 more about Industrial Engineering at Texas A&M University - College Station
Oakland University came in at #17 in this year’s edition of the Best Value IE Schools for a Bachelor’s For Those Making $30-$48k ranking. Rochester Hills, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s IE degrees to 31 students in 2019-2020.
The yearly cost to attend Oakland University is $7,751 for bachelor’s degree ie students whose families make $30-$48k.
Iowa State University did quite well in the 2022 Best Value IE Schools for a Bachelor’s For Those Making $30-$48k ranking, coming in at #18. Located in Ames, Iowa, this large public school awarded 124 degrees to qualified bachelors’s IE students in 2019-2020.
Iowa State did well in our major quality rankings, too. It placed #24 on our “Best Industrial Engineering Bachelor’s Degree Schools” list. It costs about $10,843 for bachelor’s degree ie students whose families make $30-$48k 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
Virginia Tech landed the #19 spot on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $30-$48k ranking. Virginia Tech is located in Blacksburg, Virginia and, has a large student population. In 2019-2020, this school awarded 184 bachelors’s IE degrees to qualified students.
Virginia Tech also took the #6 spot in our “Best Industrial Engineering Bachelor’s Degree Schools” ranking. It costs about $14,010 for bachelor’s degree ie students whose families make $30-$48k 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 school has an impressive student loan default rate. It’s only 1.6%, which is much lower than the national rate of 10.1%.
With a ranking of #20, California Polytechnic State University - San Luis Obispo did quite well on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $30-$48k list. California Polytechnic State University - San Luis Obispo is located in San Luis Obispo, California and, has a large student population. In 2019-2020, this school awarded 96 bachelors’s IE degrees to qualified students.
Cal Poly San Luis Obispo did well in our major quality rankings, too. It placed #14 on our “Best Industrial Engineering Bachelor’s Degree Schools” list. It costs about $14,680 for bachelor’s degree ie students whose families make $30-$48k per year to attend Cal Poly San Luis Obispo.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
University of Wisconsin - Platteville came in at #21 in this year’s edition of the Best Value IE Schools for a Bachelor’s For Those Making $30-$48k ranking. Located in Platteville, Wisconsin, this medium-sized public school awarded 54 degrees to qualified bachelors’s IE students in 2019-2020.
It costs about $12,930 for bachelor’s degree ie students whose families make $30-$48k per year to attend UW - Platteville.
Read full report on Industrial Engineering at University of Wisconsin - Platteville
Lehigh University came in at #22 in this year’s edition of the Best Value IE Schools for a Bachelor’s For Those Making $30-$48k ranking. Bethlehem, Pennsylvania is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s IE degrees to 80 students in 2019-2020.
Lehigh not only placed well in this ranking. It is also #5 on our “Best Industrial Engineering Bachelor’s Degree Schools” list. It costs about $13,363 for Bachelor’s Degree IE students whose families make $30-$48k per year to attend Lehigh.
The impressive student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The student loan default rate at the school is 2.3%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 91%.
Arizona State University - Tempe did quite well in the 2022 Best Value IE Schools for a Bachelor’s For Those Making $30-$48k ranking, coming in at #23. Located in Tempe, Arizona, this large public school awarded 115 degrees to qualified bachelors’s IE students in 2019-2020.
It costs about $8,921 for Bachelor’s Degree IE students whose families make $30-$48k per year to attend ASU - Tempe.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
Oklahoma State University - Main Campus did quite well in the 2022 Best Value IE Schools for a Bachelor’s For Those Making $30-$48k ranking, coming in at #24. Located in Stillwater, Oklahoma, this large public school awarded 49 diplomas to qualified bachelors’s IE students in 2019-2020.
The estimated yearly cost for Oklahoma State University - Main Campus is $9,962 for Bachelor’s Degree IE students whose families make $30-$48k.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%.
University of Minnesota - Duluth landed the #25 spot on the 2022 Best Value IE Schools for a Bachelor’s For Those Making $30-$48k ranking. University of Minnesota - Duluth is a fairly large school located in Duluth, Minnesota that handed out 16 bachelors’s IE degrees in 2019-2020.
It costs about $7,992 for bachelor’s degree ie students whose families make $30-$48k per year to attend University of Minnesota - Duluth.
The low student loan default rate of 3.1% 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%.
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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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