2022 Best Value IE Schools in Minnesota For Those Making $30-$48k

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value IE Schools in Minnesota For Those Making $30-$48k” ranking as one item you can use to help make this 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.

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 $30-$48k” 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. For more information, check out our ranking methodology.

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 in Minnesota For Those Making $30-$48k” list to help you make the college decision.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value IE Schools in Minnesota For Those Making $30-$48k

The colleges and universities below are the best for minnesota ie students whose families make $30-$48k.

Top 2 Best Value Colleges for Industrial Engineering (Income $30-$48k) in Minnesota

#1

University of Minnesota - Twin Cities

Minneapolis, Minnesota

#1 in overall quality

$8,418 Average Net Price

$45,406 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend University of Minnesota - Twin Cities. The school came in at #1 for the Best Value IE Schools in Minnesota For Those Making $30-$48k. UMN Twin Cities is a public institution located in Minneapolis, Minnesota. The school has a large population, and it awarded 105 ’s degrees in 2019-2020.

UMN Twin Cities also made our “Best Industrial Engineering Schools in Minnesota” list, coming in at #1. The yearly cost to attend UMN Twin Cities is $8,418 for minnesota ie students whose families make $30-$48k.

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 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%.

Full University of Minnesota - Twin Cities Industrial Engineering Report

#2

University of Minnesota - Duluth

Duluth, Minnesota

#2 in overall quality

$7,992 Average Net Price

$41,383 Average Early-Career Earnings

Out of the 2 schools in the Best Value IE Schools in Minnesota For Those Making $30-$48k that were part of this year’s ranking, University of Minnesota - Duluth landed the #2 spot on the list. Located in Duluth, Minnesota, this fairly large public school handed out 16 degrees to qualified ’s IE students in 2019-2020.

UMN Duluth also made our “Best Industrial Engineering Schools in Minnesota” list, coming in at #2. It costs about $7,992 for minnesota ie students whose families make $30-$48k per year to attend University of Minnesota - Duluth.

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%.

Read full report on Industrial Engineering at UMN Duluth

• Best Value Colleges for Industrial Engineering (Income $30-$48k) in the Plains States Region
• Best Value Colleges for Industrial Engineering (Income $30-$48k)

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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