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2023 Best Value IE Schools For Those Making $48-$75k

94 Ranked Colleges
9,072 Degrees Awarded
Best Value IE Schools For Those Making $48-$75k

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value IE Schools For Those Making $48-$75k” ranking is part of that endeavor.

In 2020-2021, 9,072 people earned their degree in industrial engineering, making the major the 87th most popular in the United States. In 2019-2020, industrial engineering graduates who were awarded their degree in 2017-2019, earned an average of $68,960 and had an average of $24,268 in loans still to pay off.

For this year’s “Best Value IE Schools For Those Making $48-$75k” ranking, we looked at 94 colleges that offer a degree 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. See our ranking methodology to learn more.

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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value IE Schools For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value IE Schools For Those Making $48-$75k

The colleges and universities below are the best for ie students whose families make $48-$75k.

Top 25 Best Value Colleges for Industrial Engineering (Income $48-$75k)

1
Northwestern crest
Northwestern University
Evanston, Illinois

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 Those Making $48-$75k. Northwestern University is located in Evanston, Illinois and, has a large student population. In 2020-2021, this school awarded 91 ’s IE degrees to qualified students.

Northwestern not only placed well in this ranking. It is also #1 on our “Best Industrial Engineering Schools” list. The estimated yearly cost for Northwestern is $5,849 for IE students whose families make $48-$75k.

The low undergrad student loan default rate of 0.6% 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%. The undergraduate 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. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.

Full Northwestern University Industrial Engineering Report

2

Out of the 94 schools in the Best Value IE Schools For Those Making $48-$75k that were part of this year’s ranking, Columbia University in the City of New York landed the #2 spot on the list. Columbia University in the City of New York is a large private not-for-profit school situated in New York, New York. It awarded 123 ’s IE degrees in 2020-2021.

Columbia also took the #2 spot in our “Best Industrial Engineering Schools” ranking. The yearly cost to attend Columbia University in the City of New York is $8,106 for ie students whose families make $48-$75k.

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 impressive undergraduate student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The school has an impressive undergrad student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%.

Read full report on Industrial Engineering at Columbia

3

You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #3 on our 2023 Best Value IE Schools For Those Making $48-$75k list. University of Michigan - Ann Arbor is a large school located in Ann Arbor, Michigan that handed out 296 ’s IE degrees in 2020-2021.

U-M did well in our major quality rankings, too. It placed #3 on our “Best Industrial Engineering Schools” list. The yearly cost to attend U-M is $10,481 for ie students whose families make $48-$75k.

With a freshman retention rate of 96%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 1.3% 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 U-M

4
Purdue crest
Purdue University - Main Campus
West Lafayette, Indiana

Out of the 94 schools in the Best Value IE Schools For Those Making $48-$75k that were part of this year’s ranking, Purdue University - Main Campus landed the #4 spot on the list. Purdue is a large school located in West Lafayette, Indiana that handed out 369 ’s IE degrees in 2020-2021.

Purdue did well in our major quality rankings, too. It placed #10 on our “Best Industrial Engineering Schools” list. It costs about $8,450 for ie students whose families make $48-$75k per year to attend Purdue.

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 undergrad student loan default rate of 1.7% 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 Purdue Industrial Engineering Report

5

Out of the 94 schools in the Best Value IE Schools For Those Making $48-$75k that were part of this year’s ranking, University of Washington - Seattle Campus landed the #5 spot on the list. UW Seattle is located in Seattle, Washington and, has a large student population. In 2020-2021, this school awarded 92 ’s IE degrees to qualified students.

UW Seattle also took the #12 spot in our “Best Industrial Engineering Schools” ranking. It costs about $8,393 for IE students whose families make $48-$75k per year to attend UW Seattle.

Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The school has an impressive undergrad student loan default rate. It’s only 2.1%, which is much lower than the national rate of 10.1%.

Full University of Washington - Seattle Campus Industrial Engineering Report

6

University of Wisconsin - Madison ranked #6 on this year’s Best Value IE Schools For Those Making $48-$75k list. University of Wisconsin - Madison is a large school located in Madison, Wisconsin that handed out 150 ’s IE degrees in 2020-2021.

UW - Madison also took the #6 spot in our “Best Industrial Engineering Schools” ranking. The estimated yearly cost for UW - Madison is $10,364 for IE students whose families make $48-$75k.

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 undergrad student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Industrial Engineering at UW - Madison

7

Georgia Institute of Technology - Main Campus came in at #7 in this year’s edition of the Best Value IE Schools For Those Making $48-$75k ranking. This large school is located in Atlanta, Georgia, and it awarded 430 ’s IE degrees in 2020-2021.

Georgia Tech not only placed well in this ranking. It is also #4 on our “Best Industrial Engineering Schools” list. The yearly cost to attend Georgia Tech is $15,415 for ie students whose families make $48-$75k.

With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%.

Read more about Industrial Engineering at Georgia Tech

8

University of Minnesota - Twin Cities did quite well in the 2023 Best Value IE Schools For Those Making $48-$75k ranking, coming in at #8. University of Minnesota - Twin Cities is a public institution located in Minneapolis, Minnesota. The school has a large population, and it awarded 116 ’s degrees in 2020-2021.

As a testament to the quality of education offered at UMN Twin Cities, the school also landed the #13 spot in our “Best Industrial Engineering Schools” ranking. It costs about $12,911 for ie students whose families make $48-$75k per year to attend University of Minnesota - Twin Cities.

Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The undergrad student loan default rate at the school is 1.7%, which is quite low when compared to the national default rate of 10.1%.

Read more about Industrial Engineering at University of Minnesota - Twin Cities

9

University of Illinois at Urbana-Champaign ranked #9 on this year’s Best Value IE Schools For Those Making $48-$75k list. UIUC is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 110 ’s degrees in 2020-2021.

UIUC did well in our major quality rankings, too. It placed #14 on our “Best Industrial Engineering Schools” list. The estimated yearly cost for University of Illinois at Urbana-Champaign is $11,505 for IE students whose families make $48-$75k.

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 undergrad student loan default rate. It’s only 2.3%, which is much lower than the national rate of 10.1%.

Read full report on Industrial Engineering at University of Illinois at Urbana-Champaign

10

With a ranking of #10, University of Central Florida did quite well on the 2023 Best Value IE Schools For Those Making $48-$75k list. This large school is located in Orlando, Florida, and it awarded 222 ’s IE degrees in 2020-2021.

The yearly cost to attend UCF is $9,426 for IE students whose families make $48-$75k.

With a freshman retention rate of 92%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%.

Full UCF Industrial Engineering Report

11

Ohio State University - Main Campus landed the #11 spot on the 2023 Best Value IE Schools For Those Making $48-$75k ranking. Columbus, Ohio is the setting for this large institution of higher learning. The public school handed out ’s IE degrees to 162 students in 2020-2021.

In addition to being on our ie students whose families make $48-$75k list, Ohio State has also earned the #19 rank in our “Best Industrial Engineering Schools” ranking. The yearly cost to attend Ohio State University - Main Campus is $13,273 for ie students whose families make $48-$75k.

The low undergrad student loan default rate of 3.6% 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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students.

Read more about Industrial Engineering at Ohio State University - Main Campus

12

With a ranking of #12, Iowa State University did quite well on the 2023 Best Value IE Schools For Those Making $48-$75k list. Located in Ames, Iowa, this large public school awarded 149 degrees to qualified ’s IE students in 2020-2021.

Iowa State did well in our major quality rankings, too. It placed #16 on our “Best Industrial Engineering Schools” list. The estimated yearly cost for Iowa State is $14,641 for IE students whose families make $48-$75k.

With a freshman retention rate of 89%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 2.4% 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%.

Full Iowa State Industrial Engineering Report

13

University of South Florida - Main Campus ranked #13 on this year’s Best Value IE Schools For Those Making $48-$75k list. This large school is located in Tampa, Florida, and it awarded 90 ’s IE degrees in 2020-2021.

It costs about $9,669 for ie students whose families make $48-$75k per year to attend USF Tampa.

Students who start out at the school are likely to stick around. The freshman retention rate is 92%. The school has an impressive undergrad student loan default rate. It’s only 3.3%, which is much lower than the national rate of 10.1%.

Read full report on Industrial Engineering at USF Tampa

14
Florida State crest
Florida State University
Tallahassee, Florida

Florida State University did quite well in the 2023 Best Value IE Schools For Those Making $48-$75k ranking, coming in at #14. This large school is located in Tallahassee, Florida, and it awarded 47 ’s IE degrees in 2020-2021.

The estimated yearly cost for Florida State is $11,506 for IE students whose families make $48-$75k.

The low undergrad student loan default rate of 2.8% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 95%.

Full Florida State Industrial Engineering Report

15
NC State crest
North Carolina State University
Raleigh, North Carolina

North Carolina State University ranked #15 on this year’s Best Value IE Schools For Those Making $48-$75k list. North Carolina State University is a large school located in Raleigh, North Carolina that handed out 194 ’s IE degrees in 2020-2021.

In addition to being on our ie students whose families make $48-$75k list, NC State has also earned the #20 rank in our “Best Industrial Engineering Schools” ranking. It costs about $14,424 for ie students whose families make $48-$75k per year to attend North Carolina State University.

The low undergrad student loan default rate of 2.0% 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 94%, the school does an excellent job of retaining its undergraduate students.

Read more about Industrial Engineering at North Carolina State University

16

University of Michigan - Dearborn ranked #16 on this year’s Best Value IE Schools For Those Making $48-$75k list. This medium-sized school is located in Dearborn, Michigan, and it awarded 75 ’s IE degrees in 2020-2021.

The estimated yearly cost for University of Michigan - Dearborn is $12,398 for ie students whose families make $48-$75k.

The low undergrad student loan default rate of 3.7% 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 UM Dearborn

17
Virginia Tech crest
Virginia Tech
Blacksburg, Virginia

With a ranking of #17, Virginia Tech did quite well on the 2023 Best Value IE Schools For Those Making $48-$75k list. Virginia Tech is a large school located in Blacksburg, Virginia that handed out 243 ’s IE degrees in 2020-2021.

Virginia Tech also took the #5 spot in our “Best Industrial Engineering Schools” ranking. It costs about $18,372 for IE students whose families make $48-$75k per year to attend Virginia Tech.

The low undergrad student loan default rate of 1.2% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.

Read more about Industrial Engineering at Virginia Tech

18

Texas A&M University - College Station did quite well in the 2023 Best Value IE Schools For Those Making $48-$75k ranking, coming in at #18. Texas A&M College Station is a public institution located in College Station, Texas. The school has a large population, and it awarded 402 ’s degrees in 2020-2021.

Texas A&M College Station not only placed well in this ranking. It is also #8 on our “Best Industrial Engineering Schools” list. The yearly cost to attend Texas A&M College Station is $17,525 for ie students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The low undergrad 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 more about Industrial Engineering at Texas A&M University - College Station

19

Arizona State University - Tempe did quite well in the 2023 Best Value IE Schools For Those Making $48-$75k ranking, coming in at #19. ASU - Tempe is a large school located in Tempe, Arizona that handed out 152 ’s IE degrees in 2020-2021.

The estimated yearly cost for ASU - Tempe is $15,561 for IE students whose families make $48-$75k.

The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. The school has an impressive undergrad student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.

Full ASU - Tempe Industrial Engineering Report

20
UH crest
University of Houston
Houston, Texas

With a ranking of #20, University of Houston did quite well on the 2023 Best Value IE Schools For Those Making $48-$75k list. University of Houston is a large public school situated in Houston, Texas. It awarded 92 ’s IE degrees in 2020-2021.

The yearly cost to attend UH is $13,382 for IE students whose families make $48-$75k.

The undergrad student loan default rate at the school is 4.4%, 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 86%.

Full UH Industrial Engineering Report

21

University of Missouri - Columbia ranked #21 on this year’s Best Value IE Schools For Those Making $48-$75k list. Columbia, Missouri is the setting for this large institution of higher learning. The public school handed out ’s IE degrees to 29 students in 2020-2021.

It costs about $13,715 for ie students whose families make $48-$75k per year to attend Mizzou.

The school has an impressive undergrad student loan default rate. It’s only 2.5%, 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 89%.

Read more about Industrial Engineering at University of Missouri - Columbia

22
Clemson crest
Clemson University
Clemson, South Carolina

Clemson University landed the #22 spot on the 2023 Best Value IE Schools For Those Making $48-$75k ranking. This large school is located in Clemson, South Carolina, and it awarded 235 ’s IE degrees in 2020-2021.

Clemson also took the #11 spot in our “Best Industrial Engineering Schools” ranking. It costs about $20,797 for IE students whose families make $48-$75k per year to attend Clemson University.

Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The low undergrad student loan default rate of 1.7% 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 Clemson University

23
Oakland crest
Oakland University
Rochester Hills, Michigan

Oakland University ranked #23 on this year’s Best Value IE Schools For Those Making $48-$75k list. Oakland is a public institution located in Rochester Hills, Michigan. The school has a fairly large population, and it awarded 40 ’s degrees in 2020-2021.

It costs about $12,008 for IE students whose families make $48-$75k per year to attend Oakland.

The school has an impressive undergrad student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.

Full Oakland University Industrial Engineering Report

24

The University of Texas at Austin landed the #24 spot on the 2023 Best Value IE Schools For Those Making $48-$75k ranking. This large school is located in Austin, Texas, and it awarded 16 ’s IE degrees in 2020-2021.

UT Austin did well in our major quality rankings, too. It placed #24 on our “Best Industrial Engineering Schools” list. It costs about $16,134 for IE students whose families make $48-$75k per year to attend UT Austin.

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 school has an impressive undergrad student loan default rate. It’s only 2.3%, which is much lower than the national rate of 10.1%.

Read full report on Industrial Engineering at The University of Texas at Austin

25
Lehigh crest
Lehigh University
Bethlehem, Pennsylvania

Lehigh University landed the #25 spot on the 2023 Best Value IE Schools For Those Making $48-$75k ranking. Bethlehem, Pennsylvania is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s IE degrees to 96 students in 2020-2021.

Lehigh also made our “Best Industrial Engineering Schools” list, coming in at #9. The yearly cost to attend Lehigh University is $19,026 for ie students whose families make $48-$75k.

With a undergrad student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. With a freshman retention rate of 91%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%.

Full Lehigh University Industrial Engineering Report

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Notes and References

References

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