2022 Best Value Bachelor’s Degree Colleges for Industrial Engineering (Income Over $110k) in Minnesota

It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Vallue IE Schools for a Bachelor’s in Minnesota For Those Making Over $110k” ranking is part of that endeavor.

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. At the bachelor’s degree level specifically, there were 104 industrial engineering graduates with average earnings and debt of $40,526 and $26,035 respectively.

For this year’s “Best Vallue IE Schools for a Bachelor’s in Minnesota For Those Making Over $110k” ranking, we looked at 2 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. Check out our ranking methodology for more information.

One Size Does Not Fit All

The ie school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Vallue IE Schools for a Bachelor’s in Minnesota For Those Making Over $110k”.

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.

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Best Vallue IE Schools for a Bachelor’s in Minnesota For Those Making Over $110k

The following schools top our list of the Best Best Vallue IE Schools for a Bachelor’s in Minnesota For Those Making Over $110k.

Top 2 Best Value Bachelor’s Degree Colleges for Industrial Engineering (Income Over $110k) in Minnesota

#1

University of Minnesota - Twin Cities

Minneapolis, Minnesota

#1 in overall quality

$17,740 Average Net Price

$67,939 Average Early-Career Earnings

Out of the 2 schools in the Best Vallue IE Schools for a Bachelor’s in Minnesota For Those Making Over $110k that were part of this year’s ranking, University of Minnesota - Twin Cities landed the #1 spot on the list. This large school is located in Minneapolis, Minnesota, and it awarded 88 bachelors’s IE degrees in 2019-2020.

UMN Twin Cities did well in our major quality rankings, too. It placed #1 on our “Best Industrial Engineering Bachelor’s Degree Schools in Minnesota” list. The estimated yearly cost for University of Minnesota - Twin Cities is $17,740 for Minnesota Bachelor’s Degree IE students whose families make more than $110k.

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 full report on Industrial Engineering at UMN Twin Cities

#2

University of Minnesota - Duluth

Duluth, Minnesota

#2 in overall quality

$17,067 Average Net Price

$63,501 Average Early-Career Earnings

Out of the 2 schools in the Best Vallue IE Schools for a Bachelor’s in Minnesota For Those Making Over $110k that were part of this year’s ranking, University of Minnesota - Duluth landed the #2 spot on the list. Duluth, Minnesota is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s IE degrees to 16 students in 2019-2020.

As a testament to the quality of education offered at UMN Duluth, the school also landed the #2 spot in our “Best Industrial Engineering Bachelor’s Degree Schools in Minnesota” ranking. It costs about $17,067 for Minnesota Bachelor’s Degree IE students whose families make more than $110k 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%.

Full University of Minnesota - Duluth Industrial Engineering Report

• Best Value Bachelor’s Degree Colleges for Industrial Engineering (Income Over $110k) in the Plains States Region
• Best Value Bachelor’s Degree Colleges for Industrial Engineering (Income Over $110k)

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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