2022 Best Value Colleges for Industrial Engineering (Income Over $110k) in Massachusetts
It’s not easy to decide which college to attend when there so many options available for students. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Vallue IE Schools in Massachusetts For Those Making Over $110k” 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 Massachusetts, there were 262 industrial engineering graduates with average earnings and debt of $64,100 and $25,485 respectively.
This year’s “Best Vallue IE Schools in Massachusetts For Those Making Over $110k” ranking looked at 3 colleges that offer degrees in a bachelor’s in industrial engineering. This ranking identifies schools with high-quality industrial engineering programs that also have a lower cost than 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 the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Vallue IE Schools in Massachusetts For Those Making Over $110k” list, to help you choose the best school for you.
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Best Vallue IE Schools in Massachusetts For Those Making Over $110k
The following schools top our list of the Best Best Vallue IE Schools in Massachusetts For Those Making Over $110k.
Top 3 Best Value Colleges for Industrial Engineering (Income Over $110k) in Massachusetts
Out of the 3 schools in the Best Vallue IE Schools in Massachusetts For Those Making Over $110k that were part of this year’s ranking, University of Massachusetts Amherst landed the #1 spot on the list. Amherst, Massachusetts is the setting for this large institution of higher learning. The public school handed out ’s IE degrees to 31 students in 2019-2020.
UMass Amherst also made our “Best Industrial Engineering Schools in Massachusetts” list, coming in at #3. The yearly cost to attend University of Massachusetts Amherst is $22,501 for massachusetts ie students whose families make more than $110k.
The student loan default rate at the school is 2.8%, 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 more about Industrial Engineering at University of Massachusetts Amherst
You’ll be in good company if you decide to attend Northeastern University. It ranked #2 on our 2022 Best Vallue IE Schools in Massachusetts For Those Making Over $110k list. Located in Boston, Massachusetts, this large private not-for-profit school handed out 184 diplomas to qualified ’s IE students in 2019-2020.
Northeastern also took the #1 spot in our “Best Industrial Engineering Schools in Massachusetts” ranking. The estimated yearly cost for Northeastern University is $31,093 for Massachusetts IE students whose families make more than $110k.
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%.
You’ll join some of the best and brightest minds around if you attend Worcester Polytechnic Institute. The school came in at #3 for the Best Vallue IE Schools in Massachusetts For Those Making Over $110k. Worcester Polytechnic Institute is a medium-sized private not-for-profit school situated in Worcester, Massachusetts. It awarded 30 ’s IE degrees in 2019-2020.
WPI did well in our major quality rankings, too. It placed #2 on our “Best Industrial Engineering Schools in Massachusetts” list. The yearly cost to attend Worcester Polytechnic Institute is $39,756 for Massachusetts 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 95%. The low student loan default rate of 0.7% 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%.
- Best Value Colleges for Industrial Engineering (Income Over $110k) in the New England Region
- Best Value Colleges for Industrial Engineering (Income Over $110k)
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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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