2022 Best Vallue IE Schools in Minnesota For Those Making Over $110k

With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Vallue IE Schools in Minnesota For Those Making Over $110k” ranking - to help you make that 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.

For this year’s “Best Vallue IE Schools 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.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the industrial engineering program at the school. See our ranking methodology to learn more.

One Size Does Not Fit All

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 Minnesota For Those Making Over $110k” list, to help you choose the best school for you.

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. Go ahead and give it a try, or bookmark the link so you can check it out later.

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Best Vallue IE Schools in Minnesota For Those Making Over $110k

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

Top 2 Best Value 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

$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 Vallue IE Schools in Minnesota For Those Making Over $110k. University of Minnesota - Twin Cities is located in Minneapolis, Minnesota and, has a large student population. In 2019-2020, this school awarded 105 ’s IE degrees to qualified students.

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

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%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.

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

#2

University of Minnesota - Duluth

Duluth, Minnesota

#2 in overall quality

$17,067 Average Net Price

$41,383 Average Early-Career Earnings

You’ll be in good company if you decide to attend University of Minnesota - Duluth. It ranked #2 on our 2022 Best Vallue IE Schools in Minnesota For Those Making Over $110k list. UMN Duluth is located in Duluth, Minnesota and, has a fairly large student population. In 2019-2020, this school awarded 16 ’s IE degrees to qualified students.

UMN Duluth also took the #2 spot in our “Best Industrial Engineering Schools in Minnesota” ranking. It costs about $17,067 for minnesota 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%.

Read more about Industrial Engineering at University of Minnesota - Duluth

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