2022 Best Value Bachelor’s Degree Colleges for Marine Engineering (Income $0-$30k) in the New England Region

When it comes to choosing a college, students have a lot of options - but not all of them are good. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Marine Engineering Schools for a Bachelor’s in the New England Region For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.

In 2019-2020, 474 people earned their degree in marine engineering, making the major the 279th most popular in the United States. In 2017-2018, marine engineering graduates who were awarded their degree in 2015-2017, earned an average of $78,460 and had an average of $24,129 in loans still to pay off.

Across the New England region, there were 185 marine engineering graduates with average earnings and debt of $89,800 and $27,000 respectively. At the bachelor’s degree level specifically, there were 174 marine engineering graduates with average earnings and debt of $41,041 and $24,492 respectively.

For this year’s “Best Value Marine Engineering Schools for a Bachelor’s in the New England Region For Those Making $0-$30k” ranking, we looked at 2 colleges that offer a degree in marine engineering. This ranking identifies schools with high-quality marine engineering programs that also have a lower cost than 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 marine engineering program at the school. Check out our ranking methodology for more information.

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 Marine Engineering Schools for a Bachelor’s in the New England Region For Those Making $0-$30k” list to help you make the college 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 Marine Engineering Schools for a Bachelor’s in the New England Region For Those Making $0-$30k

The colleges and universities below are the best for new england region bachelor’s degree marine engineering students whose families make $0-$30k.

Top 2 Best Value Bachelor’s Degree Colleges for Marine Engineering (Income $0-$30k) in the New England Region

#1

Massachusetts Maritime Academy

Buzzards Bay, Massachusetts

#2 in overall quality

$6,235 Average Net Price

$90,514 Average Early-Career Earnings

Out of the 2 schools in the Best Value Marine Engineering Schools for a Bachelor’s in the New England Region For Those Making $0-$30k that were part of this year’s ranking, Massachusetts Maritime Academy landed the #1 spot on the list. Maritime is located in Buzzards Bay, Massachusetts and, has a small student population. In 2019-2020, this school awarded 83 bachelors’s marine engineering degrees to qualified students.

Maritime did well in our major quality rankings, too. It placed #2 on our “Best Marine Engineering Bachelor’s Degree Schools in the New England Region” list. The estimated yearly cost for Maritime is $6,235 for New England Region Bachelor’s Degree Marine Engineering students whose families make $0-$30k.

Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The school has an impressive student loan default rate. It’s only 2.7%, which is much lower than the national rate of 10.1%.

Full Massachusetts Maritime Academy Marine Engineering Report

#2

Maine Maritime Academy

Castine, Maine

#1 in overall quality

$19,331 Average Net Price

$94,085 Average Early-Career Earnings

You’ll be in good company if you decide to attend Maine Maritime Academy. It ranked #2 on our 2022 Best Value Marine Engineering Schools for a Bachelor’s in the New England Region For Those Making $0-$30k list. This small school is located in Castine, Maine, and it awarded 71 bachelors’s marine engineering degrees in 2019-2020.

Maine Maritime also took the #1 spot in our “Best Marine Engineering Bachelor’s Degree Schools in the New England Region” ranking. The yearly cost to attend Maine Maritime is $19,331 for New England Region Bachelor’s Degree Marine Engineering students whose families make $0-$30k.

With a student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The low student loan default rate of 2.1% 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 Maine Maritime Academy Marine Engineering Report

• Best Value Bachelor’s Degree Colleges for Marine Engineering (Income $0-$30k)

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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