2023 Best Value Marine Engineering Schools in the New England Region For Those Making $48-$75k

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Marine Engineering Schools in the New England Region For Those Making $48-$75k” ranking as one item you can use to help make this decision.

In 2020-2021, 445 people earned their degree in marine engineering, making the major the 285th most popular in the United States. In 2019-2020, marine engineering graduates who were awarded their degree in 2017-2019, earned an average of $77,168 and had an average of $25,813 in loans still to pay off.

Across the New England region, there were 195 marine engineering graduates with average earnings and debt of $89,029 and $27,000 respectively.

This year’s “Best Value Marine Engineering Schools in the New England Region For Those Making $48-$75k” ranking looked at 2 colleges that offer degrees in a bachelor’s in marine engineering. The schools that top this list are recognized because they have great marine 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 marine engineering program at the school. Check out our ranking methodology for more information.

More Ways to Rank Marine Engineering Schools

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

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. 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 in the New England Region For Those Making $48-$75k

The following schools top our list of the Best Best Value Marine Engineering Schools in the New England Region For Those Making $48-$75k.

Top 2 Best Value Colleges for Marine Engineering (Income $48-$75k) in the New England Region

1

Massachusetts Maritime Academy
Buzzards Bay, Massachusetts

#1 in overall quality

$12,099 Average Net Price

$69,069 Average Early-Career Earnings

You’ll be in good company if you decide to attend Massachusetts Maritime Academy. It ranked #1 on our 2023 Best Value Marine Engineering Schools in the New England Region For Those Making $48-$75k list. This small school is located in Buzzards Bay, Massachusetts, and it awarded 81 ’s marine engineering degrees in 2020-2021.

As a testament to the quality of education offered at Maritime, the school also landed the #1 spot in our “Best Marine Engineering Schools in the New England Region” ranking. It costs about $12,099 for New England Region Marine Engineering students whose families make $48-$75k per year to attend Maritime.

Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The school has an impressive undergrad student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%.

Read more about Marine Engineering at Maritime

2

Maine Maritime Academy
Castine, Maine

#2 in overall quality

$21,957 Average Net Price

$71,483 Average Early-Career Earnings

You’ll be in good company if you decide to attend Maine Maritime Academy. It ranked #2 on our 2023 Best Value Marine Engineering Schools in the New England Region For Those Making $48-$75k list. Castine, Maine is the setting for this small institution of higher learning. The public school handed out ’s marine engineering degrees to 82 students in 2020-2021.

Maine Maritime did well in our major quality rankings, too. It placed #2 on our “Best Marine Engineering Schools in the New England Region” list. The yearly cost to attend Maine Maritime Academy is $21,957 for New England Region Marine Engineering students whose families make $48-$75k.

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%. Since the school has a undergrad student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Full Maine Maritime Marine Engineering Report

• Best Value Colleges for Marine Engineering (Income $48-$75k)

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.