2022 Best Value Bachelor’s Degree Colleges for Marine Engineering (Income 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 Marine Engineering Schools for a Bachelor’s For Those Making Over $110k” ranking - to help you make that decision.
Marine Engineering is the 279th most popular major in the country with 474 degrees awarded in 2019-2020. 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.
At the bachelor’s degree level specifically, there were 407 marine engineering graduates with average earnings and debt of $38,303 and $24,501 respectively.
This year’s “Best Vallue Marine Engineering Schools for a Bachelor’s For Those Making Over $110k” ranking analyzed 7 colleges that offered a degree 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.
Some of the factors we look at when determining these rankings are overall quality of the marine 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.
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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 Marine Engineering Schools for a Bachelor’s For Those Making Over $110k” list, to help you choose the best school for you.
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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
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Best Vallue Marine Engineering Schools for a Bachelor’s For Those Making Over $110k
The following schools top our list of the Best Best Vallue Marine Engineering Schools for a Bachelor’s For Those Making Over $110k.
Top 7 Best Value Bachelor’s Degree Colleges for Marine Engineering (Income Over $110k)
You’ll join some of the best and brightest minds around if you attend Maine Maritime Academy. The school came in at #1 for the Best Vallue Marine Engineering Schools for a Bachelor’s For Those Making Over $110k. Located in Castine, Maine, this small public school awarded 71 degrees to qualified bachelors’s marine engineering students in 2019-2020.
Maine Maritime also took the #1 spot in our “Best Marine Engineering Bachelor’s Degree Schools” ranking. The estimated yearly cost for Maine Maritime Academy is $23,239 for Bachelor’s Degree Marine Engineering students whose families make more than $110k.
Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors. 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%.
You’ll join some of the best and brightest minds around if you attend Massachusetts Maritime Academy. The school came in at #2 for the Best Vallue Marine Engineering Schools for a Bachelor’s For Those Making Over $110k. Massachusetts Maritime Academy is a small school located in Buzzards Bay, Massachusetts that handed out 83 bachelors’s marine engineering degrees in 2019-2020.
Maritime also made our “Best Marine Engineering Bachelor’s Degree Schools” list, coming in at #2. It costs about $20,485 for Bachelor’s Degree Marine Engineering students whose families make more than $110k per year to attend Maritime.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. 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%.
Read more about Marine Engineering at Massachusetts Maritime Academy
You’ll join some of the best and brightest minds around if you attend Webb Institute. The school came in at #3 for the Best Vallue Marine Engineering Schools for a Bachelor’s For Those Making Over $110k. Webb Institute is a small private not-for-profit school situated in Glen Cove, New York. It awarded 25 bachelors’s marine engineering degrees in 2019-2020.
Webb Institute not only placed well in this ranking. It is also #6 on our “Best Marine Engineering Bachelor’s Degree Schools” list. The estimated yearly cost for Webb Institute is $15,684 for Bachelor’s Degree Marine Engineering students whose families make more than $110k.
With a freshman retention rate of 92%, the school does an excellent job of retaining its students. The low student loan default rate of 4.5% 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%. The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Out of the 7 schools in the Best Vallue Marine Engineering Schools for a Bachelor’s For Those Making Over $110k that were part of this year’s ranking, University of New Orleans landed the #4 spot on the list. New Orleans, Louisiana is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s marine engineering degrees to 16 students in 2019-2020.
As a testament to the quality of education offered at UNO, the school also landed the #7 spot in our “Best Marine Engineering Bachelor’s Degree Schools” ranking. The yearly cost to attend University of New Orleans is $11,193 for bachelor’s degree marine engineering students whose families make more than $110k.
Read full report on Marine Engineering at University of New Orleans
You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #5 on our 2022 Best Vallue Marine Engineering Schools for a Bachelor’s For Those Making Over $110k list. Located in Ann Arbor, Michigan, this large public school handed out 27 degrees to qualified bachelors’s marine engineering students in 2019-2020.
U-M also took the #3 spot in our “Best Marine Engineering Bachelor’s Degree Schools” ranking. It costs about $15,336 for bachelor’s degree marine engineering students whose families make more than $110k per year to attend U-M.
The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%.
Full University of Michigan - Ann Arbor Marine Engineering Report
SUNY Maritime College did quite well in the 2022 Best Vallue Marine Engineering Schools for a Bachelor’s For Those Making Over $110k ranking, coming in at #6. Located in Throggs Neck, New York, this small public school handed out 38 diplomas to qualified bachelors’s marine engineering students in 2019-2020.
SUNY Maritime College also made our “Best Marine Engineering Bachelor’s Degree Schools” list, coming in at #4. It costs about $20,616 for bachelor’s degree marine engineering students whose families make more than $110k per year to attend SUNY Maritime College.
The student loan default rate at the school is 2.6%, which is quite low when compared to the national default rate of 10.1%.
Texas A&M University - College Station landed the #7 spot on the 2022 Best Vallue Marine Engineering Schools for a Bachelor’s For Those Making Over $110k ranking. Located in College Station, Texas, this large public school handed out 32 diplomas to qualified bachelors’s marine engineering students in 2019-2020.
Texas A&M College Station also made our “Best Marine Engineering Bachelor’s Degree Schools” list, coming in at #5. The yearly cost to attend Texas A&M University - College Station is $19,057 for bachelor’s degree marine engineering students whose families make more than $110k.
The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
Read more about Marine Engineering at Texas A&M College Station
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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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