2022 Best Value Bachelor’s Degree Colleges for Marine Engineering (Income Over $110k) in the Great Lakes Region

It’s not easy to decide which college to attend when there so many options available for students. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Vallue Marine Engineering Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k” 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 Great Lakes region, there were 60 marine engineering graduates with average earnings and debt of $65,400 and $17,365 respectively. At the bachelor’s degree level specifically, there were 27 marine engineering graduates with average earnings and debt of $39,075 and $25,381 respectively.

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. For more information, check out our ranking methodology.

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 Vallue Marine Engineering Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k” list to help you make the college decision.

You can create your own custom comparison that focuses on the factors most important to you using our 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 in the Great Lakes Region For Those Making Over $110k

The colleges and universities below are the best for great lakes region bachelor’s degree marine engineering students whose families make more than $110k.

Top 1 Best Value Bachelor’s Degree Colleges for Marine Engineering (Income Over $110k) in the Great Lakes Region

#1

University of Michigan - Ann Arbor

Ann Arbor, Michigan

#1 in overall quality

$15,336 Average Net Price

$68,778 Average Early-Career Earnings

You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #1 on our 2022 Best Vallue Marine Engineering Schools for a Bachelor’s in the Great Lakes Region For Those Making Over $110k list. University of Michigan - Ann Arbor is a large school located in Ann Arbor, Michigan that handed out 27 bachelors’s marine engineering degrees in 2019-2020.

In addition to being on our great lakes region bachelor’s degree marine engineering students whose families make more than $110k list, U-M has also earned the #1 rank in our “Best Marine Engineering Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $15,336 for Great Lakes Region Bachelor’s Degree Marine Engineering students whose families make more than $110k per year to attend U-M.

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%. With a freshman retention rate of 96%, the school does an excellent job of retaining its students.

Read full report on Marine Engineering at University of Michigan - Ann Arbor

• Best Value Bachelor’s Degree Colleges for Marine 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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