2022 Best Value Bachelor’s Degree Colleges for Marine Engineering (Income Over $110k) in Michigan

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Vallue Marine Engineering Schools for a Bachelor’s in Michigan For Those Making Over $110k” ranking as one item you can use to help make this 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.

Across Michigan, 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 $40,161 and $25,915 respectively.

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. See our ranking methodology to learn more.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Vallue Marine Engineering Schools for a Bachelor’s in Michigan For Those Making Over $110k” ranking, along with many other major-related rankings, to help you make that 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.

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Best Vallue Marine Engineering Schools for a Bachelor’s in Michigan For Those Making Over $110k

The following schools top our list of the Best Best Vallue Marine Engineering Schools for a Bachelor’s in Michigan For Those Making Over $110k.

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

#1

University of Michigan - Ann Arbor

Ann Arbor, Michigan

#1 in overall quality

$15,336 Average Net Price

$68,778 Average Early-Career Earnings

Out of the 1 schools in the Best Vallue Marine Engineering Schools for a Bachelor’s in Michigan For Those Making Over $110k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #1 spot on the list. This large school is located in Ann Arbor, Michigan, and it awarded 27 bachelors’s marine engineering degrees in 2019-2020.

U-M also took the #1 spot in our “Best Marine Engineering Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for U-M is $15,336 for michigan bachelor’s degree marine engineering students whose families make more than $110k.

With a freshman retention rate of 96%, the school does an excellent job of retaining its students. The low student loan default rate of 1.2% 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%.

Full U-M Marine Engineering Report

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