2022 Best Value ME Schools for a Bachelor’s in Indiana For Those Making $0-$30k
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 Value ME Schools for a Bachelor’s in Indiana For Those Making $0-$30k” ranking - to help you make that decision.
In 2019-2020, 47,598 people earned their degree in mechanical engineering, making the major the 20th most popular in the United States. In 2017-2018, mechanical engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,495 and had an average of $23,104 in loans still to pay off.
Across Indiana, there were 1,384 mechanical engineering graduates with average earnings and debt of $65,750 and $23,400 respectively. At the bachelor’s degree level specifically, there were 1,064 mechanical engineering graduates with average earnings and debt of $39,620 and $24,786 respectively.
For this year’s “Best Value ME Schools for a Bachelor’s in Indiana For Those Making $0-$30k” ranking, we looked at 11 colleges that offer a degree in mechanical engineering. The schools that top this list are recognized because they have great mechanical engineering programs and cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the mechanical engineering program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.
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The me school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value ME Schools for a Bachelor’s in Indiana For Those Making $0-$30k”.
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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Best Value ME Schools for a Bachelor’s in Indiana For Those Making $0-$30k
The colleges and universities below are the best for indiana bachelor’s degree me students whose families make $0-$30k.
Top 11 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $0-$30k) in Indiana
Out of the 11 schools in the Best Value ME Schools for a Bachelor’s in Indiana For Those Making $0-$30k that were part of this year’s ranking, Purdue University - Main Campus landed the #1 spot on the list. Purdue University - Main Campus is a large school located in West Lafayette, Indiana that handed out 376 bachelors’s ME degrees in 2019-2020.
In addition to being on our indiana bachelor’s degree me students whose families make $0-$30k list, Purdue has also earned the #3 rank in our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” ranking. It costs about $5,483 for Indiana Bachelor’s Degree ME students whose families make $0-$30k per year to attend Purdue University - Main Campus.
The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.
Full Purdue University - Main Campus Mechanical Engineering Report
You’ll be in good company if you decide to attend University of Notre Dame. It ranked #2 on our 2022 Best Value ME Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. University of Notre Dame is a fairly large private not-for-profit school situated in Notre Dame, Indiana. It awarded 119 bachelors’s ME degrees in 2019-2020.
Notre Dame did well in our major quality rankings, too. It placed #1 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” list. It costs about $12,498 for indiana bachelor’s degree me students whose families make $0-$30k per year to attend University of Notre Dame.
The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. 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 student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Purdue University Northwest. The school came in at #3 for the Best Value ME Schools for a Bachelor’s in Indiana For Those Making $0-$30k. Purdue University Northwest is a public institution located in Hammond, Indiana. The school has a medium-sized population, and it awarded 62 bachelors’s degrees in 2019-2020.
Purdue Northwest also made our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” list, coming in at #6. It costs about $6,911 for Indiana Bachelor’s Degree ME students whose families make $0-$30k per year to attend Purdue University Northwest.
Read full report on Mechanical Engineering at Purdue Northwest
You’ll join some of the best and brightest minds around if you attend Indiana University - Purdue University - Indianapolis. The school came in at #4 for the Best Value ME Schools for a Bachelor’s in Indiana For Those Making $0-$30k. IUPUI is a large public school situated in Indianapolis, Indiana. It awarded 175 bachelors’s ME degrees in 2019-2020.
In addition to being on our indiana bachelor’s degree me students whose families make $0-$30k list, IUPUI has also earned the #7 rank in our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” ranking. It costs about $5,052 for indiana bachelor’s degree me students whose families make $0-$30k per year to attend IUPUI.
You’ll be in good company if you decide to attend University of Southern Indiana. It ranked #5 on our 2022 Best Value ME Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. USI is located in Evansville, Indiana and, has a fairly large student population. In 2019-2020, this school awarded 26 bachelors’s ME degrees to qualified students.
As a testament to the quality of education offered at USI, the school also landed the #9 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend USI is $8,244 for indiana bachelor’s degree me students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 5.0%, which is much lower than the national rate of 10.1%.
With a ranking of #6, Purdue University Fort Wayne did quite well on the 2022 Best Value ME Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. Purdue University Fort Wayne is a medium-sized school located in Fort Wayne, Indiana that handed out 18 bachelors’s ME degrees in 2019-2020.
PFW not only placed well in this ranking. It is also #11 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend PFW is $7,129 for Indiana Bachelor’s Degree ME students whose families make $0-$30k.
University of Evansville did quite well in the 2022 Best Value ME Schools for a Bachelor’s in Indiana For Those Making $0-$30k ranking, coming in at #7. Evansville, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s ME degrees to 16 students in 2019-2020.
In addition to being on our indiana bachelor’s degree me students whose families make $0-$30k list, UE has also earned the #5 rank in our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” ranking. It costs about $15,212 for Indiana Bachelor’s Degree ME students whose families make $0-$30k per year to attend UE.
The low student loan default rate of 3.3% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Read more about Mechanical Engineering at University of Evansville
Trine University ranked #8 on this year’s Best Value ME Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. Located in Angola, Indiana, this small private not-for-profit school awarded 41 diplomas to qualified bachelors’s ME students in 2019-2020.
In addition to being on our indiana bachelor’s degree me students whose families make $0-$30k list, Trine has also earned the #8 rank in our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” ranking. It costs about $19,700 for Indiana Bachelor’s Degree ME students whose families make $0-$30k per year to attend Trine.
The school has an impressive student loan default rate. It’s only 4.8%, which is much lower than the national rate of 10.1%.
Valparaiso University did quite well in the 2022 Best Value ME Schools for a Bachelor’s in Indiana For Those Making $0-$30k ranking, coming in at #9. Valpo is a small school located in Valparaiso, Indiana that handed out 53 bachelors’s ME degrees in 2019-2020.
Valpo also took the #4 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” ranking. It costs about $13,588 for Indiana Bachelor’s Degree ME students whose families make $0-$30k per year to attend Valparaiso University.
The student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 10.1%.
Indiana Institute of Technology ranked #10 on this year’s Best Value ME Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. This small school is located in Fort Wayne, Indiana, and it awarded 16 bachelors’s ME degrees in 2019-2020.
Indiana Tech also took the #10 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” ranking. It costs about $19,286 for indiana bachelor’s degree me students whose families make $0-$30k per year to attend Indiana Institute of Technology.
Read more about Mechanical Engineering at Indiana Institute of Technology
Rose - Hulman Institute of Technology did quite well in the 2022 Best Value ME Schools for a Bachelor’s in Indiana For Those Making $0-$30k ranking, coming in at #11. Rose - Hulman Institute of Technology is a private not-for-profit institution located in Terre Haute, Indiana. The school has a small population, and it awarded 154 bachelors’s degrees in 2019-2020.
Rose - Hulman Institute of Technology not only placed well in this ranking. It is also #2 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Indiana” list. It costs about $34,275 for Indiana Bachelor’s Degree ME students whose families make $0-$30k per year to attend Rose - Hulman Institute of Technology.
The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. With a freshman retention rate of 90%, the school does an excellent job of retaining its students. The student loan default rate at the school is 0.2%, which is quite low when compared to the national default rate of 10.1%.
Full Rose - Hulman Institute of Technology Mechanical Engineering Report
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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.
Credits
- Credit for the banner image above goes to Michel Villeneuve.
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