2022 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $0-$30k) in Wisconsin
It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value ME Schools for a Bachelor’s in Wisconsin For Those Making $0-$30k” ranking is part of that endeavor.
Mechanical Engineering is the 20th most popular major in the country with 47,598 degrees awarded in 2019-2020. 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 Wisconsin, there were 852 mechanical engineering graduates with average earnings and debt of $67,833 and $24,905 respectively. At the bachelor’s degree level specifically, there were 770 mechanical engineering graduates with average earnings and debt of $0 and $0 respectively.
For this year’s “Best Value ME Schools for a Bachelor’s in Wisconsin For Those Making $0-$30k” ranking, we looked at 6 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.
Some of the factors we look at when determining these rankings are overall quality of the mechanical engineering program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.
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Best Value ME Schools for a Bachelor’s in Wisconsin For Those Making $0-$30k
The following schools top our list of the Best Best Value ME Schools for a Bachelor’s in Wisconsin For Those Making $0-$30k.
Top 6 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $0-$30k) in Wisconsin
Out of the 6 schools in the Best Value ME Schools for a Bachelor’s in Wisconsin For Those Making $0-$30k that were part of this year’s ranking, University of Wisconsin - Madison landed the #1 spot on the list. Madison, Wisconsin is the setting for this large institution of higher learning. The public school handed out bachelors’s ME degrees to 190 students in 2019-2020.
UW - Madison also took the #1 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Wisconsin” ranking. It costs about $4,367 for Wisconsin Bachelor’s Degree ME students whose families make $0-$30k per year to attend UW - Madison.
The student loan default rate at the school is 0.8%, 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 95%.
You’ll join some of the best and brightest minds around if you attend University of Wisconsin - Platteville. The school came in at #2 for the Best Value ME Schools for a Bachelor’s in Wisconsin For Those Making $0-$30k. UW - Platteville is a medium-sized school located in Platteville, Wisconsin that handed out 190 bachelors’s ME degrees in 2019-2020.
UW - Platteville did well in our major quality rankings, too. It placed #5 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Wisconsin” list. The estimated yearly cost for UW - Platteville is $12,117 for Wisconsin Bachelor’s Degree ME students whose families make $0-$30k.
Read full report on Mechanical Engineering at UW - Platteville
You’ll be in good company if you decide to attend University of Wisconsin - Stout. It ranked #3 on our 2022 Best Value ME Schools for a Bachelor’s in Wisconsin For Those Making $0-$30k list. University of Wisconsin - Stout is located in Menomonie, Wisconsin and, has a medium-sized student population. In 2019-2020, this school awarded 56 bachelors’s ME degrees to qualified students.
UW - Stout not only placed well in this ranking. It is also #4 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Wisconsin” list. It costs about $10,695 for wisconsin bachelor’s degree me students whose families make $0-$30k per year to attend UW - Stout.
The school has an impressive student loan default rate. It’s only 3.8%, which is much lower than the national rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend University of Wisconsin - Milwaukee. The school came in at #4 for the Best Value ME Schools for a Bachelor’s in Wisconsin For Those Making $0-$30k. UWM is a large school located in Milwaukee, Wisconsin that handed out 115 bachelors’s ME degrees in 2019-2020.
UWM did well in our major quality rankings, too. It placed #6 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Wisconsin” list. The estimated yearly cost for University of Wisconsin - Milwaukee is $13,222 for Wisconsin Bachelor’s Degree ME students whose families make $0-$30k.
You’ll join some of the best and brightest minds around if you attend Marquette University. The school came in at #5 for the Best Value ME Schools for a Bachelor’s in Wisconsin For Those Making $0-$30k. Marquette is a fairly large school located in Milwaukee, Wisconsin that handed out 92 bachelors’s ME degrees in 2019-2020.
In addition to being on our wisconsin bachelor’s degree me students whose families make $0-$30k list, Marquette has also earned the #2 rank in our “Best Mechanical Engineering Bachelor’s Degree Schools in Wisconsin” ranking. The yearly cost to attend Marquette is $19,169 for wisconsin bachelor’s degree me students whose families make $0-$30k.
The low student loan default rate of 1.5% 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 school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year.
Read full report on Mechanical Engineering at Marquette University
Milwaukee School of Engineering did quite well in the 2022 Best Value ME Schools for a Bachelor’s in Wisconsin For Those Making $0-$30k ranking, coming in at #6. Milwaukee, Wisconsin is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s ME degrees to 127 students in 2019-2020.
As a testament to the quality of education offered at MSOE, the school also landed the #3 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Wisconsin” ranking. It costs about $17,186 for Wisconsin Bachelor’s Degree ME students whose families make $0-$30k per year to attend Milwaukee School of Engineering.
The school has an impressive student loan default rate. It’s only 1.8%, which is much lower than the national rate of 10.1%.
Read full report on Mechanical Engineering at Milwaukee School of Engineering
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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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