2022 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $0-$30k) in Minnesota
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 Minnesota For Those Making $0-$30k” ranking is part of that endeavor.
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 Minnesota, there were 650 mechanical engineering graduates with average earnings and debt of $65,350 and $22,448 respectively. At the bachelor’s degree level specifically, there were 526 mechanical engineering graduates with average earnings and debt of $40,526 and $26,035 respectively.
For this year’s “Best Value ME Schools for a Bachelor’s in Minnesota For Those Making $0-$30k” ranking, we looked at 6 colleges that offer a degree in mechanical engineering. This ranking identifies schools with high-quality mechanical engineering programs that also have a lower cost than 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. See our ranking methodology to learn more.
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Best Value ME Schools for a Bachelor’s in Minnesota For Those Making $0-$30k
The colleges and universities below are the best for minnesota bachelor’s degree me students whose families make $0-$30k.
Top 6 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $0-$30k) in Minnesota
Out of the 6 schools in the Best Value ME Schools for a Bachelor’s in Minnesota For Those Making $0-$30k that were part of this year’s ranking, University of Minnesota - Twin Cities landed the #1 spot on the list. University of Minnesota - Twin Cities is a public institution located in Minneapolis, Minnesota. The school has a large population, and it awarded 205 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at UMN Twin Cities, the school also landed the #1 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for University of Minnesota - Twin Cities is $7,266 for minnesota bachelor’s degree me students whose families make $0-$30k.
With a freshman retention rate of 93%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%.
Read full report on Mechanical Engineering at UMN Twin Cities
Out of the 6 schools in the Best Value ME Schools for a Bachelor’s in Minnesota For Those Making $0-$30k that were part of this year’s ranking, University of Minnesota - Duluth landed the #2 spot on the list. University of Minnesota - Duluth is located in Duluth, Minnesota and, has a fairly large student population. In 2019-2020, this school awarded 125 bachelors’s ME degrees to qualified students.
UMN Duluth not only placed well in this ranking. It is also #3 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Minnesota” list. The yearly cost to attend UMN Duluth is $7,443 for minnesota bachelor’s degree me students whose families make $0-$30k.
The student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%.
You’ll be in good company if you decide to attend Saint Cloud State University. It ranked #3 on our 2022 Best Value ME Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. This fairly large school is located in Saint Cloud, Minnesota, and it awarded 42 bachelors’s ME degrees in 2019-2020.
St. Cloud State University not only placed well in this ranking. It is also #6 on our “Best Mechanical Engineering Bachelor’s Degree Schools in Minnesota” list. The yearly cost to attend St. Cloud State University is $10,688 for Minnesota Bachelor’s Degree ME students whose families make $0-$30k.
Read full report on Mechanical Engineering at St. Cloud State University
Out of the 6 schools in the Best Value ME Schools for a Bachelor’s in Minnesota For Those Making $0-$30k that were part of this year’s ranking, Minnesota State University - Mankato landed the #4 spot on the list. Located in Mankato, Minnesota, this fairly large public school handed out 39 diplomas to qualified bachelors’s ME students in 2019-2020.
As a testament to the quality of education offered at Minnesota State Mankato, the school also landed the #5 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Minnesota” ranking. It costs about $11,057 for minnesota bachelor’s degree me students whose families make $0-$30k per year to attend Minnesota State Mankato.
The low student loan default rate of 4.4% 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%.
Out of the 6 schools in the Best Value ME Schools for a Bachelor’s in Minnesota For Those Making $0-$30k that were part of this year’s ranking, Dunwoody College of Technology landed the #5 spot on the list. Located in Minneapolis, Minnesota, this small private not-for-profit school awarded 13 degrees to qualified bachelors’s ME students in 2019-2020.
In addition to being on our minnesota bachelor’s degree me students whose families make $0-$30k list, Dunwoody College of Technology has also earned the #4 rank in our “Best Mechanical Engineering Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for Dunwoody College of Technology is $21,534 for minnesota bachelor’s degree me students whose families make $0-$30k.
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.
Full Dunwoody College of Technology Mechanical Engineering Report
University of St Thomas Minnesota came in at #6 in this year’s edition of the Best Value ME Schools for a Bachelor’s in Minnesota For Those Making $0-$30k ranking. University of St Thomas Minnesota is located in Saint Paul, Minnesota and, has a medium-sized student population. In 2019-2020, this school awarded 102 bachelors’s ME degrees to qualified students.
UST MN also made our “Best Mechanical Engineering Bachelor’s Degree Schools in Minnesota” list, coming in at #2. It costs about $27,460 for Minnesota Bachelor’s Degree ME students whose families make $0-$30k per year to attend UST MN.
The student loan default rate at the school is 2.1%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
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Best Value Bachelor's Degree Colleges for Mechanical Engineering (Income $0-$30k) in Kansas
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Best Value Bachelor's Degree Colleges for Mechanical Engineering (Income $0-$30k) in Minnesota
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Best Value Bachelor's Degree Colleges for Mechanical Engineering (Income $0-$30k) in Missouri
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- Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $0-$30k)
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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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