2022 Best Value ME Schools in Minnesota 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 in Minnesota For Those Making $0-$30k” ranking - to help you make that decision.
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 Minnesota, there were 650 mechanical engineering graduates with average earnings and debt of $65,350 and $22,448 respectively.
This year’s “Best Value ME Schools in Minnesota For Those Making $0-$30k” ranking looked at 6 colleges that offer degrees in a bachelor’s in mechanical engineering. This ranking identifies schools with high-quality mechanical 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 mechanical engineering program at the school. 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 in Minnesota For Those Making $0-$30k”.
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.
Best Value ME Schools in Minnesota For Those Making $0-$30k
The colleges and universities below are the best for minnesota me students whose families make $0-$30k.
Top 6 Best Value Colleges for Mechanical Engineering (Income $0-$30k) in Minnesota
You’ll join some of the best and brightest minds around if you attend University of Minnesota - Twin Cities. The school came in at #1 for the Best Value ME Schools in Minnesota For Those Making $0-$30k. UMN Twin Cities is a large public school situated in Minneapolis, Minnesota. It awarded 293 ’s ME 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 Schools in Minnesota” ranking. The yearly cost to attend University of Minnesota - Twin Cities is $7,266 for Minnesota ME students whose families make $0-$30k.
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%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.
Read full report on Mechanical Engineering at UMN Twin Cities
You’ll be in good company if you decide to attend University of Minnesota - Duluth. It ranked #2 on our 2022 Best Value ME Schools in Minnesota For Those Making $0-$30k list. Duluth, Minnesota is the setting for this fairly large institution of higher learning. The public school handed out ’s ME degrees to 132 students in 2019-2020.
UMN Duluth also made our “Best Mechanical Engineering Schools in Minnesota” list, coming in at #3. It costs about $7,443 for minnesota me students whose families make $0-$30k per year to attend University of Minnesota - Duluth.
The school has an impressive student loan default rate. It’s only 3.1%, which is much lower than the national 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 in Minnesota For Those Making $0-$30k list. This fairly large school is located in Saint Cloud, Minnesota, and it awarded 42 ’s ME degrees in 2019-2020.
St. Cloud State University did well in our major quality rankings, too. It placed #6 on our “Best Mechanical Engineering Schools in Minnesota” list. It costs about $10,688 for minnesota me students whose families make $0-$30k per year to attend Saint Cloud State University.
Read more about Mechanical Engineering at Saint Cloud State University
Out of the 6 schools in the Best Value ME Schools 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. Minnesota State University - Mankato is located in Mankato, Minnesota and, has a fairly large student population. In 2019-2020, this school awarded 39 ’s ME degrees to qualified students.
Minnesota State Mankato also took the #5 spot in our “Best Mechanical Engineering Schools in Minnesota” ranking. The yearly cost to attend Minnesota State University - Mankato is $11,057 for minnesota me students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.
Read full report on Mechanical Engineering at Minnesota State Mankato
Out of the 6 schools in the Best Value ME Schools 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. Minneapolis, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s ME degrees to 13 students in 2019-2020.
Dunwoody College of Technology also made our “Best Mechanical Engineering Schools in Minnesota” list, coming in at #4. The estimated yearly cost for Dunwoody College of Technology is $21,534 for minnesota me students whose families make $0-$30k.
With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read full report on Mechanical Engineering at Dunwoody College of Technology
University of St Thomas Minnesota ranked #6 on this year’s Best Value ME Schools in Minnesota For Those Making $0-$30k list. UST MN is a private not-for-profit institution located in Saint Paul, Minnesota. The school has a medium-sized population, and it awarded 131 ’s degrees in 2019-2020.
UST MN did well in our major quality rankings, too. It placed #2 on our “Best Mechanical Engineering Schools in Minnesota” list. The estimated yearly cost for UST MN is $27,460 for minnesota me students whose families make $0-$30k.
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%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
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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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