2022 Best Value ME Schools for a Bachelor’s in Maryland For Those Making $30-$48k
When pursuing a degree in today’s world, students have many different options to choose from. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value ME Schools for a Bachelor’s in Maryland For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.
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 Maryland, there were 756 mechanical engineering graduates with average earnings and debt of $69,700 and $20,917 respectively. At the bachelor’s degree level specifically, there were 564 mechanical engineering graduates with average earnings and debt of $40,371 and $23,982 respectively.
This year’s “Best Value ME Schools for a Bachelor’s in Maryland For Those Making $30-$48k” ranking analyzed 3 colleges that offered 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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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value ME Schools for a Bachelor’s in Maryland For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.
Best Value ME Schools for a Bachelor’s in Maryland For Those Making $30-$48k
The colleges and universities below are the best for maryland bachelor’s degree me students whose families make $30-$48k.
Top 3 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $30-$48k) in Maryland
Out of the 3 schools in the Best Value ME Schools for a Bachelor’s in Maryland For Those Making $30-$48k that were part of this year’s ranking, Johns Hopkins University landed the #1 spot on the list. Johns Hopkins University is located in Baltimore, Maryland and, has a large student population. In 2019-2020, this school awarded 40 bachelors’s ME degrees to qualified students.
Johns Hopkins also made our “Best Mechanical Engineering Bachelor’s Degree Schools in Maryland” list, coming in at #1. It costs about $8,210 for maryland bachelor’s degree me students whose families make $30-$48k per year to attend Johns Hopkins.
Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The low student loan default rate of 1.3% 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%. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors.
You’ll be in good company if you decide to attend University of Maryland - College Park. It ranked #2 on our 2022 Best Value ME Schools for a Bachelor’s in Maryland For Those Making $30-$48k list. UMCP is a large school located in College Park, Maryland that handed out 336 bachelors’s ME degrees in 2019-2020.
As a testament to the quality of education offered at UMCP, the school also landed the #2 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Maryland” ranking. The yearly cost to attend UMCP is $12,128 for Maryland Bachelor’s Degree ME students whose families make $30-$48k.
The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%.
Read more about Mechanical Engineering at University of Maryland - College Park
Out of the 3 schools in the Best Value ME Schools for a Bachelor’s in Maryland For Those Making $30-$48k that were part of this year’s ranking, University of Maryland - Baltimore County landed the #3 spot on the list. Baltimore, Maryland is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s ME degrees to 120 students in 2019-2020.
UMBC also took the #3 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Maryland” ranking. The yearly cost to attend UMBC is $12,605 for maryland bachelor’s degree me students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 4.3%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.
Full University of Maryland - Baltimore County 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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