2023 Best Value Colleges for Mechanical Engineering (Income $30-$48k) in Maine
2
Ranked Colleges
105
Degrees Awarded
$10,900
Avg Net Price*
It’s not easy to decide which college to attend when there so many options available for students. 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 in Maine For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.
Mechanical Engineering is the 21st most popular major in the country with 46,178 degrees awarded in 2020-2021. In 2019-2020, mechanical engineering graduates who were awarded their degree in 2017-2019, earned an average of $69,007 and had an average of $23,944 in loans still to pay off.
Across Maine, there were 105 mechanical engineering graduates with average earnings and debt of $62,383 and $29,590 respectively.
This year’s “Best Value ME Schools in Maine For Those Making $30-$48k” ranking looked at 2 colleges that offer degrees in a bachelor’s 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. Check out our ranking methodology for more information.
More Ways to Rank Mechanical Engineering Schools
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 Maine For Those Making $30-$48k”.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value ME Schools in Maine For Those Making $30-$48k
The following schools top our list of the Best Best Value ME Schools in Maine For Those Making $30-$48k.
Top 2 Best Value Colleges for Mechanical Engineering (Income $30-$48k) in Maine
Out of the 2 schools in the Best Value ME Schools in Maine For Those Making $30-$48k that were part of this year’s ranking, University of Maine landed the #1 spot on the list. Orono, Maine is the setting for this fairly large institution of higher learning. The public school handed out ’s ME degrees to 80 students in 2020-2021.
As a testament to the quality of education offered at UMaine, the school also landed the #1 spot in our “Best Mechanical Engineering Schools in Maine” ranking. The yearly cost to attend UMaine is $12,578 for Maine ME students whose families make $30-$48k.
The low undergrad student loan default rate of 4.0% 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%.
Read full report on Mechanical Engineering at University of Maine
You’ll join some of the best and brightest minds around if you attend University of Southern Maine. The school came in at #2 for the Best Value ME Schools in Maine For Those Making $30-$48k. This medium-sized school is located in Portland, Maine, and it awarded 25 ’s ME degrees in 2020-2021.
In addition to being on our maine me students whose families make $30-$48k list, University of Southern Maine has also earned the #2 rank in our “Best Mechanical Engineering Schools in Maine” ranking. The yearly cost to attend University of Southern Maine is $9,167 for Maine ME students whose families make $30-$48k.
The undergrad student loan default rate at the school is 4.2%, which is quite low when compared to the national default rate of 10.1%.
Read more about Mechanical Engineering at University of Southern Maine
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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
- *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
