2022 Best Value ME Schools in Colorado For Those Making $30-$48k
When pursuing a degree in today’s world, students have many different options to choose from. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value ME Schools in Colorado For Those Making $30-$48k” ranking.
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 Colorado, there were 1,330 mechanical engineering graduates with average earnings and debt of $61,363 and $24,691 respectively.
This year’s “Best Value ME Schools in Colorado For Those Making $30-$48k” ranking analyzed 6 colleges that offered a degree in mechanical engineering. Not only do the schools that top this list have excellent mechanical engineering programs, but they also cost less that 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. Check out our ranking methodology for more information.
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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value ME Schools in Colorado For Those Making $30-$48k” list to help you make the college decision.
In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value ME Schools in Colorado For Those Making $30-$48k
The following schools top our list of the Best Best Value ME Schools in Colorado For Those Making $30-$48k.
Top 6 Best Value Colleges for Mechanical Engineering (Income $30-$48k) in Colorado
You’ll join some of the best and brightest minds around if you attend Colorado School of Mines. The school came in at #1 for the Best Value ME Schools in Colorado For Those Making $30-$48k. Colorado School of Mines is located in Golden, Colorado and, has a medium-sized student population. In 2019-2020, this school awarded 382 ’s ME degrees to qualified students.
In addition to being on our colorado me students whose families make $30-$48k list, Mines has also earned the #1 rank in our “Best Mechanical Engineering Schools in Colorado” ranking. It costs about $17,832 for Colorado ME students whose families make $30-$48k per year to attend Colorado School of Mines.
The school has an impressive student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year.
Out of the 6 schools in the Best Value ME Schools in Colorado For Those Making $30-$48k that were part of this year’s ranking, Colorado State University - Fort Collins landed the #2 spot on the list. Colorado State is a large public school situated in Fort Collins, Colorado. It awarded 254 ’s ME degrees in 2019-2020.
Colorado State also made our “Best Mechanical Engineering Schools in Colorado” list, coming in at #3. The yearly cost to attend Colorado State is $11,890 for colorado me students whose families make $30-$48k.
The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 3.0%, which is quite low when compared to the national default rate of 10.1%.
Read more about Mechanical Engineering at Colorado State University - Fort Collins
You’ll be in good company if you decide to attend University of Colorado Boulder. It ranked #3 on our 2022 Best Value ME Schools in Colorado For Those Making $30-$48k list. University of Colorado Boulder is a large public school situated in Boulder, Colorado. It awarded 403 ’s ME degrees in 2019-2020.
CU - Boulder also made our “Best Mechanical Engineering Schools in Colorado” list, coming in at #2. It costs about $14,361 for Colorado ME students whose families make $30-$48k per year to attend University of Colorado Boulder.
The student loan default rate at the school is 3.0%, 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 85%.
Read more about Mechanical Engineering at University of Colorado Boulder
You’ll be in good company if you decide to attend University of Colorado Denver/Anschutz Medical Campus. It ranked #4 on our 2022 Best Value ME Schools in Colorado For Those Making $30-$48k list. University of Colorado Denver/Anschutz Medical Campus is located in Denver, Colorado and, has a large student population. In 2019-2020, this school awarded 82 ’s ME degrees to qualified students.
As a testament to the quality of education offered at CU Anschutz, the school also landed the #5 spot in our “Best Mechanical Engineering Schools in Colorado” ranking. The yearly cost to attend CU Anschutz is $12,503 for Colorado ME students whose families make $30-$48k.
The low student loan default rate of 3.4% 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%.
Read full report on Mechanical Engineering at University of Colorado Denver/Anschutz Medical Campus
You’ll join some of the best and brightest minds around if you attend University of Colorado at Colorado Springs. The school came in at #5 for the Best Value ME Schools in Colorado For Those Making $30-$48k. UCCS is a fairly large public school situated in Colorado Springs, Colorado. It awarded 124 ’s ME degrees in 2019-2020.
UCCS did well in our major quality rankings, too. It placed #6 on our “Best Mechanical Engineering Schools in Colorado” list. The yearly cost to attend UCCS is $12,643 for Colorado ME students whose families make $30-$48k.
The low student loan default rate of 4.7% 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%.
Full University of Colorado at Colorado Springs Mechanical Engineering Report
University of Denver did quite well in the 2022 Best Value ME Schools in Colorado For Those Making $30-$48k ranking, coming in at #6. University of Denver is a fairly large private not-for-profit school situated in Denver, Colorado. It awarded 49 ’s ME degrees in 2019-2020.
DU not only placed well in this ranking. It is also #4 on our “Best Mechanical Engineering Schools in Colorado” list. The estimated yearly cost for DU is $20,735 for Colorado ME students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 1.9%, which is much lower than the national rate of 10.1%.
Read more about Mechanical Engineering at University of Denver
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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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