2022 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $48-$75k) in Maryland

When pursuing a degree in today’s world, students have many different options to choose from. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value ME Schools for a Bachelor’s in Maryland For Those Making $48-$75k” ranking - to help you make that decision.

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 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.

For this year’s “Best Value ME Schools for a Bachelor’s in Maryland For Those Making $48-$75k” ranking, we looked at 3 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. Check out our ranking methodology for more information.

One Size Does Not Fit All

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 $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to 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 for a Bachelor’s in Maryland For Those Making $48-$75k

The following schools top our list of the Best Best Value ME Schools for a Bachelor’s in Maryland For Those Making $48-$75k.

Top 3 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $48-$75k) in Maryland

#1

Johns Hopkins University

Baltimore, Maryland

#1 in overall quality

$9,049 Average Net Price

$68,219 Average Early-Career Earnings

Out of the 3 schools in the Best Value ME Schools for a Bachelor’s in Maryland For Those Making $48-$75k that were part of this year’s ranking, Johns Hopkins University landed the #1 spot on the list. Johns Hopkins University is a large private not-for-profit school situated in Baltimore, Maryland. It awarded 40 bachelors’s ME degrees in 2019-2020.

In addition to being on our maryland bachelor’s degree me students whose families make $48-$75k list, Johns Hopkins has also earned the #1 rank in our “Best Mechanical Engineering Bachelor’s Degree Schools in Maryland” ranking. The yearly cost to attend Johns Hopkins is $9,049 for Maryland Bachelor’s Degree ME students whose families make $48-$75k.

With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The student loan default rate at the school is 1.3%, 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 97%.

Read full report on Mechanical Engineering at Johns Hopkins University

#2

University of Maryland - College Park

College Park, Maryland

#2 in overall quality

$18,418 Average Net Price

$69,338 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend University of Maryland - College Park. The school came in at #2 for the Best Value ME Schools for a Bachelor’s in Maryland For Those Making $48-$75k. UMCP is located in College Park, Maryland and, has a large student population. In 2019-2020, this school awarded 336 bachelors’s ME degrees to qualified students.

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 estimated yearly cost for UMCP is $18,418 for maryland bachelor’s degree me students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 95%. The low student loan default rate of 2.4% 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 more about Mechanical Engineering at UMCP

#3

University of Maryland - Baltimore County

Baltimore, Maryland

#3 in overall quality

$20,614 Average Net Price

$62,129 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend University of Maryland - Baltimore County. The school came in at #3 for the Best Value ME Schools for a Bachelor’s in Maryland For Those Making $48-$75k. This fairly large school is located in Baltimore, Maryland, and it awarded 120 bachelors’s ME degrees in 2019-2020.

UMBC also took the #3 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in Maryland” ranking. It costs about $20,614 for maryland bachelor’s degree me students whose families make $48-$75k per year to attend University of Maryland - Baltimore County.

The low student loan default rate of 4.3% 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%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.

Full University of Maryland - Baltimore County Mechanical Engineering Report

• Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $48-$75k) in the Middle Atlantic Region
• Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $48-$75k)

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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