2022 Best Value Colleges for Mechanical Engineering (Income $48-$75k) in Massachusetts
When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 Massachusetts For Those Making $48-$75k” ranking.
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 Massachusetts, there were 2,211 mechanical engineering graduates with average earnings and debt of $74,031 and $28,490 respectively.
This year’s “Best Value ME Schools in Massachusetts For Those Making $48-$75k” ranking looked at 12 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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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value ME Schools in Massachusetts For Those Making $48-$75k” list, to help you choose the best school for you.
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Best Value ME Schools in Massachusetts For Those Making $48-$75k
The colleges and universities below are the best for massachusetts me students whose families make $48-$75k.
Top 12 Best Value Colleges for Mechanical Engineering (Income $48-$75k) in Massachusetts
You’ll join some of the best and brightest minds around if you attend Massachusetts Institute of Technology. The school came in at #1 for the Best Value ME Schools in Massachusetts For Those Making $48-$75k. This fairly large school is located in Cambridge, Massachusetts, and it awarded 334 ’s ME degrees in 2019-2020.
MIT did well in our major quality rankings, too. It placed #2 on our “Best Mechanical Engineering Schools in Massachusetts” list. The yearly cost to attend Massachusetts Institute of Technology is $6,049 for massachusetts me students whose families make $48-$75k.
The low student loan default rate of 1.1% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 98%. The student-to-faculty ratio of 3 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Full Massachusetts Institute of Technology Mechanical Engineering Report
You’ll be in good company if you decide to attend Harvard University. It ranked #2 on our 2022 Best Value ME Schools in Massachusetts For Those Making $48-$75k list. This large school is located in Cambridge, Massachusetts, and it awarded 19 ’s ME degrees in 2019-2020.
Harvard not only placed well in this ranking. It is also #4 on our “Best Mechanical Engineering Schools in Massachusetts” list. The estimated yearly cost for Harvard is $3,411 for Massachusetts ME students whose families make $48-$75k.
The student-to-faculty ratio of 5 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The student loan default rate at the school is 1.1%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Mechanical Engineering at Harvard University
You’ll be in good company if you decide to attend Olin College. It ranked #3 on our 2022 Best Value ME Schools in Massachusetts For Those Making $48-$75k list. Olin College is located in Needham, Massachusetts and, has a small student population. In 2019-2020, this school awarded 36 ’s ME degrees to qualified students.
Olin College also took the #1 spot in our “Best Mechanical Engineering Schools in Massachusetts” ranking. The estimated yearly cost for Olin College is $5,574 for massachusetts 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.
Out of the 12 schools in the Best Value ME Schools in Massachusetts For Those Making $48-$75k that were part of this year’s ranking, Northeastern University landed the #4 spot on the list. Northeastern University is located in Boston, Massachusetts and, has a large student population. In 2019-2020, this school awarded 387 ’s ME degrees to qualified students.
Northeastern not only placed well in this ranking. It is also #5 on our “Best Mechanical Engineering Schools in Massachusetts” list. The yearly cost to attend Northeastern is $17,692 for Massachusetts ME students whose families make $48-$75k.
The low student loan default rate of 2.2% 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 97%, which means students like the school well enough to return for a second year.
You’ll join some of the best and brightest minds around if you attend Boston University. The school came in at #5 for the Best Value ME Schools in Massachusetts For Those Making $48-$75k. Boston University is a large school located in Boston, Massachusetts that handed out 267 ’s ME degrees in 2019-2020.
Boston U also made our “Best Mechanical Engineering Schools in Massachusetts” list, coming in at #7. It costs about $20,231 for massachusetts me students whose families make $48-$75k per year to attend Boston University.
The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The student loan default rate at the school is 1.4%, 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 92%.
Tufts University came in at #6 in this year’s edition of the Best Value ME Schools in Massachusetts For Those Making $48-$75k ranking. This fairly large school is located in Medford, Massachusetts, and it awarded 73 ’s ME degrees in 2019-2020.
Tufts also took the #3 spot in our “Best Mechanical Engineering Schools in Massachusetts” ranking. The yearly cost to attend Tufts is $13,525 for Massachusetts ME students whose families make $48-$75k.
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. Students who start out at the school are likely to stick around. The freshman retention rate is 92%. The school has an impressive student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%.
With a ranking of #7, University of Massachusetts Amherst did quite well on the 2022 Best Value ME Schools in Massachusetts For Those Making $48-$75k list. University of Massachusetts Amherst is a large school located in Amherst, Massachusetts that handed out 221 ’s ME degrees in 2019-2020.
UMass Amherst also took the #9 spot in our “Best Mechanical Engineering Schools in Massachusetts” ranking. The yearly cost to attend University of Massachusetts Amherst is $18,104 for Massachusetts ME students whose families make $48-$75k.
The school has an excellent freshman retention rate of 89%, 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 2.8%, which is much lower than the national rate of 10.1%.
University of Massachusetts - Lowell did quite well in the 2022 Best Value ME Schools in Massachusetts For Those Making $48-$75k ranking, coming in at #8. Lowell, Massachusetts is the setting for this fairly large institution of higher learning. The public school handed out ’s ME degrees to 256 students in 2019-2020.
UMass Lowell not only placed well in this ranking. It is also #10 on our “Best Mechanical Engineering Schools in Massachusetts” list. The estimated yearly cost for University of Massachusetts - Lowell is $16,672 for Massachusetts ME students whose families make $48-$75k.
The low student loan default rate of 4.4% 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 University of Massachusetts - Lowell
University of Massachusetts - Dartmouth ranked #9 on this year’s Best Value ME Schools in Massachusetts For Those Making $48-$75k list. This medium-sized school is located in North Dartmouth, Massachusetts, and it awarded 61 ’s ME degrees in 2019-2020.
In addition to being on our massachusetts me students whose families make $48-$75k list, UMass Dartmouth has also earned the #12 rank in our “Best Mechanical Engineering Schools in Massachusetts” ranking. The yearly cost to attend UMass Dartmouth is $18,658 for Massachusetts ME students whose families make $48-$75k.
Read full report on Mechanical Engineering at University of Massachusetts - Dartmouth
With a ranking of #10, Worcester Polytechnic Institute did quite well on the 2022 Best Value ME Schools in Massachusetts For Those Making $48-$75k list. Located in Worcester, Massachusetts, this medium-sized private not-for-profit school handed out 346 degrees to qualified ’s ME students in 2019-2020.
WPI also took the #6 spot in our “Best Mechanical Engineering Schools in Massachusetts” ranking. The yearly cost to attend WPI is $36,391 for Massachusetts ME students whose families make $48-$75k.
The student loan default rate at the school is 0.7%, 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 95%.
Full Worcester Polytechnic Institute Mechanical Engineering Report
Wentworth Institute of Technology ranked #11 on this year’s Best Value ME Schools in Massachusetts For Those Making $48-$75k list. Wentworth Institute of Technology is a small school located in Boston, Massachusetts that handed out 113 ’s ME degrees in 2019-2020.
WIT not only placed well in this ranking. It is also #8 on our “Best Mechanical Engineering Schools in Massachusetts” list. It costs about $34,857 for Massachusetts ME students whose families make $48-$75k per year to attend WIT.
The low student loan default rate of 3.0% 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%.
Merrimack College did quite well in the 2022 Best Value ME Schools in Massachusetts For Those Making $48-$75k ranking, coming in at #12. Located in North Andover, Massachusetts, this medium-sized private not-for-profit school awarded 37 degrees to qualified ’s ME students in 2019-2020.
Merrimack also took the #11 spot in our “Best Mechanical Engineering Schools in Massachusetts” ranking. It costs about $30,433 for massachusetts me students whose families make $48-$75k per year to attend Merrimack College.
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%.
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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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