2022 Best Value Colleges for Mechanical Engineering (Income $48-$75k) in Colorado
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 Colorado For Those Making $48-$75k” 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 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 $48-$75k” ranking analyzed 6 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.
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. For more information, check out our ranking methodology.
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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 Colorado For Those Making $48-$75k”.
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 $48-$75k
The colleges and universities below are the best for colorado me students whose families make $48-$75k.
Top 6 Best Value Colleges for Mechanical Engineering (Income $48-$75k) in Colorado
Out of the 6 schools in the Best Value ME Schools in Colorado For Those Making $48-$75k that were part of this year’s ranking, Colorado State University - Fort Collins landed the #1 spot on the list. Colorado State University - Fort Collins is located in Fort Collins, Colorado and, has a large student population. In 2019-2020, this school awarded 254 ’s ME degrees to qualified students.
Colorado State did well in our major quality rankings, too. It placed #3 on our “Best Mechanical Engineering Schools in Colorado” list. It costs about $15,927 for Colorado ME students whose families make $48-$75k per year to attend Colorado State.
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%.
Full Colorado State University - Fort Collins Mechanical Engineering Report
Out of the 6 schools in the Best Value ME Schools in Colorado For Those Making $48-$75k that were part of this year’s ranking, University of Colorado Boulder landed the #2 spot on the list. CU - Boulder is located in Boulder, Colorado and, has a large student population. In 2019-2020, this school awarded 403 ’s ME degrees to qualified students.
In addition to being on our colorado me students whose families make $48-$75k list, CU - Boulder has also earned the #2 rank in our “Best Mechanical Engineering Schools in Colorado” ranking. It costs about $18,979 for Colorado ME students whose families make $48-$75k per year to attend University of Colorado Boulder.
Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The school has an impressive student loan default rate. It’s only 3.0%, which is much lower than the national rate of 10.1%.
Full University of Colorado Boulder Mechanical Engineering Report
You’ll join some of the best and brightest minds around if you attend University of Colorado Denver/Anschutz Medical Campus. The school came in at #3 for the Best Value ME Schools in Colorado For Those Making $48-$75k. CU Anschutz is a large public school situated in Denver, Colorado. It awarded 82 ’s ME degrees in 2019-2020.
CU Anschutz also made our “Best Mechanical Engineering Schools in Colorado” list, coming in at #5. It costs about $15,630 for colorado me students whose families make $48-$75k per year to attend University of Colorado Denver/Anschutz Medical Campus.
The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.
Read more about Mechanical Engineering at University of Colorado Denver/Anschutz Medical Campus
You’ll be in good company if you decide to attend Colorado School of Mines. It ranked #4 on our 2022 Best Value ME Schools in Colorado For Those Making $48-$75k list. Mines is a medium-sized public school situated in Golden, Colorado. It awarded 382 ’s ME degrees in 2019-2020.
Mines not only placed well in this ranking. It is also #1 on our “Best Mechanical Engineering Schools in Colorado” list. The yearly cost to attend Colorado School of Mines is $21,449 for Colorado ME students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 92%. The low student loan default rate of 1.7% 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%.
You’ll be in good company if you decide to attend University of Colorado at Colorado Springs. It ranked #5 on our 2022 Best Value ME Schools in Colorado For Those Making $48-$75k list. Located in Colorado Springs, Colorado, this fairly large public school handed out 124 degrees to qualified ’s ME students in 2019-2020.
UCCS also took the #6 spot in our “Best Mechanical Engineering Schools in Colorado” ranking. The yearly cost to attend UCCS is $15,920 for colorado me students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 4.7%, which is much lower than the national rate of 10.1%.
University of Denver did quite well in the 2022 Best Value ME Schools in Colorado For Those Making $48-$75k ranking, coming in at #6. University of Denver is located in Denver, Colorado and, has a fairly large student population. In 2019-2020, this school awarded 49 ’s ME degrees to qualified students.
As a testament to the quality of education offered at DU, the school also landed the #4 spot in our “Best Mechanical Engineering Schools in Colorado” ranking. The estimated yearly cost for University of Denver is $27,530 for colorado me students whose families make $48-$75k.
The low student loan default rate of 1.9% 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%.
- Best Value Colleges for Mechanical Engineering (Income $48-$75k) in the Rocky Mountains Region
- Best Value Colleges for Mechanical Engineering (Income $48-$75k)
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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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