2022 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $75-$110k) in Maryland
When pursuing a degree in today’s world, students have many different options to choose from. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value ME Schools for a Bachelor’s in Maryland For Those Making $75-$110k” ranking is part of that endeavor.
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.
This year’s “Best Value ME Schools for a Bachelor’s in Maryland For Those Making $75-$110k” ranking analyzed 3 colleges that offered 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.
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. See our ranking methodology to learn more.
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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 $75-$110k” ranking, along with many other major-related rankings, to help you make that decision.
In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. 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 $75-$110k
The following schools top our list of the Best Best Value ME Schools for a Bachelor’s in Maryland For Those Making $75-$110k.
Top 3 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $75-$110k) in Maryland
You’ll join some of the best and brightest minds around if you attend Johns Hopkins University. The school came in at #1 for the Best Value ME Schools for a Bachelor’s in Maryland For Those Making $75-$110k. Johns Hopkins University is located in Baltimore, Maryland and, has a large student population. In 2019-2020, this school awarded 40 bachelors’s ME degrees to qualified students.
Johns Hopkins also made our “Best Mechanical Engineering Bachelor’s Degree Schools in Maryland” list, coming in at #1. It costs about $19,177 for Maryland Bachelor’s Degree ME students whose families make $75-$110k per year to attend Johns Hopkins.
Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. The low student loan default rate of 1.3% 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%.
Out of the 3 schools in the Best Value ME Schools for a Bachelor’s in Maryland For Those Making $75-$110k that were part of this year’s ranking, University of Maryland - College Park landed the #2 spot on the list. UMCP is a large school located in College Park, Maryland that handed out 336 bachelors’s ME degrees in 2019-2020.
In addition to being on our maryland bachelor’s degree me students whose families make $75-$110k list, UMCP has also earned the #2 rank in our “Best Mechanical Engineering Bachelor’s Degree Schools in Maryland” ranking. The estimated yearly cost for University of Maryland - College Park is $22,710 for Maryland Bachelor’s Degree ME students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 95%.
Read full report on Mechanical Engineering at University of Maryland - College Park
Out of the 3 schools in the Best Value ME Schools for a Bachelor’s in Maryland For Those Making $75-$110k that were part of this year’s ranking, University of Maryland - Baltimore County landed the #3 spot on the list. University of Maryland - Baltimore County is a fairly large school located in Baltimore, Maryland that handed out 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. The yearly cost to attend UMBC is $23,922 for maryland bachelor’s degree me students whose families make $75-$110k.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 4.3%, which is quite low when compared to the national default rate of 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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