2023 Best Value ME Schools in Maine For Those Making $75-$110k
2
Ranked Colleges
105
Degrees Awarded
$17,000
Avg Net Price*
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value ME Schools in Maine For Those Making $75-$110k” ranking as one item you can use to help make this decision.
Mechanical Engineering is the 21st most popular major in the country with 46,178 degrees awarded in 2020-2021. In 2019-2020, mechanical engineering graduates who were awarded their degree in 2017-2019, earned an average of $69,007 and had an average of $23,944 in loans still to pay off.
Across Maine, there were 105 mechanical engineering graduates with average earnings and debt of $62,383 and $29,590 respectively.
This year’s “Best Value ME Schools in Maine For Those Making $75-$110k” ranking looked at 2 colleges that offer degrees in a bachelor’s 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.
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. Check out our ranking methodology for more information.
More Ways to Rank Mechanical Engineering Schools
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 Maine For Those Making $75-$110k”.
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. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value ME Schools in Maine For Those Making $75-$110k
The following schools top our list of the Best Best Value ME Schools in Maine For Those Making $75-$110k.
Top 2 Best Value Colleges for Mechanical Engineering (Income $75-$110k) in Maine
You’ll be in good company if you decide to attend University of Maine. It ranked #1 on our 2023 Best Value ME Schools in Maine For Those Making $75-$110k list. UMaine is a fairly large public school situated in Orono, Maine. It awarded 80 ’s ME degrees in 2020-2021.
UMaine also took the #1 spot in our “Best Mechanical Engineering Schools in Maine” ranking. The estimated yearly cost for University of Maine is $18,484 for maine me students whose families make $75-$110k.
The low undergrad student loan default rate of 4.0% 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%.
Full University of Maine Mechanical Engineering Report
You’ll join some of the best and brightest minds around if you attend University of Southern Maine. The school came in at #2 for the Best Value ME Schools in Maine For Those Making $75-$110k. Located in Portland, Maine, this medium-sized public school awarded 25 degrees to qualified ’s ME students in 2020-2021.
University of Southern Maine not only placed well in this ranking. It is also #2 on our “Best Mechanical Engineering Schools in Maine” list. The yearly cost to attend University of Southern Maine is $15,604 for maine me students whose families make $75-$110k.
The undergrad student loan default rate at the school is 4.2%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Mechanical Engineering at University of Southern Maine
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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
- *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
