2022 Best Value Colleges for Mechanical Engineering (Income Over $110k) in Illinois
Students have lots of options to chooose from today when trying to decide which college to attend. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Vallue ME Schools in Illinois For Those Making Over $110k” 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 Illinois, there were 1,232 mechanical engineering graduates with average earnings and debt of $62,288 and $21,821 respectively.
For this year’s “Best Vallue ME Schools in Illinois For Those Making Over $110k” ranking, we looked at 9 colleges that offer 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.
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.
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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Vallue ME Schools in Illinois For Those Making Over $110k” list to help you make the college decision.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
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Best Vallue ME Schools in Illinois For Those Making Over $110k
The colleges and universities below are the best for illinois me students whose families make more than $110k.
Top 9 Best Value Colleges for Mechanical Engineering (Income Over $110k) in Illinois
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #1 on our 2022 Best Vallue ME Schools in Illinois For Those Making Over $110k list. UIUC is a large public school situated in Champaign, Illinois. It awarded 300 ’s ME degrees in 2019-2020.
UIUC also took the #2 spot in our “Best Mechanical Engineering Schools in Illinois” ranking. The yearly cost to attend UIUC is $15,880 for Illinois ME students whose families make more than $110k.
With a freshman retention rate of 94%, the school does an excellent job of retaining its students. 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%.
You’ll join some of the best and brightest minds around if you attend Northern Illinois University. The school came in at #2 for the Best Vallue ME Schools in Illinois For Those Making Over $110k. Northern Illinois University is a public institution located in Dekalb, Illinois. The school has a fairly large population, and it awarded 141 ’s degrees in 2019-2020.
As a testament to the quality of education offered at NIU, the school also landed the #6 spot in our “Best Mechanical Engineering Schools in Illinois” ranking. The yearly cost to attend Northern Illinois University is $18,259 for Illinois ME students whose families make more than $110k.
Read more about Mechanical Engineering at Northern Illinois University
You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #3 on our 2022 Best Vallue ME Schools in Illinois For Those Making Over $110k list. This large school is located in Chicago, Illinois, and it awarded 247 ’s ME degrees in 2019-2020.
As a testament to the quality of education offered at UIC, the school also landed the #5 spot in our “Best Mechanical Engineering Schools in Illinois” ranking. The estimated yearly cost for UIC is $13,312 for Illinois ME students whose families make more than $110k.
The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.
Out of the 9 schools in the Best Vallue ME Schools in Illinois For Those Making Over $110k that were part of this year’s ranking, Southern Illinois University Edwardsville landed the #4 spot on the list. SIUE is a fairly large school located in Edwardsville, Illinois that handed out 86 ’s ME degrees in 2019-2020.
In addition to being on our illinois me students whose families make more than $110k list, SIUE has also earned the #8 rank in our “Best Mechanical Engineering Schools in Illinois” ranking. The yearly cost to attend Southern Illinois University Edwardsville is $14,423 for Illinois ME students whose families make more than $110k.
Read full report on Mechanical Engineering at Southern Illinois University Edwardsville
Out of the 9 schools in the Best Vallue ME Schools in Illinois For Those Making Over $110k that were part of this year’s ranking, Southern Illinois University Carbondale landed the #5 spot on the list. SIUC is a fairly large public school situated in Carbondale, Illinois. It awarded 63 ’s ME degrees in 2019-2020.
As a testament to the quality of education offered at SIUC, the school also landed the #7 spot in our “Best Mechanical Engineering Schools in Illinois” ranking. The estimated yearly cost for SIUC is $16,945 for Illinois ME students whose families make more than $110k.
Western Illinois University landed the #6 spot on the 2022 Best Vallue ME Schools in Illinois For Those Making Over $110k ranking. This medium-sized school is located in Macomb, Illinois, and it awarded 14 ’s ME degrees in 2019-2020.
WIU did well in our major quality rankings, too. It placed #9 on our “Best Mechanical Engineering Schools in Illinois” list. It costs about $16,210 for Illinois ME students whose families make more than $110k per year to attend WIU.
Illinois Institute of Technology came in at #7 in this year’s edition of the Best Vallue ME Schools in Illinois For Those Making Over $110k ranking. Located in Chicago, Illinois, this medium-sized private not-for-profit school handed out 166 degrees to qualified ’s ME students in 2019-2020.
Illinois Tech also made our “Best Mechanical Engineering Schools in Illinois” list, coming in at #4. The yearly cost to attend Illinois Institute of Technology is $22,831 for illinois me students whose families make more than $110k.
With a freshman retention rate of 87%, the school does an excellent job of retaining its students. The student-to-faculty ratio of 10 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 2.9%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #8, Bradley University did quite well on the 2022 Best Vallue ME Schools in Illinois For Those Making Over $110k list. Bradley is a medium-sized school located in Peoria, Illinois that handed out 84 ’s ME degrees in 2019-2020.
As a testament to the quality of education offered at Bradley, the school also landed the #3 spot in our “Best Mechanical Engineering Schools in Illinois” ranking. The yearly cost to attend Bradley University is $25,634 for illinois me students whose families make more than $110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The low student loan default rate of 2.5% 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%.
Northwestern University did quite well in the 2022 Best Vallue ME Schools in Illinois For Those Making Over $110k ranking, coming in at #9. Northwestern University is a large private not-for-profit school situated in Evanston, Illinois. It awarded 128 ’s ME degrees in 2019-2020.
Northwestern did well in our major quality rankings, too. It placed #1 on our “Best Mechanical Engineering Schools in Illinois” list. The yearly cost to attend Northwestern University is $24,664 for Illinois ME students whose families make more than $110k.
The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%. The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.
- Best Value Colleges for Mechanical Engineering (Income Over $110k) in the Great Lakes Region
- Best Value Colleges for Mechanical Engineering (Income Over $110k)
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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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