2023 Best Vallue ME Schools in Maine For Those Making Over $110k
2
Ranked Colleges
105
Degrees Awarded
$18,200
Avg Net Price*
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 Vallue ME Schools in Maine For Those Making Over $110k” ranking is part of that endeavor.
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 Vallue ME Schools in Maine For Those Making Over $110k” ranking analyzed 2 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.
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.
More Ways to Rank Mechanical Engineering Schools
Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Vallue ME Schools in Maine For Those Making Over $110k” list, to help you choose the best school for you.
One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to 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.
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Best Vallue ME Schools in Maine For Those Making Over $110k
The following schools top our list of the Best Best Vallue ME Schools in Maine For Those Making Over $110k.
Top 2 Best Value Colleges for Mechanical Engineering (Income Over $110k) in Maine
Out of the 2 schools in the Best Vallue ME Schools in Maine For Those Making Over $110k that were part of this year’s ranking, University of Maine landed the #1 spot on the list. This fairly large school is located in Orono, Maine, and it awarded 80 ’s ME degrees in 2020-2021.
UMaine also made our “Best Mechanical Engineering Schools in Maine” list, coming in at #1. It costs about $16,033 for Maine ME students whose families make more than $110k per year to attend University of Maine.
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%.
Read more about Mechanical Engineering at UMaine
You’ll be in good company if you decide to attend University of Southern Maine. It ranked #2 on our 2023 Best Vallue ME Schools in Maine For Those Making Over $110k list. This medium-sized school is located in Portland, Maine, and it awarded 25 ’s ME degrees in 2020-2021.
University of Southern Maine also took the #2 spot in our “Best Mechanical Engineering Schools in Maine” ranking. The estimated yearly cost for University of Southern Maine is $12,055 for maine me students whose families make more than $110k.
The school has an impressive undergrad student loan default rate. It’s only 4.2%, which is much lower than the national rate of 10.1%.
Full University of Southern Maine Mechanical Engineering Report
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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
