2022 Best Value Bachelor’s Degree Colleges for Engineering (Income $0-$30k) in Indiana
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 Value Engineering Schools for a Bachelor’s in Indiana For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.
With 200,458 degrees handed out in 2019-2020, engineering is the 6th most popular major in the United States. In 2017-2018, engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,888 and had an average of $23,564 in loans still to pay off.
Across Indiana, there were 5,513 engineering graduates with average earnings and debt of $67,347 and $23,483 respectively. At the bachelor’s degree level specifically, there were 3,858 engineering graduates with average earnings and debt of $39,620 and $24,786 respectively.
This year’s “Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $0-$30k” ranking analyzed 13 colleges that offered a degree in engineering. This ranking identifies schools with high-quality engineering programs that also have a lower cost than schools of similar quality.
Some of the factors we look at when determining these rankings are overall quality of the engineering program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.
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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 Engineering Schools for a Bachelor’s in Indiana For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $0-$30k
The colleges and universities below are the best for indiana bachelor’s degree engineering students whose families make $0-$30k.
Top 13 Best Value Bachelor’s Degree Colleges for Engineering (Income $0-$30k) in Indiana
Out of the 13 schools in the Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $0-$30k that were part of this year’s ranking, Purdue University - Main Campus landed the #1 spot on the list. Located in West Lafayette, Indiana, this large public school handed out 2,012 degrees to qualified bachelors’s engineering students in 2019-2020.
As a testament to the quality of education offered at Purdue, the school also landed the #3 spot in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Purdue University - Main Campus is $5,483 for indiana bachelor’s degree engineering students whose families make $0-$30k.
With a freshman retention rate of 93%, the school does an excellent job of retaining its students. The low student loan default rate of 2.2% 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 13 schools in the Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $0-$30k that were part of this year’s ranking, University of Notre Dame landed the #2 spot on the list. Notre Dame, Indiana is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out bachelors’s engineering degrees to 347 students in 2019-2020.
In addition to being on our indiana bachelor’s degree engineering students whose families make $0-$30k list, Notre Dame has also earned the #1 rank in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for University of Notre Dame is $12,498 for Indiana Bachelor’s Degree Engineering students whose families make $0-$30k.
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 0.7% 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%. Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.
You’ll join some of the best and brightest minds around if you attend Indiana University - Purdue University - Indianapolis. The school came in at #3 for the Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $0-$30k. Indiana University - Purdue University - Indianapolis is a large public school situated in Indianapolis, Indiana. It awarded 330 bachelors’s engineering degrees in 2019-2020.
IUPUI also made our “Best Engineering Bachelor’s Degree Schools in Indiana” list, coming in at #6. It costs about $5,052 for indiana bachelor’s degree engineering students whose families make $0-$30k per year to attend IUPUI.
Out of the 13 schools in the Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $0-$30k that were part of this year’s ranking, Purdue University Northwest landed the #4 spot on the list. This medium-sized school is located in Hammond, Indiana, and it awarded 141 bachelors’s engineering degrees in 2019-2020.
Purdue Northwest also made our “Best Engineering Bachelor’s Degree Schools in Indiana” list, coming in at #8. It costs about $6,911 for Indiana Bachelor’s Degree Engineering students whose families make $0-$30k per year to attend Purdue Northwest.
You’ll be in good company if you decide to attend University of Southern Indiana. It ranked #5 on our 2022 Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. USI is a public institution located in Evansville, Indiana. The school has a fairly large population, and it awarded 71 bachelors’s degrees in 2019-2020.
In addition to being on our indiana bachelor’s degree engineering students whose families make $0-$30k list, USI has also earned the #10 rank in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend University of Southern Indiana is $8,244 for indiana bachelor’s degree engineering students whose families make $0-$30k.
The low student loan default rate of 5.0% 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%.
With a ranking of #6, Purdue University Fort Wayne did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. PFW is a public institution located in Fort Wayne, Indiana. The school has a medium-sized population, and it awarded 67 bachelors’s degrees in 2019-2020.
PFW also made our “Best Engineering Bachelor’s Degree Schools in Indiana” list, coming in at #12. It costs about $7,129 for indiana bachelor’s degree engineering students whose families make $0-$30k per year to attend Purdue University Fort Wayne.
Grace College and Theological Seminary did quite well in the 2022 Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $0-$30k ranking, coming in at #7. Winona Lake, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s engineering degrees to 7 students in 2019-2020.
Grace College not only placed well in this ranking. It is also #7 on our “Best Engineering Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Grace College and Theological Seminary is $17,874 for indiana bachelor’s degree engineering students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.
Read full report on Engineering at Grace College and Theological Seminary
University of Evansville ranked #8 on this year’s Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. This small school is located in Evansville, Indiana, and it awarded 45 bachelors’s engineering degrees in 2019-2020.
In addition to being on our indiana bachelor’s degree engineering students whose families make $0-$30k list, UE has also earned the #5 rank in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. It costs about $15,212 for Indiana Bachelor’s Degree Engineering students whose families make $0-$30k per year to attend UE.
The low student loan default rate of 3.3% 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%. The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.
With a ranking of #9, Indiana Institute of Technology did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. Located in Fort Wayne, Indiana, this small private not-for-profit school awarded 92 diplomas to qualified bachelors’s engineering students in 2019-2020.
Indiana Tech also made our “Best Engineering Bachelor’s Degree Schools in Indiana” list, coming in at #11. It costs about $19,286 for Indiana Bachelor’s Degree Engineering students whose families make $0-$30k per year to attend Indiana Tech.
Trine University ranked #10 on this year’s Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. Trine is a small school located in Angola, Indiana that handed out 126 bachelors’s engineering degrees in 2019-2020.
In addition to being on our indiana bachelor’s degree engineering students whose families make $0-$30k list, Trine has also earned the #9 rank in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. It costs about $19,700 for Indiana Bachelor’s Degree Engineering students whose families make $0-$30k per year to attend Trine.
The low student loan default rate of 4.8% 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%.
With a ranking of #11, Valparaiso University did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. Valparaiso University is a private not-for-profit institution located in Valparaiso, Indiana. The school has a small population, and it awarded 131 bachelors’s degrees in 2019-2020.
Valpo not only placed well in this ranking. It is also #4 on our “Best Engineering Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Valpo is $13,588 for Indiana Bachelor’s Degree Engineering students whose families make $0-$30k.
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 #12, Rose - Hulman Institute of Technology did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $0-$30k list. Terre Haute, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s engineering degrees to 396 students in 2019-2020.
As a testament to the quality of education offered at Rose - Hulman Institute of Technology, the school also landed the #2 spot in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. It costs about $34,275 for indiana bachelor’s degree engineering students whose families make $0-$30k per year to attend Rose - Hulman Institute of Technology.
The school has an impressive student loan default rate. It’s only 0.2%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Read more about Engineering at Rose - Hulman Institute of Technology
Indiana Institute of Technology - College of Professional Studies landed the #13 spot on the 2022 Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $0-$30k ranking. Indiana Tech - CPS is located in Fort-Wayne, Indiana and, has a small student population. In 2019-2020, this school awarded 20 bachelors’s engineering degrees to qualified students.
In addition to being on our indiana bachelor’s degree engineering students whose families make $0-$30k list, Indiana Tech - CPS has also earned the #13 rank in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Indiana Institute of Technology - College of Professional Studies is $16,134 for Indiana Bachelor’s Degree Engineering students whose families make $0-$30k.
- Best Value Bachelor’s Degree Colleges for Engineering (Income $0-$30k) in the Great Lakes Region
- Best Value Bachelor’s Degree Colleges for Engineering (Income $0-$30k)
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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 Petty Officer 3rd Class Declan Barnes.
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