2022 Best Value Bachelor’s Degree Colleges for Engineering (Income $30-$48k) in Indiana
With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $30-$48k” ranking - to help you make that decision.
In 2019-2020, 200,458 engineering students received their degree, making the major the 6th most popular in the country. 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 $30-$48k” ranking analyzed 13 colleges that offered a degree in engineering. Not only do the schools that top this list have excellent engineering programs, but they also cost less that 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. See our ranking methodology to learn more.
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One Size Does Not Fit All
The engineering 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 Engineering Schools for a Bachelor’s in Indiana For Those Making $30-$48k”.
We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. 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.
Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $30-$48k
The following schools top our list of the Best Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $30-$48k.
Top 13 Best Value Bachelor’s Degree Colleges for Engineering (Income $30-$48k) in Indiana
Out of the 13 schools in the Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $30-$48k that were part of this year’s ranking, Purdue University - Main Campus landed the #1 spot on the list. Purdue University - Main Campus is located in West Lafayette, Indiana and, has a large student population. In 2019-2020, this school awarded 2,012 bachelors’s engineering degrees to qualified students.
Purdue also took the #3 spot in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. It costs about $5,879 for Indiana Bachelor’s Degree Engineering students whose families make $30-$48k per year to attend Purdue.
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%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.
Read full report on Engineering at Purdue University - Main Campus
Out of the 13 schools in the Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $30-$48k that were part of this year’s ranking, University of Notre Dame landed the #2 spot on the list. University of Notre Dame is a fairly large school located in Notre Dame, Indiana that handed out 347 bachelors’s engineering degrees in 2019-2020.
Notre Dame also took the #1 spot in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Notre Dame is $15,609 for indiana bachelor’s degree engineering students whose families make $30-$48k.
With a student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. 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%.
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 $30-$48k. Indianapolis, Indiana is the setting for this large institution of higher learning. The public school handed out bachelors’s engineering degrees to 330 students in 2019-2020.
IUPUI did well in our major quality rankings, too. It placed #6 on our “Best Engineering Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Indiana University - Purdue University - Indianapolis is $6,315 for indiana bachelor’s degree engineering students whose families make $30-$48k.
Out of the 13 schools in the Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $30-$48k that were part of this year’s ranking, Purdue University Northwest landed the #4 spot on the list. Located in Hammond, Indiana, this medium-sized public school handed out 141 diplomas to qualified bachelors’s engineering students in 2019-2020.
Purdue Northwest also took the #8 spot in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. It costs about $8,401 for Indiana Bachelor’s Degree Engineering students whose families make $30-$48k per year to attend Purdue University 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 $30-$48k list. USI is a fairly large school located in Evansville, Indiana that handed out 71 bachelors’s engineering degrees in 2019-2020.
USI not only placed well in this ranking. It is also #10 on our “Best Engineering Bachelor’s Degree Schools in Indiana” list. It costs about $9,842 for indiana bachelor’s degree engineering students whose families make $30-$48k per year to attend University of Southern Indiana.
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 $30-$48k list. PFW is located in Fort Wayne, Indiana and, has a medium-sized student population. In 2019-2020, this school awarded 67 bachelors’s engineering degrees to qualified students.
As a testament to the quality of education offered at PFW, the school also landed the #12 spot in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. It costs about $7,686 for indiana bachelor’s degree engineering students whose families make $30-$48k per year to attend PFW.
Read full report on Engineering at Purdue University Fort Wayne
Grace College and Theological Seminary came in at #7 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $30-$48k ranking. 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 did well in our major quality rankings, too. It placed #7 on our “Best Engineering Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Grace College is $15,373 for Indiana Bachelor’s Degree Engineering students whose families make $30-$48k.
The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Engineering at Grace College and Theological Seminary
Valparaiso University came in at #8 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $30-$48k ranking. Valpo is a small private not-for-profit school situated in Valparaiso, Indiana. It awarded 131 bachelors’s engineering degrees in 2019-2020.
Valpo also took the #4 spot in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. It costs about $14,913 for indiana bachelor’s degree engineering students whose families make $30-$48k per year to attend Valpo.
The low student loan default rate of 2.9% 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%.
University of Evansville did quite well in the 2022 Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $30-$48k ranking, coming in at #9. Located in Evansville, Indiana, this small private not-for-profit school awarded 45 diplomas to qualified bachelors’s engineering students in 2019-2020.
In addition to being on our indiana bachelor’s degree engineering students whose families make $30-$48k list, UE has also earned the #5 rank in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. It costs about $16,370 for indiana bachelor’s degree engineering students whose families make $30-$48k per year to attend UE.
The school has an impressive student loan default rate. It’s only 3.3%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Trine University came in at #10 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $30-$48k ranking. Located in Angola, Indiana, this small private not-for-profit school handed out 126 diplomas to qualified bachelors’s engineering students in 2019-2020.
In addition to being on our indiana bachelor’s degree engineering students whose families make $30-$48k list, Trine has also earned the #9 rank in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Trine University is $19,821 for Indiana Bachelor’s Degree Engineering students whose families make $30-$48k.
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%.
Indiana Institute of Technology ranked #11 on this year’s Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $30-$48k list. Indiana Institute of Technology is a small school located in Fort Wayne, Indiana that handed out 92 bachelors’s engineering degrees in 2019-2020.
As a testament to the quality of education offered at Indiana Tech, the school also landed the #11 spot in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Indiana Tech is $16,649 for indiana bachelor’s degree engineering students whose families make $30-$48k.
Rose - Hulman Institute of Technology did quite well in the 2022 Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $30-$48k ranking, coming in at #12. Rose - Hulman Institute of Technology is a private not-for-profit institution located in Terre Haute, Indiana. The school has a small population, and it awarded 396 bachelors’s degrees in 2019-2020.
In addition to being on our indiana bachelor’s degree engineering students whose families make $30-$48k list, Rose - Hulman Institute of Technology has also earned the #2 rank in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Rose - Hulman Institute of Technology is $33,304 for Indiana Bachelor’s Degree Engineering students whose families make $30-$48k.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 90%. 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.
Read full report on Engineering at Rose - Hulman Institute of Technology
With a ranking of #13, Indiana Institute of Technology - College of Professional Studies did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $30-$48k list. This small school is located in Fort-Wayne, Indiana, and it awarded 20 bachelors’s engineering degrees in 2019-2020.
Indiana Tech - CPS also made our “Best Engineering Bachelor’s Degree Schools in Indiana” list, coming in at #13. The estimated yearly cost for Indiana Tech - CPS is $15,654 for Indiana Bachelor’s Degree Engineering students whose families make $30-$48k.
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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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