2022 Best Value Bachelor’s Degree Colleges for Engineering (Income $30-$48k) in Massachusetts
When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Engineering Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k” ranking as one item you can use to help make this 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 Massachusetts, there were 9,337 engineering graduates with average earnings and debt of $74,600 and $25,045 respectively. At the bachelor’s degree level specifically, there were 4,824 engineering graduates with average earnings and debt of $42,887 and $24,387 respectively.
This year’s “Best Value Engineering Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k” ranking analyzed 15 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.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the engineering program at the school. For more information, check out our ranking methodology.
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Best Value Engineering Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k
The following schools top our list of the Best Best Value Engineering Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k.
Top 15 Best Value Bachelor’s Degree Colleges for Engineering (Income $30-$48k) in Massachusetts
Out of the 15 schools in the Best Value Engineering Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k that were part of this year’s ranking, Massachusetts Institute of Technology landed the #1 spot on the list. Located in Cambridge, Massachusetts, this fairly large private not-for-profit school awarded 383 diplomas to qualified bachelors’s engineering students in 2019-2020.
MIT also made our “Best Engineering Bachelor’s Degree Schools in Massachusetts” list, coming in at #2. It costs about $1,820 for Massachusetts Bachelor’s Degree Engineering students whose families make $30-$48k per year to attend MIT.
The school has an impressive student loan default rate. It’s only 1.1%, 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 98%. With a student-to-faculty ratio of 3 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
You’ll be in good company if you decide to attend Olin College. It ranked #2 on our 2022 Best Value Engineering Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k list. Olin College is a small private not-for-profit school situated in Needham, Massachusetts. It awarded 90 bachelors’s engineering degrees in 2019-2020.
Olin College not only placed well in this ranking. It is also #1 on our “Best Engineering Bachelor’s Degree Schools in Massachusetts” list. It costs about $3,388 for Massachusetts Bachelor’s Degree Engineering students whose families make $30-$48k per year to attend Olin College.
With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
You’ll join some of the best and brightest minds around if you attend Harvard University. The school came in at #3 for the Best Value Engineering Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k. Cambridge, Massachusetts is the setting for this large institution of higher learning. The private not-for-profit school handed out bachelors’s engineering degrees to 93 students in 2019-2020.
Harvard also made our “Best Engineering Bachelor’s Degree Schools in Massachusetts” list, coming in at #4. The estimated yearly cost for Harvard is $1,010 for Massachusetts Bachelor’s Degree Engineering students whose families make $30-$48k.
The student-to-faculty ratio of 5 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The low student loan default rate of 1.1% 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 15 schools in the Best Value Engineering Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k that were part of this year’s ranking, Massachusetts Maritime Academy landed the #4 spot on the list. Maritime is a public institution located in Buzzards Bay, Massachusetts. The school has a small population, and it awarded 174 bachelors’s degrees in 2019-2020.
Maritime not only placed well in this ranking. It is also #3 on our “Best Engineering Bachelor’s Degree Schools in Massachusetts” list. The estimated yearly cost for Massachusetts Maritime Academy is $6,689 for Massachusetts Bachelor’s Degree Engineering students whose families make $30-$48k.
The student loan default rate at the school is 2.7%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
You’ll be in good company if you decide to attend Northeastern University. It ranked #5 on our 2022 Best Value Engineering Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k list. Located in Boston, Massachusetts, this large private not-for-profit school awarded 784 diplomas to qualified bachelors’s engineering students in 2019-2020.
Northeastern not only placed well in this ranking. It is also #8 on our “Best Engineering Bachelor’s Degree Schools in Massachusetts” list. The estimated yearly cost for Northeastern University is $12,823 for massachusetts bachelor’s degree engineering students whose families make $30-$48k.
With a freshman retention rate of 97%, the school does an excellent job of retaining its students. The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%.
Tufts University landed the #6 spot on the 2022 Best Value Engineering Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking. Medford, Massachusetts is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out bachelors’s engineering degrees to 151 students in 2019-2020.
Tufts also took the #7 spot in our “Best Engineering Bachelor’s Degree Schools in Massachusetts” ranking. The yearly cost to attend Tufts University is $6,516 for massachusetts bachelor’s degree engineering students whose families make $30-$48k.
With a freshman retention rate of 92%, the school does an excellent job of retaining its students. 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. The school has an impressive student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%.
Boston University came in at #7 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking. Boston U is a large private not-for-profit school situated in Boston, Massachusetts. It awarded 430 bachelors’s engineering degrees in 2019-2020.
Boston U not only placed well in this ranking. It is also #6 on our “Best Engineering Bachelor’s Degree Schools in Massachusetts” list. The yearly cost to attend Boston University is $13,256 for massachusetts bachelor’s degree engineering students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 1.4%, which is much lower than the national rate of 10.1%. 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. Students who start out at the school are likely to stick around. The freshman retention rate is 92%.
Smith College did quite well in the 2022 Best Value Engineering Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking, coming in at #8. Smith is a private not-for-profit institution located in Northampton, Massachusetts. The school has a small population, and it awarded 49 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Smith, the school also landed the #9 spot in our “Best Engineering Bachelor’s Degree Schools in Massachusetts” ranking. It costs about $10,169 for massachusetts bachelor’s degree engineering students whose families make $30-$48k per year to attend Smith.
The low student loan default rate of 1.1% 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 7 to 1, those pursuing a degree will have more opportunities to interact with their professors.
University of Massachusetts Amherst came in at #9 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking. UMass Amherst is located in Amherst, Massachusetts and, has a large student population. In 2019-2020, this school awarded 493 bachelors’s engineering degrees to qualified students.
UMass Amherst did well in our major quality rankings, too. It placed #11 on our “Best Engineering Bachelor’s Degree Schools in Massachusetts” list. The estimated yearly cost for University of Massachusetts Amherst is $14,474 for Massachusetts Bachelor’s Degree Engineering students whose families make $30-$48k.
The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year. The low student loan default rate of 2.8% 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%.
University of Massachusetts - Lowell did quite well in the 2022 Best Value Engineering Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking, coming in at #10. UMass Lowell is a public institution located in Lowell, Massachusetts. The school has a fairly large population, and it awarded 606 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at UMass Lowell, the school also landed the #12 spot in our “Best Engineering Bachelor’s Degree Schools in Massachusetts” ranking. The yearly cost to attend University of Massachusetts - Lowell is $12,330 for Massachusetts Bachelor’s Degree Engineering students whose families make $30-$48k.
The low student loan default rate of 4.4% 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%.
University of Massachusetts - Boston did quite well in the 2022 Best Value Engineering Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking, coming in at #11. UMass Boston is a fairly large school located in Boston, Massachusetts that handed out 28 bachelors’s engineering degrees in 2019-2020.
As a testament to the quality of education offered at UMass Boston, the school also landed the #15 spot in our “Best Engineering Bachelor’s Degree Schools in Massachusetts” ranking. The yearly cost to attend University of Massachusetts - Boston is $15,055 for Massachusetts Bachelor’s Degree Engineering students whose families make $30-$48k.
Read more about Engineering at University of Massachusetts - Boston
University of Massachusetts - Dartmouth landed the #12 spot on the 2022 Best Value Engineering Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking. University of Massachusetts - Dartmouth is a public institution located in North Dartmouth, Massachusetts. The school has a medium-sized population, and it awarded 146 bachelors’s degrees in 2019-2020.
In addition to being on our massachusetts bachelor’s degree engineering students whose families make $30-$48k list, UMass Dartmouth has also earned the #14 rank in our “Best Engineering Bachelor’s Degree Schools in Massachusetts” ranking. The yearly cost to attend University of Massachusetts - Dartmouth is $15,219 for massachusetts bachelor’s degree engineering students whose families make $30-$48k.
Read more about Engineering at University of Massachusetts - Dartmouth
Merrimack College ranked #13 on this year’s Best Value Engineering Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k list. This medium-sized school is located in North Andover, Massachusetts, and it awarded 69 bachelors’s engineering degrees in 2019-2020.
As a testament to the quality of education offered at Merrimack, the school also landed the #13 spot in our “Best Engineering Bachelor’s Degree Schools in Massachusetts” ranking. The estimated yearly cost for Merrimack is $29,056 for massachusetts bachelor’s degree engineering students whose families make $30-$48k.
The student loan default rate at the school is 4.3%, which is quite low when compared to the national default rate of 10.1%.
Worcester Polytechnic Institute did quite well in the 2022 Best Value Engineering Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking, coming in at #14. Worcester Polytechnic Institute is located in Worcester, Massachusetts and, has a medium-sized student population. In 2019-2020, this school awarded 768 bachelors’s engineering degrees to qualified students.
WPI did well in our major quality rankings, too. It placed #5 on our “Best Engineering Bachelor’s Degree Schools in Massachusetts” list. It costs about $29,911 for Massachusetts Bachelor’s Degree Engineering students whose families make $30-$48k per year to attend WPI.
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%. With a freshman retention rate of 95%, the school does an excellent job of retaining its students.
Read full report on Engineering at Worcester Polytechnic Institute
Wentworth Institute of Technology landed the #15 spot on the 2022 Best Value Engineering Schools for a Bachelor’s in Massachusetts For Those Making $30-$48k ranking. WIT is a small school located in Boston, Massachusetts that handed out 377 bachelors’s engineering degrees in 2019-2020.
In addition to being on our massachusetts bachelor’s degree engineering students whose families make $30-$48k list, WIT has also earned the #10 rank in our “Best Engineering Bachelor’s Degree Schools in Massachusetts” ranking. The yearly cost to attend WIT is $33,202 for Massachusetts Bachelor’s Degree Engineering students whose families make $30-$48k.
The student loan default rate at the school is 3.0%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Engineering at Wentworth Institute of Technology
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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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