2022 Best Value Colleges for Engineering (Income $30-$48k) in Maryland
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 in Maryland 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 Maryland, there were 4,364 engineering graduates with average earnings and debt of $70,684 and $21,878 respectively.
This year’s “Best Value Engineering Schools in Maryland For Those Making $30-$48k” ranking looked at 6 colleges that offer degrees in a bachelor’s 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. Check out our ranking methodology for more information.
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One Size Does Not Fit All
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 Value Engineering Schools in Maryland For Those Making $30-$48k” 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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.
Best Value Engineering Schools in Maryland For Those Making $30-$48k
The following schools top our list of the Best Best Value Engineering Schools in Maryland For Those Making $30-$48k.
Top 6 Best Value Colleges for Engineering (Income $30-$48k) in Maryland
You’ll join some of the best and brightest minds around if you attend Johns Hopkins University. The school came in at #1 for the Best Value Engineering Schools in Maryland For Those Making $30-$48k. Johns Hopkins University is a private not-for-profit institution located in Baltimore, Maryland. The school has a large population, and it awarded 1,145 ’s degrees in 2019-2020.
Johns Hopkins did well in our major quality rankings, too. It placed #1 on our “Best Engineering Schools in Maryland” list. It costs about $8,210 for Maryland Engineering students whose families make $30-$48k per year to attend Johns Hopkins University.
The student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%. 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 be in good company if you decide to attend University of Maryland - College Park. It ranked #2 on our 2022 Best Value Engineering Schools in Maryland For Those Making $30-$48k list. University of Maryland - College Park is a large school located in College Park, Maryland that handed out 1,837 ’s engineering degrees in 2019-2020.
As a testament to the quality of education offered at UMCP, the school also landed the #2 spot in our “Best Engineering Schools in Maryland” ranking. The estimated yearly cost for University of Maryland - College Park is $12,128 for maryland engineering students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 95%, the school does an excellent job of retaining its students.
You’ll join some of the best and brightest minds around if you attend University of Maryland - Baltimore County. The school came in at #3 for the Best Value Engineering Schools in Maryland For Those Making $30-$48k. University of Maryland - Baltimore County is a fairly large public school situated in Baltimore, Maryland. It awarded 304 ’s engineering degrees in 2019-2020.
In addition to being on our maryland engineering students whose families make $30-$48k list, UMBC has also earned the #4 rank in our “Best Engineering Schools in Maryland” ranking. The estimated yearly cost for University of Maryland - Baltimore County is $12,605 for maryland 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%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
You’ll join some of the best and brightest minds around if you attend Frostburg State University. The school came in at #4 for the Best Value Engineering Schools in Maryland For Those Making $30-$48k. This small school is located in Frostburg, Maryland, and it awarded 38 ’s engineering degrees in 2019-2020.
As a testament to the quality of education offered at Frostburg State, the school also landed the #5 spot in our “Best Engineering Schools in Maryland” ranking. The estimated yearly cost for Frostburg State is $14,273 for maryland engineering students whose families make $30-$48k.
You’ll join some of the best and brightest minds around if you attend Morgan State University. The school came in at #5 for the Best Value Engineering Schools in Maryland For Those Making $30-$48k. Baltimore, Maryland is the setting for this medium-sized institution of higher learning. The public school handed out ’s engineering degrees to 243 students in 2019-2020.
In addition to being on our maryland engineering students whose families make $30-$48k list, Morgan State has also earned the #6 rank in our “Best Engineering Schools in Maryland” ranking. The estimated yearly cost for Morgan State is $14,776 for maryland engineering students whose families make $30-$48k.
Loyola University Maryland came in at #6 in this year’s edition of the Best Value Engineering Schools in Maryland For Those Making $30-$48k ranking. Loyola University Maryland is a medium-sized school located in Baltimore, Maryland that handed out 39 ’s engineering degrees in 2019-2020.
In addition to being on our maryland engineering students whose families make $30-$48k list, Loyola Maryland has also earned the #3 rank in our “Best Engineering Schools in Maryland” ranking. It costs about $31,027 for Maryland Engineering students whose families make $30-$48k per year to attend Loyola Maryland.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The school has an impressive student loan default rate. It’s only 2.3%, which is much lower than the national rate of 10.1%.
- Best Value Colleges for Engineering (Income $30-$48k) in the Middle Atlantic Region
- Best Value Colleges for Engineering (Income $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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