2022 Best Value Engineering Schools in Minnesota For Those Making $30-$48k
Students have lots of options to chooose from today when trying to decide which college to attend. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Engineering Schools in Minnesota For Those Making $30-$48k” ranking is part of that endeavor.
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 Minnesota, there were 2,429 engineering graduates with average earnings and debt of $63,423 and $22,328 respectively.
This year’s “Best Value Engineering Schools in Minnesota For Those Making $30-$48k” ranking looked at 7 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.
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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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Engineering Schools in Minnesota For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most 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.
Best Value Engineering Schools in Minnesota For Those Making $30-$48k
The following schools top our list of the Best Best Value Engineering Schools in Minnesota For Those Making $30-$48k.
Top 7 Best Value Colleges for Engineering (Income $30-$48k) in Minnesota
You’ll join some of the best and brightest minds around if you attend University of Minnesota - Twin Cities. The school came in at #1 for the Best Value Engineering Schools in Minnesota For Those Making $30-$48k. Located in Minneapolis, Minnesota, this large public school awarded 1,276 degrees to qualified ’s engineering students in 2019-2020.
UMN Twin Cities also took the #3 spot in our “Best Engineering Schools in Minnesota” ranking. It costs about $8,418 for Minnesota Engineering students whose families make $30-$48k per year to attend University of Minnesota - Twin Cities.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.
You’ll join some of the best and brightest minds around if you attend University of Minnesota - Duluth. The school came in at #2 for the Best Value Engineering Schools in Minnesota For Those Making $30-$48k. University of Minnesota - Duluth is a fairly large school located in Duluth, Minnesota that handed out 327 ’s engineering degrees in 2019-2020.
UMN Duluth also took the #5 spot in our “Best Engineering Schools in Minnesota” ranking. The estimated yearly cost for UMN Duluth is $7,992 for minnesota engineering students whose families make $30-$48k.
The low student loan default rate of 3.1% 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%.
You’ll be in good company if you decide to attend Winona State University. It ranked #3 on our 2022 Best Value Engineering Schools in Minnesota For Those Making $30-$48k list. Winona, Minnesota is the setting for this medium-sized institution of higher learning. The public school handed out ’s engineering degrees to 18 students in 2019-2020.
Winona State also took the #1 spot in our “Best Engineering Schools in Minnesota” ranking. It costs about $13,606 for Minnesota Engineering students whose families make $30-$48k per year to attend Winona State University.
The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.
You’ll be in good company if you decide to attend Saint Cloud State University. It ranked #4 on our 2022 Best Value Engineering Schools in Minnesota For Those Making $30-$48k list. Saint Cloud, Minnesota is the setting for this fairly large institution of higher learning. The public school handed out ’s engineering degrees to 135 students in 2019-2020.
As a testament to the quality of education offered at St. Cloud State University, the school also landed the #7 spot in our “Best Engineering Schools in Minnesota” ranking. The yearly cost to attend Saint Cloud State University is $11,274 for Minnesota Engineering students whose families make $30-$48k.
Read full report on Engineering at Saint Cloud State University
You’ll be in good company if you decide to attend Minnesota State University - Mankato. It ranked #5 on our 2022 Best Value Engineering Schools in Minnesota For Those Making $30-$48k list. Minnesota State Mankato is a fairly large school located in Mankato, Minnesota that handed out 160 ’s engineering degrees in 2019-2020.
Minnesota State Mankato did well in our major quality rankings, too. It placed #6 on our “Best Engineering Schools in Minnesota” list. The estimated yearly cost for Minnesota State Mankato is $11,781 for minnesota engineering students whose families make $30-$48k.
The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.
Full Minnesota State University - Mankato Engineering Report
Dunwoody College of Technology did quite well in the 2022 Best Value Engineering Schools in Minnesota For Those Making $30-$48k ranking, coming in at #6. Dunwoody College of Technology is a small school located in Minneapolis, Minnesota that handed out 39 ’s engineering degrees in 2019-2020.
In addition to being on our minnesota engineering students whose families make $30-$48k list, Dunwoody College of Technology has also earned the #2 rank in our “Best Engineering Schools in Minnesota” ranking. The estimated yearly cost for Dunwoody College of Technology is $21,345 for minnesota engineering students whose families make $30-$48k.
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 Dunwoody College of Technology
University of St Thomas Minnesota landed the #7 spot on the 2022 Best Value Engineering Schools in Minnesota For Those Making $30-$48k ranking. UST MN is a medium-sized school located in Saint Paul, Minnesota that handed out 231 ’s engineering degrees in 2019-2020.
UST MN also took the #4 spot in our “Best Engineering Schools in Minnesota” ranking. The estimated yearly cost for UST MN is $26,365 for Minnesota Engineering students whose families make $30-$48k.
With a freshman retention rate of 87%, the school does an excellent job of retaining its students. The low student loan default rate of 2.1% 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%.
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- Best Value Colleges for Engineering (Income $30-$48k) in the Plains States Region
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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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