2023 Best Value Engineering Schools For Those Making $48-$75k
354
Ranked Colleges
198,468
Degrees Awarded
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 For Those Making $48-$75k” ranking is part of that endeavor.
In 2020-2021, 198,468 engineering students received their degree, making the major the 7th most popular in the country. In 2019-2020, engineering graduates who were awarded their degree in 2017-2019, earned an average of $68,653 and had an average of $23,855 in loans still to pay off.
For this year’s “Best Value Engineering Schools For Those Making $48-$75k” ranking, we looked at 354 colleges that offer a degree in engineering. The schools that top this list are recognized because they have great engineering programs and 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. For more information, check out our ranking methodology.
One Size Does Not Fit All
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 Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.
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. 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 For Those Making $48-$75k
The following schools top our list of the Best Best Value Engineering Schools For Those Making $48-$75k.
Top 25 Best Value Colleges for Engineering (Income $48-$75k)
You’ll be in good company if you decide to attend Stanford University. It ranked #1 on our 2023 Best Value Engineering Schools For Those Making $48-$75k list. Stanford is a private not-for-profit institution located in Stanford, California. The school has a fairly large population, and it awarded 1,121 ’s degrees in 2020-2021.
Stanford also made our “Best Engineering Schools” list, coming in at #2. The estimated yearly cost for Stanford is $7,081 for engineering students whose families make $48-$75k.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. The school has an impressive undergrad student loan default rate. It’s only 0.5%, which is much lower than the national rate of 10.1%. The undergraduate student-to-faculty ratio of 4 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Read full report on Engineering at Stanford
You’ll be in good company if you decide to attend Harvard University. It ranked #2 on our 2023 Best Value Engineering Schools For Those Making $48-$75k list. Cambridge, Massachusetts is the setting for this large institution of higher learning. The private not-for-profit school handed out ’s engineering degrees to 292 students in 2020-2021.
As a testament to the quality of education offered at Harvard, the school also landed the #5 spot in our “Best Engineering Schools” ranking. It costs about $2,669 for Engineering students whose families make $48-$75k per year to attend Harvard.
The impressive undergraduate student-to-faculty ratio of 5 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The undergrad student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%.
Full Harvard University Engineering Report
Out of the 354 schools in the Best Value Engineering Schools For Those Making $48-$75k that were part of this year’s ranking, Massachusetts Institute of Technology landed the #3 spot on the list. MIT is located in Cambridge, Massachusetts and, has a fairly large student population. In 2020-2021, this school awarded 1,143 ’s engineering degrees to qualified students.
MIT did well in our major quality rankings, too. It placed #1 on our “Best Engineering Schools” list. The yearly cost to attend Massachusetts Institute of Technology is $2,834 for Engineering students whose families make $48-$75k.
With a undergrad student-to-faculty ratio of 3 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. Students who start out at the school are likely to stick around. The freshman retention rate is 98%. The undergrad student loan default rate at the school is 0.3%, which is quite low when compared to the national default rate of 10.1%.
Read more about Engineering at MIT
You’ll join some of the best and brightest minds around if you attend Duke University. The school came in at #4 for the Best Value Engineering Schools For Those Making $48-$75k. Duke is a private not-for-profit institution located in Durham, North Carolina. The school has a fairly large population, and it awarded 689 ’s degrees in 2020-2021.
Duke did well in our major quality rankings, too. It placed #4 on our “Best Engineering Schools” list. The yearly cost to attend Duke University is $7,160 for engineering students whose families make $48-$75k.
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 undergrad student loan default rate of 0.3% 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%. With a undergrad student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read more about Engineering at Duke University
You’ll join some of the best and brightest minds around if you attend Columbia University in the City of New York. The school came in at #5 for the Best Value Engineering Schools For Those Making $48-$75k. Columbia University in the City of New York is a large school located in New York, New York that handed out 1,508 ’s engineering degrees in 2020-2021.
Columbia also took the #6 spot in our “Best Engineering Schools” ranking. It costs about $8,106 for Engineering students whose families make $48-$75k per year to attend Columbia University in the City of New York.
The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 1.7%, which is quite low when compared to the national default rate of 10.1%. With a undergrad student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read full report on Engineering at Columbia
With a ranking of #6, Northwestern University did quite well on the 2023 Best Value Engineering Schools For Those Making $48-$75k list. Northwestern is a large private not-for-profit school situated in Evanston, Illinois. It awarded 813 ’s engineering degrees in 2020-2021.
Northwestern not only placed well in this ranking. It is also #7 on our “Best Engineering Schools” list. The yearly cost to attend Northwestern is $5,849 for Engineering students whose families make $48-$75k.
Since the school has a undergrad student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors. With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 0.6% 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%.
Full Northwestern Engineering Report
Olin College did quite well in the 2023 Best Value Engineering Schools For Those Making $48-$75k ranking, coming in at #7. Olin College is a small private not-for-profit school situated in Needham, Massachusetts. It awarded 76 ’s engineering degrees in 2020-2021.
Olin College also took the #20 spot in our “Best Engineering Schools” ranking. The yearly cost to attend Olin College is $14,300 for Engineering students whose families make $48-$75k.
The impressive undergraduate student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Read more about Engineering at Olin College
Dartmouth College ranked #8 on this year’s Best Value Engineering Schools For Those Making $48-$75k list. Dartmouth College is a medium-sized private not-for-profit school situated in Hanover, New Hampshire. It awarded 282 ’s engineering degrees in 2020-2021.
Dartmouth also made our “Best Engineering Schools” list, coming in at #3. The yearly cost to attend Dartmouth College is $12,172 for Engineering students whose families make $48-$75k.
The school has an impressive undergrad student loan default rate. It’s only 1.3%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 96%, the school does an excellent job of retaining its undergraduate students. Since the school has a undergrad student-to-faculty ratio of 7 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Read full report on Engineering at Dartmouth
Princeton University landed the #9 spot on the 2023 Best Value Engineering Schools For Those Making $48-$75k ranking. Princeton University is a medium-sized private not-for-profit school situated in Princeton, New Jersey. It awarded 331 ’s engineering degrees in 2020-2021.
Princeton not only placed well in this ranking. It is also #13 on our “Best Engineering Schools” list. It costs about $5,542 for engineering students whose families make $48-$75k per year to attend Princeton.
The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. The undergraduate student-to-faculty ratio of 4 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Read more about Engineering at Princeton
Rice University did quite well in the 2023 Best Value Engineering Schools For Those Making $48-$75k ranking, coming in at #10. Houston, Texas is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s engineering degrees to 355 students in 2020-2021.
Rice not only placed well in this ranking. It is also #19 on our “Best Engineering Schools” list. The yearly cost to attend Rice University is $6,152 for Engineering students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The low undergrad student loan default rate of 0.2% 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%. The undergraduate student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Read full report on Engineering at Rice
Johns Hopkins University did quite well in the 2023 Best Value Engineering Schools For Those Making $48-$75k ranking, coming in at #11. This large school is located in Baltimore, Maryland, and it awarded 1,317 ’s engineering degrees in 2020-2021.
As a testament to the quality of education offered at Johns Hopkins, the school also landed the #8 spot in our “Best Engineering Schools” ranking. The yearly cost to attend Johns Hopkins University is $8,457 for Engineering students whose families make $48-$75k.
The undergraduate student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The undergrad student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.
Read full report on Engineering at Johns Hopkins
Vanderbilt University came in at #12 in this year’s edition of the Best Value Engineering Schools For Those Making $48-$75k ranking. Located in Nashville, Tennessee, this fairly large private not-for-profit school awarded 296 degrees to qualified ’s engineering students in 2020-2021.
As a testament to the quality of education it offers, Vanderbilt is also in the top of our “Best Engineering Schools” ranking. It’s in the top [COLLEGE_QUALITY_PECTENTILE_ALL_LEVES]% of all schools in this category. The estimated yearly cost for Vanderbilt University is $7,694 for engineering students whose families make $48-$75k.
With a freshman retention rate of 96%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%. The undergraduate student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Read more about Engineering at Vanderbilt University
University of Michigan - Ann Arbor came in at #13 in this year’s edition of the Best Value Engineering Schools For Those Making $48-$75k ranking. Located in Ann Arbor, Michigan, this large public school awarded 2,789 diplomas to qualified ’s engineering students in 2020-2021.
U-M did well in our major quality rankings, too. It placed #15 on our “Best Engineering Schools” list. It costs about $10,481 for engineering students whose families make $48-$75k per year to attend University of Michigan - Ann Arbor.
The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 1.3% 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%.
Read more about Engineering at University of Michigan - Ann Arbor
University of Florida ranked #14 on this year’s Best Value Engineering Schools For Those Making $48-$75k list. University of Florida is a large public school situated in Gainesville, Florida. It awarded 2,403 ’s engineering degrees in 2020-2021.
UF also claimed a top spot on our “Best Engineering Schools” list. It’s ranked in the top 10% of all schools on our “Best Engineering Schools” list. The yearly cost to attend University of Florida is $8,394 for engineering students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The undergrad student loan default rate at the school is 1.7%, which is quite low when compared to the national default rate of 10.1%.
Full University of Florida Engineering Report
Brown University did quite well in the 2023 Best Value Engineering Schools For Those Making $48-$75k ranking, coming in at #15. Providence, Rhode Island is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s engineering degrees to 187 students in 2020-2021.
In addition to being on our engineering students whose families make $48-$75k list, Brown has also earned the #10 rank in our “Best Engineering Schools” ranking. The yearly cost to attend Brown University is $10,219 for engineering students whose families make $48-$75k.
The low undergrad student loan default rate of 0.8% 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 freshman retention rate of 92%, the school does an excellent job of retaining its undergraduate students. The undergraduate student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Full Brown Engineering Report
Purdue University - Main Campus landed the #16 spot on the 2023 Best Value Engineering Schools For Those Making $48-$75k ranking. This large school is located in West Lafayette, Indiana, and it awarded 3,177 ’s engineering degrees in 2020-2021.
As a testament to the quality of education it offers, Purdue is also in the top of our “Best Engineering Schools” ranking. It’s in the top [COLLEGE_QUALITY_PECTENTILE_ALL_LEVES]% of all schools in this category. The yearly cost to attend Purdue University - Main Campus is $8,450 for engineering students whose families make $48-$75k.
The low undergrad student loan default rate of 1.7% 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 93%, the school does an excellent job of retaining its undergraduate students.
Read full report on Engineering at Purdue University - Main Campus
Cornell University ranked #17 on this year’s Best Value Engineering Schools For Those Making $48-$75k list. This large school is located in Ithaca, New York, and it awarded 1,430 ’s engineering degrees in 2020-2021.
In addition to being on our engineering students whose families make $48-$75k list, Cornell has also earned the #12 rank in our “Best Engineering Schools” ranking. It costs about $9,785 for engineering students whose families make $48-$75k per year to attend Cornell.
The impressive undergraduate student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The undergrad student loan default rate at the school is 0.9%, 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 96%.
Read more about Engineering at Cornell
Washington University in St Louis did quite well in the 2023 Best Value Engineering Schools For Those Making $48-$75k ranking, coming in at #18. Washington University in St Louis is a fairly large school located in Saint Louis, Missouri that handed out 658 ’s engineering degrees in 2020-2021.
WUSTL did well in our major quality rankings, too. It placed #16 on our “Best Engineering Schools” list. It costs about $8,149 for Engineering students whose families make $48-$75k per year to attend Washington University in St Louis.
The undergraduate student-to-faculty ratio of 7 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 1.1%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Engineering at WUSTL
University of Washington - Seattle Campus ranked #19 on this year’s Best Value Engineering Schools For Those Making $48-$75k list. University of Washington - Seattle Campus is located in Seattle, Washington and, has a large student population. In 2020-2021, this school awarded 1,594 ’s engineering degrees to qualified students.
UW Seattle also claimed a top spot on our “Best Engineering Schools” list. It’s in the top [COLLEGE_QUALITY_PECTENTILE_ALL_LEVES]% of all schools in this category. The yearly cost to attend UW Seattle is $8,393 for Engineering students whose families make $48-$75k.
With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 2.1%, which is quite low when compared to the national default rate of 10.1%.
Full University of Washington - Seattle Campus Engineering Report
University of California - Berkeley came in at #20 in this year’s edition of the Best Value Engineering Schools For Those Making $48-$75k ranking. Located in Berkeley, California, this large public school handed out 1,982 degrees to qualified ’s engineering students in 2020-2021.
UC Berkeley also made our “Best Engineering Schools” list, coming in at #11. The yearly cost to attend UC Berkeley is $13,423 for engineering students whose families make $48-$75k.
The undergrad student loan default rate at the school is 1.8%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year.
Read more about Engineering at University of California - Berkeley
University of Pennsylvania landed the #21 spot on the 2023 Best Value Engineering Schools For Those Making $48-$75k ranking. UPenn is a large school located in Philadelphia, Pennsylvania that handed out 610 ’s engineering degrees in 2020-2021.
UPenn not only placed well in this ranking. It is also #17 on our “Best Engineering Schools” list. It costs about $12,020 for engineering students whose families make $48-$75k per year to attend UPenn.
The impressive undergraduate student-to-faculty ratio of 6 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 undergrad student loan default rate. It’s only 0.9%, 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 95%.
Read full report on Engineering at UPenn
University of California - Los Angeles came in at #22 in this year’s edition of the Best Value Engineering Schools For Those Making $48-$75k ranking. University of California - Los Angeles is located in Los Angeles, California and, has a large student population. In 2020-2021, this school awarded 1,342 ’s engineering degrees to qualified students.
As a testament to the quality of education offered at UCLA, the school also landed the #24 spot in our “Best Engineering Schools” ranking. It costs about $12,644 for Engineering students whose families make $48-$75k per year to attend UCLA.
The low undergrad student loan default rate of 1.6% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 96%.
Read full report on Engineering at University of California - Los Angeles
With a ranking of #23, Harvey Mudd College did quite well on the 2023 Best Value Engineering Schools For Those Making $48-$75k list. Harvey Mudd College is a small private not-for-profit school situated in Claremont, California. It awarded 58 ’s engineering degrees in 2020-2021.
Harvey Mudd College did well in our major quality rankings, too. It placed #18 on our “Best Engineering Schools” list. The yearly cost to attend Harvey Mudd College is $18,077 for Engineering students whose families make $48-$75k.
With a freshman retention rate of 92%, the school does an excellent job of retaining its undergraduate students. The undergraduate student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Full Harvey Mudd College Engineering Report
University of Wisconsin - Madison came in at #24 in this year’s edition of the Best Value Engineering Schools For Those Making $48-$75k ranking. Located in Madison, Wisconsin, this large public school handed out 1,573 degrees to qualified ’s engineering students in 2020-2021.
As a testament to the quality of education it offers, UW - Madison is also in the top of our “Best Engineering Schools” ranking. It’s in the top [COLLEGE_QUALITY_PECTENTILE_ALL_LEVES]% of all schools in this category. The estimated yearly cost for UW - Madison is $10,364 for engineering students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 95%. The low undergrad student loan default rate of 0.9% 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%.
Read more about Engineering at UW - Madison
University of North Carolina at Chapel Hill came in at #25 in this year’s edition of the Best Value Engineering Schools For Those Making $48-$75k ranking. This large school is located in Chapel Hill, North Carolina, and it awarded 94 ’s engineering degrees in 2020-2021.
UNC Chapel Hill also claimed a top spot on our “Best Engineering Schools” list. It’s ranked in the top 20% of all schools on our “Best Engineering Schools” list. It costs about $11,619 for engineering students whose families make $48-$75k per year to attend UNC Chapel Hill.
With a freshman retention rate of 95%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 1.4% 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%.
Read full report on Engineering at UNC Chapel Hill
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