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2022 Best Value Bachelor’s Degree Colleges for Engineering (Income $48-$75k) in Indiana

13 Ranked Colleges
3,858 Degrees Awarded
$66,620 Avg Salary
Best Value Engineering Schools for a Bachelor's in Indiana For Those Making $48-$75k

When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 a Bachelor’s in Indiana For Those Making $48-$75k” 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 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 $48-$75k” ranking analyzed 13 colleges that offered a degree in engineering. This ranking identifies schools with high-quality engineering programs that also have a lower cost than schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the engineering program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.

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 $48-$75k”.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important 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 a Bachelor’s in Indiana For Those Making $48-$75k

The colleges and universities below are the best for indiana bachelor’s degree engineering students whose families make $48-$75k.

Top 13 Best Value Bachelor’s Degree Colleges for Engineering (Income $48-$75k) in Indiana

#1

Purdue University - Main Campus

West Lafayette, Indiana
#3 in overall quality

You’ll join some of the best and brightest minds around if you attend Purdue University - Main Campus. The school came in at #1 for the Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $48-$75k. West Lafayette, Indiana is the setting for this large institution of higher learning. The public school handed out bachelors’s engineering degrees to 2,012 students in 2019-2020.

As a testament to the quality of education offered at Purdue, the school also landed the #3 spot in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. It costs about $9,654 for Indiana Bachelor’s Degree Engineering students whose families make $48-$75k per year to attend Purdue.

The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.

Full Purdue University - Main Campus Engineering Report

#2

University of Notre Dame

Notre Dame, Indiana
#1 in overall quality

You’ll be in good company if you decide to attend University of Notre Dame. It ranked #2 on our 2022 Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $48-$75k list. Notre Dame, Indiana is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out bachelors’s engineering degrees to 347 students in 2019-2020.

Notre Dame did well in our major quality rankings, too. It placed #1 on our “Best Engineering Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Notre Dame is $17,768 for Indiana Bachelor’s Degree 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 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%. Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Full University of Notre Dame Engineering Report

#3

Purdue University Northwest

Hammond, Indiana
#8 in overall quality

Out of the 13 schools in the Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $48-$75k that were part of this year’s ranking, Purdue University Northwest landed the #3 spot on the list. Purdue University Northwest is a medium-sized school located in Hammond, Indiana that handed out 141 bachelors’s engineering degrees in 2019-2020.

Purdue Northwest also made our “Best Engineering Bachelor’s Degree Schools in Indiana” list, coming in at #8. It costs about $13,449 for Indiana Bachelor’s Degree Engineering students whose families make $48-$75k per year to attend Purdue Northwest.

Read full report on Engineering at Purdue University Northwest

#6 in overall quality

You’ll be in good company if you decide to attend Indiana University - Purdue University - Indianapolis. It ranked #4 on our 2022 Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $48-$75k list. Indiana University - Purdue University - Indianapolis is a large public school situated in Indianapolis, Indiana. It awarded 330 bachelors’s engineering degrees in 2019-2020.

In addition to being on our indiana bachelor’s degree engineering students whose families make $48-$75k list, IUPUI has also earned the #6 rank in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for Indiana University - Purdue University - Indianapolis is $12,314 for Indiana Bachelor’s Degree Engineering students whose families make $48-$75k.

Read full report on Engineering at Indiana University - Purdue University - Indianapolis

#5

University of Southern Indiana

Evansville, Indiana
#10 in overall quality

Out of the 13 schools in the Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $48-$75k that were part of this year’s ranking, University of Southern Indiana landed the #5 spot on the list. Evansville, Indiana is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s engineering degrees to 71 students in 2019-2020.

USI also made our “Best Engineering Bachelor’s Degree Schools in Indiana” list, coming in at #10. The estimated yearly cost for USI is $14,686 for indiana bachelor’s degree engineering students whose families make $48-$75k.

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%.

Full University of Southern Indiana Engineering Report

#6

Purdue University Fort Wayne

Fort Wayne, Indiana
#12 in overall quality

Purdue University Fort Wayne landed the #6 spot on the 2022 Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $48-$75k ranking. Fort Wayne, Indiana is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s engineering degrees to 67 students in 2019-2020.

PFW not only placed well in this ranking. It is also #12 on our “Best Engineering Bachelor’s Degree Schools in Indiana” list. The estimated yearly cost for Purdue University Fort Wayne is $12,023 for Indiana Bachelor’s Degree Engineering students whose families make $48-$75k.

Read more about Engineering at Purdue University Fort Wayne

#7 in overall quality

With a ranking of #7, Grace College and Theological Seminary did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $48-$75k list. Grace College is a small private not-for-profit school situated in Winona Lake, Indiana. It awarded 7 bachelors’s engineering degrees in 2019-2020.

In addition to being on our indiana bachelor’s degree engineering students whose families make $48-$75k list, Grace College has also earned the #7 rank in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. It costs about $20,903 for indiana bachelor’s degree engineering students whose families make $48-$75k per year to attend Grace College.

The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.

Read full report on Engineering at Grace College and Theological Seminary

#8

University of Evansville

Evansville, Indiana
#5 in overall quality

University of Evansville ranked #8 on this year’s Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $48-$75k list. University of Evansville is a private not-for-profit institution located in Evansville, Indiana. The school has a small population, and it awarded 45 bachelors’s degrees in 2019-2020.

UE also took the #5 spot in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. The estimated yearly cost for University of Evansville is $18,455 for Indiana Bachelor’s Degree Engineering students whose families make $48-$75k.

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 3.3%, 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.

Read full report on Engineering at UE

#9

Valparaiso University

Valparaiso, Indiana
#4 in overall quality

Valparaiso University landed the #9 spot on the 2022 Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $48-$75k ranking. Valparaiso, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s engineering degrees to 131 students in 2019-2020.

Valpo not only placed well in this ranking. It is also #4 on our “Best Engineering Bachelor’s Degree Schools in Indiana” list. The yearly cost to attend Valpo is $17,661 for indiana bachelor’s degree engineering students whose families make $48-$75k.

The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%.

Read more about Engineering at Valparaiso University

#10

Trine University

Angola, Indiana
#9 in overall quality

With a ranking of #10, Trine University did quite well on the 2022 Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $48-$75k list. This small school is located in Angola, Indiana, and it awarded 126 bachelors’s engineering degrees in 2019-2020.

As a testament to the quality of education offered at Trine, the school also landed the #9 spot in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. It costs about $20,224 for indiana bachelor’s degree engineering students whose families make $48-$75k per year to attend Trine.

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%.

Full Trine Engineering Report

#11

Indiana Institute of Technology

Fort Wayne, Indiana
#11 in overall quality

Indiana Institute of Technology came in at #11 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $48-$75k ranking. Located in Fort Wayne, Indiana, this small private not-for-profit school handed out 92 degrees to qualified bachelors’s engineering students in 2019-2020.

Indiana Tech also took the #11 spot in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. It costs about $18,453 for indiana bachelor’s degree engineering students whose families make $48-$75k per year to attend Indiana Tech.

Read full report on Engineering at Indiana Institute of Technology

#2 in overall quality

Rose - Hulman Institute of Technology ranked #12 on this year’s Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $48-$75k list. 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.

Rose - Hulman Institute of Technology also made our “Best Engineering Bachelor’s Degree Schools in Indiana” list, coming in at #2. The yearly cost to attend Rose - Hulman Institute of Technology is $34,599 for indiana bachelor’s degree engineering students whose families make $48-$75k.

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. The student loan default rate at the school is 0.2%, which is quite low when compared to the national default rate of 10.1%.

Read more about Engineering at Rose - Hulman Institute of Technology

#13 in overall quality

Indiana Institute of Technology - College of Professional Studies came in at #13 in this year’s edition of the Best Value Engineering Schools for a Bachelor’s in Indiana For Those Making $48-$75k ranking. Indiana Institute of Technology - College of Professional Studies is a small private not-for-profit school situated in Fort-Wayne, Indiana. It awarded 20 bachelors’s engineering degrees in 2019-2020.

Indiana Tech - CPS also took the #13 spot in our “Best Engineering Bachelor’s Degree Schools in Indiana” ranking. The yearly cost to attend Indiana Tech - CPS is $17,386 for Indiana Bachelor’s Degree Engineering students whose families make $48-$75k.

Full Indiana Tech - CPS Engineering Report

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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.

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