2022 Best Value Colleges for Engineering (Income $48-$75k) in Michigan
It’s not easy to decide which college to attend when there so many options available for students. 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 Michigan For Those Making $48-$75k” 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 Michigan, there were 8,565 engineering graduates with average earnings and debt of $71,601 and $25,141 respectively.
This year’s “Best Value Engineering Schools in Michigan For Those Making $48-$75k” ranking looked at 19 colleges that offer degrees in a bachelor’s 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.
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. See our ranking methodology to learn more.
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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 Michigan For Those Making $48-$75k” list to help you make the college 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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Best Value Engineering Schools in Michigan For Those Making $48-$75k
The following schools top our list of the Best Best Value Engineering Schools in Michigan For Those Making $48-$75k.
Top 19 Best Value Colleges for Engineering (Income $48-$75k) in Michigan
You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #1 on our 2022 Best Value Engineering Schools in Michigan For Those Making $48-$75k list. This large school is located in Ann Arbor, Michigan, and it awarded 2,567 ’s engineering degrees in 2019-2020.
As a testament to the quality of education offered at U-M, the school also landed the #1 spot in our “Best Engineering Schools in Michigan” ranking. The estimated yearly cost for University of Michigan - Ann Arbor is $10,028 for Michigan Engineering students whose families make $48-$75k.
The low student loan default rate of 1.2% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 96%.
You’ll join some of the best and brightest minds around if you attend Michigan Technological University. The school came in at #2 for the Best Value Engineering Schools in Michigan For Those Making $48-$75k. Houghton, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out ’s engineering degrees to 998 students in 2019-2020.
As a testament to the quality of education offered at Michigan Tech, the school also landed the #4 spot in our “Best Engineering Schools in Michigan” ranking. It costs about $13,720 for michigan engineering students whose families make $48-$75k per year to attend Michigan Technological University.
The student loan default rate at the school is 2.3%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
You’ll join some of the best and brightest minds around if you attend Ferris State University. The school came in at #3 for the Best Value Engineering Schools in Michigan For Those Making $48-$75k. Located in Big Rapids, Michigan, this fairly large public school awarded 58 degrees to qualified ’s engineering students in 2019-2020.
Ferris did well in our major quality rankings, too. It placed #3 on our “Best Engineering Schools in Michigan” list. The yearly cost to attend Ferris State University is $14,101 for Michigan Engineering students whose families make $48-$75k.
You’ll join some of the best and brightest minds around if you attend Oakland University. The school came in at #4 for the Best Value Engineering Schools in Michigan For Those Making $48-$75k. Oakland is a fairly large school located in Rochester Hills, Michigan that handed out 552 ’s engineering degrees in 2019-2020.
In addition to being on our michigan engineering students whose families make $48-$75k list, Oakland has also earned the #9 rank in our “Best Engineering Schools in Michigan” ranking. The yearly cost to attend Oakland is $10,387 for Michigan Engineering students whose families make $48-$75k.
You’ll join some of the best and brightest minds around if you attend University of Michigan - Dearborn. The school came in at #5 for the Best Value Engineering Schools in Michigan For Those Making $48-$75k. This medium-sized school is located in Dearborn, Michigan, and it awarded 604 ’s engineering degrees in 2019-2020.
UM Dearborn also made our “Best Engineering Schools in Michigan” list, coming in at #11. The estimated yearly cost for UM Dearborn is $10,553 for Michigan Engineering students whose families make $48-$75k.
The low student loan default rate of 4.5% 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%.
Grand Valley State University did quite well in the 2022 Best Value Engineering Schools in Michigan For Those Making $48-$75k ranking, coming in at #6. Grand Valley State University is located in Allendale, Michigan and, has a large student population. In 2019-2020, this school awarded 169 ’s engineering degrees to qualified students.
GVSU also made our “Best Engineering Schools in Michigan” list, coming in at #8. It costs about $15,775 for michigan engineering students whose families make $48-$75k per year to attend Grand Valley State University.
The low student loan default rate of 3.7% 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%.
Read full report on Engineering at Grand Valley State University
With a ranking of #7, Wayne State University did quite well on the 2022 Best Value Engineering Schools in Michigan For Those Making $48-$75k list. Located in Detroit, Michigan, this large public school handed out 575 degrees to qualified ’s engineering students in 2019-2020.
Wayne State did well in our major quality rankings, too. It placed #13 on our “Best Engineering Schools in Michigan” list. It costs about $13,668 for Michigan Engineering students whose families make $48-$75k per year to attend Wayne State.
Saginaw Valley State University did quite well in the 2022 Best Value Engineering Schools in Michigan For Those Making $48-$75k ranking, coming in at #8. This medium-sized school is located in University Center, Michigan, and it awarded 73 ’s engineering degrees in 2019-2020.
Saginaw Valley State University did well in our major quality rankings, too. It placed #12 on our “Best Engineering Schools in Michigan” list. The estimated yearly cost for Saginaw Valley State University is $14,230 for michigan engineering students whose families make $48-$75k.
Read full report on Engineering at Saginaw Valley State University
University of Michigan - Flint came in at #9 in this year’s edition of the Best Value Engineering Schools in Michigan For Those Making $48-$75k ranking. University of Michigan - Flint is a medium-sized school located in Flint, Michigan that handed out 32 ’s engineering degrees in 2019-2020.
UM Flint also made our “Best Engineering Schools in Michigan” list, coming in at #18. The estimated yearly cost for University of Michigan - Flint is $13,343 for michigan engineering students whose families make $48-$75k.
Michigan State University came in at #10 in this year’s edition of the Best Value Engineering Schools in Michigan For Those Making $48-$75k ranking. Michigan State University is a public institution located in East Lansing, Michigan. The school has a large population, and it awarded 1,066 ’s degrees in 2019-2020.
In addition to being on our michigan engineering students whose families make $48-$75k list, Michigan State has also earned the #5 rank in our “Best Engineering Schools in Michigan” ranking. It costs about $20,696 for Michigan Engineering students whose families make $48-$75k per year to attend Michigan State.
The low student loan default rate of 3.6% 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 91%.
Central Michigan University landed the #11 spot on the 2022 Best Value Engineering Schools in Michigan For Those Making $48-$75k ranking. Central Michigan University is a public institution located in Mount Pleasant, Michigan. The school has a fairly large population, and it awarded 85 ’s degrees in 2019-2020.
Central Michigan did well in our major quality rankings, too. It placed #15 on our “Best Engineering Schools in Michigan” list. The yearly cost to attend Central Michigan University is $14,591 for michigan engineering students whose families make $48-$75k.
With a ranking of #12, Lake Superior State University did quite well on the 2022 Best Value Engineering Schools in Michigan For Those Making $48-$75k list. Lake Superior State University is a public institution located in Sault Ste Marie, Michigan. The school has a small population, and it awarded 30 ’s degrees in 2019-2020.
Lake Superior State University not only placed well in this ranking. It is also #16 on our “Best Engineering Schools in Michigan” list. The yearly cost to attend Lake Superior State University is $13,073 for Michigan Engineering students whose families make $48-$75k.
Read full report on Engineering at Lake Superior State University
Hope College did quite well in the 2022 Best Value Engineering Schools in Michigan For Those Making $48-$75k ranking, coming in at #13. Holland, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s engineering degrees to 57 students in 2019-2020.
Hope did well in our major quality rankings, too. It placed #6 on our “Best Engineering Schools in Michigan” list. The yearly cost to attend Hope College is $20,372 for michigan engineering students whose families make $48-$75k.
The student loan default rate at the school is 2.1%, 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 87%.
Calvin University did quite well in the 2022 Best Value Engineering Schools in Michigan For Those Making $48-$75k ranking, coming in at #14. Calvin University is a small private not-for-profit school situated in Grand Rapids, Michigan. It awarded 83 ’s engineering degrees in 2019-2020.
Calvin did well in our major quality rankings, too. It placed #7 on our “Best Engineering Schools in Michigan” list. The estimated yearly cost for Calvin is $23,773 for michigan engineering students whose families make $48-$75k.
The student loan default rate at the school is 1.6%, 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.
Baker College did quite well in the 2022 Best Value Engineering Schools in Michigan For Those Making $48-$75k ranking, coming in at #15. Owosso, Michigan is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s engineering degrees to 12 students in 2019-2020.
In addition to being on our michigan engineering students whose families make $48-$75k list, Baker College has also earned the #19 rank in our “Best Engineering Schools in Michigan” ranking. It costs about $15,933 for Michigan Engineering students whose families make $48-$75k per year to attend Baker College.
The 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.
Western Michigan University landed the #16 spot on the 2022 Best Value Engineering Schools in Michigan For Those Making $48-$75k ranking. Western Michigan University is a fairly large school located in Kalamazoo, Michigan that handed out 473 ’s engineering degrees in 2019-2020.
As a testament to the quality of education offered at WMU, the school also landed the #14 spot in our “Best Engineering Schools in Michigan” ranking. It costs about $19,841 for Michigan Engineering students whose families make $48-$75k per year to attend Western Michigan University.
Kettering University did quite well in the 2022 Best Value Engineering Schools in Michigan For Those Making $48-$75k ranking, coming in at #17. Flint, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s engineering degrees to 453 students in 2019-2020.
In addition to being on our michigan engineering students whose families make $48-$75k list, Kettering has also earned the #2 rank in our “Best Engineering Schools in Michigan” ranking. The yearly cost to attend Kettering University is $36,664 for michigan engineering students whose families make $48-$75k.
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 93%, the school does an excellent job of retaining its students.
Andrews University did quite well in the 2022 Best Value Engineering Schools in Michigan For Those Making $48-$75k ranking, coming in at #18. Andrews University is a small school located in Berrien Springs, Michigan that handed out 16 ’s engineering degrees in 2019-2020.
In addition to being on our michigan engineering students whose families make $48-$75k list, Andrews has also earned the #17 rank in our “Best Engineering Schools in Michigan” ranking. It costs about $20,399 for michigan engineering students whose families make $48-$75k per year to attend Andrews University.
The student-to-faculty ratio of 10 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 85%, the school does an excellent job of retaining its students. The student loan default rate at the school is 4.8%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #19, Lawrence Technological University did quite well on the 2022 Best Value Engineering Schools in Michigan For Those Making $48-$75k list. Located in Southfield, Michigan, this small private not-for-profit school awarded 274 degrees to qualified ’s engineering students in 2019-2020.
As a testament to the quality of education offered at Lawrence Tech, the school also landed the #10 spot in our “Best Engineering Schools in Michigan” ranking. The yearly cost to attend Lawrence Tech is $32,036 for michigan engineering students whose families make $48-$75k.
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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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