2022 Best Value Colleges for Engineering (Income $48-$75k) in Massachusetts
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 Massachusetts For Those Making $48-$75k” ranking - to help you make that decision.
Engineering is one of the most popular majors in the nation, ranking 6th of all the majors we analyze. In 2019-2020, 200,458 degrees were awarded to students with this major. 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 Massachusetts, there were 9,337 engineering graduates with average earnings and debt of $74,600 and $25,045 respectively.
For this year’s “Best Value Engineering Schools in Massachusetts For Those Making $48-$75k” ranking, we looked at 15 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.
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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 Massachusetts For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value Engineering Schools in Massachusetts For Those Making $48-$75k
The following schools top our list of the Best Best Value Engineering Schools in Massachusetts For Those Making $48-$75k.
Top 15 Best Value Colleges for Engineering (Income $48-$75k) in Massachusetts
You’ll be in good company if you decide to attend Massachusetts Institute of Technology. It ranked #1 on our 2022 Best Value Engineering Schools in Massachusetts For Those Making $48-$75k list. MIT is a fairly large private not-for-profit school situated in Cambridge, Massachusetts. It awarded 1,154 ’s engineering degrees in 2019-2020.
As a testament to the quality of education offered at MIT, the school also landed the #2 spot in our “Best Engineering Schools in Massachusetts” ranking. It costs about $6,049 for massachusetts engineering students whose families make $48-$75k per year to attend Massachusetts Institute of Technology.
The school has an impressive student loan default rate. It’s only 1.1%, which is much lower than the national rate of 10.1%. Since the school has a student-to-faculty ratio of 3 to 1, those pursuing a degree will have more opportunities to interact with their professors. Students who start out at the school are likely to stick around. The freshman retention rate is 98%.
Read full report on Engineering at Massachusetts Institute of Technology
You’ll join some of the best and brightest minds around if you attend Harvard University. The school came in at #2 for the Best Value Engineering Schools in Massachusetts For Those Making $48-$75k. Harvard is a private not-for-profit institution located in Cambridge, Massachusetts. The school has a large population, and it awarded 309 ’s degrees in 2019-2020.
Harvard also took the #4 spot in our “Best Engineering Schools in Massachusetts” ranking. The estimated yearly cost for Harvard University is $3,411 for Massachusetts Engineering students whose families make $48-$75k.
The impressive 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 school has an impressive student loan default rate. It’s only 1.1%, which is much lower than the national rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend Olin College. The school came in at #3 for the Best Value Engineering Schools in Massachusetts For Those Making $48-$75k. Olin College is located in Needham, Massachusetts and, has a small student population. In 2019-2020, this school awarded 90 ’s engineering degrees to qualified students.
As a testament to the quality of education offered at Olin College, the school also landed the #1 spot in our “Best Engineering Schools in Massachusetts” ranking. The yearly cost to attend Olin College is $5,574 for massachusetts engineering students whose families make $48-$75k.
Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors.
You’ll be in good company if you decide to attend Massachusetts Maritime Academy. It ranked #4 on our 2022 Best Value Engineering Schools in Massachusetts For Those Making $48-$75k list. Buzzards Bay, Massachusetts is the setting for this small institution of higher learning. The public school handed out ’s engineering degrees to 174 students in 2019-2020.
Maritime did well in our major quality rankings, too. It placed #3 on our “Best Engineering Schools in Massachusetts” list. The estimated yearly cost for Maritime is $10,367 for massachusetts engineering students whose families make $48-$75k.
With a freshman retention rate of 87%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.7%, which is much lower than the national rate of 10.1%.
You’ll be in good company if you decide to attend Northeastern University. It ranked #5 on our 2022 Best Value Engineering Schools in Massachusetts For Those Making $48-$75k list. This large school is located in Boston, Massachusetts, and it awarded 2,435 ’s engineering degrees in 2019-2020.
In addition to being on our massachusetts engineering students whose families make $48-$75k list, Northeastern has also earned the #5 rank in our “Best Engineering Schools in Massachusetts” ranking. It costs about $17,692 for massachusetts engineering students whose families make $48-$75k per year to attend Northeastern University.
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 school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%.
With a ranking of #6, Smith College did quite well on the 2022 Best Value Engineering Schools in Massachusetts For Those Making $48-$75k list. Smith College is a small school located in Northampton, Massachusetts that handed out 49 ’s engineering degrees in 2019-2020.
Smith also made our “Best Engineering Schools in Massachusetts” list, coming in at #9. The estimated yearly cost for Smith College is $16,394 for Massachusetts Engineering students whose families make $48-$75k.
The low student loan default rate of 1.1% 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%. Since the school has a student-to-faculty ratio of 7 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Boston University did quite well in the 2022 Best Value Engineering Schools in Massachusetts For Those Making $48-$75k ranking, coming in at #7. Boston U is a large private not-for-profit school situated in Boston, Massachusetts. It awarded 841 ’s engineering degrees in 2019-2020.
Boston U also took the #8 spot in our “Best Engineering Schools in Massachusetts” ranking. It costs about $20,231 for Massachusetts Engineering students whose families make $48-$75k per year to attend Boston U.
The low 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%. 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. With a freshman retention rate of 92%, the school does an excellent job of retaining its students.
Tufts University ranked #8 on this year’s Best Value Engineering Schools in Massachusetts For Those Making $48-$75k list. Tufts University is a private not-for-profit institution located in Medford, Massachusetts. The school has a fairly large population, and it awarded 271 ’s degrees in 2019-2020.
Tufts not only placed well in this ranking. It is also #6 on our “Best Engineering Schools in Massachusetts” list. It costs about $13,525 for Massachusetts Engineering students whose families make $48-$75k per year to attend Tufts University.
With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. 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%. The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year.
University of Massachusetts Amherst ranked #9 on this year’s Best Value Engineering Schools in Massachusetts For Those Making $48-$75k list. University of Massachusetts Amherst is a large public school situated in Amherst, Massachusetts. It awarded 700 ’s engineering degrees in 2019-2020.
UMass Amherst also made our “Best Engineering Schools in Massachusetts” list, coming in at #11. The estimated yearly cost for University of Massachusetts Amherst is $18,104 for Massachusetts Engineering students whose families make $48-$75k.
The low student loan default rate of 2.8% 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 89%, the school does an excellent job of retaining its students.
Read full report on Engineering at University of Massachusetts Amherst
University of Massachusetts - Lowell came in at #10 in this year’s edition of the Best Value Engineering Schools in Massachusetts For Those Making $48-$75k ranking. University of Massachusetts - Lowell is a fairly large public school situated in Lowell, Massachusetts. It awarded 896 ’s engineering degrees in 2019-2020.
UMass Lowell also made our “Best Engineering Schools in Massachusetts” list, coming in at #12. It costs about $16,672 for Massachusetts Engineering students whose families make $48-$75k per year to attend University of Massachusetts - Lowell.
The low student loan default rate of 4.4% 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%.
University of Massachusetts - Dartmouth ranked #11 on this year’s Best Value Engineering Schools in Massachusetts For Those Making $48-$75k list. This medium-sized school is located in North Dartmouth, Massachusetts, and it awarded 186 ’s engineering degrees in 2019-2020.
In addition to being on our massachusetts engineering students whose families make $48-$75k list, UMass Dartmouth has also earned the #14 rank in our “Best Engineering Schools in Massachusetts” ranking. The estimated yearly cost for UMass Dartmouth is $18,658 for Massachusetts Engineering students whose families make $48-$75k.
University of Massachusetts - Boston landed the #12 spot on the 2022 Best Value Engineering Schools in Massachusetts For Those Making $48-$75k ranking. University of Massachusetts - Boston is located in Boston, Massachusetts and, has a fairly large student population. In 2019-2020, this school awarded 28 ’s engineering degrees to qualified students.
UMass Boston also made our “Best Engineering Schools in Massachusetts” list, coming in at #15. The estimated yearly cost for UMass Boston is $18,521 for massachusetts engineering students whose families make $48-$75k.
With a ranking of #13, Worcester Polytechnic Institute did quite well on the 2022 Best Value Engineering Schools in Massachusetts For Those Making $48-$75k list. WPI is located in Worcester, Massachusetts and, has a medium-sized student population. In 2019-2020, this school awarded 1,209 ’s engineering degrees to qualified students.
In addition to being on our massachusetts engineering students whose families make $48-$75k list, WPI has also earned the #7 rank in our “Best Engineering Schools in Massachusetts” ranking. The estimated yearly cost for WPI is $36,391 for Massachusetts Engineering students whose families make $48-$75k.
The school has an impressive student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year.
Wentworth Institute of Technology did quite well in the 2022 Best Value Engineering Schools in Massachusetts For Those Making $48-$75k ranking, coming in at #14. Located in Boston, Massachusetts, this small private not-for-profit school handed out 380 diplomas to qualified ’s engineering students in 2019-2020.
WIT also took the #10 spot in our “Best Engineering Schools in Massachusetts” ranking. The yearly cost to attend WIT is $34,857 for massachusetts engineering students whose families make $48-$75k.
The low student loan default rate of 3.0% 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%.
Read more about Engineering at Wentworth Institute of Technology
Merrimack College did quite well in the 2022 Best Value Engineering Schools in Massachusetts For Those Making $48-$75k ranking, coming in at #15. Merrimack is a medium-sized school located in North Andover, Massachusetts that handed out 82 ’s engineering degrees in 2019-2020.
As a testament to the quality of education offered at Merrimack, the school also landed the #13 spot in our “Best Engineering Schools in Massachusetts” ranking. The yearly cost to attend Merrimack College is $30,433 for Massachusetts Engineering students whose families make $48-$75k.
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%.
- Best Value Colleges for Engineering (Income $48-$75k) in the New England 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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