2022 Best Value Engineering Schools in Minnesota For Those Making $48-$75k
When pursuing a degree in today’s world, students have many different options to choose from. 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 $48-$75k” ranking is part of that endeavor.
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 Minnesota, there were 2,429 engineering graduates with average earnings and debt of $63,423 and $22,328 respectively.
For this year’s “Best Value Engineering Schools in Minnesota For Those Making $48-$75k” ranking, we looked at 7 colleges that offer a degree 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. Check out our ranking methodology for more information.
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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Engineering Schools in Minnesota For Those Making $48-$75k” list, to help you choose the best school for you.
In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value Engineering Schools in Minnesota For Those Making $48-$75k
The colleges and universities below are the best for minnesota engineering students whose families make $48-$75k.
Top 7 Best Value Colleges for Engineering (Income $48-$75k) in Minnesota
Out of the 7 schools in the Best Value Engineering Schools in Minnesota For Those Making $48-$75k that were part of this year’s ranking, University of Minnesota - Twin Cities landed the #1 spot on the list. Located in Minneapolis, Minnesota, this large public school handed out 1,276 diplomas to qualified ’s engineering students in 2019-2020.
UMN Twin Cities also took the #3 spot in our “Best Engineering Schools in Minnesota” ranking. The yearly cost to attend UMN Twin Cities is $12,556 for Minnesota Engineering students whose families make $48-$75k.
With a freshman retention rate of 93%, the school does an excellent job of retaining its students. 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%.
You’ll be in good company if you decide to attend Winona State University. It ranked #2 on our 2022 Best Value Engineering Schools in Minnesota For Those Making $48-$75k list. Winona State University is located in Winona, Minnesota and, has a medium-sized student population. In 2019-2020, this school awarded 18 ’s engineering degrees to qualified students.
Winona State not only placed well in this ranking. It is also #1 on our “Best Engineering Schools in Minnesota” list. It costs about $15,140 for minnesota engineering students whose families make $48-$75k per year to attend Winona State University.
The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend University of Minnesota - Duluth. The school came in at #3 for the Best Value Engineering Schools in Minnesota For Those Making $48-$75k. UMN Duluth is a fairly large school located in Duluth, Minnesota that handed out 327 ’s engineering degrees in 2019-2020.
In addition to being on our minnesota engineering students whose families make $48-$75k list, UMN Duluth has also earned the #5 rank in our “Best Engineering Schools in Minnesota” ranking. The yearly cost to attend UMN Duluth is $12,438 for Minnesota Engineering students whose families make $48-$75k.
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 Saint Cloud State University. It ranked #4 on our 2022 Best Value Engineering Schools in Minnesota For Those Making $48-$75k list. This fairly large school is located in Saint Cloud, Minnesota, and it awarded 135 ’s engineering degrees in 2019-2020.
St. Cloud State University did well in our major quality rankings, too. It placed #7 on our “Best Engineering Schools in Minnesota” list. It costs about $13,373 for Minnesota Engineering students whose families make $48-$75k per year to attend Saint Cloud State University.
Read full report on Engineering at St. Cloud State University
Out of the 7 schools in the Best Value Engineering Schools in Minnesota For Those Making $48-$75k that were part of this year’s ranking, Minnesota State University - Mankato landed the #5 spot on the list. Minnesota State Mankato is a fairly large public school situated in Mankato, Minnesota. It awarded 160 ’s engineering degrees in 2019-2020.
As a testament to the quality of education offered at Minnesota State Mankato, the school also landed the #6 spot in our “Best Engineering Schools in Minnesota” ranking. The estimated yearly cost for Minnesota State University - Mankato is $14,451 for Minnesota Engineering students whose families make $48-$75k.
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 ranked #6 on this year’s Best Value Engineering Schools in Minnesota For Those Making $48-$75k list. Located in Minneapolis, Minnesota, this small private not-for-profit school awarded 39 degrees to qualified ’s engineering students in 2019-2020.
Dunwoody College of Technology also took the #2 spot in our “Best Engineering Schools in Minnesota” ranking. The yearly cost to attend Dunwoody College of Technology is $24,772 for Minnesota Engineering students whose families make $48-$75k.
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.
University of St Thomas Minnesota ranked #7 on this year’s Best Value Engineering Schools in Minnesota For Those Making $48-$75k list. University of St Thomas Minnesota is a medium-sized private not-for-profit school situated in Saint Paul, Minnesota. It awarded 231 ’s engineering degrees in 2019-2020.
UST MN did well in our major quality rankings, too. It placed #4 on our “Best Engineering Schools in Minnesota” list. The estimated yearly cost for University of St Thomas Minnesota is $26,172 for Minnesota 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 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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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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