2022 Best Value Colleges for Engineering (Income $75-$110k) in Maryland
It’s not easy to decide which college to attend when there so many options available for students. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Engineering Schools in Maryland For Those Making $75-$110k” ranking.
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 Maryland, there were 4,364 engineering graduates with average earnings and debt of $70,684 and $21,878 respectively.
For this year’s “Best Value Engineering Schools in Maryland For Those Making $75-$110k” ranking, we looked at 6 colleges that offer a degree in engineering. This ranking identifies schools with high-quality engineering programs that also have a lower cost than 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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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 Maryland For Those Making $75-$110k” ranking, along with many other major-related rankings, to help you make that decision.
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 Maryland For Those Making $75-$110k
The following schools top our list of the Best Best Value Engineering Schools in Maryland For Those Making $75-$110k.
Top 6 Best Value Colleges for Engineering (Income $75-$110k) in Maryland
Out of the 6 schools in the Best Value Engineering Schools in Maryland For Those Making $75-$110k that were part of this year’s ranking, Johns Hopkins University landed the #1 spot on the list. Johns Hopkins is a private not-for-profit institution located in Baltimore, Maryland. The school has a large population, and it awarded 1,145 ’s degrees in 2019-2020.
Johns Hopkins did well in our major quality rankings, too. It placed #1 on our “Best Engineering Schools in Maryland” list. It costs about $19,177 for Maryland Engineering students whose families make $75-$110k per year to attend Johns Hopkins University.
The school has an impressive student loan default rate. It’s only 1.3%, 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 97%. The impressive 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.
You’ll join some of the best and brightest minds around if you attend University of Maryland - College Park. The school came in at #2 for the Best Value Engineering Schools in Maryland For Those Making $75-$110k. College Park, Maryland is the setting for this large institution of higher learning. The public school handed out ’s engineering degrees to 1,837 students in 2019-2020.
As a testament to the quality of education offered at UMCP, the school also landed the #2 spot in our “Best Engineering Schools in Maryland” ranking. The estimated yearly cost for UMCP is $22,710 for Maryland Engineering students whose families make $75-$110k.
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 school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%.
Full University of Maryland - College Park Engineering Report
You’ll be in good company if you decide to attend Frostburg State University. It ranked #3 on our 2022 Best Value Engineering Schools in Maryland For Those Making $75-$110k list. Frostburg State is located in Frostburg, Maryland and, has a small student population. In 2019-2020, this school awarded 38 ’s engineering degrees to qualified students.
Frostburg State also took the #5 spot in our “Best Engineering Schools in Maryland” ranking. The estimated yearly cost for Frostburg State University is $20,872 for Maryland Engineering students whose families make $75-$110k.
Out of the 6 schools in the Best Value Engineering Schools in Maryland For Those Making $75-$110k that were part of this year’s ranking, Morgan State University landed the #4 spot on the list. Baltimore, Maryland is the setting for this medium-sized institution of higher learning. The public school handed out ’s engineering degrees to 243 students in 2019-2020.
In addition to being on our maryland engineering students whose families make $75-$110k list, Morgan State has also earned the #6 rank in our “Best Engineering Schools in Maryland” ranking. It costs about $21,626 for maryland engineering students whose families make $75-$110k per year to attend Morgan State.
Out of the 6 schools in the Best Value Engineering Schools in Maryland For Those Making $75-$110k that were part of this year’s ranking, University of Maryland - Baltimore County landed the #5 spot on the list. This fairly large school is located in Baltimore, Maryland, and it awarded 304 ’s engineering degrees in 2019-2020.
In addition to being on our maryland engineering students whose families make $75-$110k list, UMBC has also earned the #4 rank in our “Best Engineering Schools in Maryland” ranking. The yearly cost to attend University of Maryland - Baltimore County is $23,922 for Maryland Engineering students whose families make $75-$110k.
The low student loan default rate of 4.3% 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 freshman retention rate of 87%, the school does an excellent job of retaining its students.
Loyola University Maryland ranked #6 on this year’s Best Value Engineering Schools in Maryland For Those Making $75-$110k list. Baltimore, Maryland is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s engineering degrees to 39 students in 2019-2020.
Loyola Maryland not only placed well in this ranking. It is also #3 on our “Best Engineering Schools in Maryland” list. The estimated yearly cost for Loyola Maryland is $32,878 for Maryland Engineering students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 2.3%, 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 87%.
- Best Value Colleges for Engineering (Income $75-$110k) in the Middle Atlantic Region
- Best Value Colleges for Engineering (Income $75-$110k)
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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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