Best Value Colleges For Engineering Careers

If you’re considering a career as an engineer, you’re probably already making a wise financial decision.

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Rank
School Name
Annual ROI
20 Year ROI annualized to represent the % of expected ROI received each year after graduation.
Annual ROI
20 Year ROI annualized to represent the % of expected ROI received each year after graduation.
Annual ROI
20 Year ROI annualized to represent the % of expected ROI received each year after graduation.
Annual ROI
20 Year ROI annualized to represent the % of expected ROI received each year after graduation.
20 Year Net ROI
 
Difference between 20 Year Median Pay for a bachelor’s grad and 24 Year Median Pay for a high school grad minus Total 4 Year Cost.
20 Year Net ROI
Difference between 20 Year Median Pay for a bachelor’s grad and 24 Year Median Pay for a high school grad minus Total 4 Year Cost.
20 Year Net ROI
Difference between 20 Year Median Pay for a bachelor’s grad and 24 Year Median Pay for a high school grad minus Total 4 Year Cost.
20 Year Net ROI
Difference between 20 Year Median Pay for a bachelor’s grad and 24 Year Median Pay for a high school grad minus Total 4 Year Cost.
Total 4 Year Cost
Full cost, including tuition & fees, room & board, and books & supplies. Actual net cost may vary based on a student’s academic success and family income. Source: IPEDS
Total 4 Year Cost
Full cost, including tuition & fees, room & board, and books & supplies. Actual net cost may vary based on a student’s academic success and family income. Source: IPEDS
Graduation Rate
% of full-time, first-time degree seeking undergrad students who began their studies at the given school and graduate within 6 years. Source: IPEDS
Typical Years to Graduate
# of years it takes for at least 65 percent of graduates from a given school to receive their diplomas. Source: IPEDS
Average Loan Amount
Received by full-time, first-time degree seeking undergrad students, multiplied to represent amount over four years. Includes all Title IV loans and all institutionally- and privately-sponsored student loans. Source: IPEDS
% Grant Money Received
% of full-time, first-time undergrads who received local, state, federal, or institutional grant aid in the 2012-2013 academic year. Source: IPEDS
114.5%14.1%17.3%16.7%$1,079,000$1,074,000$1,109,000$1,104,000$77,100$82,50042%5$19,50039%
1McNeese State University(In-State)
Annual ROI14.5%
Annual ROI14.1%
Annual ROI17.3%
Annual ROI16.7%
20 Year Net ROI$1,079,000
20 Year Net ROI$1,074,000
20 Year Net ROI$1,109,000
20 Year Net ROI$1,104,000
Total 4 Year Cost$77,100
Total 4 Year Cost$82,500
Grad Rate42%
Time to Graduate5
Loan Amt$19,500
Grant Money Received39%
218.7%N/A22.3%N/A$1,045,000N/A$1,061,000N/A$34,900N/A76%4$20,0008%
2United States Merchant Marine Academy(Service Academy)
Annual ROI18.7%
Annual ROIN/A
Annual ROI22.3%
Annual ROIN/A
20 Year Net ROI$1,045,000
20 Year Net ROIN/A
20 Year Net ROI$1,061,000
20 Year Net ROIN/A
Total 4 Year Cost$34,900
Total 4 Year CostN/A
Grad Rate76%
Time to Graduate4
Loan Amt$20,000
Grant Money Received8%
311.9%11.7%13.5%13.2%$1,035,000$1,030,000$1,065,000$1,059,000$121,000$127,00042%5$19,50039%
3McNeese State University(Out-of-State)
Annual ROI11.9%
Annual ROI11.7%
Annual ROI13.5%
Annual ROI13.2%
20 Year Net ROI$1,035,000
20 Year Net ROI$1,030,000
20 Year Net ROI$1,065,000
20 Year Net ROI$1,059,000
Total 4 Year Cost$121,000
Total 4 Year Cost$127,000
Grad Rate42%
Time to Graduate5
Loan Amt$19,500
Grant Money Received39%
4N/AN/AN/AN/A$992,000N/A$992,000N/A$0N/A86%4N/AN/A
4United States Military Academy(Service Academy)
Annual ROIN/A
Annual ROIN/A
Annual ROIN/A
Annual ROIN/A
20 Year Net ROI$992,000
20 Year Net ROIN/A
20 Year Net ROI$992,000
20 Year Net ROIN/A
Total 4 Year Cost$0
Total 4 Year CostN/A
Grad Rate86%
Time to Graduate4
Loan AmtN/A
Grant Money ReceivedN/A
513.5%13.6%15.9%16.1%$991,000$992,000$1,020,000$1,022,000$85,700$84,20033%5$29,60045%
5Lamar University(In-State)
Annual ROI13.5%
Annual ROI13.6%
Annual ROI15.9%
Annual ROI16.1%
20 Year Net ROI$991,000
20 Year Net ROI$992,000
20 Year Net ROI$1,020,000
20 Year Net ROI$1,022,000
Total 4 Year Cost$85,700
Total 4 Year Cost$84,200
Grad Rate33%
Time to Graduate5
Loan Amt$29,600
Grant Money Received45%
6 (tie)8.2%8.3%13.1%13.2%$960,000$963,000$1,107,000$1,109,000$250,000$247,00094%4$30,90011%
6 (tie)California Institute of Technology(Private)
Annual ROI8.2%
Annual ROI8.3%
Annual ROI13.1%
Annual ROI13.2%
20 Year Net ROI$960,000
20 Year Net ROI$963,000
20 Year Net ROI$1,107,000
20 Year Net ROI$1,109,000
Total 4 Year Cost$250,000
Total 4 Year Cost$247,000
Grad Rate94%
Time to Graduate4
Loan Amt$30,900
Grant Money Received11%
6 (tie)N/AN/AN/AN/A$960,000N/A$960,000N/A$0N/A86%4N/AN/A
6 (tie)United States Naval Academy(Service Academy)
Annual ROIN/A
Annual ROIN/A
Annual ROIN/A
Annual ROIN/A
20 Year Net ROI$960,000
20 Year Net ROIN/A
20 Year Net ROI$960,000
20 Year Net ROIN/A
Total 4 Year Cost$0
Total 4 Year CostN/A
Grad Rate86%
Time to Graduate4
Loan AmtN/A
Grant Money ReceivedN/A
811.5%11.6%13.1%13.2%$954,000$956,000$984,000$985,000$122,000$121,00033%5$29,60045%
8Lamar University(Out-of-State)
Annual ROI11.5%
Annual ROI11.6%
Annual ROI13.1%
Annual ROI13.2%
20 Year Net ROI$954,000
20 Year Net ROI$956,000
20 Year Net ROI$984,000
20 Year Net ROI$985,000
Total 4 Year Cost$122,000
Total 4 Year Cost$121,000
Grad Rate33%
Time to Graduate5
Loan Amt$29,600
Grant Money Received45%
9 (tie)13.1%N/A15.4%N/A$943,000N/A$972,000N/A$87,700N/A62%4$28,60023%
9 (tie)The California Maritime Academy(In-State)
Annual ROI13.1%
Annual ROIN/A
Annual ROI15.4%
Annual ROIN/A
20 Year Net ROI$943,000
20 Year Net ROIN/A
20 Year Net ROI$972,000
20 Year Net ROIN/A
Total 4 Year Cost$87,700
Total 4 Year CostN/A
Grad Rate62%
Time to Graduate4
Loan Amt$28,600
Grant Money Received23%
9 (tie)11.3%11.5%15.9%16.4%$943,000$948,000$1,012,000$1,017,000$125,000$120,00087%4$22,80026%
9 (tie)University of California-San Diego(In-State)
Annual ROI11.3%
Annual ROI11.5%
Annual ROI15.9%
Annual ROI16.4%
20 Year Net ROI$943,000
20 Year Net ROI$948,000
20 Year Net ROI$1,012,000
20 Year Net ROI$1,017,000
Total 4 Year Cost$125,000
Total 4 Year Cost$120,000
Grad Rate87%
Time to Graduate4
Loan Amt$22,800
Grant Money Received26%
118.0%N/A15.8%N/A$931,000N/A$1,122,000N/A$255,000N/A94%4$32,20013%
11Stanford University(Private)
Annual ROI8.0%
Annual ROIN/A
Annual ROI15.8%
Annual ROIN/A
20 Year Net ROI$931,000
20 Year Net ROIN/A
20 Year Net ROI$1,122,000
20 Year Net ROIN/A
Total 4 Year Cost$255,000
Total 4 Year CostN/A
Grad Rate94%
Time to Graduate4
Loan Amt$32,200
Grant Money Received13%
1212.5%12.5%14.5%14.5%$917,000$917,000$945,000$945,000$95,300$95,30057%5$29,60022%
12SUNY Maritime College(In-State)
Annual ROI12.5%
Annual ROI12.5%
Annual ROI14.5%
Annual ROI14.5%
20 Year Net ROI$917,000
20 Year Net ROI$917,000
20 Year Net ROI$945,000
20 Year Net ROI$945,000
Total 4 Year Cost$95,300
Total 4 Year Cost$95,300
Grad Rate57%
Time to Graduate5
Loan Amt$29,600
Grant Money Received22%
1314.1%12.9%17.0%15.1%$910,000$894,000$938,000$922,000$70,500$86,50025%5$24,30026%
13University of Alaska Fairbanks(In-State)
Annual ROI14.1%
Annual ROI12.9%
Annual ROI17.0%
Annual ROI15.1%
20 Year Net ROI$910,000
20 Year Net ROI$894,000
20 Year Net ROI$938,000
20 Year Net ROI$922,000
Total 4 Year Cost$70,500
Total 4 Year Cost$86,500
Grad Rate25%
Time to Graduate5
Loan Amt$24,300
Grant Money Received26%
1410.8%N/A12.2%N/A$898,000N/A$927,000N/A$132,000N/A62%4$28,60023%
14The California Maritime Academy(Out-of-State)
Annual ROI10.8%
Annual ROIN/A
Annual ROI12.2%
Annual ROIN/A
20 Year Net ROI$898,000
20 Year Net ROIN/A
20 Year Net ROI$927,000
20 Year Net ROIN/A
Total 4 Year Cost$132,000
Total 4 Year CostN/A
Grad Rate62%
Time to Graduate4
Loan Amt$28,600
Grant Money Received23%
158.5%8.6%12.3%12.6%$893,000$899,000$1,002,000$1,008,000$217,000$212,00073%4$36,50018%
15University of Tulsa(Private)
Annual ROI8.5%
Annual ROI8.6%
Annual ROI12.3%
Annual ROI12.6%
20 Year Net ROI$893,000
20 Year Net ROI$899,000
20 Year Net ROI$1,002,000
20 Year Net ROI$1,008,000
Total 4 Year Cost$217,000
Total 4 Year Cost$212,000
Grad Rate73%
Time to Graduate4
Loan Amt$36,500
Grant Money Received18%

* N/A indicates school does not have an on campus living option.

Engineers of all types are in demand, and almost all can expect to receive high salaries. But if you want to set yourself up for real financial success, you want to choose a college that has a proven track record for producing alumni who receive a solid return on their education investment.

It’s not hard to find a high return on investment for engineering majors. So where should you attend college if you want to be an engineer or work in the architecture field? The University of California, San Diego is perennially a good bet, and the fact that you get to attend college next to the beautiful beaches in La Jolla, California is an added bonus.

Just a few hours north, UC Santa Barbara also consistently offers a solid return for engineers. UCSB also boasts a beautiful, beachside campus, and even though it has a reputation as a party school, it consistently ranks high in our ROI report.

On the east coast, The University of Maryland Terrapins — the nickname for the school’s “Terp” turtle mascot — can generally expect a solid ROI. Though the University of Maryland may not be as well-known as schools like Caltech, MIT or UC Berkeley, it’s a good bet for students who want to explore an engineering career path. Interesting note: The University of Maryland is the alma mater of Under Armour founder and CEO Kevin Plank, who supplies the school’s athletic teams with gear and apparel.


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