Best Value Colleges For Engineering Majors

Engineering is one major that is sure to pay you back nicely for years to come. It’s a versatile major, teaching skills that are in demand well beyond graduation and have significant value in the real world.

Read more

FIND OUT EXACTLY WHAT YOU SHOULD BE PAID

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
111.9%12.9%16.3%18.6%$1,188,000$1,209,000$1,262,000$1,283,000$139,000$118,00092%4$23,90023%
1University of California-Berkeley(In-State)
Annual ROI11.9%
Annual ROI12.9%
Annual ROI16.3%
Annual ROI18.6%
20 Year Net ROI$1,188,000
20 Year Net ROI$1,209,000
20 Year Net ROI$1,262,000
20 Year Net ROI$1,283,000
Total 4 Year Cost$139,000
Total 4 Year Cost$118,000
Grad Rate92%
Time to Graduate4
Loan Amt$23,900
Grant Money Received23%
2N/AN/AN/AN/A$1,117,000N/A$1,117,000N/A$0N/A86%4N/AN/A
2United States Military Academy(Service Academy)
Annual ROIN/A
Annual ROIN/A
Annual ROIN/A
Annual ROIN/A
20 Year Net ROI$1,117,000
20 Year Net ROIN/A
20 Year Net ROI$1,117,000
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
3N/AN/AN/AN/A$1,108,000N/A$1,108,000N/A$0N/A86%4N/AN/A
3United States Naval Academy(Service Academy)
Annual ROIN/A
Annual ROIN/A
Annual ROIN/A
Annual ROIN/A
20 Year Net ROI$1,108,000
20 Year Net ROIN/A
20 Year Net ROI$1,108,000
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
49.0%9.5%11.1%11.9%$1,091,000$1,112,000$1,165,000$1,186,000$236,000$215,00092%4$23,90023%
4University of California-Berkeley(Out-of-State)
Annual ROI9.0%
Annual ROI9.5%
Annual ROI11.1%
Annual ROI11.9%
20 Year Net ROI$1,091,000
20 Year Net ROI$1,112,000
20 Year Net ROI$1,165,000
20 Year Net ROI$1,186,000
Total 4 Year Cost$236,000
Total 4 Year Cost$215,000
Grad Rate92%
Time to Graduate4
Loan Amt$23,900
Grant Money Received23%
514.0%14.0%16.4%16.6%$1,082,000$1,084,000$1,112,000$1,113,000$85,700$84,20033%5$29,60045%
5Lamar University(In-State)
Annual ROI14.0%
Annual ROI14.0%
Annual ROI16.4%
Annual ROI16.6%
20 Year Net ROI$1,082,000
20 Year Net ROI$1,084,000
20 Year Net ROI$1,112,000
20 Year Net ROI$1,113,000
Total 4 Year Cost$85,700
Total 4 Year Cost$84,200
Grad Rate33%
Time to Graduate5
Loan Amt$29,600
Grant Money Received45%
618.8%N/A22.4%N/A$1,066,000N/A$1,081,000N/A$34,900N/A76%4$20,0008%
6United States Merchant Marine Academy(Service Academy)
Annual ROI18.8%
Annual ROIN/A
Annual ROI22.4%
Annual ROIN/A
20 Year Net ROI$1,066,000
20 Year Net ROIN/A
20 Year Net ROI$1,081,000
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%
714.4%14.0%17.2%16.6%$1,059,000$1,053,000$1,088,000$1,083,000$77,100$82,50042%5$19,50039%
7McNeese State University(In-State)
Annual ROI14.4%
Annual ROI14.0%
Annual ROI17.2%
Annual ROI16.6%
20 Year Net ROI$1,059,000
20 Year Net ROI$1,053,000
20 Year Net ROI$1,088,000
20 Year Net ROI$1,083,000
Total 4 Year Cost$77,100
Total 4 Year Cost$82,500
Grad Rate42%
Time to Graduate5
Loan Amt$19,500
Grant Money Received39%
88.3%7.8%14.6%13.3%$1,057,000$1,034,000$1,241,000$1,219,000$272,000$294,00094%4$35,90017%
8Columbia University in the City of New York(Private)
Annual ROI8.3%
Annual ROI7.8%
Annual ROI14.6%
Annual ROI13.3%
20 Year Net ROI$1,057,000
20 Year Net ROI$1,034,000
20 Year Net ROI$1,241,000
20 Year Net ROI$1,219,000
Total 4 Year Cost$272,000
Total 4 Year Cost$294,000
Grad Rate94%
Time to Graduate4
Loan Amt$35,900
Grant Money Received17%
98.6%N/A14.8%N/A$1,053,000N/A$1,220,000N/A$249,000N/A93%4$30,20015%
9Massachusetts Institute of Technology(Private)
Annual ROI8.6%
Annual ROIN/A
Annual ROI14.8%
Annual ROIN/A
20 Year Net ROI$1,053,000
20 Year Net ROIN/A
20 Year Net ROI$1,220,000
20 Year Net ROIN/A
Total 4 Year Cost$249,000
Total 4 Year CostN/A
Grad Rate93%
Time to Graduate4
Loan Amt$30,200
Grant Money Received15%
1014.8%13.7%17.7%15.9%$1,050,000$1,034,000$1,078,000$1,062,000$70,500$86,50025%5$24,30026%
10University of Alaska Fairbanks(In-State)
Annual ROI14.8%
Annual ROI13.7%
Annual ROI17.7%
Annual ROI15.9%
20 Year Net ROI$1,050,000
20 Year Net ROI$1,034,000
20 Year Net ROI$1,078,000
20 Year Net ROI$1,062,000
Total 4 Year Cost$70,500
Total 4 Year Cost$86,500
Grad Rate25%
Time to Graduate5
Loan Amt$24,300
Grant Money Received26%
1112.0%12.0%13.5%13.6%$1,046,000$1,047,000$1,076,000$1,077,000$122,000$121,00033%5$29,60045%
11Lamar University(Out-of-State)
Annual ROI12.0%
Annual ROI12.0%
Annual ROI13.5%
Annual ROI13.6%
20 Year Net ROI$1,046,000
20 Year Net ROI$1,047,000
20 Year Net ROI$1,076,000
20 Year Net ROI$1,077,000
Total 4 Year Cost$122,000
Total 4 Year Cost$121,000
Grad Rate33%
Time to Graduate5
Loan Amt$29,600
Grant Money Received45%
1211.8%12.0%16.3%16.9%$1,033,000$1,038,000$1,103,000$1,108,000$125,000$120,00087%4$22,80026%
12University of California-San Diego(In-State)
Annual ROI11.8%
Annual ROI12.0%
Annual ROI16.3%
Annual ROI16.9%
20 Year Net ROI$1,033,000
20 Year Net ROI$1,038,000
20 Year Net ROI$1,103,000
20 Year Net ROI$1,108,000
Total 4 Year Cost$125,000
Total 4 Year Cost$120,000
Grad Rate87%
Time to Graduate4
Loan Amt$22,800
Grant Money Received26%
138.4%N/A16.2%N/A$1,028,000N/A$1,219,000N/A$255,000N/A94%4$32,20013%
13Stanford University(Private)
Annual ROI8.4%
Annual ROIN/A
Annual ROI16.2%
Annual ROIN/A
20 Year Net ROI$1,028,000
20 Year Net ROIN/A
20 Year Net ROI$1,219,000
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%
1413.1%13.1%15.0%15.0%$1,018,000$1,018,000$1,045,000$1,045,000$95,300$95,30057%5$29,60022%
14SUNY Maritime College(In-State)
Annual ROI13.1%
Annual ROI13.1%
Annual ROI15.0%
Annual ROI15.0%
20 Year Net ROI$1,018,000
20 Year Net ROI$1,018,000
20 Year Net ROI$1,045,000
20 Year Net ROI$1,045,000
Total 4 Year Cost$95,300
Total 4 Year Cost$95,300
Grad Rate57%
Time to Graduate5
Loan Amt$29,600
Grant Money Received22%
1511.8%11.6%13.4%13.1%$1,015,000$1,009,000$1,044,000$1,039,000$121,000$127,00042%5$19,50039%
15McNeese State University(Out-of-State)
Annual ROI11.8%
Annual ROI11.6%
Annual ROI13.4%
Annual ROI13.1%
20 Year Net ROI$1,015,000
20 Year Net ROI$1,009,000
20 Year Net ROI$1,044,000
20 Year Net ROI$1,039,000
Total 4 Year Cost$121,000
Total 4 Year Cost$127,000
Grad Rate42%
Time to Graduate5
Loan Amt$19,500
Grant Money Received39%

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

If you’re a problem solver at heart who loves math and science, then engineering is definitely your calling. Engineers take scientific and mathematical principles and apply them to real-life situations to determine the best possible outcome(s); tinkering at its finest. And PayScale’s College ROI Report shows you where your educational dollars will be best spent, letting you tinker away at one of the nation’s best value colleges for engineer majors. Take your pick!

Always coming in high on the list of best value schools for engineering majors is the University of California, Berkeley (“Cal”). Cal is the only university to consistently rank in the top three or four on the College ROI Report for multiple majors and ranking third in the world for best value colleges for engineering majors. Just so you know, you can thank UC Berkeley engineers for helping build iconic structures such as the Hoover Dam and Golden Gate Bridge.

As the saying goes, “Everything’s bigger in Texas,” and this includes the expected return on investment provided by one of the state’s top private research academies. Coming in high on the College ROI Report for engineering majors is Rice University’s George R. Brown School of Engineering. In addition to Rice nearing the top of the list of best value colleges for engineering majors, the university and its faculty also put a great deal of emphasis on encouraging female students to pursue engineering degrees through a variety of programs and organizations offered by the university.

Rice University is a smart investment based on the rankings from the College ROI Report for engineering majors, but it comes with a private-school price tag.


Leave a Reply

avatar
  Subscribe  
Notify of

WHAT AM I WORTH?

What your skills are worth in the job market is constantly changing.

Get Your Pay Report

WHAT AM I WORTH?

What your skills are worth in the job market is constantly changing.