Rankings / Value

Best ROI Colleges for Engineering

By David Krug, Co-Founder, CollegeRanker · Updated 2026-05-31 · 50 schools · Agent Insights

Schools Analyzed

$93,069

Avg. Earnings (10yr)

87%

Avg. Graduation Rate

$22,001

Avg. Net Price

Find Your Program

Explore Accredited Programs in This Field

Find accredited programs in this field accepting applicants.

✓ Accredited programs ✓ 100% free ✓ No obligation

When considering a degree in engineering, the choice of college can significantly impact future earnings. The schools on this list excel at preparing students for high-paying careers in this field, with the average earnings for graduates standing at $93,407.

The top engineering colleges here are distinguished by their impressive graduation rates, manageable debt loads, and strong return on investment. These metrics help paint a clearer picture of what to expect after graduation and provide insights into mobility and financial health.

For instance, the Massachusetts Institute of Technology leads the pack with earnings of $143,372 and a graduation rate of 96%. In contrast, Johns Hopkins University, while still strong, offers lower earnings at $87,555, highlighting the tradeoffs students may face when choosing their ideal program.

Key Findings

Massachusetts Institute of Technology graduates earn an average of $143,372 annually.

Princeton University has a 97% graduation rate with a net price of just $6,128.

Graduates of the United States Merchant Marine Academy earn $90,610 but have a lower graduation rate of 81%.

Johns Hopkins University students face a net price of $18,809, resulting in $10,250 in average debt.

Quick Numbers

Schools ranked 50

Avg. earnings at 10yr $93,069

Avg. graduation rate 87%

Avg. net price $22,001

Avg. median debt $18,282

How We Ranked

Ranked by return on investment with program concentration in Engineering

Read our full methodology →

Earnings vs. Cost

Each dot is a ranked school. Up = higher earnings. Right = higher cost. Top-left is the best value.

Graduation Rates

Longer bars = higher graduation rate.

Top 3

Massachusetts Institute of Technology

Cambridge, MA

Graduation96%

Earnings$143,372

Net Price$20,111

View full profile →

Princeton University

Princeton, NJ

Graduation97%

Earnings$110,066

Net Price$6,128

View full profile →

Stanford University

Stanford, CA

Graduation92%

Earnings$124,080

Net Price$13,807

View full profile →

Featured Programs From Accredited Schools

Accredited schools accepting applicants in this field.

Full Rankings

Massachusetts Institute of Technology

Cambridge, MA · 4,535 students · Private nonprofit

With a graduation rate of 96%, MIT is a place where students are not just learning, but thriving in an environment that encourages innovation and creativity. The median earnings of $143,372 at ten years post-graduation reflect the strong career outcomes that come from an MIT education, making it a compelling choice for those looking to make an impact in technology and engineering fields.

5% accepted 96% graduate $143,372 earnings

Massachusetts's full profile

Princeton University

Princeton, NJ · 5,709 students · Private nonprofit

Princeton University’s 97% graduation rate speaks volumes about the supportive academic environment it cultivates for its students. The median earnings of $110,066 ten years after graduation highlight the strong return on investment for those who choose to study here, particularly in fields like public service, education, and the humanities where graduates greatly contribute to society.

5% accepted 97% graduate $110,066 earnings

Princeton's full profile

Stanford University

Stanford, CA · 7,554 students · Private nonprofit

Stanford University is known for its entrepreneurial spirit and a strong sense of community among its students. With a graduation rate of 92% and median earnings of $124,080 within ten years, Stanford graduates are well-prepared to make significant contributions across a variety of sectors, particularly in technology and business.

4% accepted 92% graduate $124,080 earnings

Stanford's full profile

Johns Hopkins University

Baltimore, MD · 5,693 students · Private nonprofit

With a graduation rate of 94%, Johns Hopkins University in Baltimore is a beacon for students aiming for high academic achievement. Known for its research programs and strong emphasis on interdisciplinary learning, students here often find themselves at the forefront of innovation and inquiry across various fields.

6% accepted 94% graduate $87,555 earnings

Georgia Institute of Technology-Main Campus

Atlanta, GA · 18,785 students · Public

Atlanta's Georgia Institute of Technology is a hub for innovation and technology, attracting students who are eager to push boundaries in their fields. With a graduation rate of 93%, the school emphasizes a practical approach to education that prepares students for real-world challenges and opportunities in a rapidly evolving job market.

14% accepted 93% graduate $102,772 earnings

Georgia's full profile

California Institute of Technology

Pasadena, CA · 987 students · Private nonprofit

California Institute of Technology, or Caltech, is renowned for its rigorous science and engineering programs, boasting an impressive 94% graduation rate. With just 987 students, Caltech fosters a tight-knit community where collaboration and creativity thrive, offering unique opportunities for hands-on learning and research that can shape future scientists and innovators.

3% accepted 94% graduate $128,566 earnings

California's full profile

Rice University

Houston, TX · 4,776 students · Private nonprofit

Situated in Houston, Rice University offers a unique combination of academic excellence and a close community, reflected in its 95% graduation rate. With around 4,776 students, Rice emphasizes a student-focused approach to education, encouraging interdisciplinary studies and active participation in research projects across various disciplines.

8% accepted 95% graduate $89,718 earnings

Cornell University

Ithaca, NY · 15,995 students · Private nonprofit

Cornell University, situated in the picturesque town of Ithaca, New York, attracts students with its strong commitment to education and community. With a graduation rate of 95% among its 15,995 students, Cornell emphasizes both academic rigor and a supportive environment, making it a solid choice for motivated learners.

9% accepted 95% graduate $104,043 earnings

Cornell's full profile

Harvard University

Cambridge, MA · 7,601 students · Private nonprofit

Harvard University in Cambridge, MA, is synonymous with academic excellence and prestige. With a graduation rate of 97%, students here benefit from a rich array of resources, renowned faculty, and a supportive environment. This long-standing legacy of success attracts ambitious and driven individuals who are eager to make their mark on the world.

4% accepted 97% graduate $101,817 earnings

Harvard's full profile

#10

Duke University

Durham, NC · 6,442 students · Private nonprofit

Duke University, located in Durham, North Carolina, is known for its rigorous academic programs and a close-knit community of just 6,442 students. With a graduation rate of 96%, students here are supported throughout their journey, fostering a sense of belonging and achievement.

6% accepted 96% graduate $97,800 earnings

Vanderbilt University

Nashville, TN · 7,208 students · Private nonprofit

Vanderbilt University, nestled in Nashville, Tennessee, cultivates a unique blend of academic excellence and vibrant campus life. With a graduation rate of 93%, this private nonprofit school serves around 7,208 students, providing an environment that fosters collaboration and personal growth.

6% accepted 93% graduate $91,565 earnings

Vanderbilt's full profile

#12

University of Pennsylvania

Philadelphia, PA · 10,650 students · Private nonprofit

With a graduation rate of 97%, the University of Pennsylvania exemplifies academic excellence and student success. Located in Philadelphia, this private nonprofit institution is home to a diverse student body of 10,650 and offers a dynamic environment that encourages intellectual curiosity and social engagement.

5% accepted 97% graduate $111,371 earnings

University's full profile

#13

Carnegie Mellon University

Pittsburgh, PA · 7,304 students · Private nonprofit

Carnegie Mellon University is known for its strong emphasis on technology and the arts, with a graduation rate of 93%. Nestled in Pittsburgh, Pennsylvania, it cultivates an intellectually stimulating environment that attracts ambitious students who thrive in a collaborative, innovative culture.

12% accepted 93% graduate $114,862 earnings

Carnegie's full profile

#14

University of Florida

Gainesville, FL · 35,629 students · Public

With a graduation rate of 91%, the University of Florida is known for its strong commitment to student success. Students here enjoy a vibrant campus life in Gainesville, where collaboration and innovation thrive among a diverse population of over 35,000.

24% accepted 91% graduate $71,588 earnings

University's full profile

#15

The Cooper Union for the Advancement of Science and Art

New York, NY · 842 students · Private nonprofit

Located in the heart of New York City, The Cooper Union for the Advancement of Science and Art attracts students with a passion for engineering, architecture, and art. With an acceptance rate of 21%, it's a competitive environment that fosters creativity and innovation among its 842 students. The 81% graduation rate shows that students here are supported in their journey toward success.

21% accepted 81% graduate $83,847 earnings

Brown University

Providence, RI · 7,226 students · Private nonprofit

With a remarkable 96% graduation rate, Brown University in Providence, RI, is a place where students thrive academically and personally. The university's unique open curriculum allows students to shape their own educational paths, fostering creativity and independence. This environment attracts a diverse group of learners, making it a vibrant community for exploration and growth.

5% accepted 96% graduate $93,487 earnings

Dartmouth College

Hanover, NH · 4,541 students · Private nonprofit

Dartmouth College in Hanover, NH, captivates students with its intimate setting and strong sense of community. A graduation rate of 96% reflects the college's commitment to student success, with a rigorous academic environment that encourages collaboration and critical thinking. The picturesque campus and close-knit community foster lifelong friendships and networking opportunities, making it an appealing choice for students seeking both education and connection.

5% accepted 96% graduate $97,434 earnings

Dartmouth's full profile

#18

Northwestern University

Evanston, IL · 9,201 students · Private nonprofit

Northwestern University stands out for its rigorous academic environment and a graduation rate of 96%. Located in Evanston, Illinois, this private university attracts a diverse and driven student body, eager to excel both academically and socially.

8% accepted 96% graduate $89,363 earnings

Northwestern's full profile

#19

Washington University in St Louis

St. Louis, MO · 7,857 students · Private nonprofit

With a graduation rate of 94%, Washington University in St. Louis is known for its strong academic programs and supportive community. The school has a diverse student body of nearly 8,000, with 18% of students receiving Pell Grants, reflecting its commitment to accessibility and inclusion. It's a place where students can thrive and find their passion, whether in the sciences, humanities, or other fields.

12% accepted 94% graduate $86,182 earnings

Washington's full profile

#20

Columbia University in the City of New York

New York, NY · 8,973 students · Private nonprofit

With a 96% graduation rate, Columbia University is a strong choice for students who are serious about finishing their degrees. Located in the heart of New York City, students have access to a vibrant urban environment that enhances their academic experience and career opportunities. The median earnings of graduates ten years after enrollment reach an impressive $102,491, illustrating how this prestigious institution can significantly impact earning potential.

4% accepted 96% graduate $102,491 earnings

Columbia's full profile

#21

Yale University

New Haven, CT · 6,758 students · Private nonprofit

Yale University draws attention not just for its academic rigor but also for its commitment to fostering a supportive community. With a 96% graduation rate, students can be confident in their ability to complete their degrees in a nurturing environment. Graduates enjoy median earnings of $100,533 a decade after enrollment, reflecting the strong reputation and network of this Ivy League institution.

4% accepted 96% graduate $100,533 earnings

New Mexico Institute of Mining and Technology

Socorro, NM · 995 students · Public

The New Mexico Institute of Mining and Technology is an inviting option for those passionate about science and engineering. With a graduation rate of 57%, this smaller public university offers a tight-knit community where students can benefit from one-on-one faculty interaction and personalized support throughout their academic journeys.

44% accepted 57% graduate $76,489 earnings

New Jersey Institute of Technology

Newark, NJ · 9,019 students · Public

Located in Newark, NJ, the New Jersey Institute of Technology is a hub for students interested in technology and engineering. With a graduation rate of 73%, NJIT emphasizes practical skills and cutting-edge research, making it an attractive option for those looking to enter fast-growing fields.

65% accepted 73% graduate $84,276 earnings

Lafayette College

Easton, PA · 2,757 students · Private nonprofit

Lafayette College, with a graduation rate of 88%, is known for its commitment to undergraduate education in a close-knit environment. The college encourages exploration across disciplines, allowing students to develop diverse skill sets that are increasingly valued in today’s job market. The smaller campus community fosters strong relationships between students and faculty, enhancing the educational experience.

31% accepted 88% graduate $91,410 earnings

Lafayette's full profile

#25

SUNY Maritime College

Throggs Neck, NY · 1,285 students · Public

Nestled in Throggs Neck, New York, SUNY Maritime College offers a unique blend of maritime and engineering programs, attracting students interested in careers at sea or in maritime industries. With a smaller enrollment of 1,285, the college provides an intimate setting where students can benefit from close interactions with faculty and hands-on experiences in their fields of study.

72% accepted 70% graduate $95,951 earnings

University of Notre Dame

Notre Dame, IN · 8,818 students · Private nonprofit

The University of Notre Dame captivates students with its strong sense of community and commitment to academic excellence, reflected in its 96% graduation rate. Nestled in the Midwest, this private university combines a rich tradition with modern learning approaches. Graduates can expect to earn approximately $99,980 within a decade of completing their degree, highlighting the university's emphasis on career readiness and success.

11% accepted 96% graduate $99,980 earnings

University's full profile

#27

Swarthmore College

Swarthmore, PA · 1,613 students · Private nonprofit

Swarthmore College is a place where academic rigor meets a tight-knit community, reflected in its impressive 93% graduation rate. With a focus on liberal arts education, Swarthmore encourages students to think critically and engage deeply with their subjects while building strong relationships with faculty and peers. This small college fosters an environment where ideas flourish and students can explore their passions without the distractions of a larger university setting.

7% accepted 93% graduate $80,257 earnings

Swarthmore's full profile

#28

Washington and Lee University

Lexington, VA · 1,881 students · Private nonprofit

Nestled in Lexington, Virginia, Washington and Lee University offers a close-knit community with a strong emphasis on liberal arts education. With a graduation rate of 94%, it's clear that students receive the support they need to succeed, and the median earnings of $94,810 a decade post-graduation highlight the university's focus on preparing students for high-paying careers.

14% accepted 94% graduate $94,810 earnings

Washington's full profile

#29

Colorado School of Mines

Golden, CO · 6,155 students · Public

With a median earning of $97,335 a decade after graduation, Colorado School of Mines positions itself as a strong contender for those looking to pursue a career in engineering or applied sciences. The school's focus on practical, hands-on education in the heart of Colorado's Rocky Mountains helps students develop critical skills that employers value, particularly in technology and natural resources sectors.

61% accepted 81% graduate $97,335 earnings

Colorado's full profile

#30

Brigham Young University

Provo, UT · 32,952 students · Private nonprofit

68% accepted 82% graduate $75,790 earnings

Brigham's full profile

#31

Michigan Technological University

Houghton, MI · 5,955 students · Public

Nestled in the scenic Upper Peninsula, Michigan Technological University offers a unique educational experience, particularly for students interested in engineering and technology. With a graduation rate of 68%, it provides a tight-knit community where students can thrive both academically and socially.

92% accepted 68% graduate $78,198 earnings

Michigan's full profile

#32

Harvey Mudd College

Claremont, CA · 921 students · Private nonprofit

Harvey Mudd College in Claremont, California is a gem for those passionate about science, engineering, and mathematics. With a tight-knit community of just 921 students, the college emphasizes both rigorous academics and collaboration, creating an environment where students can thrive and innovate together.

13% accepted 93% graduate $138,687 earnings

Harvey's full profile

#33

University of Detroit Mercy

Detroit, MI · 2,438 students · Private nonprofit

75% accepted 68% graduate $71,030 earnings

University's full profile

#34

Illinois Institute of Technology

Chicago, IL · 2,833 students · Private nonprofit

55% accepted 74% graduate $82,592 earnings

Illinois's full profile

#35

Virginia Polytechnic Institute and State University

Blacksburg, VA · 30,923 students · Public

Virginia Tech is home to a vibrant community of over 30,000 students, offering a diverse range of programs that foster both academic and personal growth. With an impressive 86% graduation rate, it's clear that students here are supported as they navigate their college journey, leading to significant long-term financial benefits, including a median earning of $81,698 ten years after graduation.

55% accepted 86% graduate $81,698 earnings

Virginia's full profile

#36

United States Merchant Marine Academy

Kings Point, NY · 962 students · Public

The United States Merchant Marine Academy is a unique institution that combines rigorous academic training with practical maritime skills. With an 81% graduation rate, it prepares students for rewarding careers in various fields, including engineering, logistics, and maritime operations, with median earnings of $90,610 ten years post-graduation, reflecting the academy's strong alumni network and industry connections.

34% accepted 81% graduate $90,610 earnings

United's full profile

#37

The University of Texas at Austin

Austin, TX · 42,855 students · Public

27% accepted 88% graduate $75,121 earnings

Smith College

Northampton, MA · 2,544 students · Private nonprofit

21% accepted 89% graduate $64,027 earnings

Northeastern University

Boston, MA · 17,326 students · Private nonprofit

With a graduation rate of 90%, Northeastern University is a strong choice for students seeking a solid academic experience in a bustling urban environment. The school has a unique focus on experiential learning, integrating co-op programs that allow students to gain valuable work experience while earning their degrees. This practical approach helps students prepare for the workforce, often resulting in impressive earnings after graduation.

5% accepted 90% graduate $92,538 earnings

Northeastern's full profile

#40

University of Central Florida

Orlando, FL · 59,146 students · Public

40% accepted 77% graduate $58,308 earnings

University's full profile

#41

Missouri University of Science and Technology

Rolla, MO · 5,521 students · Public

73% accepted 64% graduate $82,957 earnings

Missouri's full profile

#42

San Jose State University

San Jose, CA · 27,601 students · Public

85% accepted 67% graduate $78,988 earnings

Rensselaer Polytechnic Institute

Troy, NY · 5,714 students · Private nonprofit

63% accepted 83% graduate $102,051 earnings

Rensselaer's full profile

#44

Milwaukee School of Engineering

Milwaukee, WI · 2,654 students · Private nonprofit

59% accepted 69% graduate $89,070 earnings

Milwaukee's full profile

#45

Tufts University

Medford, MA · 7,061 students · Private nonprofit

11% accepted 93% graduate $83,214 earnings

Stevens Institute of Technology

Hoboken, NJ · 4,222 students · Private nonprofit

48% accepted 88% graduate $108,772 earnings

Stevens's full profile

#47

Lehigh University

Bethlehem, PA · 5,898 students · Private nonprofit

26% accepted 89% graduate $105,584 earnings

Lehigh's full profile

#48

Binghamton University

Vestal, NY · 14,655 students · Public

39% accepted 83% graduate $80,596 earnings

Binghamton's full profile

#49

Boston University

Boston, MA · 18,248 students · Private nonprofit

11% accepted 89% graduate $83,238 earnings

Boston's full profile

#50

Virginia Military Institute

Lexington, VA · 1,527 students · Public

71% accepted 79% graduate $77,369 earnings

Virginia's full profile

Despite their high prestige, the Massachusetts Institute of Technology outshines Johns Hopkins University in earnings and graduation rates. With a staggering $143,372 in average earnings compared to Johns Hopkins' $87,555, the difference highlights the financial benefits of selecting the right engineering program.

After reviewing the data, it’s crucial to weigh these findings against personal priorities. Consider factors like location, campus culture, and program specifics alongside these financial metrics. A strong graduation rate may matter more than slightly higher earnings for some students, depending on their career aspirations.

This data illustrates the significant choices families face when investing in education. Choosing the right school can lead to a more stable financial future for graduates. For one family, the decision could mean the difference between a manageable debt load and a lucrative career ahead.

Data Sources

U.S. Dept of Education College Scorecard

Opportunity Insights Mobility Report Card

Social Capital Atlas

Times Higher Education World Rankings

NCES IPEDS

Sources & Citations

[1]

Chetty, R., Friedman, J., Saez, E., Turner, N., & Yagan, D. (2017). Mobility Report Cards: The Role of Colleges in Intergenerational Mobility. NBER Working Paper No. 23618. →

[2]

U.S. Department of Education. College Scorecard Data. Federal Student Aid, National Center for Education Statistics. →

[3]

National Center for Education Statistics. Integrated Postsecondary Education Data System (IPEDS). →

David Krug

Co-Founder, CollegeRanker

David Krug is the co-founder of CollegeRanker and a data systems architect focused on making institutional research accessible to families. He builds the data pipelines and ranking algorithms that power CollegeRanker, drawing from federal datasets and Raj Chetty's Opportunity Insights research to measure what traditional rankings ignore: whether a college actually changes a family's economic trajectory.

Related Rankings

All Rankings Methodology Best Colleges Social Mobility Highest Mobility