Rankings / Value

Most Affordable Colleges for Electrical Engineering

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

Schools Analyzed

$69,302

Avg. Earnings (10yr)

66%

Avg. Graduation Rate

$10,508

Avg. Net Price

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Affordability is a key factor for many students considering a degree in electrical engineering. With tuition costs rising, we’ve compiled a list of colleges that not only offer solid engineering programs but also maintain a focus on keeping education accessible. For instance, the average earnings for graduates in this field from these schools is $69,062, a promising figure for prospective students.

What sets these schools apart are their outcomes. Graduation rates, debt loads, and post-graduation earnings all play a crucial role in evaluating a program's value. The data shows that schools with lower net prices often correlate with higher graduation rates and manageable debt. As you review the list below, keep an eye on these metrics — they can help guide your decision.

For example, Princeton University stands out with a graduation rate of 97% and an average earning of $110,066, reflecting strong outcomes for its graduates. In contrast, CUNY City College has a lower graduation rate of 56% and average earnings of $66,039, which might influence your choice depending on your priorities and circumstances. These differences highlight the importance of looking at both cost and outcomes as you weigh your options.

Key Findings

Princeton University graduates earn an average of $110,066, with a low net price of $6,128.

CUNY City College has a net price of $3,776 but a graduation rate of only 56%.

The average debt for graduates from these schools is $15,000, which is manageable for many families.

Georgia Institute of Technology has an average earning of $102,772, making it a strong option despite a higher net price.

Quick Numbers

Schools ranked 50

Avg. earnings at 10yr $69,302

Avg. graduation rate 66%

Avg. net price $10,508

Avg. median debt $17,991

How We Ranked

Ranked by affordability 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

Princeton University

Princeton, NJ

Graduation97%

Earnings$110,066

Net Price$6,128

View full profile →

University of Florida

Gainesville, FL

Graduation91%

Earnings$71,588

Net Price$6,541

View full profile →

Georgia Institute of Technology-Main Campus

Atlanta, GA

Graduation93%

Earnings$102,772

Net Price$12,116

View full profile →

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Full Rankings

Princeton University

Princeton, NJ · 5,709 students · Private nonprofit

With a remarkable 97% graduation rate, Princeton University cultivates an environment where students can thrive academically and socially. The intimate size of about 5,700 students fosters close relationships with faculty and peers, enhancing the educational experience and leading to impressive median earnings of $110,066 a decade after graduation.

5% accepted 97% graduate $110,066 earnings

Princeton's full profile

University of Florida

Gainesville, FL · 35,629 students · Public

In sunny Gainesville, the University of Florida is a massive university with over 35,000 students, providing an array of academic opportunities in a lively campus atmosphere. With a 91% graduation rate, students are encouraged to engage deeply in their studies, and many find rewarding careers, averaging $71,588 in earnings ten years after graduation.

24% accepted 91% graduate $71,588 earnings

University's full profile

Georgia Institute of Technology-Main Campus

Atlanta, GA · 18,785 students · Public

With a graduation rate of 93%, Georgia Institute of Technology is a strong choice for students looking for solid academic support. Located in Atlanta, a hub of technology and innovation, this school is known for its engineering and computer science programs, attracting students eager to enter competitive fields.

14% accepted 93% graduate $102,772 earnings

Georgia's full profile

CUNY City College

New York, NY · 12,505 students · Public

CUNY City College is a vibrant institution located in the heart of New York City, attracting a diverse student body of over 12,500. Despite its challenges, it has a unique character and offers students a chance to earn a degree in an urban setting with a median earning potential of $66,039 after ten years, reflecting the city's dynamic job market.

60% accepted 56% graduate $66,039 earnings

New Mexico Institute of Mining and Technology

Socorro, NM · 995 students · Public

For students interested in STEM fields, the New Mexico Institute of Mining and Technology offers focused programs with a unique emphasis on engineering and technology. With a smaller student body of just 995, this school cultivates an intimate learning environment that appeals to those seeking personalized attention from professors.

44% accepted 57% graduate $76,489 earnings

United States Merchant Marine Academy

Kings Point, NY · 962 students · Public

The United States Merchant Marine Academy prepares students for unique careers at sea and on land, emphasizing leadership and service. With a graduation rate of 81%, students here benefit from a close-knit community of around 962 peers, where hands-on training complements academic learning, leading to strong median earnings of $90,610 after ten years.

34% accepted 81% graduate $90,610 earnings

United's full profile

Stanford University

Stanford, CA · 7,554 students · Private nonprofit

Stanford University is known for its rigorous academics and vibrant campus life, attracting a diverse group of students who thrive in a collaborative environment. With a staggering 92% graduation rate, the university fosters a culture of success, making it an appealing choice for those looking to excel in their fields.

4% accepted 92% graduate $124,080 earnings

Stanford's full profile

Rice University

Houston, TX · 4,776 students · Private nonprofit

With a graduation rate of 95%, Rice University in Houston is a place where students are supported to succeed. The small size of the student body, just under 5,000, fosters a close-knit community that encourages collaboration and innovation among peers. Rice’s strong focus on research and the liberal arts creates an environment where students can explore their passions while preparing for impactful careers.

8% accepted 95% graduate $89,718 earnings

The Cooper Union for the Advancement of Science and Art

New York, NY · 842 students · Private nonprofit

The Cooper Union for the Advancement of Science and Art is unique not only for its rich history but also for its commitment to providing an excellent education for free. With a graduation rate of 81%, this small institution in New York City is known for its rigorous programs in engineering and architecture, drawing in students who are passionate about their fields and eager to innovate. The strong emphasis on hands-on learning and collaboration allows students to thrive in a dynamic environment.

21% accepted 81% graduate $83,847 earnings

Florida International University

Miami, FL · 39,508 students · Public

With a vibrant student body of nearly 40,000 and a diverse campus culture, Florida International University is a key player in the Miami educational scene. Graduating 74% of its students, it showcases a strong commitment to student success and community engagement, making it an attractive option for those seeking both academics and a lively urban experience.

55% accepted 74% graduate $60,249 earnings

Florida's full profile

#11

Texas A & M International University

Laredo, TX · 6,667 students · Public

Texas A & M International University is an inviting choice for students looking for a supportive environment. With an acceptance rate of 44% and a focus on community engagement, it attracts individuals who appreciate a campus culture built on collaboration and shared experiences.

44% accepted 48% graduate $48,386 earnings

University of South Florida

Tampa, FL · 37,207 students · Public

Situated in the heart of Tampa, the University of South Florida is home to over 37,000 students and is known for its commitment to academic excellence and research. The campus environment encourages collaboration and innovation, making it ideal for students who thrive in dynamic, engaging settings.

43% accepted 76% graduate $57,743 earnings

University's full profile

#13

University of Central Florida

Orlando, FL · 59,146 students · Public

With over 59,000 students, the University of Central Florida is one of the largest public universities in the country. It's located in Orlando, a vibrant city known for its diverse culture and entertainment options, which can enhance the college experience for students seeking both academic and social opportunities.

40% accepted 77% graduate $58,308 earnings

University's full profile

#14

Oakland University

Rochester Hills, MI · 12,351 students · Public

With a graduation rate of 57%, Oakland University might seem like a mixed bag at first glance. But the $58,612 median earnings a decade after graduation highlight the potential for solid financial outcomes for committed students. This public university has a welcoming acceptance rate of 88%, making it an accessible option for many aspiring students in Rochester Hills, MI.

88% accepted 57% graduate $58,612 earnings

Oakland's full profile

#15

Florida Atlantic University

Boca Raton, FL · 23,757 students · Public

Nestled in Boca Raton, Florida Atlantic University is known for its engaging campus environment and commitment to student achievement, highlighted by a graduation rate of 63%. With over 23,000 students, it provides a vibrant atmosphere where individuals can thrive academically and socially.

66% accepted 63% graduate $56,746 earnings

Florida's full profile

#16

The University of Texas Rio Grande Valley

Edinburg, TX · 28,666 students · Public

The University of Texas Rio Grande Valley offers an accessible education to a diverse student body, with a 94% acceptance rate and a large enrollment of 28,666 students. This school stands out for its commitment to serving the local community, making it a great fit for those who value inclusivity and cultural connection.

94% accepted 50% graduate $49,620 earnings

Christian Brothers University

Memphis, TN · 905 students · Private nonprofit

Located in the heart of Memphis, Christian Brothers University is a private nonprofit school that caters to around 905 students. With a 55% graduation rate, it offers a close-knit community ideal for those who appreciate personalized attention and support as they navigate their academic journey.

87% accepted 55% graduate $57,478 earnings

Christian's full profile

#18

Marshall University

Huntington, WV · 7,266 students · Public

Nestled in Huntington, West Virginia, Marshall University provides a welcoming environment for roughly 7,266 students, particularly those seeking a supportive community. While the graduation rate is around 50%, the university is known for its accessibility, with a high acceptance rate of 96%, making it a viable option for many aspiring students.

96% accepted 50% graduate $46,354 earnings

Marshall's full profile

#19

Michigan Technological University

Houghton, MI · 5,955 students · Public

With a median earning of $78,198 ten years after graduation, Michigan Technological University in Houghton, MI, consistently prepares its graduates for strong careers. The school's focus on engineering and technology creates a hands-on learning environment that fuels student innovation and success in a tight job market.

92% accepted 68% graduate $78,198 earnings

Michigan's full profile

#20

Lamar University

Beaumont, TX · 8,150 students · Public

86% accepted 37% graduate $49,652 earnings

University of West Florida

Pensacola, FL · 9,330 students · Public

The University of West Florida, situated in sunny Pensacola, is a public university with 9,330 students. With a graduation rate of 60%, it emphasizes student success and offers a vibrant campus life that includes numerous extracurricular activities, making it an appealing choice for those looking for a well-rounded college experience.

58% accepted 60% graduate $49,137 earnings

University's full profile

#22

University of North Florida

Jacksonville, FL · 13,359 students · Public

In the sunny city of Jacksonville, the University of North Florida attracts around 13,000 students with its focus on student engagement and success. With a graduation rate of 69%, the university provides a supportive atmosphere where students can thrive academically and socially, making it a compelling choice for those looking to build both their skills and networks.

53% accepted 69% graduate $56,343 earnings

University's full profile

#23

California State University-Los Angeles

Los Angeles, CA · 19,562 students · Public

California State University-Los Angeles offers a welcoming environment, especially for students from diverse backgrounds, with 66% of its student body receiving Pell Grants. This inclusivity can be a major draw for those seeking a supportive community while earning their degree in the heart of Los Angeles.

91% accepted 53% graduate $59,211 earnings

California's full profile

#24

The University of Texas at El Paso

El Paso, TX · 21,005 students · Public

The University of Texas at El Paso stands out with its commitment to serving a diverse student body, with 62% of students receiving Pell Grants. This public university has an open-door policy reflected in its 100% acceptance rate, catering to those who may need a second chance at higher education.

100% accepted 48% graduate $50,923 earnings

Portland State University

Portland, OR · 13,182 students · Public

With a vibrant location in the heart of Portland, Oregon, Portland State University (PSU) draws in a diverse student body of over 13,000. The university is known for its commitment to sustainability and community engagement, making it a great choice for students who want to make a difference while pursuing their education. The acceptance rate of 91% means that many students can find a welcoming home here, regardless of their academic background.

91% accepted 53% graduate $57,906 earnings

Portland's full profile

#26

College of Staten Island CUNY

Staten Island, NY · 9,657 students · Public

The College of Staten Island CUNY provides a unique opportunity to study at a public institution with a focus on community engagement and accessibility. With a large acceptance rate of 92%, it opens its doors to many students, but the graduation rate of 33% signals the importance of support and dedication for those who enroll.

92% accepted 33% graduate $53,501 earnings

College's full profile

#27

Florida State University

Tallahassee, FL · 32,212 students · Public

Florida State University is not just a large school—it's a vibrant hub for over 32,000 students, where a strong sense of community flourishes. The impressive 84% graduation rate signals that students tend to find their footing and finish their degrees. Located in Tallahassee, the university also delivers a robust $61,675 median earnings at 10 years, pointing to a solid return for graduates.

24% accepted 84% graduate $61,675 earnings

Florida's full profile

#28

North Carolina A & T State University

Greensboro, NC · 12,182 students · Public

50% accepted 56% graduate $44,440 earnings

Louisiana Tech University

Ruston, LA · 8,312 students · Public

86% accepted 61% graduate $52,279 earnings

Louisiana's full profile

#30

University of Michigan-Dearborn

Dearborn, MI · 5,952 students · Public

University of Michigan-Dearborn serves a diverse student body of nearly 6,000, providing a welcoming environment in the heart of Michigan. While the graduation rate is 57%, the university excels in offering practical programs that cater to the local job market, making it an appealing choice for those seeking to balance education with career development. Students here often benefit from close relationships with faculty and community partners, enhancing their overall educational experience.

56% accepted 57% graduate $59,649 earnings

University's full profile

#31

New Jersey Institute of Technology

Newark, NJ · 9,019 students · Public

65% accepted 73% graduate $84,276 earnings

Massachusetts Institute of Technology

Cambridge, MA · 4,535 students · Private nonprofit

Massachusetts Institute of Technology in Cambridge is synonymous with cutting-edge education and research. Its graduates earn a staggering median income of $143,372 a decade after graduation, reflecting the high demand for MIT alumni in the job market and the transformative impact of its rigorous programs on careers across industries.

5% accepted 96% graduate $143,372 earnings

Massachusetts's full profile

#33

Purdue University Northwest

Hammond, IN · 5,671 students · Public

Purdue University Northwest is a solid choice for students seeking a balance between affordability and academic support in a smaller public university setting. With a 43% graduation rate, the school encourages persistence, helping students navigate their educational journey, even if the path is sometimes challenging.

72% accepted 43% graduate $48,318 earnings

Purdue's full profile

#34

University of Detroit Mercy

Detroit, MI · 2,438 students · Private nonprofit

75% accepted 68% graduate $71,030 earnings

University's full profile

#35

The University of Texas at San Antonio

San Antonio, TX · 30,580 students · Public

87% accepted 52% graduate $57,131 earnings

California State University-Fullerton

Fullerton, CA · 38,546 students · Public

California State University-Fullerton is a bustling campus with over 38,000 students, offering a vibrant college experience in Southern California. The graduation rate stands at 70%, reflecting a supportive environment where many students successfully navigate their educational journeys. The diversity of programs and extracurricular opportunities allows students to explore various interests while forming valuable connections with peers and faculty alike.

91% accepted 70% graduate $62,951 earnings

California's full profile

#37

California State University-Bakersfield

Bakersfield, CA · 8,577 students · Public

California State University-Bakersfield offers an accessible education with a generous acceptance rate of 94%, inviting a broad range of students to join its community. While the graduation rate is 50%, the university is still a vital resource for local students looking to advance their careers with a degree.

94% accepted 50% graduate $59,009 earnings

California's full profile

#38

Vanderbilt University

Nashville, TN · 7,208 students · Private nonprofit

Vanderbilt University offers an intimate learning environment with a student body of just over 7,200. Known for its strong academic programs and a graduation rate of 93%, Vanderbilt fosters a community where students can thrive academically and socially, although the competitive acceptance rate of 6% means this school is not an easy entry.

6% accepted 93% graduate $91,565 earnings

Vanderbilt's full profile

#39

University of New Orleans

New Orleans, LA · 4,638 students · Public

74% accepted 40% graduate $47,872 earnings

University's full profile

#40

Missouri University of Science and Technology

Rolla, MO · 5,521 students · Public

73% accepted 64% graduate $82,957 earnings

Missouri's full profile

#41

California Institute of Technology

Pasadena, CA · 987 students · Private nonprofit

3% accepted 94% graduate $128,566 earnings

California's full profile

#42

California State University-Northridge

Northridge, CA · 32,691 students · Public

Nestled in the San Fernando Valley, California State University-Northridge is home to around 32,700 students. Known for its inclusive atmosphere and strong commitment to student success, CSUN is a great fit for those seeking a collaborative and diverse educational experience.

93% accepted 57% graduate $59,115 earnings

California's full profile

#43

San Jose State University

San Jose, CA · 27,601 students · Public

85% accepted 67% graduate $78,988 earnings

Johns Hopkins University

Baltimore, MD · 5,693 students · Private nonprofit

6% accepted 94% graduate $87,555 earnings

University of Georgia

Athens, GA · 32,137 students · Public

38% accepted 89% graduate $68,726 earnings

University's full profile

#46

West Virginia University Institute of Technology

Beckley, WV · 981 students · Public

With a tight-knit community of around 981 students in Beckley, West Virginia University Institute of Technology offers a unique focus on practical, hands-on learning. The school's environment fosters close relationships between students and faculty, which can enhance the educational experience and provide support as students work toward their degrees.

37% accepted 34% graduate $55,939 earnings

University of Illinois Chicago

Chicago, IL · 22,170 students · Public

Situated in the vibrant city of Chicago, the University of Illinois Chicago serves over 22,000 students and emphasizes a commitment to diversity and inclusion. With a graduation rate of 61%, the university offers numerous resources and support systems to help students navigate their academic journeys and succeed in their chosen fields.

77% accepted 61% graduate $68,740 earnings

University's full profile

#48

Saginaw Valley State University

University Center, MI · 5,989 students · Public

72% accepted 51% graduate $51,955 earnings

Saginaw's full profile

#49

University of Connecticut-Waterbury Campus

Waterbury, CT · 733 students · Public

At the University of Connecticut's Waterbury Campus, students join a smaller community of around 733. With a graduation rate of 56%, this public university offers an intimate learning environment, perfect for those who thrive in smaller classes and personalized interactions with faculty.

87% accepted 56% graduate $73,997 earnings

University's full profile

#50

University of Tulsa

Tulsa, OK · 2,813 students · Private nonprofit

62% accepted 73% graduate $61,408 earnings

University's full profile

One trend that stands out is the relationship between graduation rates and earnings. For example, Princeton University, with its 97% graduation rate, boasts an impressive average earning of $110,066. In contrast, CUNY City College's lower graduation rate of 56% leads to lower average earnings of $66,039. This pattern suggests that higher completion rates can significantly impact long-term financial outcomes.

As you sift through these 50 schools, consider what matters most to you. Are you prioritizing location, campus culture, or the specific electrical engineering program? Balancing these factors against the data on earnings and debt will help you find a school that aligns with your personal goals and financial situation. Make a list of your top priorities and see which schools fit best, rather than just focusing on the numbers alone.

Ultimately, the path from college to a stable life involves making informed choices based on hard data. One family's decision to choose Georgia Institute of Technology over CUNY City College, for example, might hinge on the trade-off between a higher earning potential and the overall campus experience. Each choice shapes the future financially and personally, underscoring the importance of thorough research and consideration.

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.

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