Engineering and CS Students: Is Georgia Tech the Best Value?

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The short answer is, YES, especially if you’re interested in studying engineering and computer science. NerdWallet takes a closer look at the top 10 universities with highest reported salaries upon graduation, juxtaposing their respective tuition costs and acceptance rates.

Top three reasons why GA Tech is one of the best values out there for future Engineers and CS-majors:

      1. Students make bank upon graduation.

        A look at top salaries by schools reveals that GA Tech lands in at #10 nicely – its College of Computing and College of Engineering and graduates reported an average salary of $60,000 upon graduation.

      2. It won’t cost you an arm and leg to attend.

        GA Tech is the only public university in the top 10 list – meaning it’s much more affordable compared to private universities.  If you’re an in-state resident, annual tuition cost is a paltry $7,938, compared to the average tuition of $44,000 charged by the other top 10 highest universities.  Even if you’re out-of-state, tuition is still a fraction of the private schools’ tuition, $26,148 a year.

      3. You have a good chance of getting in.  

        GA Tech has an 54.55% acceptance rate- the highest in the top 10 universities by salary (Carnegie Mellon’s SCS, on the other hand, accepts only 8% of its applicants).  GA Tech evaluates applicants in an overall pool, irrespective of major or program.  What that means is, unlike many other specialty undergraduate programs which evaluates engineering or computer science candidates separately from the overall school (e.g., traditional liberal arts and sciences), GA Tech considers all applicants in the same pool.

Supporting data:

University Average Salary Acceptance Rate Tuition Costs Only
1) Carnegie Mellon University- School of Computer Science $79,551 8% $44,880
2) Harvey Mudd College $67,000 18% $44,159
3) MIT $65,437 9% $40,732
4) Carnegie Mellon University – CIT (Engineering) $64,427 20% $44,880
5) University of Pennsylvania – School of Engineering & Applied Science $64,033 13% $43,738
6) University of Pennsylvania – Wharton School (Business) $63,273 10% $43,738
7) Cornell University (College of Engineering) $62,347 12% $43,185
8) Carnegie Mellon University – Tepper School of Business $60,970 12% $44,880
9) Georgia Institute of Technology – College of Computing $60,387 55% $7,938 (In-state) or $26,148
10) Georgia Institute of Technology – College of Engineering $60,000 55% $7,938 (In-state) or $26,148

Sources:

http://newwww.hmc.edu/admission/afford/cost-of-attendance/

http://web.mit.edu/facts/tuition.html

http://www.cmu.edu/hub/tuition/1213-undergraduate.html

http://www.admissions.upenn.edu/costs-financial-aid/faq

http://www.finaid.gatech.edu/apply/costs_tuition/

http://www.dfa.cornell.edu/treasurer/bursar/studentsparents/tuition/