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College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

2026 Best Value Engineering Physics Schools

14 Colleges in the United States
$20,551 Avg Student Debt
$78,127 Avg Median Earnings (10yr)
2026 Best Value Engineering Physics Badge [Engineering Physics](/majors/engineering/engineering-physics/) programs reward a close look at where your money goes furthest. The best values balance affordable tuition against strong post-graduation earnings.

College Factual analyzed 142 schools to build this 2026 ranking of the best value engineering physics schools.

What’s on this page:

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Finding the Best Value Engineering Physics School for You

The engineering physics program you select can have a big impact on your finances and your future. That is why we developed our Best Value Engineering Physics Schools ranking. It weighs the cost of a degree against the outcomes graduates go on to achieve, so you can find the strongest return on your investment.

Read more about our methodology

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we offer several rankings, including this Best Value Engineering Physics Schools list, to help you choose. Want schools in a particular part of the country? Narrow the list by region or state.

Associate's Degrees in Engineering Physics
Bachelor's Degrees in Engineering Physics
Master's Degrees in Engineering Physics
Doctorate Degrees in Engineering Physics

Want to compare schools head to head? Try our College Combat tool to weigh the factors that matter most to you.

See how we build our rankings

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2026 Best Value Engineering Physics Schools in the United States

If you want to know which schools deliver the best value for the engineering physics degrees they offer, see the list below.

Best Value Engineering Physics Schools

1
Rice University crest
Rice University
Houston, TX

For return on investment in engineering physics, no school beat Rice University this year. Located in the city of Houston, Rice University is a moderately-sized private not-for-profit university. Students from in state pay about $61,247 in tuition and fees. Engineering Physics graduates carry a median of $11,904 in student loans. Early-career engineering physics graduates make about $75,299. Weighed against typical debt, the earnings make a compelling case for value. Roughly 8% of applicants are accepted.

2

The strong cost-to-outcome balance at University Of Michigan Ann Arbor earned it the #2 place for engineering physics. Set in the city of Ann Arbor, University Of Michigan Ann Arbor is a very large public institution. The average in-state cost of tuition and fees is $18,848, compared with $63,081 for out-of-state students. Students borrow a median of $19,137 to complete the engineering physics program here. Engineering Physics graduates of University Of Michigan Ann Arbor earn a median of $66,254 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. Roughly 16% of applicants are accepted.

3

Students looking for strong value in engineering physics will find it at Murray State University, which ranked #3. Set in the town of Murray, Murray State University is a large public institution. In-state tuition and fees average $9,900, with out-of-state students paying around $19,836. Typical student debt for engineering physics graduates is $19,521. Engineering Physics graduates of Murray State University earn a median of $58,025 early in their careers. That is a strong return on a $19,521 median debt. Roughly 86% of applicants are accepted.

4

University Of California Berkeley is a great value for students pursuing a degree in engineering physics, landing the #4 spot this year. University Of California Berkeley is a very large public school located in the city of Berkeley. Students from in state pay about $15,377 in tuition and fees, while out-of-state students pay about $47,265. Typical student debt for engineering physics graduates is $14,238. Early-career engineering physics graduates make about $70,847. Set against $14,238 in median debt, that is a healthy payoff. The acceptance rate is 11%.

5

A rank of #5 makes University Of Illinois At Urbana Champaign one of the best values for engineering physics. Set in the city of Champaign, University Of Illinois At Urbana Champaign is a very large public institution. Students from in state pay about $18,267 in tuition and fees, while out-of-state students pay about $40,096. Students borrow a median of $20,136 to complete the engineering physics program here. Early-career engineering physics graduates make about $64,304. That is a strong return on a $20,136 median debt. Roughly 42% of applicants are accepted.

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6

Lansing Community College ranked #6 on our 2026 list of the best value engineering physics schools. Lansing Community College is a large public school located in the city of Lansing. In-state tuition and fees average $4,100, while out-of-state students pay about $11,300. Engineering Physics graduates carry a median of $16,700 in student loans. Early-career engineering physics graduates make about $46,103. That is a strong return on a $16,700 median debt.

7

Florida Polytechnic University came in at #7 for value in engineering physics this year. Florida Polytechnic University is a small public school located in the rural area of Lakeland. In-state tuition and fees average $4,940, while out-of-state students pay about $21,004. Engineering Physics graduates carry a median of $7,500 in student loans. Early-career engineering physics graduates make about $64,823. Florida Polytechnic University admits about 58% of applicants.

8
Harvard University crest
Harvard University
Cambridge, MA

Harvard University placed #8 among the best values for engineering physics. Located in the city of Cambridge, Harvard University is a very large private not-for-profit university. Expect in-state tuition and fees of around $61,676. Engineering Physics graduates carry a median of $16,616 in student loans. Soon after graduation, engineering physics degree recipients from Harvard University generally make around $95,207. Set against $16,616 in median debt, that is a healthy payoff. The acceptance rate is 4%.

9

University Of Wisconsin Platteville came in at #9 for value in engineering physics this year. Located in the town of Platteville, University Of Wisconsin Platteville is a moderately-sized public university. The average in-state cost of tuition and fees is $8,644, while out-of-state students pay about $17,603. Typical student debt for engineering physics graduates is $27,000. Early-career engineering physics graduates make about $68,379. Weighed against typical debt, the earnings make a compelling case for value. University Of Wisconsin Platteville admits about 89% of applicants.

10

Augustana College Illinois landed the #10 spot for engineering physics value this year. Located in the city of Rock Island, Augustana College Illinois is a mid-sized private not-for-profit university. Expect in-state tuition and fees of around $51,598. Engineering Physics graduates carry a median of $27,000 in student loans. Early-career engineering physics graduates make about $54,165. That is a strong return on a $27,000 median debt. Augustana College Illinois admits about 63% of applicants.

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11

California Institute Of Technology earned the #11 position for value in engineering physics this year. Located in the city of Pasadena, California Institute Of Technology is a mid-sized private not-for-profit university. The average in-state cost of tuition and fees is $65,898. Engineering Physics graduates of California Institute Of Technology earn a median of $173,344 early in their careers. The acceptance rate is 3%.

12

Ohio State University Main Campus came in at #12 for value in engineering physics this year. Ohio State University Main Campus is a very large public school located in the city of Columbus. In-state tuition and fees average $13,244, while out-of-state students pay about $40,022. Engineering Physics graduates carry a median of $22,053 in student loans. Engineering Physics graduates of Ohio State University Main Campus earn a median of $58,088 early in their careers. Set against $22,053 in median debt, that is a healthy payoff. Roughly 61% of applicants are accepted.

13

Columbia University In The City Of New York earned the #13 position for value in engineering physics this year. Columbia University In The City Of New York is a very large private not-for-profit school located in the city of New York. In-state tuition and fees average $70,517. Students borrow a median of $23,258 to complete the engineering physics program here. Engineering Physics graduates of Columbia University In The City Of New York earn a median of $86,770 early in their careers. Set against $23,258 in median debt, that is a healthy payoff. Columbia University In The City Of New York admits about 4% of applicants.

14

Delaware State University ranked #14 on our 2026 list of the best value engineering physics schools. Set in the city of Dover, Delaware State University is a moderately-sized public institution. Students from in state pay about $10,670 in tuition and fees, with out-of-state students paying around $20,634. Students borrow a median of $31,000 to complete the engineering physics program here. Early-career engineering physics graduates make about $54,210. That is a strong return on a $31,000 median debt. Delaware State University admits about 47% of applicants.

15

University Of Colorado Boulder ranked #15 on our 2026 list of the best value engineering physics schools. Located in the city of Boulder, University Of Colorado Boulder is a very large public university. The average in-state cost of tuition and fees is $15,214, with out-of-state students paying around $42,970. Typical student debt for engineering physics graduates is $20,373. Soon after graduation, engineering physics degree recipients from University Of Colorado Boulder generally make around $55,861. That is a strong return on a $20,373 median debt. University Of Colorado Boulder admits about 78% of applicants.

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16

University Of Oregon landed the #16 spot for engineering physics value this year. Located in the city of Eugene, University Of Oregon is a very large public university. The average in-state cost of tuition and fees is $15,320, compared with $42,516 for out-of-state students. Typical student debt for engineering physics graduates is $22,034. Early-career engineering physics graduates make about $98,640. Set against $22,034 in median debt, that is a healthy payoff. University Of Oregon admits about 88% of applicants.

17
Yale University crest
Yale University
New Haven, CT

Yale University placed #17 among the best values for engineering physics. Set in the city of New Haven, Yale University is a large private not-for-profit institution. In-state tuition and fees average $67,250. Engineering Physics graduates carry a median of $14,357 in student loans. Engineering Physics graduates of Yale University earn a median of $74,578 early in their careers. Set against $14,357 in median debt, that is a healthy payoff. The acceptance rate is 4%.

18
Biola University crest
Biola University
La Mirada, CA

Biola University earned the #18 position for value in engineering physics this year. Biola University is a moderately-sized private not-for-profit school located in the suburb of La Mirada. In-state tuition and fees average $48,984. Engineering Physics graduates carry a median of $25,308 in student loans. Soon after graduation, engineering physics degree recipients from Biola University generally make around $45,003. That is a strong return on a $25,308 median debt. Biola University admits about 74% of applicants.

19

Colorado School Of Mines landed the #19 spot for engineering physics value this year. Colorado School Of Mines is a moderately-sized public school located in the suburb of Golden. Students from in state pay about $21,914 in tuition and fees, compared with $45,824 for out-of-state students. Students borrow a median of $21,500 to complete the engineering physics program here. Engineering Physics graduates of Colorado School Of Mines earn a median of $72,858 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. Colorado School Of Mines admits about 61% of applicants.

20

Cornell University ranked #20 on our 2026 list of the best value engineering physics schools. Located in the city of Ithaca, Cornell University is a very large private not-for-profit university. In-state tuition and fees average $69,314. Typical student debt for engineering physics graduates is $15,005. Soon after graduation, engineering physics degree recipients from Cornell University generally make around $75,976. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 9%.

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21
Siena College crest
Siena College
Loudonville, NY

Siena College came in at #21 for value in engineering physics this year. Located in the suburb of Loudonville, Siena College is a mid-sized private not-for-profit university. In-state tuition and fees average $45,805. Students borrow a median of $26,656 to complete the engineering physics program here. Engineering Physics graduates of Siena College earn a median of $44,535 early in their careers. That is a strong return on a $26,656 median debt. The acceptance rate is 69%.

22

Embry Riddle Aeronautical University Daytona Beach placed #22 among the best values for engineering physics. Located in the city of Daytona Beach, Embry Riddle Aeronautical University Daytona Beach is a large private not-for-profit university. The average in-state cost of tuition and fees is $44,074. Students borrow a median of $23,667 to complete the engineering physics program here. Soon after graduation, engineering physics degree recipients from Embry Riddle Aeronautical University Daytona Beach generally make around $56,889. Set against $23,667 in median debt, that is a healthy payoff. Roughly 65% of applicants are accepted.

23

Fordham University landed the #23 spot for engineering physics value this year. Fordham University is a large private not-for-profit school located in the city of Bronx. In-state tuition and fees average $64,470. Typical student debt for engineering physics graduates is $25,643. Engineering Physics graduates of Fordham University earn a median of $59,403 early in their careers. That is a strong return on a $25,643 median debt. Roughly 59% of applicants are accepted.

24

Tulane University Of Louisiana placed #24 among the best values for engineering physics. Tulane University Of Louisiana is a large private not-for-profit school located in the city of New Orleans. Expect in-state tuition and fees of around $68,678. Students borrow a median of $22,077 to complete the engineering physics program here. Engineering Physics graduates of Tulane University Of Louisiana earn a median of $54,082 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. Roughly 14% of applicants are accepted.

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Engineering Physics is one of many programs to choose from within the area of study. Browse the parent area of study.

Major Annual Graduates
Engineering Physics/Applied Physics 650

View All Engineering Physics Concentrations >

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Notes and References

This list is compiled by College Factual (MF_RANKING_2025), 2026 edition. Schools are scored on the balance of cost (tuition and student debt) against student outcomes (post-graduation earnings) — a measure of return on investment, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).

Ranking method: College Major Best Value · 142 schools evaluated.

*Averages shown above reflect the top 14 ranked schools only.

More about our data sources and methodologies.

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