2026 data College Scorecard official source

Affordable Alternatives to Milwaukee School of Engineering

Open-data reference.

We found 15 schools structurally similar to Milwaukee School of Engineering that cost less. 4 offer comparable or better earnings outcomes.

Your School

Milwaukee School of Engineering

Milwaukee, Wisconsin · Private Nonprofit

$22,453
Net Price
$89,070
Median Earnings (10yr)
58.9%
Acceptance Rate
69.2%
Graduation Rate

What the IPEDS & College Scorecard Data Shows for Alternatives to Milwaukee School of Engineering

Milwaukee School of Engineering posts an average net price of $22,453 after grants and scholarships, the IPEDS-derived figure used to anchor this alternatives search. We screened institutions in the Integrated Postsecondary Education Data System for colleges that report a lower net price and share structural similarity with Milwaukee School of Engineering across six dimensions — ownership sector, Carnegie classification, undergraduate enrollment, admission rate, graduate earnings, and completion rate. 15 institutions cleared a 40-percent similarity threshold.

The maximum possible savings across this list is $11,700, achieved by Yeshiva Shaarei Torah of Rockland at $10,753. Of greater interest to ROI-focused applicants: 4 of the 15 alternatives also report median 10-year earnings at or above Milwaukee School of Engineering’s $89,070, meaning lower cost is not paired with lower earnings. The mean median-earnings figure across alternatives is $85,886.

The similarity scoring treats enrollment size, Carnegie classification, and ownership sector as high-weight features because those structural attributes correlate most strongly with student experience and post-graduation outcomes in the College Scorecard literature. Admission rate and graduation rate enter as secondary features, while net price drives the cost-ranking that determines which institutions appear. Net price is an IPEDS-reported figure calculated as the average cost of attendance minus institutional and federal grants for first-time, full-time undergraduates receiving Title IV aid — so it already accounts for the aid a typical admitted student would receive. That makes it a more honest cost comparison than sticker-price tuition alone.

Similar Schools That Cost Less

15
Alternatives Found
$11,700
Max Savings
4
Better Value Options
67%
Best Match

Top 5 alternatives by 10-yr earnings

Top 5 alternatives by 10-yr earnings Horizontal bar chart of the top 5 items by value (USD). Top 5 alternatives by 10-yr earnings Top 5 1. Illinois Institute of Techno $83k 2. Williams College $89k 3. Embry-Riddle Aeronautical Un $84k 4. Yeshiva Shaarei Torah of Roc $90k 5. Colby College $80k Compared to Milwaukee School of Engineering: $89k.

Source: U.S. Department of Education — College Scorecard Institution-level earnings + cost-of-attendance file · 2024 (latest release) Median 10-year earnings reflect federal-aid recipients only; net price reflects sticker price minus average grants/scholarships.

School Net Price Savings Earnings (10yr) Graduation Similarity
Illinois Institute of Technology
Chicago, IL · Private Nonprofit
$18,425 -$4,028 $82,592 74.0% 67%
Williams College
Williamstown, MA · Private Nonprofit
$17,716 -$4,737 $88,665 95.1% 53%
Embry-Riddle Aeronautical University-Worldwide
Daytona Beach, FL · Private Nonprofit
$18,725 -$3,728 $84,131 21.1% 53%
Yeshiva Shaarei Torah of Rockland
Suffern, NY · Private Nonprofit Better Value
$10,753 -$11,700 $89,548 N/A 49%
Colby College
Waterville, ME · Private Nonprofit
$17,180 -$5,273 $80,490 89.5% 48%
Belanger School of Nursing
Schenectady, NY · Private Nonprofit
$13,185 -$9,268 $79,677 N/A 46%
Unitek College
Hayward, CA · Private For-Profit
$19,130 -$3,323 $87,877 N/A 45%
New Jersey Institute of Technology
Newark, NJ · Public
$16,504 -$5,949 $84,276 72.9% 45%
Rice University
Houston, TX · Private Nonprofit Better Value
$13,370 -$9,083 $89,718 95.2% 44%
Bowdoin College
Brunswick, ME · Private Nonprofit
$14,398 -$8,055 $82,735 95.4% 44%
Johns Hopkins University
Baltimore, MD · Private Nonprofit
$18,809 -$3,644 $87,555 94.2% 43%
University of Chicago
Chicago, IL · Private Nonprofit Better Value
$14,860 -$7,593 $91,885 95.4% 42%
Vanderbilt University
Nashville, TN · Private Nonprofit Better Value
$15,846 -$6,607 $91,565 93.1% 42%
Washington University in St Louis
St. Louis, MO · Private Nonprofit
$21,786 -$667 $86,182 94.3% 42%
Davidson College
Davidson, NC · Private Nonprofit
$17,379 -$5,074 $81,400 91.5% 42%

How We Match Schools

Our similarity engine compares schools across six dimensions: institution type (Carnegie classification), ownership (public/private), enrollment size, admission selectivity, graduate earnings, and completion rates. Each dimension is weighted by its impact on student outcomes.

Only schools with a lower average net price than Milwaukee School of Engineering are shown. Schools marked "Better Value" have comparable or higher median earnings at a lower cost.

Data source: U.S. Department of Education College Scorecard. Earnings are median values 10 years after enrollment, drawn from U.S. Treasury tax records. Net price is the average cost after grants and scholarships for first-time, full-time students, as reported through IPEDS.

Frequently Asked Questions

What are cheaper alternatives to Milwaukee School of Engineering?
We found 15 schools similar to Milwaukee School of Engineering that cost less. The closest match is Illinois Institute of Technology with 67% similarity and a net price of $18,425.
What is the ROI of attending Milwaukee School of Engineering?
Milwaukee School of Engineering has an average net price of $22,453. Graduates earn a median of $89,070 ten years after enrollment. The earnings-to-cost ratio is 4.0x.
Are there schools with better outcomes than Milwaukee School of Engineering for less money?
Yes — 4 of 15 alternatives offer comparable or higher median earnings at a lower net price. Yeshiva Shaarei Torah of Rockland costs $10,753 (saving $11,700) with median earnings of $89,548.
What is the cheapest alternative to Milwaukee School of Engineering?
The most affordable similar school is Yeshiva Shaarei Torah of Rockland at $10,753, saving $11,700 compared to Milwaukee School of Engineering. It has a 49% similarity score.
How do alternative schools' earnings compare?
The 15 alternatives have an average median earnings of $85,886 compared to Milwaukee School of Engineering's $89,070. While alternatives cost less, their average earnings are also lower. Individual results vary — check the comparison table above.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Department of Education College Scorecard. Consult a qualified professional before making decisions based on this data.