Median Earnings (1yr)
$66,371
23rd percentile
40th percentile in New York
Median Debt
$19,500
21% below national median

Analysis

Binghamton's mechanical engineering program delivers solid outcomes at a price that's hard to beat—graduates carry just $19,500 in debt while earning $66,371 in their first year, a debt-to-earnings ratio that puts most private competitors to shame. The catch? Those initial earnings lag behind what you'd expect from a selective SUNY school. At the 40th percentile statewide, Binghamton grads are earning less than the typical New York mechanical engineer, and significantly less than peers at Cornell ($85,440), RIT ($76,263), or even SUNY Maritime ($77,895).

The 19% earnings growth to $78,799 by year four shows graduates aren't stuck at entry-level positions, but they're starting from behind. This program ranks in just the 23rd percentile nationally—meaning three-quarters of mechanical engineering programs produce higher first-year earnings. For a university with a 1415 average SAT and 38% admission rate, these returns feel modest.

Still, the financial risk here is minimal. With debt roughly $5,000 below both state and national medians, your child won't spend years digging out from student loans. If they're looking for an affordable path to a stable engineering career and aren't chasing top-tier tech or aerospace firms right out of college, this works. But if maximizing early earnings matters—especially given Binghamton's competitive admissions—programs like RIT or SUNY Maritime might justify a closer look, even at slightly higher cost.

Where Binghamton University Stands

Earnings vs. debt across all mechanical engineering bachelors's programs nationally

Earnings Distribution

How Binghamton University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Binghamton University$66,371$78,799+19%
SUNY Maritime College$77,895$99,578+28%
Cornell University$85,440$97,093+14%
New York Institute of Technology$56,254$92,781+65%
Syracuse University$66,789$90,527+36%

Compare to Similar Programs in New York

Mechanical Engineering bachelors's programs at peer institutions in New York (24 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Binghamton UniversityVestal$10,363$66,371$78,799$19,5000.29
Cornell UniversityIthaca$66,014$85,440$97,093$15,5000.18
SUNY Maritime CollegeThroggs Neck$8,540$77,895$99,578$26,0000.33
Rochester Institute of TechnologyRochester$57,016$76,263$83,505$27,0000.35
Vaughn College of Aeronautics and TechnologyFlushing$28,850$74,472—$27,0000.36
Rensselaer Polytechnic InstituteTroy$61,884$73,833$84,101$25,0000.34
National Median—$70,744—$24,7550.35

Career Paths

Occupations commonly associated with mechanical engineering graduates

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Aerospace Engineers

Perform engineering duties in designing, constructing, and testing aircraft, missiles, and spacecraft. May conduct basic and applied research to evaluate adaptability of materials and equipment to aircraft design and manufacture. May recommend improvements in testing equipment and techniques.

$134,830/yrJobs growth:Bachelor's degree

Mechanical Engineers

Perform engineering duties in planning and designing tools, engines, machines, and other mechanically functioning equipment. Oversee installation, operation, maintenance, and repair of equipment such as centralized heat, gas, water, and steam systems.

$102,320/yrJobs growth:Bachelor's degree

Fuel Cell Engineers

Design, evaluate, modify, or construct fuel cell components or systems for transportation, stationary, or portable applications.

$102,320/yrJobs growth:Bachelor's degree

Automotive Engineers

Develop new or improved designs for vehicle structural members, engines, transmissions, or other vehicle systems, using computer-assisted design technology. Direct building, modification, or testing of vehicle or components.

$102,320/yrJobs growth:Bachelor's degree

Engineering Teachers, Postsecondary

Teach courses pertaining to the application of physical laws and principles of engineering for the development of machines, materials, instruments, processes, and services. Includes teachers of subjects such as chemical, civil, electrical, industrial, mechanical, mineral, and petroleum engineering. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Cost Estimators

Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.

$77,070/yrJobs growth:Bachelor's degree
About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At Binghamton University, approximately 27% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.

Sample Size: Based on 78 graduates with reported earnings and 105 graduates with debt data. Small samples may not be representative.